A new bullion depository has opened in Douglas.
IMGold, the trading name of Isle of Man Bullion limited will buy, sell and store gold and silver bullion.
The company has offices and vaults in Victoria Street which are electronically protected and monitored by G4S.
Managing Director of IMGold, Ed Pearce, says the company is unique as they will offer depository facilities to both small and large scale bullion owners.
Clients can visit the facility and withdraw, deposit or purchase bullion for their holding at any time from amounts as small as 500g.
Mr Pearce says with the faith in the safety of banks and currencies diminishing across the world, there is a growing demand to own a tangible asset such as bullion.
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