GoldMoney Completes “GoldMoney Standard” Testing


GoldMoney, one of the world’s largest providers of physical bullion for investors, has completed testing of all the gold bars stored for customers in London, Zurich and Hong Kong. This marks the advent of the GoldMoney Standard, which now offers every customer added safety assurances.

Since October 2010, GoldMoney has utilised ultrasound technology to check the quality of customers’ precious metals for the GoldMoney Standard. If the scan shows that the bullion bar might contain foreign material, at GoldMoney’s expense the bar is melted down, assessed and recast. Only ten of the 1,377 stored gold bars failed the ultrasound test and were recast. Therefore, with the GoldMoney Standard, the company has once again taken the lead in establishing the highest quality standards for customers.

Geoff Turk, CEO of GoldMoney, said: “GoldMoney is an innovative company whose objective is to offer the best service to its customers. The quality of the precious metals bought by and stored for our customers is a top priority. By introducing this ultrasound test, we have included yet another independent check to make sure our chain of integrity is efficient and safe. We value the trust our customers place in us, and are therefore pleased to add these new security measures in the GoldMoney Standard to ensure we meet our customers’ high expectations.”

More information and a video on ultrasound testing are available at


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