Tokens Prices
Gold Spot Price
The VRO gives access to LBMA-Certified GoldSpot ingots. Set up in 1750, the London Bullion Market Association (LBMA) is an international regulator for gold and silver. Its purpose is to set, maintain and certify the highest refinery standards as well as controlling the use of gold and its ethical production. These LBMA-certified gold ingots are traded at the international gold spot price.
The gold quotation
The VRO does not have a price of its own. The charts below reflect the international gold spot price (XAU-USD, XAU-EUR). These charts represent the Gold quotation, the BTC quotation, the ETH quotation in EUR and USD. Since each VRO gives access to one gram of gold, the reference price corresponds to the gold spot price per gram. Actual buy/sell prices are determined when transaction quotes are issued.
The cryptocurrencies
You can buy VRO with BTC and ETH. We chose them because of the reliability, integrity and popularity of their assets and blockchains. Bitcoin and Ether are both very volatile, and VeraOne allows you to access precious metals without having to leave the blockchain. No banks, no physical stores needed. We’ll transform your BTC and ETH for Gold in a matter of minutes. Gold has historically maintained its purchasing power relative to both cryptocurrencies and fiat currencies over time.