Selling gold via GoldRepublic

Do you currently have gold that you purchased via GoldRepublic and that is stored securely in our independent vaults? Then you can sell your gold back to GoldRepublic at any time.

Perhaps because you want to take advantage of a favorable gold price, because you want to free up capital for a new investment, or because you simply need liquidity for another purpose. Whatever your reason, at GoldRepublic you benefit from a buyback guarantee on gold, silver, or platinum purchased through us.

Buyback guarantee on gold purchased through GoldRepublic

Sell your gold at the current international gold price

No hidden costs

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Selling gold through GoldRepublic: how does it work?

At GoldRepublic, you benefit from a buyback guarantee. This means that you can always sell the gold you have purchased from us back to us at the current gold market price. The process is simple:

Step 01

Step 02

Select the amount of gold you want to sell.

Step 03

Confirm the sale at the current price.

Stap 04

After the transaction, you can deposit the amount into your account.

Different types of sell orders.

When you sell gold through GoldRepublic, you have the option of setting up different types of sell orders.

Market order:
‍With a market order, you sell your gold immediately at the current market price. The transaction is executed immediately at the best available price at that moment. This is the fastest and most direct way to sell your gold.

Limit order: ‍With a limit order, you determine the minimum price at which you want to sell. The order will only be executed once the gold price reaches or exceeds the limit you have entered. This allows you to retain control over the selling price, although it may mean that the order will not be executed immediately if the market price has not yet reached your limit.
Amount-based order:
‍You can also set up a sell order for a specific amount of money. The platform will then automatically calculate how much gold needs to be sold at that moment to achieve the desired amount, based on the current gold price.
Order based on bar volume:
‍You can also place an order based on a specific volume of gold, for example a number of grams, ounces, or specific gold bars. This is particularly useful if you want to sell a specific part of your gold position, regardless of the final proceeds.

Costs of selling gold

Are you selling your gold back to GoldRepublic? You will receive the current bid price for gold. This is slightly below the market price and there is also a 1% transaction fee.

What people say about us.

The margin is the difference between the price at which a trader buys gold (purchase price) and the price at which it is sold (selling price).

In addition, the gold price can fluctuate between the time of purchase and resale, which means we also build in a price risk.

Have you purchased silver and/or platinum through GoldRepublic in addition to gold? The buy-back guarantee also applies to sale of silver and sale of platinum, provided that you purchased the precious metals through GoldRepublic.
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How is the selling price of gold determined?

The selling price of gold is based on the current gold price on the international markets. This price fluctuates continuously, depending on supply and demand. GoldRepublic uses transparent pricing, so you always receive a fair price for your gold.

There is a difference between the purchase and selling price of gold. This is also known as the ‘spread’ and is caused by margin and exchange rate risk.

Frequently asked questions

What is the difference between platinum and palladium?

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.

How scarce is platinum?

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.

How does the buy-back guarantee work for platinum?

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.

Is platinum exempt from VAT?

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.