Investor interest in gold bullion in recent years has skyrocketed in response to the financial crisis and economic crash of 2008. Ever since Roel Santos Cuba Jersey , the economy has sputtered. After some were burnt in stocks, many investors have turned to precious metals and bonds as safe havens. Foreign currencies like the Swiss franc and Australian dollar have also proved popular. Gold has enjoyed a record run, reaching new nominal highs. Investors seeking to purchase gold bullion have the option of buying coins or bars. Unfortunately, several barriers to entry sometimes prevent investors from gaining access to the most competitive prices.


BullionVault enables investors all over the world to gain access to the professional gold and silver bullion markets. The company began as an idea in 2002 Victor Mesa Cuba Jersey , when the current bull market in gold was just beginning. In that year, investors who wanted to buy gold sometimes had to wait 10 weeks to organize a sale. Barriers to private investor participation were quite high. Three years of development and planning led to the formal launch of BullionVault in 2005. The business traded profitably in its first year, reflecting the astonishing growth of popularity of the new company. April 2007 saw $70 million worth of investors’ gold stored in facilities operated by Bullion Vault. They currently look after over $1 billion of bullion for more than 25,000 clients.


The performance of BullionVault has been so positive it received a prestigious award in 2009. The Queen’s Award for Enterprise: Innovation was awarded to the company in recognition of their success in enabling private investors to access the professional gold market. The Queen’s Awards are the most prestigious awards for business success in the United Kingdom. Established in 1966 Alfredo Despaigne Cuba Jersey , four categories in the Awards now exist: Innovation, International Trade, Sustainable Development and Enterprise Promotion.


Bullionvault works by allowing investors to buy gold and silver online and the company will hold it in secured vaults in New York, London or Zurich. There is no minimum investment requirement Yoelkis Cespedes Cuba Jersey , and gold can be traded in amounts as little as one gram. The beauty of this approach is the fact that buyers and sellers can trust the purity of the gold they receive. Stored in secured vaults, owners cannot tamper with their bullion. BullionVault does allow withdrawals from the vaults and delivery to be made, but the price is additional fees, taxes and reporting requirements.