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Gold surged to record-high prices during major recessions since the 1980.
Gold surged to record-high prices during major recessions since the 1980. Pixabay

Gold is one of the most tangible, exchangeable, and preferred compact value storage mediums. It is unaffected by government-controlled fiat currency or market fluctuations. For thousands of years, this precious metal has been seen as a sign of wealth and stability across the world and to this day, it is accepted as a form of money/currency in any part of the world.

Since gold prices are not susceptible to market manipulation and currency devaluation, people generally rush to buy gold during market crashes. Historically, this has led to a sudden spike in the value of gold, including during the 2020 pandemic season.

Since the quantity of gold is diminishing around the world, global demand has always kept it ahead of rising inflation. Similar to real estate, its prices have increased over time. In addition, when it comes to the tradability of gold, you can avoid the restrictions and failures of the banking system. You can conduct business privately and in a trusted fashion virtually anywhere in the world.

When investing in gold, make sure that it is insured against theft or damages and stored in a safety deposit vault.

An Online Gold-Buying App With Complete Transparency

The mobile app Vaulted investors to directly buy 99.99 percent pure kilo gold bars in a simple and transparent way. Gold purchased through the Vaulted app is insured against theft and losses and safely stored in highly-protected vaults of the Royal Canadian Mint, an ISO 90001:2000 certified refinery owned by Canada's AAA-rated federal government.

The holdings are accounted for every quarter and the mint is audited by the Government of Canada's Office of the Auditor General. The gold you own and store in the Royal Canadian Mint cannot be mixed up or leased by the Mint in any way.

For a seamless experience, a knowledgeable team who has dealt with precious metal transactions of over $2.5 billion for years will take care of your queries and portfolio management, and oversee your purchases through the app.

How to Get Started With Vaulted

Buying gold on the intuitive Vaulted app is a transparent and easy process.

  • Download the Vaulted app from the iOS or Google Play store and create an account with your basic details. This will take less than a minute.
  • Link your checking account to the app and initiate a transfer of funds to your new Vaulted account. The transfer may typically take up to three business days.
  • Enter the gold amount you want to invest and confirm the purchase. Your order will be completed almost immediately if done during market hours.
  • If you want to sell gold, click on "Sell Gold" on the app and then enter the amount in U.S. dollars. This will be confirmed immediately if done during market hours.

Vaulted is dedicated to building an online ecosystem where there are no hiccups or waiting periods for gold transactions. Furthermore, their app is frequently audited by third-party firms and managed by software developers from Google. They protect user information through various forms of encryption and strict data safety guidelines.

In case you don't want to link your checking account through the app, you may contact their team and present your driver's license and a bank statement not older than 30 days to complete the bank-linking phase of the account setup.

What is the Automatic Gold Investment Plan?

Vaulted also offers a VaultPlan for investors who want to periodically initiate automatic gold investments with the option to customize investment amount and frequency of gold purchases at any time. This plan would work really well for those who have an investment goal to achieve within a stipulated time frame.

Just like dedicating a portion of your paycheck to your 401(k) every month, you have the option to do the same for gold purchases using the VaultPlan. As for transaction fees, Vaulted charges 1.8 percent of the wholesale market gold price at the time of placing the buy or sell order. An additional 0.4 percent of your holdings will be charged as an annual maintenance fee.

If you want to store your gold in a vault locker of your preference, you can also get your holdings shipped from the Royal Canadian Mint to your doorstep within a week. Just place a request with the Vaulted team.

Secure your investment portfolio from market upheavals and invest in gold today.