How are storage prices calculated?

Storage prices are calculated daily based on the type of metal you own. The storage rate calculation is:

Daily Storage Rate = (Closing Spot Price x Storage Rate x Ounces owned) รท 365 

Spot Close = the closing spot price at 4 pm CST for the metal type being calculated

Ounces owned = The number of ounces owned for the associated metal type

Storage Rate = See below:

Metal Type
Storage Rate
Gold 0.12%
Silver
0.30%
Platinum
0.12%
Palladium 0.12%

Storage fees are billed at the end of every calendar quarter. Storage fees can be paid online by visiting My Account > Settings > Invoices. Click on each invoice to review current holdings and make a payment via your CyberMetals Cash Balance or a Credit/Debit card. See our Storage page for more information about storage pricing. 

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