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Why are your gold products priced higher than the actual gold price?

The gold price indicates the value of the gold as a commodity. When you buy physical gold, this gold must be cast into a bar or minted as a coin. These products are made by a smelter or mint and this process comes at a cost. Before a gold bar reaches you, it will have been shipped to the Netherlands and as the selling party we will have provided you a service. If you were to pay only the current gold price for the physical gold you buy, it would mean that everyone in the chain – from smelter to Goudpensioen – would suffer a financial loss as a result. Therefore, you can understand that every party involved needs to profit from such a transaction in order to remain in business.