Moscow, Russia (PRWEB) August 2, 2007
WebMoney Transfer has launched a brand new WM currency - WebMoney Gold. Funds at WMG purses are backed-up by real Gold with purity of no less than 995.0 part per thousand.
From now on, all WebMoney users, holders of WM-Passport of a level, not lower than Personal have an innovative and reliable investment tool. The unique features are: direct funding via WebMoney Transfer, access directly from WM Keeper interface, no storage and handling fees.
The underwriter (Guarantor) for WMG transactions is WM Metals FZE, a company registered in UAE. The guarantor , as per Agreement with the Depository, is as well liable for safekeeping of Gold Bullions.
Gold exchange rates are based on the current worldwide spot trading prices of precious metals. The published exchange rates will update at least twice per day when trading is active and the markets are open.
Internal WM exchange rate against other WM Currency is based on the same exchange principles, that are used within the System depending on user's demand and supply of WM currencies.