Save in Physical Silver Automatically

With GoldRepublic's savings plan, you can save in physical silver easily and in instalments. You decide the frequency (weekly, fortnightly or monthly) and how much you want to contribute, starting from just £50 per contribution. We automatically purchase silver on your behalf at the current silver price on a regular basis. This allows you to build up a valuable silver reserve step by step, without having to actively trade yourself.

Automatic saving in physical silver, without any hassle

Choose from 3 frequencies: weekly, fortnightly or monthly

Start saving from as little as £50 per transaction

50% discount on transaction fees when buying

Securely stored in independent, well-protected vaults in Switzerland

Complete transparency and insight via your personal GoldRepublic account

Open an account

How does the GoldRepublic silver savings plan work?

Simply set an amount that will be automatically debited from your bank account. This amount will be converted periodically (every week, fortnight or month) into the amount of silver you can buy at the current silver price.

By buying silver periodically, you spread your purchases over time, also known as dollar cost averaging (DCA). Sometimes you buy silver when the price is high, other times when the price is lower. This reduces the risk of purchasing a large amount of silver at an unfavourable moment.

You can always view your accumulated amount of silver via your GoldRepublic account, where you can also easily adjust, pause or stop your periodic deposits whenever you want.

Why save silver?

Long-term stable investment:
‍Like gold, silver has been known for centuries as a stable and valuable investment, even in times of economic uncertainty. It retains its purchasing power over long periods of time.

‍Spread out purchase times:
‍By buying periodically, you avoid having the entire purchase price determined by a single moment in time. This brings more peace of mind to your savings strategy.

‍Accessible investment in silver:
‍With a starting amount of £50 per transaction, investing in silver is accessible, even if you prefer not to invest a large amount at once.

‍Consistent accumulation:
‍By saving silver and automatically depositing an amount every week, every two weeks or every month, you build up assets in physical silver without having to actively do anything.

Flexibility:
Your periodic contributions and frequency can be adjusted flexibly, and you can sell your silver at any time via our platform.In addition to saving silver, you can also save other precious metals at GoldRepublic. For example, expand your portfolio by saving gold or saving platinum.

What people say about us.

The handling costs for silver are £8 per kilo. You pay 1% transaction costs on the sale of your silver. This transparent cost structure ensures that you can save silver in a cost-effective and clear manner. Would you like to know more about GoldRepublic's rates? View our cost overview here.

Costs of saving silver

With the savings plan, you only pay 0.5% transaction costs on your periodic purchases of silver, which is half the standard purchase costs (1%). In addition, storage costs of 1% per year (excluding VAT) apply to your silver position.

Frequently asked questions

Is buying gold a wise choice?

Buying gold can be a wise choice, especially in times of economic uncertainty or inflation. Historically, gold has retained its value well and offers protection against declining currency purchasing power. In addition, physical gold is a tangible asset that you can keep outside the financial system...

What should I look out for when buying physical gold?

At GoldRepublic, you can buy whole gold bars or become a co-owner of a bar. If you become a co-owner, you pay NO bar reservation fees and you may be allocated anew bar every day. Legally, this makes no difference. You are still the(co-)owner of physical gold. The gold is delivered to you. You still know which bar you own (based on the bar number). Only in the event that, due to extreme circumstances, GoldRepublic is no longer able to provide its services, will you have to agree with the co-owners on what to do with the bar (sell or melt it down). If you reserve your own bar, this is not the case.

Are gold bars exempt from VAT?

Yes, investment gold is exempt from VAT in the United Kingdom and throughout the European Union. This exemption applies to gold bars with a purity of at least99.5% (24 carats). All gold bars you purchase through GoldRepublic must meet these conditions and are therefore exempt from VAT.

Do I have to declare gold as an asset to the tax authorities?

In the Netherlands, you must declare physical gold that you own as assets in box 3 of your tax return. The reference date used for this is 1 January of the tax year for which you are filing your return. This means you declare the value of your gold on 1 January, based on the gold price on that day. However, always check with your tax adviser to see what applies to your personal situation.