Vexillum Minerals Offers Gold Reserve Program With Discounts Up to 10% Below LBMA Price
Vexillum Minerals has launched its Gold Reserve Program, offering eligible purchasers in the US and elsewhere a new way to acquire investment-grade physical gold at a fixed discount to the prevailing LBMA Gold Price.
The program provides two purchase terms: 3-month delivery with a 5% discount below the prevailing LBMA Gold Price, or 6-month delivery with a 10% discount. Participants receive physical gold at the end of their selected term in accordance with the purchase agreement.
Vexillum's model addresses one of the principal concerns associated with purchasing physical gold: what happens if the gold price falls after the purchase? With this program, participants secure physical gold at the applicable discounted price for future delivery. If the gold price appreciates during the selected term, they have already secured their gold at a lower agreed purchase price. And if the gold price falls below the participant's protected purchase price, they still receive their physical gold and also receive a rebate for the applicable price difference, in accordance with the program terms.