Getting started with a Depository Program account

Before you start buying gold, silver and platinum in the Depository Program, you need to open an account.

To open an account, you must complete the application form and undergo an identity verification check. Once we’ve validated your identity and opened your account we will send you a client code and relevant information.

How to buy gold, silver and platinum

Follow the four steps below to start trading via the Depository Program.

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1. Create an account

Opening an account includes identity verification. The account must be in the same name as your bank account to meet requirements of know your customer and anti-money laundering/counter-terrorism financing laws. 

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2. Request a trade and deposit funds

You will need to have at least 10% of any proposed trade in your account if buying less than $2 million. This can be in cash if trading for the first time, or a combination of cash and metal if you have been trading for a while. You will need the full amount if buying more than $2 million.

Your trade will be confirmed by email with the balance required within two business days. Most customers pay the full amount instead of the 10% deposit. Funds can be sent by electronic transfer from your bank account (quote your client code with every transfer).  We do not accept cheques, credit card, cash or third party transfers.

Depository program at The Perth Mint.

3. Phone us to complete a trade

We will email you once we receive your funds. You will then need to phone us to complete the transactions. As security of your account is a priority, we will not accept any instructions without verification of your client code, full name and password.

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4. Confirmation

Success. On completion of a purchase, we will email you a trade confirmation.

Questions about The Perth Mint Depository Program

Find answers to some common questions about The Perth Mint Depository Program below.

Why invest with The Perth Mint

We have been refining gold and other precious metals since 1899

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Global reputation for quality and purity of our products

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 We store more than AUD 6 billion worth of gold and silver for our clients around the world.

Ethical Icon at The Perth Mint.
Dedicated to ethically sourced precious metals
Government guaranteed at The Perth Mint.

Owned by the Government of WA with all precious metal holdings backed by a government guarantee.