Whether it is your first time buying gold or you already have an established portfolio, it is always advised to research the market and dealers before investing. Understanding the spot price of gold at the time of buying is essential to identifying what premiums you can expect to pay. The price of gold bullion products is usually determined according to a quoted percentage mark-up over the current spot price.
Obtaining information from reliable sources about buying gold can be helpful in making educated investment decisions. These are a few things we advise individuals to consider before buying gold in Lorain, OH:
How should you decide whether to buy gold coins or bars in Lorain? There are few differences between these two popular types of physical gold, the most obvious being their form. Gold coins are sold as 1-oz pieces, whereas bars can be 1-oz, 100-gram, 10-oz, 100-oz, or kilo pieces.
Individuals choose to buy 1-oz coins for their flexibility and ease of liquidating as a short-term investment. However, if you are looking for long-term holding or IRA investments, bars are advised for their marginally lower premiums and ease of storing large quantities in secure places.
These are some of the popular gold coins and bars we sell to Lorain investors:
Since 1973 we have been a dealer of choice among US residents looking to make precious metal dealers with a reputable dealer. We are not only committed to providing investors with an attractive variety of precious metal investment options but also offer client-specific and unbiased advisory.
Are you looking to buy gold bullion in Lorain? Call us for these reasons:
Call CMI Gold & Silver Inc., the oldest bullion dealer in the US, at 800-528-1380 for valuable investments in gold bullion coins & bars. We look forward to guiding you towards valuable investments in gold bullion suited to your portfolio objectives.