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Where Can I Buy Real Gold

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Secure Storage Is Necessary

How to spot FAKE GOLD | How to Check Gold At Home Easy

As gold bullion is valuable, finding a secure storage vault is essential to prevent theft or loss. You can store your gold at a home vault. Other investors prefer storing their gold in a dealers secure vault.

Off-site storage costs money and doesnt give you instant access to your gold if you need to sell it quickly.

What Form Of Gold Is The Right Investment For You

Gold comes in many forms, so one may be better suited for your investment strategy than another. You could purchase physical gold coins or bullion, but they must be stored in a secure environment. This may involve paying a broker, bank, or another firm a fee.

One of the benefits of investing in physical gold is that, if you need to cash it in quickly, you can. However, gold coins and bullion are often sold at a premium and bought at a discount, so you may not get the market price when you do need to sell.

Investing in gold securities is similar to investing in any other security, except prices may move with the stock market. For example, if you are investing in gold mining companies, the price of the stock may reflect the companys financial health and market position more than the price of gold. This can create a false sense of security if you are using it as a hedge against risk.

Best Comprehensive Offering: Apmex

APMEX

With more than 10,000 products to offer, APMEX makes our list as the online gold dealer with the best comprehensive offering.

  • Shipping can be slow

  • Prices tend to be higher than top peers

APMEX has built itself into a global precious metals powerhouse since its founding in 2000. It’s not surprising then that it has the largest selection of precious metals products, making it our choice as the online gold dealer with the best comprehensive offering.

In addition to a wide range of gold and silver bullion and coin products, APMEX also has an extensive selection of platinum, palladium, and copper products. Its coin selection is a virtual United Nations, representing coins from the U.S., Canada, Australia, South Africa, Mexico, and beyond. APMEX is also one of the best sources for collectors, offering a wide variety of coins and old banknotes.

While APMEX doesn’t have the lowest prices around, it’s significant sales volume allows it to be competitive. Using the Gold Eagle coin as a barometer for pricing competitiveness, APMEX is offering the 1 oz. coin for $2,053. That’s just 5% above the spot price of gold at $1,944, which is reasonably competitive. APMEX also offers bulk discounts on bullion and coins on purchases up to 19, 20 to 99, and 100 or more.

If you want your gold stored, APMEX will ship it to Citadel Gloval Depository Services, one of the world’s largest private storage facilities, for an annual fee.

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How To Choose A Reputable Gold Dealer

Unquestionably, a company’s reputation is the number one criteria by which to evaluate and compare gold dealers. The single best measure of a company’s reputation is its transaction history, which can be assessed by customer reviews. Companies with a large number of reviews are typically more established or have built up their trust and reputation through a greater number of transactions.

Additionally, you should look for the following when evaluating a dealer’s reputation:

Australian Gold Coins: Perth Mint Bullion

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The Perth Mint produces a bullion coin called the Australian Gold Nugget. It is part of the Gold Nugget series introduced in 1986. From 1986 to 1989, the reverse of the coin depicted a variety of Australian gold nuggets. In 1989, the design started to feature kangaroos, the internationally recognized symbol of Australia. These coins are used as both legal tender and bullion coins.

Each year brings a new design of this 24 karat coin, which means the numismatic value of certain coins may actually exceed the value of the gold they contain. They are minted in denominations that include 1/20 oz, 1/10 oz, ¼ oz, 1 ounce, 2 ounce, 10 ounces and 1 kilogram. The Perth Mint even created a one tonne coin in 2011 with a face value of $1 million! This creation broke the record for the largest and most valuable gold coin ever. There are also Australian Gold Lunar bullion coins, with .9999 purity, that feature animals from the Chinese calendar rather than the traditional kangaroo.

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Best Overall: Money Metals Exchange

Money Metals Exchange

The combination of highly competitive prices, low shipping costs, vast product selection, and an exceptional customer experience lands Money Metals Exchange on our list as the best overall online gold dealer.

  • Free shipping on orders of $500 or more

  • Prepackaged starter portfolios for beginning investors

  • Winner of “Bullion Dealer of the Year”

  • Automated monthly savings plan

  • Low purchasing limits for check and PayPal payments

  • Shipping can be slow

Founded in 2010, Money Metals Exchange has quickly amassed a customer base of more than 100,000 U.S. customers. Its customer-centric focus has translated into highly competitive pricing, personalized service, a pathway for new investors, and one of the best online reputations, making Money Metals Exchange our choice as the best overall online gold dealers.

Recognized by Bullion.Directory as the “Bullion Dealer of the Year” in 2015, Money Metals offers the full gamut of precious metals products, including gold, silver, platinum, palladium, rhodium, copper coins, and bullion. They also offer a variety of concentrated diamonds.

Money Metals locks in your price for 10 minutes to allow you to finish entering your information and payment method.

Shipping is free on all orders over $500, which is not such a high bar considering the cost of gold. For orders up to $149, the fee is $6.97, and it’s $9.97 for orders between $150 and $499.

How Do Silver And Bitcoin Compare To Gold

Between the two, silver is much more similar to gold than bitcoin, but all three share a common trait as market or inflation hedges. Like gold, silver can also be used to make products or worn as jewelry. Bitcoin is a much newer asset, and without the centuries of data to draw on, its viability as a hedge is highly speculative compared to gold.

Also Check: How Much Is 3 Grams Of 10k Gold Worth

Gold Bullion Bar Refineries/mints

The primary benefits to gold bullion bars for gold buyers are diversity and affordability. Gold bullion bars have lower premiums over the spot price of gold when compared to gold bullion coins, and the variety of options is far more diverse. Gold bullion bars are available not only in the aforementioned weights, but also styles including cast, hand-poured, and minted ingots. Gold bullion bars are struck continuously to meet the demand for gold, with the following refineries and mints representing some of the greatest refiners of gold bars:

American Gold Eagle: The Official Us Coin

How to Avoid Buying FAKE GOLD Coins Online!

The official gold bullion coin of the United States is the American Gold Eagle. In 1986, the U.S. Mint first released eagles in accordance with the Gold Bullion Act of 1985. Often the weight is used to describe these coins because the term eagle was the U.S. designation for ten dollar gold coins distributed prior to 1933. Lady Liberty appears on the obverse of the coin. The reverse features an eagle carrying an olive branch. He is flying over a nest with a female eagle accompanied by hatchlings. The U.S. government guarantees the current eagles contain an accurate amount of gold weight in troy ounces or units. These are available in denominations of 1/10 oz, ¼ oz, ½ oz, and 1 oz gold coins. The face values are $5, $10, $25, and $50 USD. While eagles are legal tender, their intrinsic value is far greater as based on their troy weight and the current prices of gold.

The gold in these gold eagle bullion coins comes from American sources. It is alloyed with copper and silver for durability. Crown gold refers to 22 karat alloy, per the English standard, which has not been used in the U.S. since 1937. American eagles contain a gold fraction of .9167, which is authorized as 22 karats, with 3% silver and 5.33% copper. Un-circulated and proof versions, which are produced at the West Point Mint in New York, are available for coin collectors. The eagles minted from 1986 through 1991 feature the date in Roman numerals. Now Arabic numbers designate the date on these coins.

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Is Buying Gold Online Safe

Buying gold online is as safe as any other transaction you make over the internet as long as you know you’re dealing with a reputable company. The best dealers use SSL encryption and are PCI compliant. Plus, all their shipments are insured for their full value.

The most significant risk you face is purchasing from an illegitimate company that sells fake products, overpriced inventory, or simply runs off with your money. As with any online purchase, you are your first and last line of defense against scammers. You need to do your due diligence on gold dealers by researching them online.

What Are The Other Ways To Buy Gold

At The Gold Bullion Company, we sell physical gold bullion. You can choose to have it delivered or come and collect it from our offices. Whichever way you choose, its clear that your money is tied to a specific amount of physical gold which you have the option of holding in your hands at any time.

Other people choose to buy gold through financial products. Investment vehicles allow people around the world to trade the precious metal on the commodity markets. In most cases, the physical gold thats being traded here will never actually change hands, instead pieces of paper and electronic records keep track of ownership.

Products like futures allow investors to make deals that bet on the change in the gold price at a certain point in the future one way or the other. You will never even own the physical gold!

As with most things financial, the gold markets are complex. For us, the best type of gold to buy is physical gold bullion. The precious metal has been loved for centuries as a safe haven in which to grow and store wealth and physical bullion best reflects these qualities today.

Holding gold as a physical commodity is in many ways fundamental to its appeal. Gold bars dont rely upon the physical or economic security of another person or organisation to protect their value. Its all about your own personal physical gold investment.

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Safeguard Your Assets By Investing In Coins Bars And Rounds

Live Gold Price

12 Month Chart

Owning gold means having a valuable asset to protect your wealth and purchasing power for years to come. Investors invest in or buy gold to help guard against inflation and financial turmoil. Because it is inversely correlated to many other asset classes, it is a necessary part of any balanced investment portfolio. It is more than a commodity it is a better, more stable form of money that has been used for thousands of years. Its something everyone should own from seasoned investors to regular people looking for financial security.

Know The Difference Between Bars And Coins

Where can I buy counterfeit money

While all forms of pure gold have significant monetary value, not all investment-quality gold is equal. From an investment perspective, investors wanting to add the physical product that tracks the price of gold may wish to avoid gold coins. These coins often feature attractive designs, have historic value, and contain a lower quantity of gold, but still, cost more due to their numismatic value.

In addition to costing more, gold coins sometimes skew the value of an investors portfolio. For example, the highly regarded American Eagle coin produced by the U.S. Mint contains 91.67% gold but costs more than plain gold bars because of its value as a collectors piece. Some investors may want collector’s items, while others may want plain gold bars, which typically are the easiest to hold long term and convert to cash.

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Doesnt Earn Passive Income

Gold coins only appreciate in value when the price of gold or its collectible value increases. Stocks, bonds and savings accounts can earn passive income through dividends.

As the spot price for gold fluctuates, it can take years to sell your coins for a profit if gold investments enter a recession.

Gold Bullion: Bars Rounds & Coins

Gold Bullion Bars

A flat bar struck using .999+ pure gold is known as a gold bullion bar. Ranging from 1 troy ounce to even 32 troy ounces, gold bars are available in various sizes. However, 1 gram, 1 oz, 100 gram and kilo size remain the most common weights available in the bullion market. Their popularity stems from the fact that they are worth very close to their gold melt values making them a solid investment choice.

Even though gold bars were usually struck by private mints, government mints have also started to strike gold bars for sale to the public as well.

Gold Bullion Rounds

Gold bullion rounds are flat, disk-shaped pieces of .9167+ pure gold. Although their weights may range from fractions of a troy ounce to 5 troy ounces, 1 oz gold rounds are far more popular than their heavier and lighter counterparts.

Gold rounds are generally struck by private mints, and they are worth close to their melt value as well, making them popular choices for investment.

Gold Bullion Coins

Gold coins are also flat, disk-shaped 0.999+ pure gold pieces. However, most gold coins, unlike gold rounds, carry an official face value in the country of issue. These investment instruments carry one of the highest premiums over the spot price of gold due to collector demand and official recognition from sovereign governments.

Some factors that need to be considered while comparing these gold instruments are:

1. Premium over Spot

2. Purity

3. Susceptibility to Counterfeit

4. Stackability

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Frequently Asked Questions About Buying Gold In Canada

  • How do I store my gold?

    Once youve purchased your gold, youll also need to find a safe place to store it. There are several options to consider, including the following:

  • Bullion dealers. Many gold dealers will also offer a storage service where you can keep your gold bars or coins for a fee, so ask about the storage options available when you make your purchase.
  • Safety deposit boxes. You can rent a safety deposit box at a bank to securely store your gold bullion.
  • Secure vault storage. For high-level security, you may want to research vault storage companies near you and the storage options they offer.
  • At home. You can also choose to store your gold at home. This obviously may not be as secure as some other options, so you may want to get a home safe installed. Youll also need to update your home and contents insurance to make sure your precious metal is covered by your policy .
  • Do banks sell gold?

    Some banks do sell gold to customers, but many do not. Canadas Big 5 banks TD Canada Trust, CIBC, BMO, RBC and Scotiabank all sell gold and other precious metals. If youre interested in buying from a bank, talk a local bank representative to find out what your options are, and make sure your investment comes with a secure way of storing your precious metals. Youre also more likely to get a better price if you are a customer of the bank youre buying gold from.

  • Disclaimer:

    How & Where To Buy Gold Bars

    How to buy Gold and Silver Locally

    Jeff Clark, Senior Analyst, GoldSilver

    If youre looking to invest in physical gold at the lowest possible price per ounce, theres no better choice than gold bars. Coins may be more attractive, but all that manufacturing and packaging comes at a price. Gold bars, on the other hand, are the stalwart of the industry, what everyone from average investors to central banks buy and store. In other words, you cant go wrong buying gold barsprovided you follow four tips including where to buy gold bars.

    In this gold bar buyers guide, well cover:

    • Why buy gold bars?
    • How to buy gold bars?
    • Where to buy gold bars
    • Which gold bars to buy

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    Canadian Gold Coins: Beautiful Works Of Art

    The Government of the Dominion of Canada issues the Canadian Gold Maple Leaf annually, which is produced by the Royal Canadian Mint. As legal tender, the face value is 50 Canadian dollars. The content is 24 karat with a fineness of .9999. The standard Canadian coin weighs 1 troy ounce. Denominations include 1 gram , 1/20 oz , 1/10 oz , ¼ ounce and ½ oz . The obverse features a profile of Queen Elizabeth II of Canada with the Canadian maple leaf on the reverse. As of 2015, the coin also has security features.

    Specialized Maple Leaf coins are also available. One has a face value of $1 million. Another special issue contains .99999 gold weight, referred to as Five Nines. Maples are soft and can show handling marks quite easily. A bimetallic maple leaf with a bullion finish was released from 1979 through 2005. These coins were packaged in a black leather case and the collection was meant to commemorate the Royal Canadian Mint.

    How To Invest In Gold: An Investors Guide

    From the time of ancient civilizations to the modern era, gold has been the world’s currency of choice. Today, investors buy gold mainly as a hedge against political unrest and inflation. In addition, many top investment advisors recommend a portfolio allocation in commodities, including gold, in order to lower overall portfolio risk.

    We’ll cover many of the opportunities for investing in gold, including bullion , mutual funds, futures, mining companies, and jewelry. With few exceptions, only bullion, futures, and a handful of specialty funds provide a direct investment opportunity in gold. Other investments derive part of their value from other sources.

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