Child Savings Account

With GoldRepublic, you can easily open a child savings account tailored to the US market. This unique savings plan helps you build a safe and smart financial future for your child. By investing in physical gold or silver, you lay a solid foundation for your child while benefiting from the stability of precious metals.

Automatic saving in physical gold
Starting from as little as $50 per deposit
Easily change, pause, or stop your regular deposits
50% discount on transaction fees when buying
Securely stored in independent, well-protected vaults in Switzerland

Benefits of a Child Savings Account

  • Protect your wealth: Precious metals like gold and silver retain their value, even during uncertain economic times.
  • Flexible saving: Start saving from just $50 per month through our savings plan.
  • Future-focused: Save for key milestones, such as education or a first home.
  • Secure storage: Your precious metals are professionally stored in our Zurich vaults.
  • Full ownership: The metals are registered in your child’s name and remain their property.

How Does the Savings Plan Work?

1. Automatic saving: Choose a fixed monthly amount and invest in gold, silver, or platinum.
2. 50% discount on transaction fees:
Enjoy reduced fees when saving through the plan.
3. Professional storage:
Your metals are securely stored and fully insured.
4. Daily updates:
Receive daily confirmation of your investments.

With our savings plan, you can build wealth for your child effortlessly!

Our customer service team is ready to guide you through the process step-by-step.

Opening a Child Savings Account

Creating a child savings account with GoldRepublic is simple and straightforward. As the legal guardian, you manage the account on behalf of your child. Once your child turns 18, the account is automatically converted into a personal account.

What Do You Need?

  • Proof of identity for both the legal guardian and the child.
  • Authorisation form for child accounts.
  • Minimum initial deposit of $50 to start investing.

Frequently asked questions

How do I open an account with GoldRepublic?

You can easily open an account via our website. After filling in your details and validating your identity, you can start purchasing immediately.

Is GoldRepublic licensed?

Yes, GoldRepublic has a license from the Financial Markets Authority (AFM) as a provider of investment objects.

What are the minimum purchase amounts?

You can buy precious metal for as little as $50 or 1 gram. Low-threshold investments are also possible via a savings plan.

Is my precious metal insured?

Yes, the precious metal in storage is your legal property and fully insured.

Is buying gold wise?

Yes, buying physical gold can be wise if you aim to preserve long-term wealth. Gold offers protection against inflation and historically maintains its purchasing power. For example, between 2005 and 2025, the price of gold rose by an average of more than 10% per year. Whether gold is a smart investment for you depends on your personal investment goals.

Is now a good time to buy gold or is it better to wait?

Although the gold price has been breaking record after record in recent months, it may still be a good time to enter the market. Gold is a long-term investment and has achieved an average annual return of around 8% since 1971. Even if you buy gold now at a relatively high price, the chance that your investment will be worth more over the longer term increases.

What is the best way to buy gold?

The best way depends on your goals and personal preferences. With physical gold, you are the legal owner, which offers protection during systemic crises. However, you often pay storage costs. Gold ETFs track the gold price and generally have lower management fees. The main difference is counterparty risk. With an ETF, you depend on the financial stability of the issuer and the custodian. With physical gold, there is no counterparty risk.

Where can I reliably buy gold in the United States?

You can reliably buy physical gold from dealers that supply LBMA-accredited bullion. These providers offer investment-grade gold with a purity of at least 99.99%, which is recognised and tradable worldwide. GoldRepublic is one of these providers and offers online access to physical precious metals that are securely stored in professional vaults.

Is buying physical gold sensible compared with other investments?

Buying physical gold can be sensible as protection against inflation and market crashes, as the gold price rose by an average of 10% per year over the past 20 years. Whether it is the best choice depends on your goals. Gold does not pay dividends like some stocks, but it does provide a tangible asset without counterparty risk.

What should I look out for when buying gold?

When buying physical gold, pay attention to the current gold price and the difference between the buying and selling price (spread). Check whether the provider has an AFM license and choose gold with a purity of at least 99.9% (24 karat) for investment purposes. Whether this is a sensible choice depends on your risk profile and investment horizon.

Where can I buy gold at the best price?

Buying gold at the 'best price' in practice often means looking for a low spread: the difference between the gold price and the price you pay. Large specialized dealers are almost always cheaper than jewelers or banks because they work with smaller margins.

Is buying gold suitable as protection against inflation?

Gold is often regarded as an effective hedge against inflation, as its value has risen by around 8% per year on average over a 50-year period. During periods with inflation above 3%, such as those seen since 2021, physical gold generally preserves its purchasing power better than cash.

Is it possible to buy gold without VAT and how is it taxed?

In the United States, sales tax rules on gold vary by state. Many states exempt investment-grade gold bullion from sales tax, while others may apply sales tax depending on the type of product or the transaction value. When selling gold, profits may be subject to federal capital gains tax. Physical gold is generally treated as a collectible for tax purposes, meaning gains may be taxed at a maximum federal rate of up to 28%, depending on your income and holding period. State taxes may also apply depending on where you live. Because tax treatment can vary based on individual circumstances, it is advisable to seek independent tax advice if you are unsure about your personal tax situation.

Is it safer to buy physical gold or gold-related shares?

Physical gold is safer against systemic risks because you are the legal owner and do not run counterparty risk. With gold mining shares or gold ETFs, you do run that risk. With physical gold, you should take into account the risks associated with storing it at home. However, many physical gold dealers offer secure storage in a vault managed by a third party.

Is tax due when selling gold?

In the United States, profits from selling physical gold are generally subject to federal capital gains tax. Gold is typically treated as a collectible, meaning long-term gains may be taxed at a maximum rate of up to 28%, depending on your income and how long you held the gold. State taxes may also apply depending on where you live. Because tax rules can vary based on individual circumstances, it is advisable to seek independent tax advice.

Can I also sell small quantities of gold?

Yes. At GoldRepublic you can sell gold from as little as 1 gram, because through our platform you can own fractions of larger bars. When selling these small quantities, you pay a standard 1% transaction fee, regardless of the size of your order.

What is the best price for selling gold?

The best price for your gold is linked to the current gold price. For gold bars from recognized producers, specialist dealers usually offer the highest bid, typically between 98% and 100% of that price. The purchase price for gold jewelry is lower.

What determines the selling price of gold?

The selling price is determined primarily by the global spot price. Dealers add a margin to cover costs and profit. In addition, the purity (carat) and the current exchange rate between the euro and the dollar influence the final selling price you receive per gram.

How is the gold price determined?

The gold price is fixed twice a day through the LBMA Gold Price, an electronic auction in London where major banks match supply and demand. Important factors influencing the price are real interest rates, geopolitical tensions and the value of the US dollar.

What is the difference between the buy and sell price when selling gold?

The difference between the buy and sell price is called the spread and for gold bars it is often between 1% and 2%. This is lower than for gold coins because production costs per gram are lower.

Which factors influence the gold price?

The gold price is determined by a combination of real interest rates, the value of the US dollar and geopolitical tensions. In addition, record demand from central banks provides structural support for the price.

How quickly will I receive money after selling gold?

After you sell your gold at GoldRepublic, the proceeds appear immediately in your online account. When you then withdraw that balance to your linked bank account, processing usually takes one to two business days. In practice, users often report that the amount arrives the next business day, provided the withdrawal request is submitted before the end of the working day.

How do I read a gold price chart?

A gold chart shows price development per troy ounce (31.1 grams) or per kilogram in dollars or euros. Pay attention to the bid price and the ask price; the difference between them is called the spread.

Is the gold price the same everywhere?

In theory, the global spot price of gold is the same everywhere, but the physical selling price varies by provider.

How often does the gold price change?

The gold price changes continuously and is updated live every 15 seconds during trading days.

Will the gold price rise further?

Various analysts expect the gold price to rise further due to continued demand from central banks and possible interest-rate cuts.

Will the gold price fall again?

Although the gold price keeps breaking records, there are also scenarios in which the gold price could fall.

Is it wise to sell gold now or should I wait?

Now that the gold price has been at historic highs for months, it may feel like a good moment to sell your gold. However, various analysts suggest that the gold price may rise further. Your decision depends on whether you need liquidity now or believe in further upside due to ongoing geopolitical uncertainty.

Is the current gold price favorable for buying?

The current gold price is historically high, but it may still be attractive for those expecting further gains. Whether this is a good entry point depends on your time horizon and your confidence in these forecasts.

What is the minimum amount for saving in gold?

At GoldRepublic, saving in gold is possible from $50 per purchase or from 1 gram.

How does gold saving work?

Gold saving means buying physical gold periodically, for example once a week, once every two weeks or once a month.

How do I benefit from dollar-cost averaging when saving in gold?

Dollar-cost averaging means that you buy gold periodically regardless of the current price.

Can I combine the Gold Savings Plan with one-off purchases?

Yes. In addition to your savings plan, you can also make one-off purchases of gold, silver or platinum.

Can I stop my gold savings plan early?

Yes. You can stop, pause or change your gold savings plan at any time free of charge.

Where is my saved gold stored?

Your saved gold is stored in highly secured, insured vaults with independent custodians.

How do I declare saved gold in my tax return?

Saved gold is treated as wealth in box 3 in the Netherlands.

Can I sell my saved gold at any time?

Yes. You can sell your saved gold at any time through the GoldRepublic website or app.

Can I sell back gold that was purchased elsewhere?

No. At GoldRepublic, you can only sell gold that you also purchased through GoldRepublic and stored in the vaults we recommend. For gold that you physically hold yourself or bought from another party, you need to contact specialist buyers. These parties usually buy gold at a percentage of the current spot price, depending on the type of gold.

What is the influence of central banks on the gold price?

Central banks are key price setters because they represent roughly 20% to 25% of global gold demand.

Want to create wealth by investing in gold?

Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic