What Are The Best Online Gold Dealers For Gold Investment

Following the increased stock market volatility and political uncertainty. A good number of investors diversify to precious metals as a way to increase their investment portfolios. In particular, Gold maintained its worth even during noteworthy stock market fluctuations. Has been demonstrated to be an effective hedge against inflation. What Are The Best Online Gold Dealers For Gold Investment, Advantages, and Disadvantages of buying top dealers, How to buy Gold online?

What Are The Best Online Gold Dealers For Gold Investment

Owing to physical gold for long-term investors is often preferred over gold receipts, gold mining stocks, or gold ETFs. Now with the advent of online gold dealers, it has never been easier to purchase high-quality physical gold and have it stored in a secured vault or shipped home. Nevertheless, there are occasional reports of counterfeit metal coins or fake gold being sold online, which is why you need to ensure you are purchasing from an established and reputable dealer

Top Online Best Gold Dealers

  •   Money Metals Exchange
  • APMEX (American Precious Metals Exchange)
  • JM Bullion
  • SD Bullion
  • BGASC
  • Golden Eagle Coins

Money Metal Exchange Dealer

On our list money, metals exchange is the best overall online gold dealer. Money Metals lands the combination of highly competitive prices, low shipping costs, vast product selection, and an exceptional customer experience. 

Advantages

  • Free shipping on orders of $500 or more• 
  • Pricing is competitive
  •   Prepackaged starter portfolios for beginning investors•
  •  Saving plan monthly is automated

Disadvantages

• For check and PayPal payments has low purchasing limits

  • Shipping can be slow

Money Metals Exchange founded in 2010 as the best overall online gold dealer has quickly gathered a customer base of more than 250,000 customers.  preoccupying customer-centric into personalized service, highly competitive pricing,  a footpath for new investors, and one of the best online reputations, making Money Metals Exchange our choice. Its website can be easily guided by customers to shop coins and bullion by weight and category. With an automated monthly savings plan to start at $100 a month or by purchasing a prepackaged portfolio, beginning investors can get their feet wet in gold investing. If not, its pricing is usually competitive, with its Gold Eagle 1 oz.  Back to 2021 coin selling for $1,977,  a 10.9% mark-up from the $1,782 spot price at a time interval.

What Are The Best Online Gold Dealers For Gold Investment

For 10 minutes money Metals seals in your price, to permit you entailing your information and payment method, either through bank wire transfer, credit or debit card, PayPal, bitcoin, or check. You are charged a service fee of 4% processing fee and a $1,500 purchase limit if a credit or debit card or PayPal is used.

Free shipping on all orders over $500, not on the high side considering the cost of gold. The fee is $6.97 for orders up to $149 and $7.97 for orders between $150 and $499. They offer a three-day return policy and may apply a 5% restocking fee on credit card orders. The dealer gives a discount to the buyback program claiming to pay the highest price among its contenders.

Money Metals presents vault storage in Idaho, Delaware, and Massachusetts in Class 3 vaults having metals fully insured and fully protected by Lloyd’s of London. During business hours they provide responsive customer service Via live chat, phone, or email. Its website also has an extensive resource library to help new investors learn and experienced investors stay on top of the market. price alerts are also provided for investors waiting for their price to buy.

Apmex (American Precious Metals Exchange) Dealer

This is the best comprehensive offering with more than 10,000 products to offer, APMEX (the largest online precious metals dealer globally).

Advantages

  •  Extensive product selection
  • 7-day return policy
  • Robust customer service
  •  Solid online reputation
  • Long track record

Disadvantages

  • Shipping can be slow
  •  Prices tend to be higher than top peers

Since founded in 2000, American Precious Metals Exchange (APMEX) has made itself into a global precious metals powerhouse. Making it our choice as the online gold dealer with the best comprehensive offering, Expected that it has the largest selection of precious metals products.

What Are The Best Online Gold Dealers For Gold Investment

APMEX an addendum to a wide range of gold and silver bullion and coin products also has an extensive selection of platinum, palladium, and copper products. Its coin selection is a virtual United Nations, representing coins from the U.S., Canada, Australia, South Africa, Mexico, and beyond. offering a wide variety of coins and old banknotes APMEX is also one of the best quotations for collectors. Using the Gold Eagle coin as a barometer for pricing competitiveness.

APMEX doesn’t have the lowest prices around, its significant sales volume allows it to be competitive. As of Dec. 1, 2021.6 APMEX is offering the 1 oz. the coin for $1,889,  that’s just 6% above the spot price of gold at $1,782, which is reasonably competitive.  Ease of use is also its strength, APMEX also offers bulk discounts on bullion and coins on purchases up to 19, 20 to 99, and 100 or more. APMEX updates its pricing every 60 seconds.

Another important benefit is APMEX’s free shipping on any order over $199. There is no minimum order requirement.  A charged fee of $9.95  for shipping is for orders under $199. On all shipped packages Insurance is included. APMEX credit card orders may qualify for QuickShip Program, which provides next-day processing for U.S. orders. APMEX will ship it to Citadel Global Depository Services, if you want your gold stored, one of the world’s largest private storage facilities.

With APMEX  you have many payment options including credit or debit card, paper check, bank wire transfer, PayPal, bitcoin, and eCheck. Credit cards, PayPal. Bank wire transfers are cleared within one to three days while Checks up to four days.  You are qualified to use APMEX’s eCheck option, which can rev your order processing After your first purchase. They are intent offer excellent customer service and education. Customers can reach its service center via live chat, email, or phone during business hours but may place orders 24/7 all week long. New APMEX’s investors will appreciate its resource center on its website, providing insights on buying gold alongside educational information.

JM Bullion Dealer

JM Bullion made the list as one of the online gold dealers with the best customer experience, JM Bullion provides its customers with a user-friendly website, dedicated customer support, transparent pricing structure, and investor-friendly features

Advantages

  • Competitive pricing
  • Low shipping costs
  • Clean and easy-to-use shopping site
  • Several hundred thousand positive reviews

Disadvantages

Doesn’t sell internationally

JM Bullion has quickly grown to become Inc.com’s “swift-growing Since its founding in 2011, precious metals company” in the U.S. Which is ascribed to JM Bullion’s commitment to delivering a vast selection of products, customer support, an automated savings plan, competitive and transparent pricing, support, an automated savings plan, and a simple purchasing process. This made it our choice as the online gold dealer with the best customer experience. With a wide variety of gold, silver, platinum, copper, palladium coins, and bars, its product selection is extensive,  priced competitively with no commissions or additional fees. In Nov. 2021, Its advertised price of a 1 oz. Gold Eagle coin was $1,933  about a 7.4% mark-up from the spot price at the time of $1,800.8 JM Bullion presents the military members with the same discount it offers on bulk acquisitions. 

More Info On JM Bullion Dealer

Payments by ACH transfer (up to $75,000), credit or debit card (up to $25,000) cryptocurrency (up to $250,000), paper check (up to $75,000),), PayPal (up to $25,000), and bank wire transfer (up to $250,000). Credit card and PayPal payments are estimated at a 4% processing fee. For orders of $199 or more shipping is free and includes insurance costs. For orders less than $199, you’ll pay $7.99. Also decided to have their gold shipped free to JM Bullion’s storage partner, TDS Vaults, a high-security depositary with several locations worldwide. JM Bullion prides itself on its dedicated customer support, which is available during business hours via live chat, email, and phone. This gives the company a good review at Trustpilot.

A five-day return policy is offered by JM Bullion While, it doesn’t indicate on its website whether there is a restocking fee, you are responsible for JM Bullion’s offers market losses.

SD Bullion Dealer

SD Bullion, it’s our choice as the best option for low prices because, it does offer low prices compared to the other dealers on this list, and it backs that up with a low-price guarantee.

Advantages

  •  They have a low-price guarantee
  •  Has Low-cost direct storage
  • They have a solid online reputation

Disadvantages

  • They exhibit a three-day return policy
  •  Stiff order cancellation fee
  •  The product offering is somewhat limited

SD Bullion asserts itself as the “lowest cost” online gold dealer in the U.S., .and back its claim with a low-price guarantee, making it our choice as the best low-price option for gold investors.  A full array of precious metals, including gold, silver, platinum, copper, and palladium, is offered by SD Bullion, but their selection of products is more limited than some of their top competitors. For example, it may only carry two brands of gold bars, at any one time.SD Bullion can’t be beaten for investors looking for the best deal with no brand preference. In addition to gold coins and bullion, SD Bullion also sells gun ammunition and precious metal safes. 

More Info On SD Bullion

SD Bullion has the lowest price for a Gold Eagle coin, Back Dec. 2021, sold for $1974 a valid markup on the current price of gold which is about $1,780.49. Add in its free shipping on orders over $199 ($9.95 flat rate for orders under $199), and it’s an unbeatable total price for gold investors.  The dealers will match it if a customer spies a price lower than SD Bullions. By the payment deadline, if payment is not received,  your order will be subject to a market loss fee, a 5% cancellation fee, and any collection expenses incurred by SD Bullion. SD Bullion presents a display full of payment options, including: 

  • Credit or debit card (up to $5,000)
  • Personal check (up to $20,000)

Bitcoin (up to $250,000)

  • Cashier’s check (up to $20,000)
  •  PayPal (up to $5,000)
  • CE-check (up to $10,000)
  •  Wire transfer ($20,000 and up)

What Are The Best Online Gold Dealers For Gold Investment

Credit card and Paypal payments are levied an extra 4% processing fee.  You can open a storage depository account and have your gold stored directly with SD Bullion and fully insured by Lloyd’s of London if you choose to have your gold stored. For the first three months, the cost is free for the first three months; storage fees start at $9.99 a month based on the amount stored. Within three days of delivery, returns are accepted, but refunds are not guaranteed. SD Bullion will determine if it will accept your return request. A stocking fee of $35 of the purchase or -5%, whichever is higher—is charged, and SD Bullion may require you to cover the cost of any market loss.  Your gold will be repurchased through buyback prices by SD Bullion. Payments are given within one to three days after SD Bullion accepts the return. 

Customer reviews of SD Bullion reviews are typically praised, having customers reporting good access to representatives through chat, email, and phone.SD Bullion has earned high ratings from Trustpilot users, which give it 4.5 out of 5 stars.  Many of the comments highlight the speedy ordering process and reasonably quick deliveries.

BGASC Dealer

One of the best sources for gold bullion coins sold at reasonable prices, as its name implies, BGASC (Buying Gold and Silver Coins), is one of the best preferences for the best online gold dealer for coins.

Advantages

  •  The best selection of gold coins
  •  Competitive pricing on gold coins
  • Has excellent customer support
  •  Solid online reputation
  •  Fast shipping

Disadvantages

  • Limited payment options
  • Limited bullion offering
  • Has no live chat
  • Three-day return policy

BGASC’s prior focus is on selling gold bullion coins. Although offering a whole lineup of gold products, its primary purpose is on selling gold bullion coins. Their coin selection is vast, prices are highly competitive, and customer service is excellent, which is why BGASC is our choice for the best online gold dealer for coins. 

What Are The Best Online Gold Dealers For Gold Investment

Free shipping for orders of $5,000 and over. While that may be a high bar for smaller investors, its $9.95 fee for orders under $5,000 is still affordable. With an accredited storage vault insured by Lloyd’s of London, BGASC handles its own storage. They only offer a three-day return policy that will dock you a 5% restocking fee on PayPal and credit card orders, along with a possible market loss fee on all returned products. 

BGASC’s customer service is praised by their customer reviews touting knowledgeable reps and quick response times (though they don’t have live chat). Their customer service is accessible during business hours, as with most other online gold dealers. BGASC has built a solid online reputation for a gold dealer that was only started in 2012,  with a solid 4.8 out of 5 stars on Trustpilot on more than 6,400 reviews. BGASC is also a Certified Coin Exchange (CCE) member and an authorized dealer for the Numismatic Guaranty Corporation (NGC).

Golden Eagle Coins Dealer

Golden Eagle Coins has a nearly new track record with thousands of positive reviews, making it our choice as the online gold dealer with the best reputation established as a family-owned business.

Advantages

  • More than a 45-year track record
  • Extensive selection of gold coins
  • Has solid online reputation
  •  Excellent customer service
  • Has a seven-day return policy

Disadvantages

  •  Has a limited selection of gold bars

Golden eagle coins known primarily for its vast selection of gold coins, including collectible and numismatic coins, began in 1974 and maintains a track record of customer satisfaction that is unpaired, making it on our list as the most reputable online gold dealer. In addition to the popular coins, such as American Eagles, South African Krugerrands, and Canadian Maple Leafs, you can’t help but admire Golden Eagle Coins’ extensive selection. It sells a wide variety of silver, platinum, palladium, and copper coins. Investors can also find a great selection of pre-1933 coins,  mint sets, commemoratives, and foreign coins from more than 100 countries. Collectors are also impressed with its selection of ancient Arabic, Greek, Roman, and medieval coins. Also, you won’t find too many dealers that offer historical currency, such as Confederate notes and Colonial currency.

What Are The Best Online Gold Dealers For Gold Investment

Golden Eagle Coins is not nearly as cheap as BGASC or SD Bullion but its pricing is decent. Back Dec. 2021, it sells for $1,898.96, a bit higher than its main competitors. Not necessarily for its pricing, you go to Golden Eagle Coins for its selection and service. They offer all the standard payment options, including bitcoin, paper check, credit card, PayPal, and bank wire transfer.

There’s a $5,000 purchase limit for credit cards and a $2,500 minimum for bank wire transfers. PayPal and credit card orders are subject to a 4% processing fee. For orders of $99 or more standard shipping is free and $9.95 for orders under $99. You can upgrade your shipping speed to priority mail for $14.95 or express mail for $24.94. Following delivery, Golden Eagle Coins accepts returns for seven days. You may be accountable for a restocking fee and a market loss fee. Buyback prices are listed on its website.

More Info On Golden Eagle Coins

Golden Eagle Coins receives high marks for its customer service from thousands of customers even though it doesn’t offer live chat.  Response times to phone and email inquiries are fast, and the service is very responsive. It scores 4.5 out of 5 stars based on more than 5,200 reviews on Trustpilot due to its impeccable online reputation.

List Of Frequently Asked Questions And Answers

Who is an online Gold Dealer?

These are trusted top online gold dealers vendors offering everything from investment-grade bullion, to collectible gold pieces, coins, and more. Prices can be compared by customers easily across multiple sellers and make a buying decision based on price and shipping speed. Customers also have the option of selling their gold back to the dealer. The top dealers offer options to take physical delivery of the gold or store it in a secured vault.

How to buy Gold online?

The best dealers have a well-organized website with easy navigation to find and compare products by category (i.e., bullion by weight, coins, out-of-mint coins, etc.) Like many other products buying gold online can be as easy as point-and-click. you click on it to review the details when you find a product you want. you can add it to your cart, as with any online shop. From there you can then enter the quantity you want and you can continue to shop or move on to checkout. 

Your price is locked in for a short period, once you start the checkout process with most dealers, typically 10 to 15 minutes. Before the pricing expires, you need to complete your purchase or you may see the price adjusted up or down based on how the market is moving. You will receive an email confirmation along with ongoing shipping notifications, once you complete checkout.

Can Gold Be At Home?

Except in the case of Gold IRAs, yes you can store your gold in your home. The question is whether you would want to. nothing beats this security. The ideal place to store gold is a well-hidden, safe -home for those who prefer to keep their gold close to them. If you do store your gold at home, be sure to check that your homeowner’s insurance covers its potential loss or damage. You may need to purchase additional coverage.

Buying Gold Online, Is it safe?

Online buying of gold is as safe as any other transaction you make over the internet as long as you know the reputable company you’re dealing with. The best dealers use SSL encryption and are PCI compliant. Including all their shipments insured for their full value. Purchasing from an illegitimate company that sells fake products, overpriced inventory, or simply runs off with your money is the most significant risk you face. You are your first and last line of defense against scammers, as with any online purchase. Do your due diligence on gold dealers by researching them online. 

How to Select a Worthy Gold Dealer?

A company’s reputation is the number one criterion to evaluate and compare gold dealers unquestionably. The transaction history is single best measure of a company’s reputation which assessed by customer reviews. A large number of reviews of companies show that they are typically more established (longer track record) or have built up their trust and reputation through a greater number of transactions. 

What Are The Best Online Gold Dealers For Gold Investment

Extra points to look out for when evaluating a dealer’s reputation includes

Record tracks: The more established an online gold dealer is, generally the better. You will find some dealers on our list who’ve been in business for less than 10 years, look at their online reputation based on customer reviews.

Headquarters of physical company:  Even if they don’t have brick-and-mortar stores make sure to verify that the online gold dealer has a physical and traceable presence. Avoid any dealer who lists only a P.O. Box.

Buyback policies and clear returns: Check to see if there is a restocking fee and how much they charge because most dealers allow for at least three days to return a product for returns. Check on the requirements for selling your gold back to the dealer and whether they list their buyback prices, legitimate dealers also have a buyback policy

Transparent pricing: It’s essential that the dealer provides clear pricing based on the most accurate and up-to-date prices because gold prices fluctuate by the minute. The best online gold dealers don’t charge extra fees or commissions, but it’s important to confirm that before finalizing your purchase. 

Payment options: Most online gold dealers accept checks, money orders, wire transfers, PayPal, credit cards, and bitcoin. Simply be aware that most charge a 3% to 4% fee for credit card purchases, so it’s important that a dealer accept your preferred method of payment. 

Conclusion

The above online gold dealers are reputable, honest, trustworthy, and transparent. To attract investors for different reasons, there is enough to differentiate these top dealers. Before you purchase, do your research,  not all precious metal dealers are trustworthy.  Beware of anyone promising easy profits, and learn to spot the signs of a scam.APMEX should be your first stop. Regardless,  if you’re looking for the widest array of products in all categories. Check out JM Bullion if you value an exceptional overall customer experience.  If you’re most concerned about pricing. Few gold dealers can beat SD Bullion and if you want the best overall, one-stop-shop for your gold purchases. Money Metals Exchange should be at the top of your list, many gold investors diversify by buying from several sources.

see the list of things to also learn:

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  2. Defi
  3. NFTs
  4. DAOs
  5. Crypto
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  7. Altcoin Tokenomics
  8. Metaverse
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