An account for precious metals
At GS Refinery BV, you have the option of maintaining a weight account. This is an account in which you can hold gold, silver, platinum and palladium. You can choose to have precious metals booked to your account that originate from recycling orders you have submitted to us. In addition, it is possible to buy or sell precious metals at any time.
How does a weight account work?
A weight account works in a similar way to a bank account. Once we have processed your recycling order and carried out the analysis, we can add the amount of fine gold, silver, platinum and/or palladium to your weight account. This allows you to:
- Making a transfer: We can transfer precious metal balances to companies in the United Kingdom and abroad.
- Purchases: You can purchase precious metals from us, which we will add to your weight account.
- Selling: You can sell your precious metals to us. We use the current Kitco price for gold, silver, platinum and palladium.
Who is the weight account for?
The weight account is for customers of GS Refinery BV who submit recycling orders (on a regular basis) and change the weight account (make purchases and sales). As we only do business with entrepreneurs, this weight account is only available for business-to-business and therefore not for private individuals.
