Wednesday, August 29, 2012

Goldmoney.com Exchange Metals and Currencies

 Find out more about exchanging your metals for different currencies and using different  foreign exchange rates when transferring your holdings.

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Exchange Metals & Currencies


Convert between precious metals and transfer between vaults


The rate of exchange between precious metals is constantly fluctuating. Metal prices in one currency can move up and down independently of other currencies. GoldMoney makes it easy to convert between metals, enabling you to leverage the value of one metal to purchase another. To diversify your precious metal portfolio between jurisdictions, we offer you the ability to transfer your metals from one vault to another.

Whether you want to switch between vaults or exchange some of your gold into silver, your platinum into palladium, or any other combination, this is all possible when you store your precious metals with GoldMoney. Find out more about GoldMoney benefits.
Currently a gold ounce costs $1,657.00 and a silver ounce costs $30.75. To convert $75,000 of your gold into silver, our exchange system will sell your 45.2625 ounces of gold (75000/1,657.00) and buy 2,369.13 ounces of silver (75000/(30.7500*1.0295)).

Choose from different currencies


You can choose to receive payment in nine currencies when you sell metal: US dollars, euros, Canadian dollars, British pounds, Swiss francs, Japanese yen, Australian dollars, New Zealand dollars and Hong Kong dollars. This is irrespective of the currency you used to make your initial purchase. For example, you can choose to use US dollars to purchase metal and then receive your sale proceeds in euros*.

At GoldMoney we give you the opportunity and flexibility to optimise your investments.


http://www.goldmoney.com/exchange-metals-and-currencies.html