Gold has always been a popular option for storing wealth. Because of its perpetual shelf life (gold is indestructible) and limited, predictable supply (virtually all of the gold produced through history is still in circulation, and gold mines only add 1-2% to the total stock to the stock market every year), gold maintains its purchasing power over the long-term. Buying and selling gold is a great way to enrich your investment portfolio.
Due to these factors, investors typically see gold as a safe haven in times of economic crisis. Just look at 2023, when the price of gold skyrocketed as high as 40% in the six months after the Federal Reserve made emergency rate cuts in an attempt to contain the economic fallout from the coronavirus.
Silver is also seen as a safe haven, although perhaps not as safe as gold. Unlike gold, silver is used in a lot of industrial applications–such as semiconductors, solar panels, and medical devices, which severely limits the supply of silver available for investment. As a result, the silver price is subject to more extreme fluctuations than gold. In other words, silver has a higher risk/reward ratio.
If you’re thinking about investing in silver and gold, there are a few different ways you can go about it. You can purchase shares of mining companies that produce gold and/or silver; purchase shares of an exchange-traded fund (ETF) that tracks the price of gold or silver; or actually buy physical gold or silver bars or coins (known as bullion). The purpose of this article is to help you find the best place to buy gold and silver online.
Buy Gold and Silver Coins (BGASC) is one of the largest and most trusted precious metals dealers in the US. With very competitive prices, no order minimum, and free shipping on deals of $5,000 or more, you can snag a pretty good bargain. BGASC aims to always be in stock, ship fast, and provide its customers with stellar customer service. You can choose from a variety of gold and silver bullion coins, bars, and rounds, among other products, and purchase on the website or on the phone with a consultant.
Located in Burbank, the Birch Gold Group was founded in 2003, and has since become a leading precious metals dealer in the US. Birch Gold Group provides personal care to its customers and seeks to empower them with knowledge. You will be assigned a specialist who will answer every question you may have. Birch Gold Group offers a selection of gold, silver, platinum, and palladium in the form of coins and rare coins, bars, and even Valcambi CombiBars (which have more flexible resale options). You can also screen products for only IRA-eligible ones. Once you make a purchase, you’ll be able to choose from several storage and insurance plans.
Based in Oklahoma City, APMEX is one of the world’s largest online retailers of precious metals, with more than $11 billion in transactions since its founding in 2000. It serves a wide range of customers, from collectors to investors to wholesale dealers. APMEX offers a wide range of payment options, from credit/debit card to PayPal to bank wire to Bitcoin. It also offers free shipping on all orders over $99, which as we mentioned earlier is as good as it gets.
Silver Gold Bull is a BBB A+ rated dealer situated in Las Vegas. Its website offers a large selection of gold and other precious metals in bars and coins, as well as other collectibles and jewelry. Their best price guarantee policy says you’ll always get the most competitive prices. Aside from purchasing items on the website, you can also sell your items to Silver Gold Bull for competitive rates. Silver Gold Bull offers free shipping on all orders over $199.00, with your precious metals delivered fully insured and straight to your door. Alternatively, you may use their Silver Gold Depository storage services.
BullionMax is an online gold and silver seller, with an “A” rating on the Better Business Bureau. You can buy coins, bullion, rounds, and bars through their secure site. The company offers free shipping on orders over $199. Though the brand has great deals, keep in mind that spot prices change due to precious metal market fluctuations. So, prices are locked for only 10 minutes while they’re in your cart.
JM Bullion is an exclusively online retailer that offers gold and other precious metals products established in Dallas in 2011. In addition to gold bars, it offers a fantastic selection of limited coin mintages and collections. For example, when we last visited the site it was offering the new Nevada Goldback gold notes, Halloween-themed silver bullion, a unique Australian animal collection from the Perth mint, and the beautiful Wild Canada series of silver coins. The JM Bullion website also has a page highlighting the best weekly deals, and even offers junk silver coins.
Founded in 2010, Money Metals Exchange is a fast-growing private dealer of gold and other precious metals. It is the best place to buy gold online if you only want to invest in small increments. That’s all thanks to its monthly gold/silver savings plan, which lets you automatically purchase a small amount of gold and silver for as little as $100 per month. Money Metals will deliver the gold bullion and silver directly to you, or you can store your metals at its secure depository.
Founded in Ottawa Lake, Michigan in 2011, SD Bullion has executed more than $1 billion in sales and twice appeared on Inc. Magazine’s list of the 500 Fastest Growing Companies in the United States. It offers free shipping on all orders over $99, the most generous shipping policy among the best sites where you can buy precious metals online. It also offers secure international shipping.
Golden American Eagle Coins has been serving retail investors and collectors since its establishment in Maryland in 1974. These days, it also sells gold, silver, and other precious metals through a secure online platform. Helpfully, it also sells gold and silver over the phone during regular business hours. It also maintains a retail showroom conveniently located within a half-hour of the DC and Baltimore metro areas.
Founded in 1977, Kitco runs a secure online platform where you can buy and sell gold and silver coins, bars, rounds, and collectibles. It also happens to be one of the best sources of gold and silver news, prices, charts, and information. Kitco offers several options for buying gold and silver. These include physical purchase and delivery; storage in secure vault facilities; and ownership of a share of a pool of precious metals held by Kitco on customers’ behalf.
If you’re looking to buy silver, there are plenty of good options. BGASC, JM Bullion, and APMEX are all good online dealers that sell silver bullion. They offer a wide variety of products, including coins, rounds, and bars in a variety of sizes.
One thing to keep in mind is that the price of silver can vary significantly from one dealer to another. So it’s important to shop around and compare prices before making a purchase.
Buying gold coins or bars online is a good idea if you do not have time to go from store to store looking for what you want. It also gives you the chance to look at several dealers and their products so that you can get the best price possible. Like we mentioned above, BGASC, Silver Gold Bull, and JM Bullion are all great online dealers to check out.
When you are ready to buy gold, it is important to remember a few things. First, always make sure you are buying from a reputable dealer. Second, be sure to understand the product that you are buying. Gold can come in many different forms, so make sure you know what you are getting before you purchase. Finally, don't buy more gold than you can afford. Gold is a valuable commodity and should be treated as such.
As this guide proves, you don’t have to be wealthy to invest in gold and silver. Thanks to online precious metals sellers, you can easily buy your share of bullion and have it securely delivered to your home or stored in a vault for safekeeping.