Jersey based GoldMoney, one of the market leaders in physical bullion, is to offer small gold and silver bars to its customers. As part of the new product offering, customers will be able to purchase and store 100 gram and 1 kilo gold bars, and 1 kilo silver bars, as well as the large 400 ounce gold bars and 1,000 ounce silver bars.
GoldMoney which was established in 2001 has grown to 62 staff globally, with 32 of those positions in the Jersey head office. It is in the process of recruiting more staff locally to develop the business further.
The new bar sizes have been launched through GoldMoney.com today. CEO Geoff Turk said: "We're introducing these smaller bar sizes in response to significant demand from existing customers. As well as having more flexibility in ownership of physical bars, customers will be able to take delivery of their metal in convenient sizes. We continue to see interest from people who want to protect themselves from the current economic uncertainties by safeguarding their wealth outside of the banking system."
Customers can choose to have their small bars delivered to them personally or stored in GoldMoney's secure vault facilities in Switzerland. This development is the latest product enhancement from GoldMoney which continues to expand its worldwide facilities from its Jersey headquarters.