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GoldMoney Completes ""GoldMoney Standard"" Testing


March 29, 2011 - London, United Kingdom

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 http://www.goldmoney.com.

About GoldMoney

GoldMoney is a fast-growing enterprise founded by James and Geoff Turk. As one of the world’s largest providers of physical bullion for retail investors, GoldMoney is combining 21st century technology with the world's oldest money: Gold. The company efficiently uses the internet to make the online purchase and the storage of gold, silver, platinum and palladium secure, convenient and economical. Residents of 87 countries can establish a GoldMoney Holding to build savings and secure their wealth by owning pure gold, silver, platinum and palladium. All precious metals are insured and stored safely and conveniently for the investor in specialised precious metals vaults in London, Zurich and Hong Kong. By performing regular audits GoldMoney constantly ensures and verifies the contents of their precious metals vaults, thereby setting the industry standard for companies in this sector.

GoldMoney services can be accessed at www.GoldMoney.com

CONTACTS : GoldMoney Ziggy Johannsen +44-1534-633-990 ziggy.johannsen@goldmoney.com www.GoldMoney.com/de

Source: Business Wire India

BusinessWireIndia

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