At any time, you can convert your gold investment back into fiat currencies or cryptocurrencies. If you spend money with your Revolut card and you only have gold, Revolut will use your gold exposure automatically. You can also transfer gold exposure to another Revolut user.
According to the company’s website, Revolut charges a 0.25% markup when you trade gold during the week and a 1% markup from Saturday at midnight to Monday at midnight U.K. time.
Do I have an individual allocated Precious Metals account?
Revolut is not allocating individual Precious Metals accounts at this time. Once purchased, the Precious Metals are securely stored in a ‘pooled’ account. We maintain our own internal ledger, which records your exposure that is reflected in the Precious Metals account in your Revolut app.
Pooled accounts allow Rehypothecation.
Gold available with
Premium account £6.99 pm
Metal account £12.99 pm