Key Takeaways
- Gold prices are down nearly 5% to $2,664.50 on Dec. 3, creating a buying opportunity beneath the all-time highs obtained on Oct. 30, 2024.
- You can buy gold through a gold dealer, but be mindful of fees, customer service, and metals selection before choosing which one to go with.
- Gold dealers may offer gold storage, return policies, buyback programs, and other options.
Gold prices have fallen almost 5% from their peak, potentially making now a good time to buy the dip.
Long held as a hedge against inflation and global unrest, 澳洲幸运5开奖号码历史查询:gold bullion—or physical gold—traded at an all-time high of $2,805 per 澳洲幸运5开奖号码历史查询:troy ounce on Oct. 30, days before the U.S. presidential election and amid rising tensions in the Middle East. Since then, gold prices have fluctuated between their October peak and the Nov. 14 low of $2,541, before reaching $2,664.50 on Dec. 3. As a result, investors who use an online gold ♛dealer to buy gold now may benefit from its potential future appreciꦡation.
"A December pause in Fed rate cuts could subdue the gold price in the short term, but the easing monetary cycle, macroeconomic and geopolitical uncertainty and healthy physical demand will maintain positive gold market sentiment," according to a note published by ANZ.
Invest in Gಌold With a Top Online Gold Dealer fo🌳r 2024
Online gold dealers provide a platform for buying and selling gold coins, bars, and other precious metals-based assets. Before choosing the🧸 best online gold dealer to meet your needs, it♍’s important to understand that these platforms can vary widely in their fees, shipping costs, storage options, customer service, metals selection, and other details. We’ve researched the best online gold dealers to help you choose the right company to help meet your goals.
- Best Overall:
- Best Low-Price Option:
- Best for Product Selection:
- Best for Buybacks:
- Best for Customer Service:
- Best for Transparency:
JM Bullion tops the list for its competitive fees and shipping costs, positive customer reviews, and wide selection of gold coins and bars (al𝓰ong with other precious metals and collectibles). If you want the lowest gold premiums, however, consider BGASC.
Meanwhile, Money Metals Exchange offers the largest selection of metals, which can be stored directly with the company or in a gold IRA. Unsure if you’ll hold onto your gold? APMEX offers the best buyback program for hassle-free cash-outs. Orion Metal Exchange scores best for customer service with a near-perfect 4.9/5.0 澳洲幸运5开奖号码历史查询:Trustpilot rating, and SD Bullion has the most transparent pricing for feeꦬs, shipping costs, and gold buybacks.
Compare the Best Online Gold Dealers
Online Gold Dealer |
Best For | Star Rating | Shipping Policy | Return Policy | Storage |
---|---|---|---|---|---|
Best Overall | 4.80 | Free shipping on orders of $199 or more | Within 5 business days once delivered (market loss and undisclosed cancellation fee) | Through TDS | |
Best Low-Price Option | 4.76 | Free shipping on orders of $199 or more | 3-day return policy ($35 cancellation and market loss fee) | No | |
Best for Product Selection | 4.76 | Free shipping on orders of $199 or more | 3-day return policy after delivery (5% restocking fee) | Yes | |
Best for Buybacks | 4.76 | Free shipping on orders of $199 or more | 7-day return policy after delivery ($50 restocking fee or 10% of total order) | Yes, through its subsidiary Citadel Global Depository Services | |
Best for Customer Service | 4.50 | Not disclosed | Not disclosed | No | |
Best for Transparency | 4.75 | Free shipping on orders of $199 or more | 3-day return policy after delivery ($35 or 5% restocking fee) | Yes |
How We Sel🐬ected the Top-Ranked Online Gold Dealers
Investopedia provides investors with factual, unbiased, and comprehensive reviews. Our ﷽review of the best online gold dealers results from a careful evaluation of seven categories and 29 criteria essential for gold investors. We used this data to develop a rubric to help evaluate 10 online gold dealers based on their service, such as premiums, transparency, pr❀oducts offered, and customer service capabilities.
Our team of subject ma✤tter experts and researchers developed quantitative weights to score each company based on the criteria that gold investors find most important. The following category weights were used to rate each company:
- Pricing and fees: 23%
- Transparency: 20%
- Account amenities: 20%
- Customer service: 15%
- Product selection: 10%
- Payment methods: 6%
- Education: 6%
Related Articles
:max_bytes(150000):strip_icc()/GettyImages-10231593001-76dc798a854740a29a10ae9f4e1890c3.jpg)
:max_bytes(150000):strip_icc()/WED-MacaandNaca-93e59780633e4251b2527f3cf8edaa89.jpg)
:max_bytes(150000):strip_icc()/INV_WorriedRetailInvestor_GettyImages-1636237804-e7c0e0c083b8480197c1261e71cc3f21.jpg)
:max_bytes(150000):strip_icc()/TUE-RicardoImagen-de4ee5c5a8264fdd940b45f34e185427.jpg)
:max_bytes(150000):strip_icc()/THU-Westend61-1c75204b270e49c986aee65e72ad62f3.jpg)
:max_bytes(150000):strip_icc()/FR-Wavebreakmedia-2047a466801e41e0ac05c2b0e95b5c35.jpg)
:max_bytes(150000):strip_icc()/GettyImages-2202195038-e8a2a4370e7d4e51960e26a1a2aeb996.jpg)
:max_bytes(150000):strip_icc()/THU-Drazen_-76b3c0a90fe44487a1884af3806586ff.jpg)
:max_bytes(150000):strip_icc()/GettyImages-1486227015-e2ea7cf8c08945fea3102e3f9acd653d.jpg)
:max_bytes(150000):strip_icc()/GettyImages-2182785785-a687bf40401346e1b27345879500d9fa.jpg)
:max_bytes(150000):strip_icc()/fotostorm-979a76ba904d430a80b2cda738564650.jpg)
:max_bytes(150000):strip_icc()/FRI-DrazenZigic-1c3b6d419689423c8295f4a838c24dc8.jpg)
:max_bytes(150000):strip_icc()/GettyImages-5805026891-5a0a22ac47c2660037c4fa88.jpg)
:max_bytes(150000):strip_icc()/Investopedia-Taxes-34a377309abc44fe907f9c32b6c4e3b6.jpg)
:max_bytes(150000):strip_icc()/FRI-damircudic-6f7bd749de07429aae41ca46a3b69993.jpg)