Disclaimer: Many or all of the companies listed here may provide compensation to us. This is how we maintain our free service for consumers. Compensation, along with hours of in-depth editorial research, determines where & how companies appear below.
Gold, silver, and platinum are all valuable metals that have historically maintained their price. But with so many different dealers of gold and silver popping up these days, how do you know which place to trust?
The answer is simple. You can't trust any blindly. Yes, there are indeed some companies out there that will sell you gold and silver at fair prices with minimal fees, but you need to research first.
What Factors Should You Consider When Choosing a Place to Buy Gold and Silver?
When choosing a place to buy gold and silver, there are several factors to consider to ensure that you make a wise and informed decision.
Choosing a reputable dealer or retailer is important, as this will give you peace of mind and confidence in your purchase. Look for a company with a long track record and good customer reviews. Consider the range of products available and the purity and quality of the gold and silver being offered.
It can also be helpful to choose a retailer that offers a variety of sizes and denominations so that you can find the right fit for your investment needs.
Look for a retailer that offers competitive pricing and is transparent about their fees and markups. Be aware of any premium charges, as these can significantly affect the overall cost of your purchase.
Consider available payment options, such as cash, check, credit card, or wire transfer. Some retailers may have minimum purchase requirements or charge additional fees for certain payment methods.
If you are planning to have your gold and silver delivered, make sure the retailer offers secure and reliable shipping options. Consider the storage options available, such as keeping the metals in a bank or at a third-party storage facility.
It is important to understand the return policy of the retailer in case you need to return or exchange your purchase. Look for a retailer that offers good customer service and is willing to answer any questions or concerns you may have about your purchase.
Make sure the retailer provides certification for the gold and silver products they sell, such as a hallmark or serial number. This will help ensure that you are buying authentic, high-quality products.
Consider the piece's provenance if you are interested in purchasing antique or collectible gold and silver items. Look for a retailer that can provide information about the history and provenance of the item, as this can affect its value.
Be aware of local or national laws that may affect your purchase or ownership of gold and silver. This could include taxes, import duties, or restrictions on certain types of metals.
Consider the political stability of the country where you are purchasing gold and silver, as this can affect the security and value of your investment.
Keep an eye on the market conditions for gold and silver, as this can affect the price you pay for your purchase. It can be helpful to research and stay informed about trends and forecasts in the market.
Ultimately, deciding where to buy gold and silver will depend on your personal preferences and financial goals. Consider what is most important to you and make a decision that aligns with your values and priorities.
After considering all the mentioned factors, we came up with a list of five companies that will guarantee good deals while purchasing gold and silver.
After investigating, we found Goldco, an online marketplace that provides gold and silver products from trustworthy and reputable vendors. Goldco has a wide range of products, including fine jewellery, coins, bars and ingots.
The company is a reputable and professional seller and can provide the necessary certification and details about each product they sell.
Goldco offers various payment methods, from credit and debit cards to wire transfers. It also offers 24/7 customer service, as well as a guarantee that guarantees the security of your purchase.
The company has an excellent track record, with several years of existence under its belt. It is fully compliant with all local and national laws, allowing them to offer customers peace of mind in making purchases with confidence.
The company is trustworthy and has numerous positive reviews from previous customers. The company employees are happy to answer any questions regarding their products and are dedicated to offering the best possible service.
Why We Chose It
Goldco has a positive reputation amongst customers and even a few legitimate buyers who wrote reviews online. It also provides reliable and valid certifications on all its products, which can help decide whether to buy more information.
Augusta Precious Metals is an online marketplace for precious metals. The company has several locations in the US and offers a wide range of products, including gold, silver, platinum and palladium.
The company offers competitive pricing on all its products and allows you to choose the price at which you want the items you purchase to be delivered. Augusta Precious Metals also offers a variety of payment methods, including wire transfers, checks or cash payments.
The company has a simple refund policy that allows clients to receive full refunds within seven days of purchase. Augusta Precious Metals also provides certified images of all its gold and silver products that can be viewed before purchasing.
The company's online storefront is easy to navigate and offers plenty of helpful information about its products. The company also makes available several guides to investing in precious metals for those on a budget.
The company has no negative complaints from clients, although some customers have mentioned a few inconveniences. Customers must pay by check to receive the lowest prices, and depending on where you live, there may be a small shipping fee.
Goldco helps clients protect their retirement savings by offering insurance services through Sure Deposit. This is a safe and secure method of storing your gold. It is flexible, as clients can take advantage of physical delivery or account credits 100% insured by the Federal Deposit Insurance Corporation and the National Credit Union Association.
The company is one of the leading providers of high-quality precious metals and offers a wide range of products for both new and established investors. Augusta Precious metals are also one of the few companies that offer insured precious metals, although their service comes at an additional cost.
Since its start in 2006, Augusta Precious Metals has grown to become one of the most trusted companies in the industry. It is a member of the American Numismatic Association and subscribes to its code of ethics.
Why We Chose It
We chose Augusta Precious Metals because of its high ratings and positive reviews. The company is also one of the few that offers an insurance program for customers who wish to protect their investments. The company staff members are always ready to discuss any questions you may have and are dedicated to providing first-class customer service.
American Hartford Gold is an online precious metals retailer that sells gold, silver and platinum online. The company has been selling precious metals since 1996 and is a trusted provider of high-quality products.
American Hartford Gold provides competitive pricing and guarantees your satisfaction. The company also offers several payment options, including credit cards and PayPal. The site accepts international orders and provides a wide variety of products that can easily be purchased using the website's interactive product catalogue.
The company provides cost savings for new customers with its "Better Value Plan." It allows you to take advantage of free shipping, which saves you on costs associated with shipping.
Premium members are entitled to exclusive discounts and prices on all their purchases from American Hartford Gold. The company also offers several webinars that teach precious metals investing and explain the process of purchasing gold.
American Hartford Gold helps customers protect their retirement by offering gold insurance through Sure Deposits. It is a safe and secure way to store your gold for years to come. The service comes at no cost to the customer and is protected by federal safety agencies.
American Hartford Gold has a simple return policy where the customer can receive a full refund within 30 days of purchase. The company also provides audited gold and silver products that have been verified by a third party to ensure they are 100% authentic. The products offered by the company are made in the USA, and it is one of the few precious metals providers that offer a lifetime guarantee on all its products.
American Hartford Gold offers several educational videos to help investors understand how precious metals work. The videos feature brand-name experts explaining important concepts related to buying and selling gold and silver.
The company also offers live support, which allows clients to speak with real agents at any time of the day or night.
Why We Chose It
We chose American Hartford Gold because of its high ratings and positive feedback from customers. The company also offers free shipping on all orders, saving precious metals investors money when purchasing bulky items such as gold bars or ingots. If you're interested in buying bullion coins, it is one of the few companies that sell them.
#4. Birch Gold Group
Birch Gold Group is a precious metals dealer that offers its clients gold and silver investment solutions. The company has several years of experience in the precious metals industry, which gives it plenty of expertise in selling coins, bars and jewellery.
Birch Gold Group is a fully insured company featured on national television and news sites such as The Wall Street Journal, Fox Business News and Forbes. Many of its agents are also Certified Financial Planners (CFP) or Chartered Financial Analysts (CFA). This means they can provide customers with more detailed advice on investing in gold, including retirement plans.
Birch Gold Group offers competitive pricing and bulk discounts to customers. It also offers a 100% lifetime satisfaction guarantee on all products purchased from Birch Gold Group. The company also provides customers with third-party reviews from customers who have purchased its products.
Birch Gold Group provides a simple, fast and informative checkout process for individuals and businesses. The site features a secure electronic vault that securely stores all your metals in your possession and under lock and key in case of any problems.
The company is committed to providing first-rate customer service, which is why it partners with Escrow to ensure that all its products are secure and protected.
Birch Gold Group offers detailed guides on investing in precious metals, educational information and helpful tips. The company also provides current market analysis and free live-streaming quotes on its website.
The company has a price match guarantee that allows customers to get a refund if they find their products cheaper elsewhere. However, Birch Gold Group will ensure you get the best price possible with its competitive pricing structure and bulk discounts.
Why We Chose It
We chose Birch Gold Group because it is one of the largest precious metals dealers in the industry, which means it has extensive expertise and is trusted by thousands of clients. The company is also a member of NACM, which gives you peace of mind knowing your money will be protected with an insurance plan.
#5. Noble Gold
Noble Gold is a dedicated company that offers precious metals to clients, such as gold and silver coins and bullion. The company has been in the precious metals industry for less than a decade, but its owners have extensive experience buying and selling gold.
The company offers a complete online shopping experience that allows you to view and order products even if you cannot visit a physical location. It also sells precious metals online at competitive prices.
Noble Gold's website is easy to navigate. It offers numerous detailed articles about the history of gold and tips on diversifying your portfolio of precious metals with the Web-based trading platform. The company also features detailed third-party reviews on its website.
Noble Gold provides a complete suite of services, including a secure, insured online vault and insurance and returns protection if you're unsatisfied with your order. The company also offers third-party referrals, where customers can review the products they purchased and recommend them to others.
The company is committed to helping its customers save money while they invest in gold. Noble Gold offers competitive pricing, including its unique bulk discount system based on area code.
Why We Chose It
We chose Noble Gold because the company offers an easy-to-use, secure online shopping experience with various high-quality products. The company also provides tools that help investors manage their investments responsibly and understand how precious metals can improve overall health and wellness.
Frequently Asked Questions
What is the best way to invest in gold?
You can buy a partial one-ounce gold coin and invest in fractional gold coins or gold bars. Understanding how these products differ is important so you can make sound investment choices. For example, it may be wise to purchase fractional coins over bars because they are more portable and require less storage than bigger bars.
What is a good way to protect my investments?
If you want to protect your investments and ensure they maintain their value, you should store them in a secure lock box or safety deposit box at your bank. Although there are cheap ways to store precious metals, it's important to understand the pros and cons of each method before investing.
There's no shortage of companies that offer precious metals for investing purposes. Goldco is our top choice because the company offers a high-quality service at a fair price. You can visit the company's website or call the customer service number to place an order over the phone. There are also third-party reviews on third-party sites such as Google and Yahoo if you want more information about a gold investment before buying.