Argo Launches Digital Gold Funding Platform in | Commodities
Argo Digital US has launched its 24/7 gold investment platform within the US.
In an early February announcement, the Sprott family-backed company mentioned the launch displays its dedication to delivering secure and accessible gold investment alternatives, offering secure, digital entry to bodily gold.
“We believe Argo will appeal to the modern investor looking for a secure digital-first platform that meets their alternative investment needs,” mentioned Argo Co-founder and President Michael Petch in a assertion.
A market-driven launch
In accordance with Argo, its evaluation means that round 8.2 million retail traders may very well be open to investing within the yellow metallic, representing a US$5.45 billion annual investment alternative.
“With ongoing economic uncertainty and persistent inflation concerns, investors are increasingly looking toward gold as a stable store of value. Our market research, including data from the Federal Reserve, indicates that Gen X and Millennial investors in North America hold over US$11 trillion in assets, with a significant portion of their capital sitting in traditional securities and savings accounts,” Petch defined to the Investing Information Community.
Knowledge from the World Gold Council reveals that annual gold investment reached a 4 12 months high of 1,180 metric tons in 2024, a 25 % increase. As well as, This fall demand worth hit US$111 billion.
“This took 2024 over the line to reach the highest-ever annual value of US$382 billion,” the council notes.
Simplifying gold investment
Argo believes its gold investment platform brings a quantity of new parts to the desk.
“(Our platform) is designed to provide retail investors with direct access to high-quality physical gold holdings. The platform was initially launched with a robust inventory of gold insured and securely stored with a trusted sovereign custodian, ensuring sufficient liquidity to meet investor demand,” the company mentioned by way of e mail.
Argo can be dedicated to eliminating transaction charges to encourage traders to buy and promote gold.
“We have a highly competitive and transparent storage fee of just 0.12 percent, which is significantly lower than traditional gold investment options,” Petch mentioned, including that this eliminates hidden fees and high markups.
The platform completely holds Argo’s belongings at current, however the company is open to growth sooner or later.
“We are open to strategic partnerships and collaborations with reputable gold suppliers, institutions and investment platforms that align with our commitment to transparency and investor security,” Petch mentioned.
Extra valuable metals, in all their kinds, can be added to the platform at a later date. There are additionally plans to combine extra choices, reminiscent of direct deposits and crypto-to-gold conversions sooner or later.
“Our founding team’s long-standing success in the precious metals markets and asset management industry gives us deep confidence in Argo Digital Gold’s expansion into the US,” Argo Co-Founder and Chair Peter Grosskopf added.
“As we introduce a modernized platform to the method of shopping for one of the world’s oldest different belongings, (we’re) searching for to disrupt the US$3.2 trillion gold investment industry by enabling simple and direct possession of valuable metals.”
On funds and privateness
Argo helps automated clearinghouse and wire transfers, with extra fee choices to be added later.
When requested about security, Argo mentioned it has applied stringent knowledge safety measures to safeguard person knowledge, together with industry-standard encryption, secure authentication protocols and compliance with regulatory frameworks.
“Our platform operates with a zero-compromise approach to privacy, ensuring that personal and financial details are protected against unauthorized access,” Petch mentioned. He additionally famous that each one gold holdings are absolutely insured and saved with trusted institutional companions for an added layer of security and confidence for Argo’s traders.
Gold growth
In accordance with Argo, gold has demonstrated an spectacular average annual growth charge of 8 % in US {dollars} since 1971, supported by its inverse correlation to the stock market in intervals of risk.
The valuable metallic has reached a number of new highs in 2025 already, breaking US$2,950 per ounce on February 20 on the back of ever-increasing international turmoil, together with tariff talks and tensions between Russia and Ukraine.
Even so, many market watchers consider gold’s run is not over.
“How much higher? It is hard to say, but a real all-time-high of just under US$3,500 is less than 35 percent higher than where we are today. That seems doable,” Lobo Tiggre, CEO of IndependentSpeculator.com, mentioned on the finish of 2024.
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Securities Disclosure: I, Gabrielle de la Cruz, maintain no direct investment curiosity in any company talked about on this article.
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