A comparison of popular Kitco products with Pool Accounts

Pool Account

Physical precious metal products

Canadian Allocated Storage Account

  • Lower spreads
  • Fabrication costs not included in metal price
  • No minimum purchase required
  • Transaction fee of $8.98 for online transactions or $14.99 for phone transactions
  • No storage fees
  • Greater liquidity and flexibility
  • Delivery, fabrication and insurance charges applicable only upon conversion to physical metal

 

  • Higher spreads
  • Fabrication costs included in product price
  • $2,500 minimum transaction
  • Delivery charges need to be paid for every purchase
  • Customers have to arrange for their own storage
  • Higher spreads
  • Fabrication costs included in product price
  • Minimum holding of 10 oz of gold or 500 oz of silver or 10 oz of platinum
  • Higher administrative fees charged per transaction
  • Delivery charges need to be paid only upon withdrawal
  • Recurring storage fees