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- Users can buy gold at 2% above spot price
- Users can sell gold at 0.5% below spot price
- Users can use Gold as a form of payment at various merchants
- Users Gold are stored in a Trusted 3rd Party called Loomis International
- A portion of transaction fees will be given back to PGPay token holders as incentives
Loomis International, our trusted third-party storage facility, is the leading specialist for international valuables logistics solutions. Loomis International has a global network of branches, partners, leading suppliers and agents, and offer comprehensive solutions to handle and transport primarily precious metals and foreign currencies throughout the world.
Loomis International operates warehouses with state of the art security, where customers' precious metals are in safe hands and fully insured. With its impressive track record and excellent customer service, Puregold.sg Group of companies believe that our customers' gold is well secured at Loomis International.