For those looking to diversify their investment portfolio, physical gold can be a valuable asset. Gold bars and coins are popular choices, but where should you buy them? Here are some of the best options to consider:
* **Online Gold Dealers:** Reputable online dealers offer a wide selection of gold bars and coins at competitive prices. Look for dealers with transparent pricing, secure shipping, and positive customer reviews. Examples include APMEX and JM Bullion.
* **Local Coin Shops:** Coin shops offer a more personal buying experience. You can inspect the gold before you buy and build a relationship with a dealer. However, prices may be higher than online retailers.
* **Bullion Exchanges:** Bullion exchanges facilitate the buying and selling of precious metals. They often offer lower premiums than retail dealers, but may require larger minimum purchases.
* **Banks:** Some banks offer gold bars and coins for sale, but this is becoming less common. Check with your local bank to see if they provide this service.
Before buying gold, research the current market price and compare prices from different sources. Always ensure the dealer is reputable and offers secure shipping and insurance. Consider your budget and investment goals to determine the appropriate amount of gold to purchase.
Buying Gold: Best Options for Bars and Coins
Interested in investing in physical gold? From online dealers to local coin shops, several avenues exist for purchasing gold bars and coins. Each option offers different advantages and disadvantages regarding price, security, and selection. This guide explores reputable sources to help you make an informed decision when buying gold.
Source: Read the original article at CBS