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      September 26, 2020

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  1. BGASC
  2. Money Metals Exchange
  3. Silver Gold Bull
  4. GMR Gold
  5. Gold Broker
  6. Golden State Mint
  7. Bullion Vault
  8. Universal Coin

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How To Buy Gold Safely Online

How To Invest In Gold

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Top Consumer Reviews Articles

TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

How To Buy Gold Safely Online

Investors who want to jump on the gold-buying bandwagon have numerous options on how to invest in the precious metal. Whether buying gold in its physical form jewelry, coins or bars or buying shares in a gold exchange traded fund, buyers should always fully research their options and the seller to ensure they will not be ripped off.

The price of gold has fluctuated wildly over the last year, with prices starting at $1,700 at the start of 2012, and spiking as high as $1,800 in October of that year. Despite the unpredictable change in value from one day to the next, it's never too late to 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.

But how does one safely invest in the precious metal? One of the most popular ways to invest in gold is through online brokerages and gold-selling companies. Purchasing shares in a gold exchange traded fund, or even buying gold in the bulk form of bullion, is risky for the investor who has never done it before. It's important to follow a few rules if you plan to buy gold online for the first time.

  • Hire a broker: The best way to get sound advice and a more secure investment is to make it through an accredited gold broker. The Better Business Bureau keeps a list of brokers who have proper accreditation and a solid reputation for trading and investing in the precious metal. Investors also can see any prior complaints about a gold broker on the BBB's website, as well as recommendations from previous customers.
  • Know the Market Price: Prior to buying, selling or trading, it is important to know the current market price, also known as the "spot price", of gold. Websites such as monex.com list the current spot price of gold. Knowing this information will help investors to negotiate a fair price when they are buying or selling gold.
  • Do Your Homework: Before clicking the "buy now" button on any gold buying or investing website, it is best to do some research on gold buying and the gold market. There are four kinds of gold investment that can be made: gold bullion, gold exchange traded notes, gold exchange traded funds and gold miner stocks. Buying the bullion form (jewelry, coins, and bars) is the safest bet. There is more risk associated with buying the traded notes and funds, and investing in gold miner stocks is the riskiest venture of all. Gold coins are the most prized way to invest because they have many uses: collector item, low bar for entering the investment market and easy to cash in. The only down side to coins is that they often have other metals mixed in, so they are not pure gold. Prices for gold coins also tend to fluctuate more rapidly than for other forms of gold. The most stable form of gold is the bar form.
  • Know Your Limit: Prior to making any investment, it is best to establish a pre-set limit for spending. If the investor has $5,000 to spend, find ways to diversify your investment to make the best use of that money. If an investor has less than $2,000 to spend, it will be best to consult a broker to find the best use for your limited resources.

Our Strategy For Gold And Precious Metals Miners - Buy The Dip

The price of gold is down about 10% from its high reached back in August amid the current financial market volatility.

Published:  Fri, 25 Sep 2020 07:04:00 GMT



Discounts narrow in top hubs as gold price dip attracts some interest

Physical gold demand limped higher in top Asian hubs this week, with dealers in India easing discounts to the lowest level in six weeks, as a drop in prices saw a little interest return in the ...

Published:  Fri, 25 Sep 2020 08:17:00 GMT



Selling Accelerates In Gold And Silver - Getting Aggressive On The Dip With JNUG And SILJ

In March, when markets across all asset classes were melting down, gold fell to a low of $1450.90, and silver reached a bottom ...

Published:  Fri, 25 Sep 2020 05:05:00 GMT



Gold prices post a gain for the first time in 4 sessions

Gold futures end higher on Thursday to tally their first gain in four sessions, as a recent price drop to a two-month low raises the precious metal's ...

Published:  Thu, 24 Sep 2020 11:34:00 GMT



Gold price today: Yellow metal falls, deploy buy on dips towards Rs 49,600

Gold and silver showed extreme volatility the previous day, Investors could deploy buy on dips strategy for the yellow metal towards Rs 49,600 for a target of Rs 49,950, experts say.

Published:  Fri, 25 Sep 2020 02:56:28 GMT



Gold edges up as dollar rally pauses; biggest weekly drop in six

Gold prices ticked up on Friday as investors took advantage of an easing dollar to buy the metal after a steep sell-off sent bullion to a near two-month low in the last session and set it on track for ...

Published:  Fri, 25 Sep 2020 03:36:00 GMT



Buy the dip in gold but not stocks, say Citi's global strategists

In their comprehensive look at markets, Citi's global asset allocation team doesn't expect the sailing to get any easier, as they fear for the coming U.S. election.

Published:  Fri, 25 Sep 2020 03:49:41 GMT



3 "Strong Buy" Gold Stocks to Hedge Volatility

After the deepest short-term losses in Wall Street's history, however, stocks rebounded - and hard. The bull run lasted more than 5 months. But now we need to ask, has it ended at last? Since the ...

Published:  Tue, 22 Sep 2020 09:46:00 GMT



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