Purchase investment grade precious metals safely, securely and discreetly through us. We source gold, silver, platinum and palladium bullion and coins from members and associates of the London Bullion Market Association (LBMA) and also the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them right to your preferred storage facility, office or home. Because we purchase bullion from refineries we can help you save money and fulfil your order efficiently and quickly. Being a boutique firm, we provide a personalised service, with each order tailored in your specific needs. We charge a single fee depending on the products in, and the total price of, an investment.
This term is bandied about loosely, and used by many people who have no understanding of the silver or gold market. But Buy precious metals is likewise utilized by others having a very specific meaning. So in reality, it is a term that has not been clearly defined in the eyes of both the trading community as well as the public.
Traditionally, the word “dealer” usually meant an organization, involved in the trading of any commodity or product, which stood able to buy or sell that item during trading hours. For example, in the precious metals market we will call a gold dealer somebody who stands ready to make a bid and offer price on gold for a minimum of 500 ounces at a time. Obviously this doesn’t limit the dealer to trading this amount; it simply signifies that they stand ready to be a market maker for your item, which can be another term – with this wholesale context – for dealer.
Such firms are generally larger, and just take care of companies from the same industry. So in precious metals, their counterparties could be banks, refineries, consumers or producers of gold, silver, platinum or palladium. These dealers would not typically trade along or me as private individuals, nor with companies that are not actively in the precious metals business.
However, the term “precious metals dealer” later evolved to make reference to businesses which are associated with the distribution of product to the retailers of coins, bars and bullion who then finally create a sale to the public. These institutions, who typically inventory product on the market to companies including coin retailers, jewelers, and bul1ion companies, are considered middle-market distributors or wholesalers in other industries. However, as a result of uniqueness of the gold and silver markets, in addition they participate in buying back merchandise, either to get held in their inventory or be scrapped straight back to its original raw state with a refinery.
As these middle-market distributors also produce a two-way market, offering to buy or sell merchandise, it provides led these people to also achieve the nom du jour of Where to buy gold bars. There is no doubt they are active participants available on the market. But though they will invariably have a desire for buying and selling bullion products – as this is their business, in the end – it does not mean they should always show the very best buying price or price level at any time. There is certainly nothing unjust regarding their capacity to determine pricing. They can be subject to the current market ebbs and flow nearly as much as in any other marketplace, and must adjust their pricing accordingly. That will add a mark-up from the base wholesale price (or discount when they’re buying back) to guarantee they turn a nice gain.