About Ariyor
A small private custodian in Luxembourg, holding physical precious metals for European families since 2014.
The premise
Ariyor was founded on a single observation: most of what is sold as "gold" by banks and financial platforms is not gold at all. It is a paper claim — an entry on a balance sheet, a unit in a fund, an exposure in a derivative — that performs adequately in calm markets and fails the moment certainty is most needed.
We started Ariyor in 2014 to offer the alternative: actual physical gold, in actual physical form, in your actual name. Allocated by serial number. Audited four times a year. Insured to full replacement value. Held in a vault you can visit, in a country whose financial laws have been refined for over a century.
Ariyor remains small by design. We accept new members by application, not by funnel. We do not advertise on television or in airports. We grow through introductions and the slow accumulation of trust that this kind of work requires.
What we believe
Custody is a craft, not a product
Our work is the careful, methodical safekeeping of value. We are weighed down with no obligation to grow assets under management, no quarterly earnings target, no incentive to push a member toward any particular allocation. What we offer is a service, performed properly, for a transparent fee. Nothing more.
The bar matters more than the system
Modern financial systems are extraordinarily efficient at moving claims around. They are also extraordinarily fragile. Real, physical gold is unbothered by either property. A 1kg bar in a vault in Luxembourg is the same 1kg bar regardless of what happens to clearing systems, banking liquidity, or sovereign credit. That immutability is the entire point.
Quiet is a feature
Our members tend to be people whose wealth is not their identity. They do not want updates. They do not want quarterly performance commentary. They do not want a dashboard that pings them with movements. They want the bar to be there, in their name, when one day they decide it should not be.
Decade-thinking, not year-thinking
The questions that matter to our members are typically not "what should I do this quarter?" They are "what will my children inherit, and in what form?" Allocated physical gold answers that question better than almost any alternative. We are built around that long horizon, and so are our terms, our fees, and our patience.
The decade in numbers
- 2014
- Ariyor S.A. founded in Luxembourg. First vault module commissioned at 21 Rue Glesener.
- 2015
- First independent audit conducted. Lloyd's of London insurance commences.
- 2017
- Vault expanded to four modules. Member base reaches 100 families.
- 2019
- My Ariyor digital dashboard launched, allowing members to view their holdings by serial number remotely for the first time.
- 2021
- Vault expanded to six compartmentalised modules. Quarterly external audits formalised under unannounced-arrival protocol.
- 2024
- Tenth anniversary. Cumulative custody value exceeds €500M across the member base.
- 2026
- Public website relaunch and Facebook presence established. Membership remains by application.
The four standards
Every aspect of our operation answers to four self-imposed standards. We do not deviate from them.
Allocated. Always.
Every bar in our vault has one named owner. Bars are never commingled, never lent, never used as collateral by us, and never form part of our balance sheet. This is the legal foundation that makes "your gold is yours" a true statement, not a marketing one.
999.9‰ minimum.
We accept and hold only investment-grade purity. Below 999‰, gold loses its EU VAT-exempt status and is no longer suitable for our members. We turn away bars that fail intake assay. The cost of doing so is borne by us, not the depositor.
LBMA only.
Bars must originate from a refinery on the LBMA Good Delivery List, accompanied by a Certificate of Origin and a verifiable chain of custody. We do not accept bars from unknown sources, even if their purity assays correctly. Provenance matters.
Audited externally, four times a year.
An independent assayer we did not select arrives unannounced four times a year, counts every bar, weighs and assays a randomised sample, and reconciles our ledger against the physical inventory. The audit costs are borne by Ariyor. We close the vault for the audit day.
Where to find us
Office & Vault
21 Rue Glesener
L-1631 Luxembourg
Grand Duchy of Luxembourg
Hours
Monday — Friday
09:00 — 18:00 CET
By appointment only. Visits are arranged through the private desk. Reserved parking is provided.