Bullion Storage
Why Store with ABC Bullion?
ABC Bullion provides storage services for thousands of clients that invest in precious metals. Our storage offering is centred around four key pillars, offering our clients:
1. Simplicity
2. Security
3. Savings
4. Service
Here's What You Can Expect as a Storage Client of ABC Bullion:
24/7 Market Access
You can buy or sell precious metals at anytime, anywhere, via your online account.Real-Time Portfolio Insights
Instantly view the value of your precious metal holdings anytime with live portfolio valuations.Cost Savings
ABC Bullion storage clients enjoy preferential trade rates on a wide range of products including cast bars, minted tablets and coins.Higher Trading Limits
ABC Bullion storage clients enjoy a $250,000 per transaction online trading limit.Complimentary Quarterly Statements including EOFY
Receive metal account valuations and assurance reports every quarter, including a full end-of-financial-year summary— at no extra cost.Fully Insured for Peace of Mind
Your metals are insured at full replacement value, with coverage underwritten by Lloyd's of London.Secure, Purpose-Built Vaulting
Your precious metal is stored in high-security, custom-designed facilities, monitored 24/7 by both internal and external security systems.Exclusive Member Privileges
Enjoy priority access to special ABC Bullion events and exclusive product launches.Save More with Bulk Discounts
Investing more? Benefit from discounted pricing on large-volume purchases.Backed by Industry Leaders
ABC Bullion is 100% owned by the Pallion Group—Australasia’s largest fully integrated precious metals services group.Transparent & Fully Audited
Our financials are independently audited to give you complete confidence in our operations.Nationwide Access & Free Collection
With locations across Australia, you are welcome to collect your stored precious metal in person at any time—free of charge.
ABC Bullion Offers Four Storage Offerings to Clients
Pool Allocated Product Storage
ABC Pool Allocated Product is the perfect choice for new precious metal investors and regular traders.
Rather than buying a specific physical bar, investors buy a ‘share’ in a pool of gold, silver, platinum or palladium, managed by ABC Bullion and backed by externally audited metal positions held by ABC Bullion and its related bodies corporate.
You can store Pool Allocated for free – it has no storage fees. Investors can withdraw metal at any time by turning their pool holding into a coin or bar, and paying a small barring premium.
Secure Product Storage
Secure storage is available for the following products:
All ABC Bullion Gold Cast Bars
All ABC Bullion Silver Cast Bars
All ABC Bullion Minted Gold Tablets
Select Gold and Silver Coins including:
1oz ABC Bullion Eureka Silver Coins
The Southern Cross range of gold and silver coins produced by ABC Mint
1oz Gold and Silver Maple Coins
1oz Gold and Silver Kangaroo Coins
1oz Gold and Silver Britannia Coins
1oz Silver Kruggerand Coins
When you purchase items for secure storage, ABC Bullion will store these, alongside other products purchased by clients using secure storage.
If you withdraw your products from secure storage, you will receive exactly the same size, brand, quantity and type of bullion product that you stored. We require up to 10 business days’ notice to retrieve your precious metal from secure storage.
Premium Product Storage
Premium storage is available for the following products:
1kg ABC Bullion Gold Cast Bar
15 x 1kg ABC Bullion Silver Cast Bar boxes
These bars are stamped with a unique serial number and are allocated specifically to you when purchased and transferred into premium storage.
If you withdraw yourbar(s) you will receive the exact same serialised bar you purchased and placed into premium storage.
We require up to 10 business days’ notice to retrieve your bullion from storage.
Safety Deposit Box Storage
Clients of ABC Bullion can store their bullion (and other valuables) in their own private safety deposit box through ABC Bullion’s sister company, Custodian Vaults.
Custodian Vaults is a purpose-built facility featuring cutting edge technology and 24-hour security monitoring. Custodian Vaults is located at:
Custodian Vaults Sydney, 74 Castlereagh Street Sydney NSW 2000.
Custodian Vaults Perth, Basement 50 Georges Terrace Perth WA 6000.
To secure your very own private safety deposit box at Custodian Vaults please call (02) 9011 7355 or book an appointment online.
Storage Fees
The below tables highlight the annual percentage-based fees that ABC Bullion charge for secure or premium storage services.
Clients who store ABC Bullion products only:
Metal
Secure Storage
Premium Storage
Gold
0.60%
0.75%
Silver
1.25%
1.50%
Platinum
0.60%
0.75%
Palladium
0.60%
0.75%
ABC Bullion products include our cast bars as well as minted tablets and bullion coins produced by ABC Mint.
Clients who store third party bullion products
Metal
Secure Storage
Premium Storage
Gold
1.25%
1.50%
Silver
2.00%
2.50%
Platinum
1.25%
1.50%
Palladium
1.25%
1.50%
Third party products include cast bars, coins and minted tablets produced by manufacturers including PAMP, the Royal Canadian Mint and The Royal Mint.
Storage fees charged are based on the weight of metal held across the quarter and are billed quarterly to help spread the cost.
Example of Storage Fee Calculation
If you owned $100,000 of ABC Bullion gold cast bars (which attracts a storage fee of 0.60% per annum), you would be charged $150 each quarter, which equates to $600 for the year.
It is important to be aware, that storage fees charged in any given quarter are influenced by precious metal price fluctuations and the value of your bullion stored with ABC Bullion.
Frequently Asked Questions on ABC Bullion Storage
Is it safe to store with ABC Bullion?
Yes. Absolutely.
ABC Bullion fully insures the metal it holds in storage for clients. The metal is also primarily held in a purpose-built storage facility, monitored 24/7 by both internal and external security specialists.
ABC Bullion has been trading since 1972. We are proud to hold full London Bullion Market Association (LBMA) membership, and are a wholly owned subsidiary of Pallion Group, Australia’s largest vertically integrated precious metals enterprise.
ABC Bullion stores metal for thousands of clients in pool allocated, gold saver, secure and premium storage.
If you wish to store your metal in your own private safety deposit box, we can introduce you to our sister company Custodian Vaults who provide private vaulting services purpose built to store bullion, as well as other valuables.
Is it cheaper to store ABC Bullion products?
Yes. Clients that store only ABC Bullion products enjoy significant storage cost savings.
ABC Bullion products are proudly manufactured by our sister company ABC Refinery. Located in Sydney. ABC Refinery is Australia’s only independent refinery accredited by the London Bullion Market Association (LBMA), Shanghai Gold Exchange (SGE) and Chicago Mercantile Exchange (CME) – a testament to the quality and global recognition of our products.
With annual production capacity exceeding 100 tonnes of gold and 250 tonnes of silver, ABC Refinery manufactures the full range of ABC Bullion cast bars, minted bars and coins.
The scale of ABC Refinery’s manufacturing capabilities, coupled with the logistical advantages, that come from working with our sister company, provides us the opportunity to offer competitive pricing on both the trading and storage of ABC Bullion products, especially compared to third-party suppliers—many of which are imported and carry higher handling costs.
Today, more than 80% of the precious metals stored by our clients are ABC Bullion products, a reflection of their quality, their value and trust in the ABC Bullion brand.
Is there a minimum fee to store with ABC Bullion?
Yes. The minimum fee is $25 per quarter. This fee covers the administration and audit costs and importantly, the insurance and security costs for running our purpose-built bullion storage facilities.
Do ABC Bullion offer VIP or Special Rates for Storage?
Yes. ABC Bullion offer reduced storage rates for clients who store above thresholds of ABC Bullion gold, silver, platinum and palladium.
The current thresholds for clients to benefit from VIP rates* are:
Metal
Threshold Weight
Fees
Gold
5kg or more
0.49% fee per annum
Platinum
10kg or more
0.49% fee per annum
Palladium
10kg or more
0.49% fee per annum
Silver
300kg or more
0.99% fee per annum
*VIP rates apply at an account level. Clients need only store the threshold weight for one precious metal for the VIP rates to apply to all metals in storage. This means that if you have 5kg of gold, 1kg of Platinum, and 150kg of silver in storage with ABC Bullion, you'll be charged the above discounted VIP rates on all three metals.
Storage thresholds are reviewed annually and may change. VIP discounted rates apply exclusively to clients storing only ABC Bullion products. Clients storing items from other manufacturers are not eligible for VIP rates.
Can I collect metals that are in ABC Bullion Storage?
Yes. You are welcome to collect your stored metals from our Global Flagship store at 38 Martin Place, Sydney and any of our offices in Melbourne, Perth and Brisbane.
Please contact the ABC Bullion sales and client service team on 1300 361 261, and they will arrange to deliver your metal to the store location of your choice. Please be aware, that all outstanding fees, including storage fees, must be paid prior to the collection of any metal.
Is there a minimum investment for Secure or Premium Storage?
For secure storage, there is no minimum investment in terms of the weight of gold, silver, platinum or palladium that you can store in ABC Bullion’s secure storage facility.
For premium storage, the minimum weight that can be stored is 1 kilo for gold, platinum and palladium, and 15 kilos for silver.
Can I have metals in storage delivered to me?
Yes of course.
ABC Bullion works with preferred logistic providers to deliver metal to you Australia wide. If you prefer to have your metal held in storage delivered to you, please contact the ABC Bullion service team on 1300 361 261. You can also find out more information about delivery fees here.
Can I store products I didn’t buy through ABC Bullion with ABC Bullion?
Yes. In certain circumstances, ABC Bullion can accept products into storage even if they were not purchased from ABC Bullion. However, ABC Bullion will typically only accept products manufactured by either an LBMA accredited manufacturer or a sovereign mint.
Please call the ABC Bullion services team on 1300 361 261 to assist if you have bullion you wish to store with ABC Bullion.
How are ABC Bullion Storage fees calculated?
ABC Bullion storage fees are calculated with reference to the daily weight of gold, silver, platinum or palladium you have in secure or premium storage, and the spot price for each metal at the end of each quarter.
Storage fees are charged quarterly (i.e. every 3 months), in arrears, so that you can spread the cost out over the course of the calendar year.
What happens if I collect or sell my precious metals in the middle of a quarter?
ABC Bullion applies pro-rata storage fees to cover the exact number of days your metal is held during a given quarter. For example, if you sell your metal on 15 January, you will only be charged storage fees for those 15 days, as that is the portion of the quarter your metal was stored.
What happens if I do not pay my storage fees for ABC Bullion storing my metal?
If you have multiple unpaid storage fees, ABC Bullion reserves the right to convert the precious metals we have placed into secure or premium storage at your request, into an equivalent weight in pool allocated gold, silver, platinum or palladium.
Pool allocated metal retains exactly the same price exposure to precious metals.
ABC Bullion will attempt to contact you (either via phone and/or email) to encourage you to pay outstanding storage fees prior to any conversion we undertake.
Please refer to ABC Bullions Terms and Conditions for further information.