Shipping high-value commodities like gold demands careful attention to detail and unwavering reliability. Recognized for our longstanding reputation and commitment to excellence, Cabrella can be your trusted partner in shipping gold across borders.

This guide examines the ins and outs of shipping gold internationally, including the risks involved and the essential role of reliable insurance solutions. Cabrella is here to lend a helping hand with your most precious international shipments — that way, you can send your valuable items with total peace of mind.

What Are the Risks of Shipping Gold Internationally?

Shipping gold internationally involves multiple risks that can imperil the safe delivery of your assets. From potential theft by nefarious actors coveting gold’s intrinsic value to the fragility of this material during transit, the shipping journey is often fraught with challenges. 

Moving through complicated international laws adds another layer of risk, necessitating the expertise of a trusted partner like Cabrella. Here are some of the potential risks that can be incurred when shipping gold abroad: 

Theft

As gold moves across borders, theft emerges as a primary concern. Famous for its intrinsic value, gold has become a target for individuals seeking to exploit vulnerabilities in transit. 

Safeguarding against theft is vital, demanding strong insurance coverage to mitigate losses and instill peace of mind in those entrusting their gold to the global supply chain. For example, Cabrella's all-risk insurance coverage can serve as a shield against theft for international gold shipments.

Damage

Beyond theft, gold's fragility amplifies concerns over potential damage during transit. Mishandling, environmental factors, and unforeseen accidents pose significant threats to the pristine condition of gold shipments en route to their destinations. 

Loss

While not unique to gold, you must also consider the possibility of loss during shipping. Without the right insurance coverage, you may not be able to recover from the loss of high-value items, such as gold, in international transit.

Luckily, Cabrella’s shipping insurance solutions can provide security against these risks. Offering customizable insurance options that shield against the inherent risks of transporting this prized metal, Cabrella is at the forefront of safeguarding international gold shipments.

Why Is All-Risk Insurance Coverage Essential When Shipping Gold?

When it comes to international trade, shipping insurance is often the difference between security and vulnerability. In particular, the distinction between traditional carrier-provided declared value and comprehensive all-risk insurance coverage holds special significance. 

While traditional carrier-provided declared value may offer some protection, its limitations become apparent when compared to Cabrella's all-risk insurance coverage. Carrier liability, often restricted and inadequate for high-value commodities like gold, pales in comparison to comprehensive, bespoke insurance. 

Customized based on the commodity shipped, our insurance solutions provide a safety net that extends beyond standard carrier offerings, ensuring your gold items remain secure throughout their journey.

What Makes Cabrella a Good Partner When Shipping Gold?

Shipping gold internationally requires a steadfast commitment to security to ensure the safe passage of your assets. Luckily, leveraging Cabrella's advanced solutions and operational excellence can set the stage for a seamless shipping experience.

Advanced Solutions

Cabrella's advanced system, fully flexible across carriers and paperless, revolutionizes gold shipping processes by enabling efficient claims tracking, detailed checklists, automated notifications, and streamlined management. Our comprehensive platform integrates seamlessly into your existing system to offer a shield against risks throughout shipping.

Operational Excellence

Operational excellence is another key element to shipping gold — it’s also where Cabrella excels. Thanks to our strategic partnerships with major carriers, we can provide tailored rates that cater to all shipping needs, ensuring the smooth transit of gold items across borders.

Streamlined Integration

By seamlessly integrating with prominent shipping systems like Shopify, Cabrella enhances fulfillment processes, drives operational efficiency, and enables cost-effective order management. This integration underscores our dedication to excellence and reliability in gold shipping services.

Rigorous Security Measures

Finally, Cabrella promises unparalleled security and reliability. Our customizable coverage options, efficient processes, and unwavering dedication to logistics excellence only serve to strengthen the safe and successful transit of precious gold assets.

What Rules Do You Need To Follow When Shipping Gold Internationally?

Navigating international trade demands a keen understanding of the laws and mandates that govern your destination. From customs requirements to export controls, these legal nuances can present a formidable challenge for businesses and individuals engaged in shipping assets like gold. 

Customs Requirements

Studying customs regulations is key in international gold shipping, where strict adherence to import and export declarations ensures the secure transportation of precious metals across borders. Reviewing the ins and outs of customs requirements before you ship is essential to avoid delays and penalties.

Anti-Money Laundering (AML) Laws

Compliance with Anti-Money Laundering (AML) laws is also crucial to prevent illicit financial activities. AML laws mandate thorough due diligence practices to verify the legitimacy of transactions and deter money laundering schemes that could involve gold shipments.

Import and Export Controls

Strict controls on the import and export of gold are enforced to prevent illegal trafficking and ensure the legitimate trade of this valuable commodity. Specific documentation, licenses, and other reporting requirements are needed.

Kimberley Process Certification Scheme

The Kimberley Process Certification Scheme helps prevent the trade of rough/conflict diamonds. It also applies to the trade of gold to inhibit the flow of other conflict minerals. Adherence to this scheme involves obtaining certificates to verify that your gold has been sourced ethically and does not contribute to conflict or human rights abuses.

Can You Ship Gold With FedEx?

When considering shipping gold, one of the most popular courier options is FedEx. However, be aware that FedEx prohibits shipping items considered high-value, including gold and other precious metals, through their standard services. 

If you intend to ship gold using FedEx, your shipment must abide by strict guidelines and requirements. FedEx’s International Priority service may sometimes permit the shipping of gold, but only if certain conditions are met, such as obtaining proper documentation, adhering to declared values, and meeting specific packaging criteria.

FedEx also offers the Declared Value Advantage program, enabling customers to declare a higher value for their shipments beyond standard liability limits at an additional fee. This program provides additional protection for valuable items like gold, ensuring secure transit and peace of mind for senders and recipients.

To qualify, you must be a business account holder and ship jewelry a set number of times a week. International shipments through this program may be valued up to $25,000, and domestic shipments up to $100,000. 

Safeguard Gold Shipments With Cabrella

In the fast-paced world of international trade — where gold represents both opportunities and risks — the value of reliable shipping insurance is more important than ever. Cabrella's dedication to shielding high-value assets like gold is resolute, illustrating our enduring legacy of reliability and professionalism.

Guided by our principles of quality and trust, Cabrella can help you conquer the challenges of shipping gold overseas. Through customizable coverage options, streamlined claims processes, and a commitment to top-tier service, we help ship valuable metals across the globe. Contact Cabrella today to learn more.

Sources: 

Why Gold Is So Valuable And How The Industry Can Improve Transparency | Forbes

Global Supply Chains in a Post-Pandemic World | Harvard Business Review

Anti-Money Laundering / Countering The Financing Of Terrorism (AML/CFT) | FDIC

Kimberley Diamonds Process Certification | U.S. Customs and Border Protection