What is GoldELOC?

GoldELOC (Gold-Equity Line of Credit) is a program that allows our members to borrow against the value of their precious metals without selling them. This means you can receive funds in paper dollars while still retaining ownership of your metals, which can be gold, silver, or Goldbacks.

What are the benefits of GoldELOC?

Get quick cash by leveraging valuable items in your account without selling. It’s a convenient way to access funds while maintaining ownership. It can also improve your credit score since it doesn’t require a credit check.

  • EASE

    Unlock Wealth

    Transform idle precious metals into working capital without giving up ownership.

  • ACCESS

    Flexible Borrowing

    Take what you need, when you need it, with just one active loan at a time.

  • LOW FEES

    Competitive Rates

    Enjoy industry-leading rates at just 2.4% APR, with simple monthly payments of 0.2% calculated on your borrowed amount.

  • SECURITY

    Secure & Transparent

    Every transaction is tracked independently in your portal. Your metals remain safely stored while you access their value.

How to start a GoldELOC?

We recommend consulting a qualified tax or financial advisor before initiating a GoldELOC to fully understand the potential implications, particularly around tax treatment.

  • STEP 1

    Login

    Access your member portal using your credentials.

  • STEP 2

    Navigate and Choose

    Navigate to Withdrawals → Redeem Metals for USD. Then choose the metal type and amount you wish to borrow against.

  • STEP 3

    Initiate a GoldELOC

    Under Preferred Tax Liability, select GoldELOC

  • STEP 4

    Review Terms

    Review the GoldELOC terms, including the APR and repayment rules, by selecting the “i” bubble next to the “Preferred Tax Liability Method”

  • STEP 5

    Confirm Transaction

    Confirm and submit the transaction

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Frequently asked questions

Simple answers to your questions about the GoldELOC program.

Read all FAQs

What is the Gold ELOC program?

The Gold ELOC program allows members to borrow against the value of their precious metals, such as gold, silver, or Goldbacks, without selling them. This provides short-term access to fiat currency while maintaining long-term ownership of metals.

How does the Gold ELOC work?

When you initiate a Gold ELOC, a pawn is created for the selected asset type, and you receive the equivalent value in fiat currency. The metals in your account are temporarily placed on hold until the loan is repaid.

How much can I borrow through the Gold ELOC?

Members can borrow up to $10,000 every 30 days. There are no loan-to-value ratios that need to be maintained, but only one active Gold ELOC is allowed at a time.

How do I repay the Gold ELOC?

Repayment must be made in-kind, meaning you must repay with the same type of metal you borrowed against. For example, if you borrowed against gold, you must repay with gold.

What are the risks associated with the Gold ELOC?

The primary risk involves metal price fluctuations. If metal prices rise before repayment, you may need to return a greater quantity of metal than originally pledged, which could impact overall value.

AGX Membership

Build trust and security with an online precious metals account today.

You can now earn rewards by sharing your unique referral link. Our referral program offers 0.5% on Gold and Silver coins and 2% on Goldback investments made by your referrals.