OneGold is the result of the knowledge, experience, and resources of two globally recognized partners APMEX and Sprott. They are working to make OneGold the precious metals buying experience of the future, where customers get the features and benefits of both physical and digital products in an easy-to-use, efficient and secure online marketplace. Together, APMEX and Sprott are committed to building OneGold into the best experience for anyone who wants to own precious metals.
How you make money
OneGold offers four types of products, U.S. Products, Switzerland Products U.K Products, and Canadian Products. All of these products consist of physical investment grade retail products. Switzerland, Canadian, UK, and U.S. Products represent fractional ownership in London good delivery bars or pooled positions. These bars or positions are purchased directly through wholesalers and often do not carry the premiums associated with smaller, retail products.
All products purchased through OneGold are physically backed on a 1:1 basis and are typically purchased in large quantities. Through OneGold, you can earn a return through the appreciation over time of your gold, silver, or platinum.
How OneGold makes money
When selling a product, you will be charged a transaction fee based on the total value of your sale multiplied by 30 basis points (0.30%).
Is it safe?
The supply and demand for gold and silver will constantly rise and fall (as will prices). But, you can’t quickly print out precious metals or change the terms of how much they are worth. What you own is what you own, and precious metals have been a form of currency for thousands of years. So, you know your coins will always be worth something.
When you fund your account and when you sell off your digital assets, the cash balance on your OneGold account is held at Wells Fargo Bank in an FDIC insured account.