The reason for this is the fact that dealers charge markups and the dealer also has a buy price and sell price spread.
Buy gold coins at spot price.
We occasionally purchase gold from customers or wholesalers that is highly scuffed or somewhat odd.
Can you buy gold at spot price.
And money metals exchange certainly offers you to buy gold bullion coins for cheap.
Generally the buy back gold coin price what a dealer is buying the coin at hovers at or just above the fluctuating live spot price of gold.
The gold coin price will vary from coin to coin and fluctuation with the spot price of gold.
You can however buy gold as close to spot as possible by keeping the following tips in mind.
The most commonly traded gold bars.
Almost all products on sd bullion operate on a spot price plus the product premium also referred to as over spot formula to determine the final price.
The buy gold at spot price offer is done as a loss leader mostly to encourage investors to become new customers and to get on their email list for future product promotions.
Apmex has an extensive selection of gold coins.
Pick the right gold product for your goals.
Where to buy gold at spot our bargain bin gold category is a mixture of gold bullion bars and gold coins as close to the gold spot price as it gets.
As we mentioned before buying gold coins or bars at spot price is like trying to buy a house for just the cost of the raw materials.
Why buy gold coins.
Gold coin prices will fluctuate with the spot price of gold and our selection includes gold coins for all budget levels.
Gold bullion bars are available not only in the aforementioned weights but also styles including cast hand poured and minted ingots.
After all there is no one easier to sell gold bullion to then someone who has already bought gold bullion.
We make it easy to buy gold no need to search high and low for where to buy gold our website allows you to search by series or mint to find the gold coin you re looking for.
Typically the asking gold coin price what a dealer is selling the gold coin at hovers a few percentage points above the live spot price of gold.
Gold bullion bars gold bars come in a variety of sizes from 1 2 gram to 1 kilo or more and every size in between.
The reality is that under normal circumstances gold and silver cannot be bought at the spot price.
Gold coins are commonly issued in 1 ounce but many also have fractional sizes of 1 20 oz to 1 2 oz.