Physical gold digitally traded
RMG – a fresh, cost-effective, convenient and secure way to trade physical gold
What is RMG?
RMG is an alternative way to invest in and trade physical gold.
It aims to provide the investment spectacle of the London Gold Market with the transparency of an exchange-traded security. Each RMG represents direct ownership of physical gold bullion held in the form of fully allocated, segregated London Bullion Market Association (LBMA) Good Delivery bars within the very secure storage facilities, The Royal Mint vault.
Why Choose RMG?
RMG is suggested in a landmark partnership inbetween the world’s leading export mint, The Royal Mint, and CME Group, the world’s leading and most diverse derivatives marketplace.
Cost of Ownership
Fees can add up and eliminating them can make a difference to your come back on investment. RMG will have no on-going management or storage fees and efficient price discovery through a digital trading platform. Providing one of the lowest cost and most supple forms of direct gold ownership.
The physical gold that the RMG in issue represent will be held in The Royal Mint vault, a very secure, on-site bullion storage facilities. The gold will be reconciled daily by The Royal Mint and will be physically studied and certified by independent auditors at least every six months.
One RMG represents ownership of 1g of fine gold, stored securely within The Royal Mint vault and held on a fully allocated basis, where investors own, and have total title to their gold holdings at all times. RMG can be redeemed for physical gold bars, produced by The Royal Mint and delivered to investors if desired.
The price of RMG will be closely tied to the spot price of gold but with the potential to trade at a premium. The Royal Mint will actively manage the investment chance and endeavour to buy back any RMG if the trading price falls below the spot price of gold for more than twenty four hours.
Investors will be able to trade RMG with real-time pricing during trading hours, at prices determined by supply and request in the secondary market. The cost-structure will be fully see-through, with public, real-time pricing permitting investors to trade based on the same data, which helps reduce price volatility.
A set amount of RMG will be released through the initial suggesting and we have clear policies about any further issuance or redemption. With our commitment to the market, we will support premium pricing through buying request and provide investment managers with a stable, known and managed base of gold in which to invest.