Introducing GoldCore
Founded in Dublin in 2003, GoldCore have been serving Investors in over 130 countries around the world. GoldCore allow investors to buy gold and silver for direct delivery or for secure storage in a numerous high security vaults around the world.
When it comes to choosing a trusted partner to assist in the sourcing and management of precious metals, American investors turn to GoldCore. We are well known within the industry and frequently speak at conferences the world over.
GoldCore frequently appear in international media (CNBC, Bloomberg, CNN, Wall Street Journal, Dow Jones, Associated Press, Reuters etc.) and take part in the Bloomberg and CNBC Gold Surveys and the Reuters Precious Metals Poll.
GoldCore have over 14,400 clients, many of them American, with over $130 million in assets under management and storage. We offer mass-affluent, HNW, UHNW and institutional investors, including financial advisers and family offices, gold bullion for delivery and storage in the safest jurisdictions in the world.
Our team of experts service all investor classes in the US from private individuals to companies and institutional investors. Whether you are a small or large investor looking to take delivery or arrange for secure, trusted insured storage, GoldCore has a solution to suit your needs.
GoldCore offer a range of precious metal products and services including GoldCore Secure Storage, Perth Mint Certificates, GoldSaver (gold accumulation program) and bullion coin and bar delivery.
Our bullion trading platform is one of the most sophisticated and safest in the industry. Bullion coins and bars are individually allocated and segregated under direct client control and ownership. Bullion is owned in ultra safe vaults strictly outside the global banking system, eliminating virtually all counterparty risk exposure.
GoldCore understand the importance of reputation when a client chooses a precious metals partner. Our reputation is hard won and built on experience, knowledge, award-winning research and a dedication to delivering client satisfaction. We are known for balanced, jargon free and honest advice.
Trust is earned one client at a time and one partner at a time. The calibre of our logistical network ranges from government mints in some of the world’s safest precious metal producing countries, to the safest global storage providers in the world.
GoldCore Understanding
We believe in the importance of helping people to protect and grow their wealth with the provision of the safest forms of precious metals ownership — physical bullion coins and bars.
We educate our community about the modern monetary and financial system, why diversification is important, and how a precious metals diversification remains an important way to protect and grow wealth in today’s uncertain world.
The value of precious metals is defined by the international financial markets and driven by the underlying fundamentals of supply and demand coupled with global macroeconomic fundamentals. At GoldCore, we understand that nobody can predict the future movement of any market. Dispelling the myths about precious metal investing is the central tenet upon which we have built our business and reputation. This allows us to continually deliver on our clients’ expectations and it is why our clients return.
GoldCore Choice
When investing in precious metals, the options are manifold. At GoldCore we differentiate between these options based on our client’s desire for proximity to their precious metal. Whether our clients are taking personal possession of their precious metal or opting to own allocated gold in a vault in Switzerland, each method has implications from the perspective of counterparty risk, jurisdiction risk, title, cost, liquidity and price. Our product suite has something to suit all investors.
GoldCore Innovation
As client needs differ, so too does the ideal method of investing in precious metals. GoldCore strive to provide the optimum solution to meet our client’s needs. GoldCore are dedicated to being an industry leader in the provision of precious metal investment solutions and a pioneer of product innovation. Meeting the needs of our clients ranges from manufacturing usage and commodity investment to protecting an investment portfolio from macroeconomic, geopolitical, systemic, and monetary risks.
The GoldCore Approach
Our corporate philosophy acknowledges that a business can only be built by delivering on the promises that it makes. GoldCore delivers what we say, when we say it, in the manner in which we say. At GoldCore we pride ourselves on being asset diversification specialists. We understand that the bedrock of portfolio performance lies firmly in the decisions made during the asset allocation process. Our Bullion Services team provides access to a suite of precious metal products for institutional, corporate and retail investors alike.
As an Irish company, GoldCore welcomes the opportunity to put our skills and our independent approach to help protect and grow the wealth of our Irish clients.
Is GoldCore Regulated?
The provision of precious metals and related services do not require regulation. GoldCore was regulated from 2005 until July 2018, operating a successful wealth management business in the Republic of Ireland. This business was sold in 2015. While maintaining the highest operational standards, GoldCore decided to deregulate of its own volition in July 2018. GoldCore felt, given the sale of our wealth management business in 2015, that regulation was no longer needed and arguably represented a degree of risk that was not warranted.
Is GoldCore financially stable?
Yes. We are a private limited company and as such our audited accounts are available for anyone to view by searching for us on the company register in the Republic of Ireland ( www.cro.ie ). Our company number is 377252. We are happy to provide any interested party with the contact details of our auditors, bank and legal representatives.
Where are your offices?
Our head office is situated in the centre of Dublin on Carmanhall Road. We also have an office at No.1 Cornhill in the City of London. We use the London office for pre-arranged client meetings and media events.
Meet The GoldCore Team
Stephen Flood
Chairman, Co-founder, Director
Stephen co-founded GoldCore in 2003. He remained at the helm for 20 years. In 2023 Stephen stepped aside as CEO to become Chairman. Ensuring the business runs effectively, he works with select clients and strategic partners to cultivate new business opportunities.
After a BSc Hons degree in Business at Portobello Business College in Dublin, Ireland, Stephen began his career in finance. He held financial and trading posts in New York, before joining Goldman Sachs as a Sales Trader in Equity Derivatives.
Later returning to Ireland from the US, he put his experience in trading, risk, and financial markets at Goldman to good use. His entrepreneurial drive led him to establish his own financial services firm at GoldCore. Stephen now leads a group of professionals who advise clients on gold and silver purchasing.
He is married with three boys and, when he's not at work, he loves the outdoor life. He resides in the rural Dublin Mountains and enjoys mountain walking and biking with the family.
David Russell
CEO
David is the CEO of GoldCore and is responsible for both the day-to-day management of the business as well as its long-term strategy.
David joined GoldCore in 2008 as Director of Business Development and later took over as Director of Marketing and Communications in 2020.
He received a BA Hons in Business Studies from the University of Ulster and a Post Graduate Diploma in Financial Services. He began a financial career in 1997, working in banking as a trader where he successfully traded currencies, futures, and bonds. This experience sparked an interest in gold and its role as financial insurance and as a barometer of risk for financial markets.
When he’s not at work, David is passionate about sailing and has completed the ‘Round Ireland Yacht Race’ twice.
Padhraig O’h-Iarnain
Head of Treasury and Trading
Padhraig has been part of GoldCore for over a decade and is currently Head of Treasury and Trading. In this role, he is responsible for treasury, trading functions, procurement, and the development of new functions, processes and efficiencies.
Padhraig graduated in 2002 from DCU in Dublin with a BSc in Finance, Computing and Enterprise. He then entered the funds' industry, where he remained until joining GoldCore in 2010. He also qualified in tax at the Irish Tax Institute.
In a continually developing industry, no two days are the same. Digital transformation changed how GoldCore operated, bringing exciting new improvements in client interaction. Padhraig’s role at the company allows him to cultivate supplier relations.
In his leisure time, he is a keen sportsman and plays football and basketball. He enjoys coastal fishing and local bog walks and proudly speaks Gaelige, the Irish language, fluently.
Derek Ryan
Head of Bullion Sales
Derek joined GoldCore in 2019 to lead the Sales Team. Alongside his experienced team, he works with new and existing clients, handling assets under management, processing new orders, and ensuring that GoldCore provides consistently high client service.
Before joining GoldCore, Derek worked in financial services for almost 20 years. He spent eight years in Asia where he managed the Interest Rate Derivatives Middle Office for RBS in Tokyo. After Tokyo, he moved with RBS to Hong Kong, managing Client Valuations for Interest Rate and Equity Derivatives.
In 2009 he moved back to London and joined Citibank as a Project Manager within Global Transaction Services. He later took a sabbatical from finance in 2015 and followed his passion to work with classic cars. He relocated to Sao Paulo in Brazil to source classic cars and related parts for the domestic market.
Returning to Dublin in 2019, his keen interest in current affairs, gold and commodities led him to GoldCore. He saw a unique opportunity to influence a growing local company.
In his leisure-time, Derek restores classic cars and loves long road trips to far-flung places!