Ownership, storage and resale of your gold bars: the legal framework of the Bunker Group service, a company registered in Singapore since 2018.
The service is based on three legally distinct operations: acquisition of ownership, physical storage and disposal.
Purchasing a gold or silver bar from Bunker Group results in the immediate transfer of ownership to you. Each bar is individually identified, and the details are recorded on the title of ownership provided to you. You therefore own an individualized physical asset — not a claim or right of restitution against Bunker Group.
The storage of your bars at Le Freeport vault constitutes a physical safekeeping service, distinct from ownership itself. It does not result in any transfer of ownership to either Bunker Group or the vault. The management, safekeeping and physical transport of the bars are handled by Malca-Amit.
At any time, you may sell all or part of your bars directly to Bunker Group, which acts as counterparty to the transaction according to a published formula applied identically to all clients.
Bunker Group acts in three distinct capacities: as seller for the initial purchase, as organizer of storage with the Singapore vault, and as counterparty upon resale. The company does not at any time exercise a management mandate over the bars you own.
Bunker Group provides a service enabling the purchase, storage and sale of physical gold and silver to any person who independently decides to use it, without making recommendations regarding the appropriateness, timing or amount of any contemplated transaction.