Where to Buy Gold Bars

You can buy gold bars from gold dealers, mints, foundries even, as well as from private individuals, auctions and the like.

The same basic principles for buying gold apply regardless of whether you buy gold bars in New York, Washington or anywhere on the planet.

Here are some basic principles you can use to ensure you get the best deal and the best gold for your buck.

1. Buy the biggest gold bar or bars you can afford. The bigger the bar the smaller the premium you will pay per ounce. This will reduce the gold bar price per ounce.

2. Pick established or accredited gold dealers and mints.

3. If you are going to take delivery, ensure you understand the cost of shipping and, importantly, insurance. Check with the gold bar dealer to find out the shipping costs and ensure that they provide insurance (which you will be expected to pay) this should be figured in the gold bar price.

4. Do due diligence on the gold bar dealer or person or company you are buying gold from. Who are they? Are they easily contacted? Are they accredited? Do you know friends or associates that have dealt with them before?

5. Lastly it is prudent to have a good understanding of gold and gold bars. How they are produced and in what form. The weights, fineness and all other aspects of gold bars. How much premium will you pay?

Taking some time to understand your gold bar investment will pay off in that you can ensure you get as much gold for you money as possible and that you do not pay a heavy gold bar price while doing it!