I Want To Buy Gold Coins From Bank – Where To Go?

Buy Gold Coins From BankIf you want to buy gold coins from bank in the US, this will not be possible because most US banks will not sell gold bullion coins or bars to the general public. While most banks hold a portion of their securities in gold bullion bars, these are not for sale. It may be possible to buy gold coins from bank in India and some other countries but not in America.

In order to buy gold coins, you need to find reputable gold coin dealers in your area or online. Some good gold online dealers that have become popular in the recent years due to their impeccable reputation are GoldLine, APMEX Gold, Gold Price, Northwest Territorial Mint, Bullion Vault, Bullion Direct and many others. Search online and read customer testimonials before deciding to start purchasing gold bullion coins and bars. Some gold dealers will ask you to open a gold investing account with them, it’s important to compare prices for the same type of gold bullion bar or coin from dealer to dealer to find the absolute best.

If you are hesitant about holding physical gold coins, certain gold dealers like Bullion Vault offer a great opportunity to own gold without the hassle and worries of storage and security. Bullion Vault is a precious metal industry leader in storing clients’ physical gold in their super secure vaults located in several locations all over the world. You can buy bullion coins from them and they will store these for you. However, some investors forego this route because of the fear of not holding physical gold in their possession and security reasons.

When buying bullion coins it matters what type you buy, certain highly popular bullion coins like American Gold Eagle and others come with higher than average premium costs due to their popularity. You are better off staying with low premium gold bullion products like South African Krugerrands and Canadian Maple Leaf coins.

While buying gold bullion from banks might sound like a good idea, it’s not a possibility in the US. Consider buying gold investment form large Mints and well established gold dealers.

Learn how to buy gold coins from bank in India and which bank is better and why by reading other related articles on the website.