Storage
Storage Disclaimer
Please note that City Gold Bullion currently has limited storage capacity.
We are not accepting new storage applications for personal accounts at this time.
If you would like to store precious metals through a Self-Managed Super Fund (SMSF), please click here to submit an enquiry. Our team will contact you within three business days to advise whether storage is currently available.
Submit an SMSF enquiryStorage Services
City Gold Bullion offers fully allocated storage within a privately owned vaulting facility. Fully allocated storage means that your physical precious metals are held specifically on your behalf.
With close to 30 years of experience, we have extensive knowledge in storing precious metals for both individual customers and SMSFs. We currently store precious metals for a large number of superannuation funds across South Australia and Queensland.
All stored precious metals are fully insured. Clients will receive an annual statement of holdings for each financial year, along with any other relevant documentation required to satisfy their SMSF auditor upon request.
Storage Fees
| Metal | Annual storage fee |
|---|---|
| Gold | 1% of the spot value per financial year |
| Silver | 1.8% of the spot value per financial year |
Storage fees are inclusive of insurance but exclusive of GST.
Accessing Your Stored Precious Metals
Stored precious metals may be viewed or collected during business hours by confirmed appointment only.
Advance notice is required so that we can arrange secure delivery of your items from our private vaulting facility to our showroom. This process may be completed more quickly during off-peak periods.
Selling Stored Precious Metals
If you wish to sell any of your stored precious metals, the process can generally be completed promptly.
The quantity being sold and your nominated bank account details must be confirmed by email on the day of the sale.