29th July 2021  - Gary Mead

How safe is my gold?

In these uncertain times, we know that Glint clients are nervous about being subject of online fraud. Who wouldn’t be? Online fraud has rocketed in the last year.

How safe is my gold?

We take fraud attempts very seriously.

• Remember that no-one at Glint will ever ask you for your PIN and you should not disclose it to anyone else. If someone asks for, don’t give it to them and contact Glint immediately.

Your Glint gold is allocated gold. Gold that is allocated to you, gold that you own.

• Glint clients who hold gold in their Glint account, own allocated gold.

Unallocated gold is entirely different.

• Unallocated gold is nothing more than a deposit held at a financial institution – typically a bank – and legally it belongs to that institution, which can lend it. If that institution fails, holders of unallocated gold at the bank will be required to compete with other creditors before they can get ‘their’ gold.

• With Glint’s allocated gold, even if Glint were to fail, your gold would be returned to you. Glint’s allocated gold is held at secure Brink’s vaults in Switzerland, insured by Lloyds of London.

• Glint has done everything that can be done to ensure that your gold is truly yours, is protected, and held securely.