Official GBULLION Blog

Commission Goes Down! Time to Buy Gold

noreply@blogger.com (GBULLION) — Sun, 29 Jan 2012 02:34:00 PST

Dear GBULLION Customers,

As we start the new year we enter into a unique opportunity to buy gold as it is beginning to show various signs of recovery from the recent correction during the final months of 2011. We are happy to inform you that over the past 30 days gold price has gone up by 10%! To encourage our investors and support the trend we have reduced our purchase commission from 1.2% to 0.8%. Now you can buy physical gold at spot price + 0.8% only!

Take some time and read the article below, we have put it together for you to have an overview of the current situation as well as of some forecasts...

Over the past 3 years there has been at least 3 other times when the price of gold has corrected itself in such a drastic manner. Each time though, the recovery took the metal to new record highs: with 10-20% drops followed by 50-85% increases. What will be the magnitude of this current recovery will only be determined by the market however, what can be said confidently (and with consensus) is that gold will recover as it does time and time again.

Morgan Stanley for example, lists gold among its “favorite longs” and forecast prices of $2200 an ounce. “We believe the defensive nature of gold...will create significant investment demand as investors look for safe havens in a period of risk aversion.”

UBS’ central view on gold remains aggressive, forecasting an average 2012 price of $2050. “Most of the factors that pushed gold higher in 2011 are not going away. Indeed, a compelling case for higher gold returns next year can be built on: persistent sovereign stress, an expected recession in Europe, benign growth across developed markets, a relatively sedate outlook for competing asset classes, still-low interest rates in the US, and further rate declines in Europe, as we expect.”

Barclays Capital thinks gold should trade as high as $2200 an ounce in 2012 with the three pivotal watch factors for gold remain intact. "First, central-bank buying continues and with new interest emerging; second, uncertainty continues to surround the financial markets and sovereign debt; and finally, growth in investment demand is occurring despite price corrections."

The idea that gold will comfortably surpass the $2000/oz. point in 2012 is not only shared by these three financial service powerhouse but also much of the financial establishment in the world. The only question a savvy-investor should ask is how to participate in the recovery. In this sense, it is ‘vaulted gold’ or in other words, physical quantities of gold that is bought online and stored, insured and appraised in highly secure vaults.

This is where www.gbullion.com comes in.

Should you have any questions, please feel free to contact us.

Kind regards,
GBULLION Team

System Upgrade

noreply@blogger.com (GBULLION) — Wed, 11 Jan 2012 12:32:00 PST

Dear Customers,

Please be aware that tonight (15/01/2012-16/01/2012) due to the scheduled system upgrade, access to your person accounts may be limited at some point.

Kind regards,

GBULLION team

Service Updates January 2012

noreply@blogger.com (GBULLION) — Wed, 04 Jan 2012 04:23:00 PST

Dear GBULLION Customers,

We are happy to inform you that we have upgraded Gold Delivery Request Form, which will make the procedure of gold withdrawal easier than it had been before. Please bear in mind, that only those of you who have verified accounts and at least one kilo of gold stored in our vault are able to use the service. The delivery is carried out free of charge to any airport of the world - please look through the Terms of Delivery for more details.

Please be informed that due to the changes introduced by our gold providers, from January 15, 2012 on GBULLION trading terms will undergo the following changes:

1. Gold trading will be possible in USD only.

Starting from January 15 all the incoming wires in other currencies (EUR or AED) will be automatically converted to USD in line with our bank's (EmiratesNBD) rate of exchange and added to your accounts one-to-one (no commissions are going to be applied ).That is why from now on we highly recommend you to wire funds in USD only. The restriction of trading in other currencies is temporary, we are now working on the issue and will soon provide you with an opportunity to trade gold in other currencies as well.

2. Micro-lot commission
New additional commission of 5 USD for a purchase of less than 1 troy ounce of gold (31.10 grams) is going to be introduced. The buy back will still be carried out without any commissions.

Should you have any questions or concerns, please feel free to contact us.

Kind regards,
GBULLION Team

Happy Holidays!

noreply@blogger.com (GBULLION) — Sat, 24 Dec 2011 03:33:00 PST

Dear friends,

As the holiday season approaches, we would like to take this opportunity to thank you for your continued partnership and support. You keep GBULLION successful and we in return would like to manifest you the commitment of improving year by year.

We wish you and your families a happy holiday season and a successful incoming year! May it be filled with joy and happiness and live up to your highest expectations!

With our warmest greetings,
GBULLION Team

P.s.: Our office hours are not in any way affected by the holidays

Gold Trading Licence

noreply@blogger.com (GBULLION) — Wed, 21 Dec 2011 02:22:00 PST

Dear Customers,

This is to inform you that GBULLION DMCC has renewed its gold trading licence with DMCC (Dubai Multi Commodities Centre) and is ready to continue it’s 24/7 operations in the coming year.

Kind regards,
GBULLION team

System Upgrade

noreply@blogger.com (GBULLION) — Thu, 15 Dec 2011 00:52:00 PST

Dear Customers,
Please be aware that tonight (16/12-17/12) due to the scheduled system upgrade, access to your person accounts may be limited at some point.

Kind regards,
GBULLION team

Happy Thanksgiving Day!

noreply@blogger.com (GBULLION) — Thu, 24 Nov 2011 03:54:00 PST

We would like to wish our American friends and clients all over the world a very happy Thanksgiving. May this Joyous Season bring you peace, health, and happiness throughout the coming year.


Best wishes,
GBULLION team

Personal Account Interface Upgrade

noreply@blogger.com (GBULLION) — Mon, 14 Nov 2011 10:48:00 PST

Dear Customers,

GBULLION DMCC is happy to inform you that the www.gbullion.com personal account interface has undergone some improvements. The new interface is now online and offers a more transparent, convenient and user-friendly experience.

The current spot price is displayed and updated every minute and when an enquiry is initiated it simultaneously estimates the commission amount (1.2% of the spot price) as well as the amount of gold available for you. All important calculations are carried out automatically along with a gold price history chart. In other words, you are now fully equipped with all the necessary tools to make important decisions.

In addition to this from now on you will receive pdf-contracts confirming your every operation.

Should you have any questions, concerns or suggestions, please feel free to contact us.

Kind regards,
GBULLION Team

Introduction of IBAN

noreply@blogger.com (GBULLION) — Fri, 11 Nov 2011 09:23:00 PST

Dear Customers,

this is to inform you that in compliance with Central Bank of UAE (CBUAE) mandate, the partner bank of GBULLION DMCC, Emirates NBD, is in the process of implementing IBAN (International Bank Account Number). IBAN is an International standard for identifying bank accounts across national borders to minimize risk of propagating transcription errors.

CBUAE mandate comes into effect from 19th November 2011, whereby all banks in UAE are required to accept and process payment instructions using IBAN instead of Account number.

That is from November, 19 onwards for all the bank wire transfers please use IBAN number (23 digits). It is going to be available in your personal accounts.

Should you have any questions, please do not hesitate to contact us.

Kind regards,
GBULLION Team

Eid Al-Adha Holiday

noreply@blogger.com (GBULLION) — Thu, 03 Nov 2011 07:25:00 PDT

Dear Customers,

On the Holy Occasion of “Eid Al-Adha Holiday (The feast of the end of HAJJ) ” our office will remain closed from Sunday, 6th November 2011 until Monday, 7th November 2011, therefore should you have any questions or requests please contact our online support or use the feedback form on our website http://www.gbullion.com/en/contacts/.

We will resume work on Tuesday 08th November 2011.

Wishing you and your family “EID MUBARAK”

Kind regards,
GBULLION team

System Upgrade

noreply@blogger.com (GBULLION) — Mon, 31 Oct 2011 06:53:00 PDT

Dear Customers,
Please be aware that tonight (31/10-1/11) due to the scheduled system upgrade, access to your person accounts may be limited at some point.

Kind regards,
GBULLION team

Rates Changes and Other Important Service Updates

noreply@blogger.com (GBULLION) — Mon, 17 Oct 2011 07:58:00 PDT

Dear GBULLION clients,

In order to help expand our service offerings and ensure that GBULLION remains one of the best places to purchase gold online, a change in pricing structure will be in effect from 1 November. The change is as follows: for those investors with $2 500 to $250 000 invested, a monthly service cost of $25 will be applied. However there will be no charge for those with accounts less than $2 500 or more than $250 000.

To existing verified customers, you will keep the current price structure as a way to thank you for being with us from the start.

To newly verified members after 1 November, this amount of $25 per month is still lower than the fees charged by other competitors in the industry and we are confident that our service offerings remain second to none and will only increase as a result of this strategic move.

Up to the Minute Spot Price

In the past, GBULLION was only able to provide the ability to purchase gold at a spot price at 15-minute intervals. As of now, we are able to transact at the minute-to-minute spot price enabling members to act more quickly on investment decisions. As a result investment returns will be able to increase as the amount of buy high and sell low opportunities expand 15-fold.

Gold by the Milligram

An additional update is that previous quantities of gold could only be purchased in increments of 1 gram. Effective immediately, gold can be purchased in quantities of 0.01 grams after the initial minimum of 1 gram. This update makes gold savings plans more friendly as more precise quantities can be acquired for your weekly or monthly investment.

Should you have any questions or concerns, we are always happy to help you!

Kind regards,
GBULLION Team

Gold Online: Secured and Insured

noreply@blogger.com (GBULLION) — Wed, 05 Oct 2011 13:26:00 PDT

In the past year alone the value of gold has risen nearly 50%. In what is seasonably the best time to buy gold, investors are increasingly turning to other avenues than their local coin or jewelry store in order to obtain the time-tested safe-haven. Online purchasing is gradually becoming the preferred method for acquiring gold. As with any Internet-based transaction it is important to know with certainty that what you are buying is exactly what you expect to be buying. This expectation is intensified when the purchase is a financial instrument and further heightened when the financial instrument under consideration is gold.

There are two critical steps that must be taken when making an investment in physical quantities of gold: secure and insure. If you store gold at home then you have to secure it in a proper manner either in a safe or in a bank vault. At the same time you must insure it in the event of theft and revalue it every so often as the value of gold increases.

When shopping online for gold if insurance and storage are not made explicitly available then you are in the wrong place. Any quality Internet-based gold providers has already established partnerships with highly secure vaults and insurance providers. Some have also gone the extra step of providing delivery options. One of the primary advantages though of purchasing gold online is that the selling of gold online is also facilitated.

How can you ensure that you will get fair market value for gold you have stored in your safe at home? A jeweler will unlikely pay the spot price and those able to offer the spot price will likely not come to your home and collect it. As with ecommerce transactions in other industries the transaction costs have dramatically decreased with respect to buying and selling gold. It is possible to get any amount of gold bought or sold within 2% of the spot price. One company to take note of in this space is a relative newcomer based in Dubai—GBULLION DMCC.

Originally positioned to capitalize on the European market demand for gold the local market in Dubai began to take notice of how GBULLION positioned its services and as a result the growth prospects are quite promising. With License Number: DMCC-31266 GBULLION is a certified trader of gold under the authority of the Dubai Multi Commodities Center: strategically basing its operations within one the most transparent and well-respected jurisdictions in the world for such activities.

Purchasing, storing, insuring, delivering and selling gold online is the new framework for investing in gold. If gold is the right investment for you do your research and make sure that each of the providers make these options available. You will soon realize that this list is not very long and that GBULLION is not only on that list but has the lowest costs of them all.

New bank account details

noreply@blogger.com (GBULLION) — Wed, 21 Sep 2011 00:43:00 PDT

Dear GBULLION customers,

Please be informed that our main operational bank account has been changed. The new GBULION bank details with Emirates NBD are available in your personal accounts.

Should you have any questions or concerns feel free to contact us.

Kind regards,
GBULLION Team

Outgoing local bank transfers (UAE)

noreply@blogger.com (GBULLION) — Sat, 10 Sep 2011 01:25:00 PDT

GBULLION is happy to announce that the withdrawal of funds from GBULLION system back to the local (UAE) bank accounts, has become more than twice as cheap.

Please check out the current rates on our website.

Best Regards,
GBULLION Team

No Shipping Costs from Now On

noreply@blogger.com (GBULLION) — Tue, 30 Aug 2011 02:48:00 PDT

GBULLION DMCC is happy to announce that from September 2011 onwards GBULLION, in cooperation with Brink’s, will become the first and the only licensed gold provider to offer free shipment to any airport in the world when gold delivery is requested. So whether you’re a jeweler, investor or electronics manufacturer you can be assured to get your gold delivered to you when you want it with no shipping costs.

Best Regards,
GBULLION Team

Eid Al-Fitr Al Mubarak

noreply@blogger.com (GBULLION) — Mon, 29 Aug 2011 04:38:00 PDT

On the Holy Occasion of the ''Eid Al-Fitr Al Mubarak'' our office will remain close from 29/08/2011 at 1:00 pm to 01/09/2011 and the weekend of 2nd & 3rd of Sept. 2011. Regular work will resume on Sunday, 4th of September.

New Minimum Amount of Gold

noreply@blogger.com (GBULLION) — Thu, 11 Aug 2011 05:16:00 PDT

From today onwards 1 gram is the minimum amount of gold our customers can sell or buy through the system. All the users who used to have a smaller quantity of gold on their accounts recieved a free bonus and now have 1 gram.

Best Regards,
GBULLION Team

GBULLION Responds to Gold Bull Market

noreply@blogger.com (GBULLION) — Wed, 10 Aug 2011 05:45:00 PDT

Gold’s position on the market remains as strong as ever as more and more people every day lose faith in fiat money due to the current financial situation. Investment in gold, which has always been regarded as a safe-haven during global recession, is now in ever greater demand. According to GBULLION DMCC experts, today’s gold bull market will not end until at least 2014, and they are almost certain that it may easily last for another 8 years.

The demand is immense, but the supply is also massive. That in mind, GBULLION DMCC, an Internet-based service that allows clients from all over the world to buy and sell physical gold online, has undergone some major changes to become an even more affordable and attractive resource for professional investors and the general public interested in buying gold.
Major changes have been made to the service’s security system and its website design, as well as GBULLION’s rates, which is greatest interest to its customers.

As of June 2011, all fund transfers or withdrawals can be made only to and from a user’s registered bank account. This means that an unauthorized money transfer to a third party account is no longer possible.

Gold buying fees have been re-estimated and consolidated, and GBULLION now sells gold at a price no higher than 1.2% above the Gold Spot Price. The minimum purchase amount is only 1 gram of gold, and liquidity is ensured by GBULLION’s guarantee to buy gold back at the Gold Spot Price whenever one needs to sell. GBULLION DMCC’s gold buy-back is completely free of charge.

In addition to these positive changes in its pricing policy, GBULLION DMCC has redesigned the look of the website itself, making it easier to use than ever before. The fully redesigned website http://www.gbullion.com is now online, offering light colors, smooth shapes, simple navigation and useful information without the excessive use of investment jargon. 100% user-friendly.

About GBULLION
GBULLION DMCC is a licensed supplier of gold regulated by Dubai Multi Commodities Centre (DMCC). It works with private investors, private companies and funds, allowing customers from more than 160 countries to buy and sell physical gold of 999.9 purity online. Users of the system are able to carry out operations with minimum amounts of gold (from 1 gram), making investing in gold more affordable. GBULLION acts as the custodian of gold, insuring it and depositing in a high security vault in Dubai (UAE). Upon request, gold may be delivered to any address in the world.

New Look. New Challenges

noreply@blogger.com (GBULLION) — Mon, 08 Aug 2011 23:17:00 PDT

GBULLION team is happy to announce, that a fully redesigned website www.gbullion.com is now online! Light colors, smooth shapes, simple navigation and useful information without the excessive use of investment jargon. GBULLION.COM has become easier to use than ever before – 100% user-friendly experience.
Check it out!

Best Regards,
GBULLION Team

Ramadan Kareem

noreply@blogger.com (GBULLION) — Mon, 01 Aug 2011 05:50:00 PDT

Ramadan Kareem to all our followers and clients from all over the world.
Please, be informed that during the Holy month of Ramadan the working hours of GBULLION call center are from 9 a.m. – 3 p.m. from Sunday to Thursday.

Regards,
GBULLION Team

GBULLION News Portal

noreply@blogger.com (GBULLION) — Thu, 21 Jul 2011 08:41:00 PDT

Dear all!

Happy to inform you, that GBULLION News Portal is now available on http://www.gbullionnews.com/

Gbullion News Portal provides you with a daily round up of latest gold related news, comprehensive gold market analysis and gold investment research, as well as keeps you updated on the current gold price information.

Stay Informed!

Best regards,
GBULLION Team

Important Changes to the GBULLION System

noreply@blogger.com (GBULLION) — Thu, 09 Jun 2011 04:09:00 PDT

Dear GBULLION Client,

In June 2011 Internet-service GBULLION has become an even safer and more cost-efficient resource for buying and selling gold on-line.

Major changes have touched upon the security system and GBULLION rates. From now on all the fund transfers or withdrawals are possible only to a user’s registered bank account that is, an unauthorized money transfer to a third party account is impossible. The transfer of gold within GBULLION system was eliminated due to the new legal requirement of the regulation authority (Dubai Multi Commodities Centre).

The gold buying fees have been consolidated, now it is a stable fee of 1,2% for every client. The buy-back of gold by GBULLION is carried out free of charge. The most important change however deals with the fact that now you will buy and sell gold for one price (Gold Spot Price), which is being updated every 15 minutes.

Changes have also affected GBULLION Referral Programme. It has been simplified by means of eliminating multi-level structure, entrance fees and welcome-coupons. Now having introduced a new user to the system, a participant of the Referral Programme automatically gets 30% of the commission earned by GBULLION on every gold purchase of the referent.
We believe that these and other changes (the details are available on GBULLION website) will positively influence the development of the service in general and add up to its attractiveness for investors.

Should you have any questions, do not hesitate to contact us.

Best Regards,
GBULLION Customer Support
www.gbullion.com

New version of the Terms of Use Agreement

noreply@blogger.com (GBULLION) — Wed, 01 Jun 2011 07:45:00 PDT

Dear Customers!

Please be informed that on the 11th of May 2011 an updated version of the Terms of Use Agreement has been published. All of the fundamental provisions remain unchanged. This Agreement will enter into force on the 11th of June 2011

Full text of the Agreement can be found here: http://www.gbullion.com/eng/terms_of_use/

Get a $10 bonus

noreply@blogger.com (GBULLION) — Tue, 19 Apr 2011 07:25:00 PDT