Metal account
Benefits




Conditions
Metal account allows you to buy, store and sell impersonalized precious metals in the same way as foreign currency in regular bank account.
Precious metals | Gold and silver |
Fee for opening and annual maintenance | KZT 0 |
Cost per ounce | is set by the Bank taking into account price fluctuations on international markets |
Minimum lot | 0.001 troy ounce (1 ounce ≈ 31.1 g) |
Maximum lot | unlimited |
How to start investing?
Open metal and current account at any Bank outlet
Via Halyk app or Bank outlet replenish your current account with the amount of planned purchase of precious metals
Buy/sell gold/silver at any Bank outlet
Cashless precious metals rate
Frequently Asked Questions
Metal account is a special type of bank account that allows customer to store money in precious metals such as gold and silver. Such accounts provide an opportunity to invest in metals without the need to physically store these metals.
The main purposes and advantages of metal account:
- inflation protection: precious metals are traditionally considered as assets that can maintain their value in conditions of economic instability.
- asset diversification: this is a way for investors to diversify their portfolios by adding not only traditional financial instruments, but also precious metals.
- storage convenience: purchase and storing metal in a special account avoids the need for physical storage, which can be associated with risks and additional costs.
- liquidity: metal account allows you to easily convert precious metals into money and vice versa.
Such accounts may be interesting for those who are looking for a way to protect their funds from economic risks or who wish to invest in precious metals without physically storing them.
Earnings on metal account depend on several factors, such as:
- changes in the price of precious metals: the price of gold or silver can fluctuate depending on market situation. For example, if the price of gold goes up, the value of the metal in your account will increase, leading to profits.
- duration of investment: metal accounts are often used as long-term investments. Depending on how long you keep the funds in such account, your potential rewards may vary. Longer you keep your money in metal, greater the chance of significant price changes.
- type of metal: different metals show different rates of price increases and fluctuations. For example, gold tends to be more stable in terms of price increases, while silver can be more volatile.
Like any investment, investing in precious metals via metal accounts involves risks, including:
- market volatility;
- economic conditions that may affect metal prices;
- economic conditions that may affect the USD/KZT exchange rate.
Now you can buy gold and silver on metal account in Halyk Bank.
Opening and maintenance of metal account is fee-free.
You need to come to the Bank's outlet to submit an application to purchase or sell precious metal. Selling and purchase is performed via your current account.
At the rate set by the Bank. You can find the current rates on the Bank's website or at Bank’s outlet.
No, it is not possible to exchange metal from metal account for a bar.