Gold Bullion International (GBI), is a precious metals provider with a focus on institutionalizing the process of purchasing and storing physical precious metals through its world class technology and operations platform. Its mission is to provide investment firms, financial advisors and clients with the safest and most comprehensive physical precious metals offering by coordinating the world’s premier precious metal sources and storage facilities into a single solution.

GBI’s proprietary platform currently powers the precious metals capabilities of some of the world’s most renowned institutions, bringing clients the best-in-class physical precious metals offering with true unencumbered ownership.

Through GBI’s offering, clients have access to an all-encompassing turn-key solution for precious metals investing. Since GBI acts on an agency basis and bids out each order to a network of institutional dealers and refiners, clients have the ability to take advantage of any pricing inefficiencies in the market (not just a single dealer’s bid/ask) and can take comfort in knowing that their metals are stored in the world’s most secure vaults with insurance for full replacement. All of this is done through a simple electronic order.

GBI offers a wide selection of gold, silver, platinum and palladium bars and coins that are widely liquid through its global network of institutional dealers and refiners. All bullion purchased through GBI are manufactured by refiners recognized by the LBMA for their production of good delivery bars and all coins are produced by sovereign mints.

Precious metals purchased through GBI are manufactured by refiners located around the world and recognized by the LBMA for their production of good delivery bars. Through GBI’s proprietary network of institutional dealers and refiners, clients are ensured that they are getting the most competitive prices in the marketplace.

No, advisors do not need a special license to utilize GBI’s offering.

The LBMA (London Bullion Market Association) is an international trade association that represents the London market for gold and silver bullion. Its primary function is to maintain and publish the “Good Delivery List”, establish and enforce refining standards, trading documentation and the development of good trading practices. The current membership of the LBMA includes more than 140 companies including refiners, fabricators and traders, as well as those providing storage and secure carrier services. The LBMA represents these members, and through their maintenance and publication of the Good Delivery List, it sets the benchmark for gold and silver metal bars across the world.

There are a number of ways investors can gain exposure to gold – the most prominent options are physical bars and coins, ETFs, and mining stocks. To determine the most appropriate vehicle for your client, it will depend on their goals, investment size, and time horizon.

Physical bars and coins are predominantly utilized by long term investors looking for a long term allocation. Since physical gold holds no counterparty risk, it is the only way to truly make the investment “no one else’s liability”. This characteristic is often very important for those who turn to gold as “portfolio insurance” or a hedge against unforeseeable future events.

Those looking to actively trade the price of gold often turn to ETFs. Given the wider spreads in the physical market (tangible metals require shipping and manufacturing), ETFs may present a good way for investors to gain exposure to the price of gold. It is important to note that the ETFs were initially intended to be a trading vehicle and physical delivery cannot be taken.

Mining Company stock is a third way that investors can gain exposure to gold. Although mining stocks may give you some exposure to the gold price, there is additional company specific risk which may not be correlated to the pure price of gold. (e.g. management decisions, rising costs, hedging, and local government actions).

Absolutely. GBI is here to assist you and your firm at all times. There is a team of Precious Metals experts which can be reached at (855) 424-3375 or by email at GBI@bullioninternational.com.

Price discovery in the gold market is often confusing for many investors because “Spot”, or “paper gold”, (often what is heard in the news as the price of gold) can be very different than the price one might find in a jewelry store. “Spot” is a price used in the futures market and is the basis for investors to view gold. While the end price for the physical metal is greatly determined by the spot price, the spot price does not account for manufacturing the bar or the coin or transportation which may add an additional layer of cost.

Each product will have its own premium above the spot rate. As a rule of thumb, bars will be cheaper than coins. The larger the size of the bar, the cheaper the cost will be on a per ounce basis. Coins often sell for a premium as they require an additional middleman (e.g. government), who charges a fee for minting. To check the most recent prices for each product, please see our live pricing screen on the GBIA Platform.

Through its agency model, GBI ensures best execution by leveraging its network of institutional dealers and refiners for all client trades. Through a competitive bidding model for each order, the client has greater transparency and knows that they are getting the best available fill.

GBI executes trades intra-day on both the buy and sell side.

Trading is open 9:30am to 6pm EST.

Precious metal trades settle T+2.

Depending on the method of funding, the funds may be subject to a holding period. Wire transfers will be available once the bank clears the wire, while checks require a 7 day holding period prior to trading.

No, there are no order minimums.

Since 2011, our average order size is about $75,000. Throughout our tenure, we have executed single transactions ranging from $15 to $75,000,000.

Allocated means the precious metal is held in the vault specifically on behalf of each client. GBI stores precious metals on an “allocated” basis. There is no “partial” or “fractional” ownership of any bar or coin that is in storage on behalf of our clients.

Precious metals are stored on behalf of clients in protected and insured vaults in New York, Salt Lake City, Zurich, London, Singapore, Australia, and Toronto. GBI has partnered with institutional, non-bank vaulting providers to offer its clients the best in precious metals security and transparency. Currently, GBI utilizes Brink’s Global Services, Loomis (formerly Via Mat), and Malca Amit for vaulting. All positions are insured for full-replacement value through Lloyd’s of London.

Yes, clients can choose where they would like to have their material vaulted. This is done at the time of purchase. Our most popular vaulting choice is New York, but many investors have selected Salt Lake City or one of five vaults located outside of the United States. Singapore has been our fastest growing option for investors choosing to vault overseas.

Precious metal holdings are reconciled on a daily basis by our approved vaulting partners. Inventory reports containing bar lists are sent to GBI by our vaulting partners for all individual holdings and are reported to clients daily. Additionally, Inspectorate, an independent 3rd party auditing firm, physically audits all of our client’s precious metal holdings at least annually.

GBI has gone through extensive measures to ensure that metals stored for its clients are free of counterparty risk. All metal in GBI’s program is held on a whole bar allocated basis. This means that each bar or coin is wholly owned by ONE client. GBI does not keep any assets on its own balance sheet and therefore cannot use the client assets for other purposes. Additionally, GBI’s storage partners are non-banking vaulting providers that have no reason or ability to use the holdings for other purposes. If there was ever a run on our vaults, all of our clients would be made whole.

No. Clients can purchase and hold precious metals in their current (US-based) account and have them stored overseas.

No, there are no order minimums.

Since 2011, our average order size is about $75,000. Throughout our tenure, we have executed single transactions ranging from $15 to $75,000,000.

Precious metals deliveries under $250,000 will be shipped via fully-insured UPS. If the amount is above $250,000, we will schedule an armored courier to deliver the metals (armored couriers can only deliver to a commercial location).

If you have questions regarding the delivery process or to schedule an armored courier, please contact you GBI Senior Relationship Representative or call 877-424-8507.

Yes, clients may transfer existing metal into GBI, subject to a review of the product for its authenticity. Please note that GBI reviews all transfer in opportunities on a case by case basis. GBI’s professionals are highly trained on the transfer in procedures and make the entire process very simple and easy. Please contact your GBI Senior Relationship Representative or call 877-424-9507 to see if your opportunity will be eligible.

Physical precious metals holdings and valuations appear directly on the GBI platform. Monthly statements may be sent out to clients to show current holdings and valuations. Additionally, precious metals holdings can be recognized by various reporting software applications for the most seamless client experience.

Currently, positions can be supported by:

• Advent
• Morningstar BuyAllAccounts
• Envestnet