With GoldRepublic's savings plan, you can save in physical silver easily and in a diversified manner. 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.
Simply set an amount that will be automatically debited from your bank account. This amount will be converted periodically (every week, every two weeks, or every month) into the amount of silver you can buy at the ccurrent 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 unfavorable time.
You can always view your accumulated amount of silver via your GoldRepublic account, where you can also easily adjust, pause, or stop your periodic contributions whenever you want.
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 moments:
By buying periodically, you avoid having the entire purchase price determined by a single moment. 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.
The handling costs for silver are $12 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.
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.
Both are precious metals from the Platinum Group Metals (PGM) and are used for automotive and industrial catalysts. Platinum has a higher density, is rare and has a wider range of applications, including jewellery and medical instruments. Palladium is subject to greater price volatility due to more erratic global production.
Approximately 180 tonnes of platinum are mined worldwide each year, compared to over 3,500 tonnes of gold and 25,000 tonnes of silver. Platinum reserves are highly concentrated in South Africa and Russia, which creates supply risks.
You can easily sell your platinum back to GoldRepublic via your account at the current platinum price. The settlement is fast, transparent and without hidden costs.
Normally, you pay 21% VAT on the purchase of platinum. However, because your platinum is stored in Switzerland via GoldRepublic, you do not pay VAT on your platinum purchase.
Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic
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