Fees
Transaction Fees
Transaction fees of sending gold and US dollars to other CORO customers are waived until December 31, 2020.
| Transaction Fees | |
|---|---|
| Send gold | currently 0% |
| Receive gold | always free |
| Send USD | currently 0% |
| Receive USD | always free |
Exchange Fees
The “XAU to USD” and “USD to XAU” exchange fees come with a charge of 0.5% of the transaction value. (XAU is a standard code for one troy ounce of gold)
| Exchange Fees | |
|---|---|
| XAU/USD | 0.5% |
| USD/XAU | 0.5% |
Gold Storage Fee
Gold storage fees will be assessed daily (annual storage rate of 0.5% divided by 365 days) and calculated on the value of your gold at the close of each day. You will be billed the total storage fees each month in gold.
| Gold Storage Fee | |
|---|---|
| Storage | 0.5% annually |
Market Hours
Buying and selling gold (XAU) will be available from 6 pm ET on Sunday to 5 pm ET on Friday.
It will be unavailable during United States Federal holidays as markets are closed.
Market hours and holidays may change due to circumstances out of our control. We aim to update our trading times as necessary to reflect these changes.