Another way to trade gold will be coming from Britain's Royal Mint in 2017.
US based CME will provide the trading platform and the Royal Mint will put gold bars into its on-site secure vault, which will then be digitised to create RMGs, (Royal Mint Gold), whose ownership will be recorded on the blockchain.

Unlike the traditional model for investing in gold, with management fees and storage charges, RMGs will offer ownership of the underlying gold with the option for conversion to physical gold by the Royal Mint at zero storage cost.

I RMG will equal 1 gram of gold, (1/31 of a troy oz) or about $38 at gold's current price of $1177.40. There is no indication yet of any premium that may be applied, but it is doubtful that trading will take place at spot value.



12/24/2016 4:21am

Now investing in gold are as easy as you deposit your money in you bank account or transfer such money. Commodity market is a biggest investment market now and investing in gold is a perfect option.

12/26/2016 8:05pm

In the primary I'm purchasing a decent blog, however it would appear that your site that Now i am hoping to take in this is your website.

02/01/2017 5:21am

You are a real expert in gold trading. I will contact you later if you don't mind.

03/14/2017 8:11am

There are actually a lot of ways to trade gold. The Royal Mint is the world's leading export mint, making coins and medals for an average of 60 countries every year. It is amazing that the US is going to secure it in a block chain. There is an option that is why for sure the traditional model for investing gold will be through what you genuinely want. The conversion of the gold is really high priced.

03/23/2017 9:43am

I was very grateful when I already have a personal blog because I can be inspired directly from you, whenever it was

03/23/2017 9:51am

I would immediately start from now als if it is easy to create a blog like thiso


Leave a Reply