Cost of Bullion Bars

We believe we offer the cheapest gold bullion price in the world for the best quality in the world and this section helps our customers to calculate the purchase price of our bullion bars including refining and transportation costs. When you engage our free consultation services to buy bullion bars through gold and silver bullion sales .com, you can purchase with full confidence and receive a FREE silver coin just for quoting our AA number 1044 each time you place an order.

COST OF BULLION BARS – Calculation examples only :

The costs include the spot price of bullion at time of order plus a refining premium of $4 per oz for Gold and 30 cents per oz for Silver. If clients elect to have their bars vaulted, the vault costs below apply additionally.  Clients pay for purchase of bars from the refinery and for the transport of bars to the vault at Dan El's cost only. This allows Dan El's Client to enter the gold and silver market on an equal footing with the big players in the International Bullion Market, and certainly at prices not available to the public.

 

How do you calculate the cost of Bullion purchases ?

 

EXAMPLE 1

For the purchase of a Silver Certificate 1,000 troy ounce (31 kg) bar

Multiply USD silver spot price per oz x 1000

Add Refinery baring fee (30 cents per ounce) = USD300.00

Add Transport to vault (15 cents per ounce) = USD150.00

 

CALCULATION :

Lets assume SILVER spot price per oz = $25.00

$25.00 USD x 1000 = $25,000 + $300 + $150 = $25,450 total

Therefore 1000 troy ounce bar = $25,450 USD

 

EXAMPLE 2

For the purchase of a Gold Certificate 1 Kilogram bar

Multiply USD gold spot price per oz x 32.148

[note : 1 kilogram is equal to 32.148 troy ounze. ]

Add Refinery baring fee ($4 per ounce) = USD 128.60

Add Transport to vault (15 cents per ounce) = USD 4.82

 

CALCULATION :

Lets assume GOLD spot price per oz = $1500

$1500 USD x 32.148 = $48,222 + $128.60 + $4.82 = $48,355.42 total

Therefore 1 Kilo gold bar = $48,355 USD

 

EXAMPLE 3

For the purchase of a Gold Certificate 400 troy ounce (12.5 kg) bar

Multiply USD gold spot price per oz x 400

Add Refinery baring fee ($4 per ounce) = USD 1600.00

Add Transport to vault (15 cents per ounce) = USD 60.00

 

CALCULATION :

Lets assume gold spot price per oz = $1500

$1500 USD x 400 = $600,000 + (4x400) + (.15x400)

= $600,000 + ($1600) + ($60)

= $601,660 total

Therefore a 400 troy ounce bar = $601,660 USD

COSTS IF STORING IN Dan'EL VAULTS:

The bars underpinning Dan El's Gold & Silver Certificates, are at all times either vaulted in the respective LBMA Refinery, in vault to vault transit, or stored in Dan El's private vault facilities located in Central Europe and Asia.  Dan El has taken great care in selecting extremely stable jurisdictions for their bullion storage.  Short of a force majeure, Dan El believes its vaulting facilities are among the best the world has to offer.

All gold bars for the Dan El Certificate System are hand selected to ensure that each bar weighs a minimum of 400 troy ounces or 1 kilo respectively.  When purchasing either the Dan El 400 troy ounce or 1 kilogram Gold Certificate, a Client purchases exactly 400 troy ounces or 1 kilogram of gold respectively.  Any bar weight surplus over and above the 400 troy ounce or 1 kilogram, serve as a vaulted reserve.  This guarantees that the vaulted gold, against Certificates issued, is always over and above Clients Gold Certificate claims.

If vaulted, the costs are a vault transportation fee fixed at 15 cents per oz and vault storage charges of 0.009 X ounces stored. Clients pay for the transport of bars to the vault at Dan El's cost only. This allows Dan El's Client to enter the gold and silver market on an equal footing with the big players in the International Bullion Market, and certainly at prices not available to the public.

Dan El & Co'S annual storage fee is calculated at: ounces stored x .009. This is the only fee Dan El apply for its services in the purchase, storage, accounting, certificate issuance, certificate transfer or redemption, and the administration of clients bullion holdings. This fee is paid in bullion from the clients vaulted holdings and no additional payment is required.  Alternatively, a Client can elect to pay Dan El's storage fee by other arrangement.  The anniversary date for such fee is calculated as being the first day of the next month, one year after a Client’s bullion holdings were acquired.

The management fee for the first year or part thereof, is deducted from a Client’s bullion holdings upon bailment of the bullion into the vaults, and is transferred to the Dan El account within the same storage vault.  For subsequent years this fee is calculated on a month by month basis or part there-of, at the rate of: ounces stored x .00075 per month. This is transferred to Dan El’s bullion account within the same vault, on the first of each month.

OTHER COSTS:

Re-issue of stolen, confiscated, lost or destroyed Certificate  =  CHF150



how to order

See how to fill out the Bullion Client Registrar form