Scenario · Selling at a Market Low
Selling Because You Have To, Not Because You Want To
The worst reason to sell anything is that you need the money this month. It is also the most common reason anyone sells anything, and it converts a market dip into a permanent, realised loss.
No credit check and no obligation. If borrowing is the wrong answer for your situation, you will be told that first.
65%
Advance against market value
$15k
Minimum loan — about $23,000 in metal
Days
From verified collateral to funded
Same
Metal returned on repayment. Not equivalent — the same bars
The moment
How the decision usually gets made
This is the scenario where the argument for borrowing is strongest and the argument is also the easiest to get wrong. Borrowing to avoid selling at a low is sensible when you can service the loan. It is dangerous when it is really a bet that the market will bounce before the interest catches up with you.
The math
The arithmetic worth doing first
Be honest about which one you are doing. If the loan is serviced from business income regardless of what metal does, borrowing is a financing decision. If repayment depends on the price recovering, it is a leveraged position on the metal, and that is a different and riskier thing that you should size accordingly.
Instant estimate
What could you borrow?
Enter the ounces you hold. We advance up to 65% of market value.
| Metal | Spot / oz | Your oz | Value |
|---|---|---|---|
| Gold | $4,600.00 | $0.00 | |
| Silver | $69.00 | $0.00 | |
| Platinum | $1,840.00 | $0.00 | |
| Palladium | $1,329.00 | $0.00 |
Estimate only. Final advance rate and terms are confirmed after your collateral is inspected and verified. Spot prices are indicative and move continuously. Minimum loan is $15,000 (about $23,077 in collateral value at our65% rate).
These are business-purpose loans and are not offered for personal, family or household use. Not available in Nevada, Vermont, North Dakota and South Dakota. If metal prices fall materially we may contact you about adding collateral or paying down the balance to keep the loan-to-value in range.
Honestly
Which way to go
Both columns are real. If more of the right-hand list applies to you, sell — and we would rather you did.
Borrowing probably fits when
- You can service the interest from trading income, independent of the metal price.
- The need for cash is real but temporary.
- You would not choose to sell at this price if you had the option.
- You understand and can meet a margin call if prices fall further.
Selling is the better answer when
- Repayment depends on the market recovering. That is a bet, not a loan.
- You are already stretched and another monthly obligation makes it worse.
- You have concluded the position was a mistake. A low price does not make it less of one.
- You would not be able to add collateral if prices dropped again.
Break it down
What selling actually costs
The Spread
gold buy sell spread cost
Explore →
The Tax Event
capital gains tax selling gold
Explore →
Losing the Position
sell gold lose position
Explore →
Replacement Cost
buy back gold after selling cost
Explore →
Selling on Someone Else's Schedule
forced to sell gold bad timing
Explore →
What Borrowing Costs
metals loan risks cost
Explore →
FAQ
Common questions
- What happens if prices keep falling?
- You may get a margin call — add collateral or pay down the balance to bring the loan-to-value back into range. This is the real risk of the product and we would rather you understood it before signing than after.
- Is this a bet on the gold price?
- It should not be. If repayment depends on the price going up, you are leveraged, and you should size the loan accordingly or not take it.
- Can I repay early if the market recovers?
- Yes. No prepayment penalty.
- How is the advance calculated?
- Against market value at the time, up to 65%. If the market is low, the advance is lower — the LTV does not compensate for a bad market.
Next step
Run it both ways before you decide.
No credit check and no obligation. Tell us what you hold and what the money is for, and if selling is the better answer for your situation you will be told that first.
Business purpose only. Not available in Nevada, Vermont, North Dakota and South Dakota.