What does storage in the duty-free high-security warehouse in Switzerland cost?
You benefit from lower storage costs as Elementum collects orders from multiple investors and stores the precious metals once a month.
The storage costs are transparent and fairly staggered. They include all ancillary costs such as procurement, logistics, security, insurance, storage, inspection and certification.
The storage fee depends on the value of the stored silver and amounts to between 0.50 and 0.845% of the average market price per half-year. For gold, the price is 0.20 to 0.375%. The calculation is based on the average monthly exchange rate of the Swiss Franc and the average monthly value of your precious metals.
The storage of the metals is not bound to a fixed term – the storage duration is flexible and terminable at any time.