Higher gold vault fees a rich man’s problem
Dec.22, 2011
–Gold storage fees have increased as more investors add gold to their portfolios –Ironically, rich individual investors can end up paying more for storage than investors with a smaller budget –Small investors tend to avoid paying higher storage fees by buying ETFs instead of gold bullion London’s famous vaults are crammed with gold and banks are raising storage fees on their customers, but the hikes won’t affect small investors who favor gold-backed exchange-traded funds.
Originally from MarketWatch


