Buy Gold Reviews

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GOLD & SILVER

Gold & Silver provides a very good selection of gold bars and coins. Their staff is knowledgeable and friendly. Their website is informative and is a comfortable fit for both the novice and savvy gold investor.

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AMERICAN BULLION

American Bullion is relatively new to the precious metals business. The website focus centers on Gold purchases for IRA's and other retirement options. We would have liked to see more online purchase options and more details on the selection they offer. American Bullion comes with a strong BBB rating.

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BULLION VAULT

Given the limited gold buying options, the difficulty navigating the website, and the customer service hours, Bullion Vault didn't win us over. We would have liked to have seen a larger selection of gold investments as well as a friendlier website.

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STRAIGHT SILVER

Straight Silver offers a very limited selection of gold bars. If you are looking to purchase gold, we recommend you choose a higher ranked company that will help you find the expertise and selection you'll need to make a good investment.

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Buy Gold

Many financial advisors recommend a diversification of investments across stocks, bonds, real estate and precious metals. Owning gold bullion or coins is one way that people are doing a better job of protecting their assets against inflation and an uncertain stock market.

The traditional way of investing in gold has been by purchasing gold bullion bars or coins from a local precious metals dealer. However, the internet has greatly expanded your options for gold investing.

When purchasing anything you want the best price and at the lowest fees. Purchasing gold online allows you to compare and contrast several different gold options from various companies before making a decision.

Every precious metals company is different in what they offer, how they support their customers, and their policies. Before shopping for your next gold bullion investment consider the following:

  • Selection. Does the company offer a wide selection of gold bars, bullion, and coins from across the world
  • Customer Service. If you have a question before, during, or after your gold purchase you'll want to make sure a knowledgeable yet friendly customer service representative is going to be there to assist.
  • Company Strength. Whenever you are investing in stocks, bonds or precious metals you'll want to only deal with reputable companies. Make sure you understand what company you're dealing with.

TopConsumerReviews.com has reviewed and ranked the best Gold stores in business today. We hope these reviews help you with your next gold purchase!



What You Should Know About Buying Gold

During the Klondike Gold Rush of 1898, prospectors did all sorts of crazy things in the name of finding their piece of the golden pie.

While things aren't quite that extreme today, gold is once again a hot commodity, with everyone from amateurs to seasoned investors giving it full consideration as part of their investment portfolio.

And why not invest in gold There are a myriad of reasons why investing in gold is a good idea. The biggest reason is that unlike paper currency, gold is not affected by inflation or global uncertainty. During times when a country's paper currency is losing value, gold will gain in its worth.

The price of gold has fluctuated wildly in recent years. At the start of 2012, for example, gold was priced at $1,700 per ounce. By October of that year, gold had risen in price to over $1,800. Despite the unpredictable change in value from one day to the next, it's never too late to invest in gold. While it is true that gold likely has hit its peak and will not climb any higher, it always will have value higher than paper currency.

However, as with any investment, it is a good idea to fully understand what you should know about buying gold before taking the plunge.

First and foremost, the best way to buy gold is in its purest form: bars, jewelry and coins. Among the most popular form of gold bullion for investors is the gold coin. The trick to buying gold bullion is to buy it as close to its "spot" price as possible - or within no higher than a 10 percent premium. Premiums higher than 10 percent will make it difficult for the investor to turn a profit. The price of gold would have to rise to that level or beyond for the buyer to make any money off of their investment, and that is unlikely to happen. Gold bullion can be stored at a number of places, including safety deposit boxes at local banks. There also are some gold-specific storage facilities across the United States.

If you choose to purchase gold in this form, your next consideration should be where to keep it. Unlike paper money, which can be deposited into the local bank, gold bars and coins can be a lot more challenging to store. While many banks will allow this kind of material to be stored in a safety deposit box, most banks do not insure the contents of the boxes. So if the bank would be robbed, and your gold is among what was taken, you will not be covered for your losses. Storing it at home also is not recommended, as most homeowners' insurance policies will not cover the cost of gold in large amounts. The best option is to use a "gold pool", which is a service that holds your gold for safekeeping. These services insure all of their customers' gold against theft and damage.

Finally, it is important to purchase your gold from a reputable dealer. Make sure the dealer has recommendations and has been in business for at least a decade. Only dealers which purchase their product from the U.S. Mint are legitimate.

 



Buying Gold In The News

Opinion: Gold, languishing at a five-month low, still isn't ripe for buying

CHAPEL HILL, N.C. - Sentiment in the gold market will be so pessimistic one day that contrarian investors will flash a "buy" signal. That day is not yet upon us. This is the same conclusion I reached six weeks ago, by the way, the last time I devoted ...

Published:  Sat, 16 Dec 2017 17:43:00 GMT



3 Gold Stocks to Buy Even If Gold Doesn't Rise

For thousands of years, gold has functioned as decoration, jewelry...and currency. In fact, it backed the U.S. dollar for decades, until 1971, when President Nixon took the U.S. off the gold standard. Today, gold is still used for decoration and jewelry ...

Published:  Thu, 14 Dec 2017 09:24:00 GMT



Sell Your Bitcoin Immediately and Buy Gold Before 2018

Despite rising interest rates, a strong U.S. dollar and a persistent bull market in equities, gold managed to defeat the odds this year. The yellow metal, up close to 9% this year, was the shining star of the glum commodities space. For John Reade, chief ...

Published:  Sat, 16 Dec 2017 18:48:00 GMT



Gold Is Giving Us Clues That It's Going to Rally Big Time

With the advent of futures it is now being sold as the new digital gold which is a disaster waiting to happen." So would Lanci sell bitcoin to buy gold "On a dollar for dollar basis it might not be a bad trade to short bitcoin futures and buy gold on ...

Published:  Fri, 15 Dec 2017 09:46:00 GMT



Gold surges to Rs 29,665; silver recaptures Rs 38,000-mark

Gold prices surged Rs 230 to Rs 29,665 per 10 grams at the bullion market today largely in line with a firm trend overseas amid increased buying by local jewellers. Silver followed suit and recaptured the Rs 38,000-mark by rising Rs 680 to Rs 38,280 per kg ...

Published:  Sat, 16 Dec 2017 17:36:00 GMT



Buy Gold, Silver Time After Speculators Reduce Longs and Banks Reduce Shorts

- Seasonally, January is generally a good month to own gold (see table) - "If history is still reliable, January will be a great month to own precious metals" Have you found the gold price in the last few months to be particularly boring

Published:  Wed, 13 Dec 2017 14:49:00 GMT



Disney to Sell Rose Gold Shirts at Disneyland

Rose gold is by far the most 'grammable metallic shade. It's graced the heads of stars like Troian Bellisario and Kendall Jenner, bedecked your favorite tech accessories, and even inspired an entire line of Starbucks cups. So naturally, Disney had to get ...

Published:  Fri, 15 Dec 2017 12:58:00 GMT



Are Investors Selling Gold to Buy Bitcoin

The Bitcoin craze may have helped dull some of gold's shine in recent weeks, but the cryptocurrency is no substitute for the precious metal. Gold futures fell this month to their lowest level since July, settling at $1,241.70 on Dec. 12, on the heels of ...

Published:  Fri, 15 Dec 2017 18:55:00 GMT




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