I am absolutely delighted to announce that Goldex are the first gold retail platform in the world in the world to adopt a vitally important new initiative from the World Gold Council which culminate from over 2 years of work and extensive consultation with the global gold industry.
The Retail Gold Investment Principles (RGIP) were devised and launched by the World Gold Council in order to raise the bar for product providers across the global gold market. This, in turn, will encourage individual retail investors to place their trust in gold, creating value and driving demand across the industry.
As our customers and the majority of our readers will be aware, Gold prices have continued to soar this year, reaching an all-time high and an increase of over 600% over the last 20 years. An average of more than $30 billion of gold has been traded every day in the UK alone in 2020*.
Not only do these principles help customers identify the best providers and increase their confidence when investing in gold, they represent the very essence of our business here at Goldex, namely the provision of a transparent, secure, ethical and safe marketplace for investors at all levels.
Goldex can seamlessly adopt RGIP because they already have perfect synergy with the very essence of our business and the highest standards with which we operate. For example, we do not own a single gram of gold ourselves and all gold bought through Goldex is responsibly sourced and approved by the London Bullion Market Association (LBMA). All gold bought through Goldex is legally owned by its investors, insured and safely stored in independent vaults. We only offer the highest purity, 999.5 investment-grade gold and our smart trading technology enables our customers to get the best gold price at any time whether buying or selling.
So, I am very proud that we are able to help our customers and the World Gold Council by not only being the first gold retail platform in the world to adopt RGIP but also helping to publicise them. They have the potential to make a real impact in the world of gold.
CEO & co-founder
Goldex Technologies Ltd.