how to buy gold

Term of Investment: Short term – There is a fee charged each year that deducts from the amount of gold backing your investment, making this an unattractive way to invest in gold.
This is a very important aspect of investing in gold bullion because your investment strategy is only as safe as your storage strategy.
Gold items will often sell for less than their scrap value, making them a great investment tool.
If you have funds to invest, it’s important to understand why people invest in gold in the first place, so that you can make sure it’s the right thing for you.
A gold exchange traded fund is designed to track the price of gold, while maintaining the liquidity of a stock.
Those willing to absorb a bit more risk decide to invest with gold futures.
Any piece of jewelry marked 14 karat or less will be below investment quality and any resale for the sake of investing will be impacted by the need to refine the gold.
Stockpiling gold has been a favorite investment of the wealthy throughout history, and gold remains the most popular investment of all the precious metals.
Most people who are looking at the help wanted ads are in financial distress of some sort, so placing an ad offering to help them make money by selling gold to you can work wonders.
Collecting and storing scrap gold has become a popular investment strategy.
Understand that gold mainly serves as a store of value and as an investment hedge.
On the other hand, it is possible to pick up antique or vintage gold for very little at estate sales and similar auctions if the worth is not realized, or if people simply don’t bid much for it.
Gold jewelry: The problem with buying gold jewelry as an investment is that you pay a premium for the craftsmanship and the desirability of the design.
Aim to buy gold coins or bars at or below the prevailing market price, plus a premium of approximately 1 percent.
With gold prices steadily rising, buying scrap gold is a low-risk way to invest in this valuable resource.
Exchange Traded Funds (ETFs) aim to track silver and gold prices and are generally bought through a typical stockbroker.
They are much like derivative contracts that track prices, but they differ in that you will not own the underlying gold assets if you invest in this vehicle.
Practically everyone has broken necklaces, damaged rings, mismatched earrings and other forms of scrap gold that they would to turn into cash.
Use the same broker you would use to buy a stock or mutual fund to buy shares in a gold exchange traded fund, such as GLD and IAU on the New York Stock Exchange.
Gold futures are legally binding agreements for delivery of gold in the future at an agreed upon price.
An investor can exchange a futures position for physical gold, referred to as EFP (Exchange for Physical).

Many advisers believe that gold, and other precious metals and commodities, deserve a spot in your investment portfolio because they act as a diversifier.
For more reading: The U.S. Mint does not sell investment gold directly to the public, but it has information on where to find American Eagle coins here.
Many advisers believe that gold deserves a spot in your investment portfolio because it is a diversifier.
SEHK intraday data is provided by SIX Financial Information and is at least 60-minutes delayed.
The World Gold Council, an industry trade group, also hosts a wealth of information.
Now, thanks to exchange-traded funds, gold-vending machines and jewelry swaps, investors have more ways to buy and sell gold than ever before.
In times of financial panic, inflation, and even deflation, people come out of the woodwork touting the safety of owning gold.
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And finally, for those who want the finest investment-grade gold bullion bars available, we proudly offer the exclusive Monex-certified 10-ounce gold bullion ingot…composed of pure .9999 (or "four-nines") fine gold bullion—among the purest gold bullion bars available to investors today.
Gold bullion bars are real, tangible assets, and throughout history, have been an ideal store of value and an excellent hedge against inflation, deflation and political uncertainty.
Also available from Monex is the 32.15 troy ounce gold “kilobar”…a one kilogram bar of fine gold bullion of at least .999 purity.
Call a Monex Account Representative today to discuss how a gold bullion investment could and possibly should become part of your investment portfolio.
The 10-ounce gold bullion bar of at least .995 fine purity is the standard industry unit.
Although these solutions can’t, in my opinion, be considered as safe as bullion directly held, nevertheless they offer much more independence from the financial system than various ETFs and closed-end funds available through your brokerage account.
For basic bullion products (as opposed to collectible coins), I suggest a well-established dealer that does large amounts of business at low prices.
Dealers like Apmex sometimes carry these larger sizes, but for large volume, an institutional dealer like Scotia Mocatta is a good source.
Some hybrid options are also available, which allow something like direct physical ownership of bullion with much of the convenience of an online brokerage account.
Gold bullion coins are issued by government mints and are legal tender in the country in which they are produced, and thus, the coins’ face value, metal purity and metal content associated with your gold coin investment are guaranteed.
Monex Account Representatives are well-versed in the many intricacies of buying and selling gold bullion, and as such can help match investors with the appropriate size and type of gold bullion investment that’s right for them.
As an alternative to investing in gold through the purchase of gold bullion bars, gold bullion coins offer another way to own pure gold bullion that is easy to buy, hold, divide and trade.
Gold bullion bars are available in standard 1-troy ounce, 10-troy ounce and 32.15-troy ounce (or “kilo-bar”) sizes, as well as in larger 100-ounce and 400-ounce bar sizes.
When purchasing gold bullion bars, it is important to understand that gold bars are available for purchase in many different sizes.
Purchasing gold bullion bars can be an effective method to acquire gold assets at a relatively low cost per troy-ounce of the metal.
Additionally, investors should expect to pay an assay fee when buying or selling gold bullion through a dealer to ensure the purity and authenticity of the asset.
Most modern gold bullion coin issues contain exactly 1-oz, ½-oz, ¼-oz or 1/10-oz of pure gold in each coin, while older issues contain other fractional amounts of pure gold.
You’ll see why Monex has been America’s trusted name in precious metals for over 40 years, and where to buy gold bullion in a way that is fast, easy and reliable.
Gold bullion bar prices generally include a small premium over the spot gold price to cover the manufacturing costs of the bar.
When purchasing and selling gold bullion it is important to understand that the transactions are taxable events.
As a result, older issue gold bullion coins tend to be more difficult to price.
While gold bars and bullion can be produced in many different ways and in almost any quantity, gold coins will always have a relative scarcity.
These mints are often used to produce the country’s circulating coinage while many mints today also produce gold bullion coins with high precious metal purities for investment purposes.
If you prefer to own bullion that is produced by the most trusted mints in the entire world, gold coins are an optimal choice.
Because of this they are limited to only producing gold bullion bars or rounds as opposed to coins.
The price that we sell our gold bullion products at will most always be calculated by using spot price and adding on a premium.
When buying gold bullion online, one of the most important factors in determining the price of an item is the current spot price of gold.
A premium is simply the difference between the spot price and the sale price of a gold bullion product.
Whether you are interested in a fractional gold coins or several ounces at a time, gold coins will help to accomplish your goals in gold bullion.
Gold coins do cost more than gold bars in most cases, but much, if not all of this cost is recovered in their typical sell value.
Because gold spot prices change constantly, so to does the price of physical gold bullion.
Gold coins are perhaps the most recognizable staple in the gold and silver bullion industry.
Beyond this, coins also offer the peace of mind that comes along with knowing your gold was minted by a well known and respected mint, like the US Mint or the Royal Canadian Mint.
Gold bars are what most people think of when they consider gold bullion, and with good reason.
Gold coins also serve as legal tender in almost every nation in which they are produced, whereas gold bars do not.
There are a number of Mints who produce gold bullion in coin and bar form.
Gold bullion is real, and you will feel the natural worth and value when you hold it in your hand.
Gold bars tend to be purchased strictly by investors whereas coins have a following of investors and collectors alike.
On top of this data, we also offer historical gold charts where investors can view 1 month, 3 month, 6 month and 1 year price charts as well as select their own custom date ranges.
Gold bars are a primary choice because they offer the most pure, real gold per dollar.
Our two most popular portfolio inclusions at this time are contemporary gold bullion coins and historic pre-1933 gold coins (the low-premium variety that track the gold price).
This website offers a significant amount of information on gold ownership to help first-time investors.
If you would like to gain a more comprehensive introduction to buying gold coins and bullion, we offer the widely-read book, The ABCs of Gold Investing: How to Protect and Build Your Wealth With Gold.
Prepare a list of questions you would like to have answered by one of the firm’s expert gold ownership consultants.
For beginners, our Q&A section, What you need to know before you buy your first ounce of gold, provides a quick and helpful introduction to gold ownership.
We think you will find our low-key, no-hassle approach conducive to your making good decisions about gold ownership.
(Note: USAGOLD has been awarded the Better Business Bureau’s Gold Star Certificate, its highest accolade.
The old adage still applies: "Put 10% of your money in gold and hope you never need it." Recently, CNBC television commentator Jim Cramer strongly advocated a 20% diversification.
The following guideline is the result of our experience helping thousands of investors make their initial gold purchase.
Decide how much of your overall portfolio should be committed to gold coins and bullion.
Frank Holmes, CEO of U.S. Global Investors, says gold prices historically move 2.5% higher as India and China enter their wedding and festival seasons, which boosts gold jewelry demand.
Michael Crook, vice president and strategist at Barclays Wealth, believes that prices will fall to $800 once the crisis premium comes out of the market, and investors buy equities rather than gold.
Gold prices — which are trading at $1,216 an ounce — have climbed more than 8% year to date, with many analysts predicting a big rally in September.
Despite intermittent profit-taking as investors look to sell gold to raise cash, the trend points to long term four-digits prices.
"Every day we stay above $1,000 the stronger that floor becomes," says David Morgan, founder of "I just don’t see gold with all this going on in the markets right now, worldwide, globally getting below the $1,000 level.
Many predict analysts gold prices can rise to their inflation-adjusted price of $2,300 within a few years.
NEW YORK ( TheStreet ) — Gold prices popped $17 Thursday, which has many investors wondering if it’s too late to invest in gold.
Scott Redler, chief strategic officer of, is looking for $1,300 gold while James Rogers is looking for prices at $2,000.
Others like author Mike Maloney argue that gold will cover all the money in circulation, including credit, and climb to $15,000 an ounce.
This week, British pawnbroker Albemarle & Bond’s (ABM:LN) stock fell the most since 1995, according to Bloomberg News, after the company warned that its gold-buying unit may experience lower profit in the face of weaker gold prices and fewer clients with jewelry to sell.
How have small businesses dealing in gold fared during the recent plunge in gold, as prices dipped below $1,400 an ounce? Public-facing buyers large and small are generally regulated at the state level, by consumer affairs law, and nationally, by anti-money laundering provisions in the Patriot Act.
William Nefsky, a precious metals consultant in Atlanta, says the plunge in gold prices shouldn’t squeeze out gold-buying storefronts because they pay sellers one-fourth to one-half the prices they charge buyers.
Cash-for-gold shops aren’t going to vanish entirely, says Cecilia Gardner, CEO of the Jewelers Vigilance Committee, a self-regulatory organization for the jewelry industry.“There have been gold-buying business from time immemorial,” she says.
During the recent gold rush, when prices surged from $900 to $1,800 an ounce over the course of three years, gold-buying businesses seemed to crop up everywhere.
Others, such as former Congressman Ron Paul and Anthem Blanchard, chief executive officer of gold bullion dealer Anthem Vault in Las Vegas, say recent declines have been driven by futures markets while demand for the physical product remains strong.
But the three currency-linked Gartman gold funds would each cost 0.65 percent a year, before trading spreads.
Today marks the launch of four AdvisorShares exchange-traded funds offering gold in currencies other than the dollar.
Noted commodity investor Dennis Gartman owned gold in yen terms in 2013, which turned out better than the 28% drop in the dollar-denominated SPDR Gold Trust (GLD).
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If you wanted to buy gold coins right now, for whatever reason, would you know where to shop? Oregon investors buy from Affordable Jewelry & Precious Metals more than all the other gold dealers in town.
When you are ready to purchase gold or silver in coin or bar form, please contact Affordable Jewelry & Precious Metals of Portland, Oregon.
Find Affordable Jewelry & Precious Metals stores in Downtown Portland at 304 SW Washington Street, East Portland at 10584 SE Washington Street or in nearby Tigard, Oregon at 8879 SW Center Street.
Shop around before you come to AJPM, and once you compare our prices, you will understand why so many metals investors consider AJPM to be the best place to sell gold in Portland or online.
Given the Russian central bank’s recent sale of gold, its first sale in a year, we sought perspective on central bank gold-buying trends from experts on the yellow metal.
World Gold Council executives told reporters on Wednesday that they aren’t adjusting 2013 forecasts for central bank gold buying.
Council data showed central bank buying down by over 90 tons, or 57 percent, from last year in the second quarter.
Collectively, central bank holdings are up about 1.7 million ounces this year, even though the pace of buying may have slowed compared to last year, said Sanchez.
“Overall, we would expect continued net central bank buying of gold,” Sanchez told IBTimes.
UBS analyst Joni Teves noted that central bank’s gold appetite remains intact but has slowed significantly from last year.
Sanchez pointed out first that Russian central bank holdings are up about 32 million ounces for the year to date, adding that the 12,000 ounces sold in September is a minimal amount.
Even though central banks are less fickle than most investors, since they buy gold to diversify reserves for the long haul, they may be waiting on more-stable prices, Sanchez said.
Analysts interviewed by the Wall Street Journal were more outspoken and bearish on what slower central bank purchases could mean for gold prices.
The latest council data projects central banks purchases of 300 to 350 metric tons this year.
Carter added that not enough is known about why and how central banks lease out their gold holdings, for their own opaque purposes.
We believe that miners provide opportunity to diversify one’s gold and silver portfolio, so it may be a good idea to purchase them in addition to owning physical metals.
They can also be successfully traded in addition to taking positions in the metals, because it is often the case that the short-term price swings in the miners are more volatile than the one’s seen in the underlying metals – in other words, at times, they can be traded even though metals don’t move much.
For long-term investors, the best way to make gold & silver investments is by buying physical gold, especially gold and silver bars and coins (and diversifying geographically).
But if you are simply looking to track the gold price, then ignore these numismatic coins and focus on those that offer the cheapest ‘premium’ over the spot price (this is the current price, the one you’ll usually see quoted on financial websites).
Go to Queen’s Road in Hong Kong’s Central District, and you’ll find well-known banks, such as HSBC, shifting gold coins for as little as 0.2% above the premium.
For free and impartial information on where and how to buy gold bullion coins and bars, see our comparison of leading gold brokers here.
We’ve always described gold as insurance, and if you think things could get to the point where all financial assets are essentially worthless, then having access to gold coins would be useful.
Whether you’re buying gold bullion, mining stocks or spread betting the gold price, here’s all you need to know about investing in gold.
There are many ways to invest in gold, from exchange-traded funds (ETFs) to gold stocks, but the simplest way is to just buy physical gold – or bullion – outright.
Some coins are more expensive than others because they are rare, beautiful or antiques – these are known as numismatic coins, and they have value as collectibles over and above their value as gold coins.
First produced in 1967, the one-ounce South African Krugerrand is the most common gold coin on the planet and so normally trades at the cheapest premium over the spot price.
An alternative way to buy physical bullion, and have it stored conveniently for you rather than taking delivery of it, is via a website which allows you to buy gold online.
Hong Kong is widely acknowledged as the cheapest place to buy gold coins.
Gold dealers make their money like anyone else – by selling for more than the market price, and buying for less.
You will not wait three months for an order like you do with other companies! We strictly observe our policy of shipping all orders within 3 business days of receipt of payment.
We will also generate a message to clients requesting feedback to If a client chooses to opt in to the review process, we will share only the client’s email address and order number.
(If for some rare and unexpected reason we miss this window, we will do all in our power to correct and amend.) When your order ships, you will receive an email with a tracking number.
When we receive full payment for your purchase, we will release this hold on your credit card.
At Birch Gold Group, we can help you determine if precious metals are right for your portfolio, and we are happy to go over all your investment options in greater detail.
Rated A+ by the Better Business Bureau, Birch Gold Group is the precious metals company of choice for people who appreciate the personal touch and believe that integrity is still important.
One of the single most important steps to investing in precious metals is to seek the guidance of a skilled and experienced gold advisor.
If you are curious how to buy gold, or you’re new to purchasing precious metals as an investment, then there are a few things you should know before getting started.
Gold bullion coins come in sizes starting as small as 1/25 troy ounce, 1/10 troy ounce, one quarter troy ounce, half a troy ounce, one troy ounce and as large as five troy ounce sizes.
For the small investor that is not looking to purchase gold that has numismatic value, gold bullion coins issued by a predominant country or respected private entity would be the ideal choice.
If you have decided to buy gold coins you now need to choose a coin dealer to purchase your coins from.
For example, an 1879 $20 Liberty gold coin minted in Philadelphia has 0.9675 Troy ounces of pure gold or AGW.
Gold bullion bars are sold by the troy ounce and are sold in common sizes of one troy ounce, 10 troy ounces, 100 troy ounces or larger sized gold bars.
Some gigantic novelty gold coins have been made that weigh up to one troy ton of gold.
Also, ask about any restrictions such as minimum amounts, accepted forms of payment (cash, bank wire transfer, cashier’s checks, personal check, company check, credit card, etc.) and when you will take possession of your gold coins.
Unlike the common U.S. gold coins described above, these are not intended for circulation and carry a high numismatic premium.
Another way to invest in gold is to buy United States gold coins that were minted in 1933 or before.
The United States mint continues to make commemorative gold coins and you can purchase them directly from The United States Mint.
This article will help you understand the variety of options that are available and different ways of how you can buy gold coins.
These include: U.S. Gold Eagles, U.S. Gold Buffaloes, South African Krugerrands, Canadian Gold Maple Leafs and Austrian Philharmonic gold bullion coins.
For example, the same 1879 $20 liberty gold coin (mentioned above) minted in New Orleans (1879-O) has a market value of over $23,000 in average circulated condition.
Before you buy these coins consult a book on foreign coins to determine the gold content and current market values.
Fortunately, many people did not turn in their gold coins and they are available today to collectors for not much more money than their gold content.
Roosevelt recalled all gold coins except those with numismatic value.
Knowing how to buy gold coins can provide you with diversification in your investment portfolio and the ability to build a collection of gold coins that you can enjoy.
Up until 1933, gold coins circulated freely in the U.S. economy until President Franklin D.
If you can’t store your gold coins in a safe deposit box at a bank you must take adequate steps to secure them in your home.
There are many gold coins that also circulated in foreign countries over the years.
Now that you have bought your gold coins and have taken physical delivery of them, you must protect your gold coins from fire and theft.
I am not an investment advisor, but this article will answer your questions on how to buy gold coins.
Knowing how to buy gold coins can also turn up some unexpected values.
There are many untrustworthy individuals that will give you advice on how to buy gold coins and sell them to you at the same time.
In other words, expect to pay a high premium over the spot price of gold that is contained within the coin.
Quite a few U.S. gold coins have very low mintages and high collector demand.