Gold is usually a safe bet when the market is down. It would be nice to know that you have some relatively stable resources in the world where gas prices could reach all-time highs and unseen crises like global epidemics could spread around the world. Even if you don’t try to offset inflation and market volatility, gold is an excellent resource for diversification.
Buying gold online is one of the easiest ways to acquire precious metals (and a few more), but is it safe, and can these dealers be trusted? We’ll find out.
Why buy gold online?
Some shopping online may seem riskier than doing it from a brick-and-mortar store. After all, you can inspect the product before you fork out for money, take it home now, and you know who to look for if there’s a problem. Not to mention, this eliminates the risk of losing your product during shipping.
If you can do this in real stores, why choose online dealers?
One very interesting (and winning) point is that you usually get a cheap price online. Online boolean dealers do not have to pay rent, so they usually do not charge a premium. If they keep their inventory onsite, there are also insurance questions and the product is ready to go on a small scale.
Places like Money Metal Exchange, the real winner in our eyes, JM Bullion and Acre Gold are all online valuable metal exchanges that have received very positive reviews.
The best place to buy gold online – trusted dealer
1. Money Metal Exchange
Money Metal Exchange is our first choice for many reasons. Not only is the price of the precious metal very competitive, there is no shipping cost if you purchase a product worth more than $ 500 – which is not difficult.
You can buy precious metals, sell your existing collection, or even borrow against the gold and silver you own. One of the biggest concerns of people when buying such valuable items online is safety.
Of course, you can choose to send what you buy directly to you, but many Money Metal Exchange clients choose to save it to their metal company. Money Metal Exchange keeps everything safe in a sophisticated storage facility.
The exchange offers not only gold, but also silver, copper, platinum, rhodium and palladium. Money Metal Exchange has also won the title of Best Precious Metal Dealer of 2020, awarded by Investopedia. It has a very high rating on the Better Business Bureau website and is recognized.
- Free shipping on $ 500+ orders
- Very competitive price
- Storage service
- Many offer access to precious metals
- Invoices are insured
- Many payment gateways
- Starter portfolio recommendation
- Lots of helpful resources
- There is a buyback program
- You can bear the transaction fee
2. JM Bullion
If for some reason you don’t want to go to the Money Metal Exchange, JM Bullion is the next best thing. This is another precious metal exchange that has received a very favorable A + rating and at least a 4-star review.
It also offers the same precious metals and uniform services as the Money Metal Exchange, but one thing that resets it and puts it in the No. 2 position is that it does not ship goods outside the United States.
However, you can take advantage of the storage system JM Bullion offer, which is free for 6 months for assets over $ 3,000!
JM Bullion’s website also has many helpful resources and it doubles as a crypto (bitcoin) exchange! It also accepts payments in Bitcoin.
- Storage in a secure facility
- Accepts and has crypto
- There are supporting resources available
- High prices
- Buyback feature
- Offer a range of products
- Excellent customer service
- Intuitive site
- Not available outside the United States
3. Acres of gold
If for some reason our first two tips don’t reassure you, Acre will be Gold. This is a little different from your typical bullion exchange because it offers subscriptions. If you do not have the necessary funds for a full bar of gold, you can start by buying fractions!
This is a great option for beginners or those who do not have much capital. Once the full amount of the bar has been paid, Acre Gold will send it to you. There are 3 subscription plans to choose from and you can change your account as needed. But keep in mind that return is not possible once the physical product has been shipped.
Acre Gold adds some incentives for clients with referral programs and affiliate programs. If there is one thing we can ask Acre Gold to improve on is that it will offer more channels for customer support.
- Each bar comes with a certificate of authenticity
- Temper-clear packaging for shipping
- Fraction purchase
- 3 subscription plans
- Referrals and affiliate programs
- Low entry threshold for metal investments
- Only email and social media customer service available
Prices are everything for most investors, but we have a treat for you. Find out what Money Metal Exchange can do for you here with our link for extra convenience. If you like JM Bullion, check them out. For those interested in buying fractions, then Acre Gold can get you here.