How does price locking work?
At The Silver Mountain we strive to always offer you the most up-to-date and fair prices for gold and silver. Our gold and silver prices are automatically updated based on international rates, and this happens every three minutes. This allows you to make your purchases at the most recent market prices.
Temporary price fixing during checkout
During the checkout process, the price of your order is temporarily fixed for a period of 15 minutes based on the actual market price. This gives you enough time to complete your order and select your preferred payment and shipping method, without having to worry about exchange rate fluctuations.
Order confirmation and completion
After successfully placing your order, you will receive a confirmation email. In this email you will find an overview of the purchased products and the fixed prices. This offers you transparency and certainty about your purchase.
No possibility to cancel or adjust
Because our products are linked to real-time rates, it is not possible to cancel or adjust your order after it has been placed. In addition, it is important to know that, due to the exchange rate-related nature of our products, the right of withdrawal does not apply.
With this method we guarantee a transparent and fair process, where you can always count on current prices and an efficient ordering process.
Disclaimer: The Silver Mountain does not provide investment advice and this article should not be considered as such. Past performance is no guarantee of future results.
Daan Wesdorp is Manager at Inkoop Edelmetaal, part of The Silver Mountain, and a specialist in trading physical precious metals. With a background in economics and years of experience in the financial markets, Daan possesses in-depth knowledge of stocks, cryptocurrencies, and precious metals. His broad market insight makes him a reliable source for investors looking to diversify and protect their assets. In his articles, Daan combines up-to-date market information with practical insights for both new and experienced investors.
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