Investing in gold has long been considered a stable and reliable strategy, especially during times of stock market volatility and inflation. With the rise of online gold dealers, it has become easier than ever to purchase high-quality physical gold and diversify your investment portfolio with precious metals. Let’s explore the best gold dealers in 2024, considering factors such as reputation, pricing, customer experience, and buyback policies.

What Are the Benefits of Investing in Gold?

Buying gold bars and coins can offer several advantages for investors and collectors. Here are some key benefits:

  • Hedge against inflation – Gold has historically been considered a hedge against inflation. When the value of fiat currencies decreases due to inflation, the price of gold often rises. Investing in gold can help protect your wealth during times of economic uncertainty.
  • Store of value – Gold is often viewed as a store of value because it has intrinsic worth and has been used as a form of currency for centuries. Unlike paper currency, gold doesn’t rely on the stability of a government or financial institution.
  • Portfolio diversification – Including gold in an investment portfolio can provide diversification. Gold’s performance is not always correlated with stocks and bonds, so it can act as a counterbalance to traditional assets, potentially reducing overall portfolio risk.
  • Liquidity – Gold is a highly liquid asset. It can be easily bought or sold in various forms, such as coins and bars, making it relatively easy to convert into cash when needed.
  • Tangible asset – Gold bars and coins are tangible assets that you can physically hold. This can provide a sense of security and ownership that digital or paper assets may not offer.
  • No counterparty risk – Unlike some financial instruments, owning physical gold involves no counterparty risk. You don’t need to rely on the stability of a financial institution or the performance of a third party.
  • Private and confidential – Gold ownership can be private and confidential. Unlike some financial assets that require disclosure, gold ownership can be kept private, offering a level of anonymity.
  • Historical significance and collectibility – Gold coins, in particular, can have historical significance and collector’s value. Some investors appreciate the aesthetic and historical appeal of certain coins, which can contribute to their overall value.
  • Global acceptance – Gold is recognized and accepted as a form of value worldwide. It can be easily traded or sold in various countries, making it a globally accepted form of wealth.
  • Long-term preservation of wealth – Gold has proven to be a durable and lasting store of wealth over centuries. Its value tends to withstand economic downturns, making it a popular choice for long-term wealth preservation.

Where to Buy Physical Gold? – Best Place to Buy Gold Bars and Coins in 2024

There are several reputable sources where you can buy physical gold, including gold bars and coins. Here are some of the most popular old dealers online:

1. APMEX 

When it comes to the best places to buy gold, APMEX stands out as the top choice. With a solid track record, extensive product selection, and robust customer service, APMEX has earned its reputation as the largest online gold dealer globally. Whether you’re looking for gold bullion, coins, or collectibles, APMEX has over 46,000 products to offer.

APMEX’s user-friendly website allows for easy navigation and a quick four-step checkout process. The company offers competitive and transparent pricing, though it’s important to note that prices may vary depending on the payment method. APMEX also provides volume-based pricing and bulk discounts when buying gold coins and bullion.

One of the major advantages of buying from APMEX is its free shipping policy on orders over $199, with no minimum order requirement. Insurance is included on all shipped packages, and orders may qualify for next-day processing through the QuickShip Program. If you’re looking to store your gold, APMEX offers the option to have it shipped to Citadel Global Depository Services, one of the world’s largest private storage facilities.

APMEX provides a seven-day return and refund policy, though a restocking fee of $50 or 10% of the purchase amount may apply. The company also offers a quick and easy buyback process, ensuring liquidity for its customers. With its commitment to excellent customer service and educational resources, APMEX is one of the best companies to buy gold from for both experienced investors and newcomers.

2. JM Bullion

If you’re seeking the best online gold dealers with an exceptional customer experience, JM Bullion is the online gold dealer you should consider. Since its establishment in 2011, JM Bullion has grown rapidly and gained recognition as the fastest-growing precious metals company in the U.S. The company’s success can be attributed to its user-friendly website, transparent pricing, and dedicated customer support.

JM Bullion offers a wide selection of gold, silver, platinum, copper, and palladium coins and bars, all priced without commissions or additional fees. The company provides various payment options, including ACH transfer, cryptocurrency, paper check, credit or debit card, PayPal, and bank wire transfer. However, it’s important to note that different payment methods may have different prices.

Shipping is free for orders of $199 or more, and insurance costs are included. If you prefer storage, JM Bullion offers the option to have your gold shipped to TDS Vaults, a high-security depositary with several locations worldwide.

With its clean and easy-to-use shopping site, several hundred thousand positive reviews, and a five-day return policy, JM Bullion ensures a seamless and enjoyable customer experience. You can access the company’s dedicated customer support through live chat, email, and phone during business hours.

3. BGASC 

If your goal is to buy gold coins, BGASC is the ideal online gold dealer for you. With its extensive selection of gold coins, competitive pricing, and excellent customer support, BGASC has established a solid reputation in the industry.

BGASC offers a vast array of gold coins, including American Eagles, Canadian Gold Maples, South African Krugerrands, Pre-1933 U.S. Gold, and Australian Gold Kangaroos. The company also maintains an inventory of premium and rare medals, coins, and paper currency, catering to collectors and numismatics enthusiasts.

While BGASC’s payment options may be somewhat limited, with acceptance of paper checks, PayPal, credit and debit cards, and bank wire transfers, the company compensates with fast shipping and a five-day return policy. Customer reviews highlight BGASC’s customer service as knowledgeable and responsive.

4. Money Metals Exchange

If you’re looking for the best place to buy gold online that will also enable you to sell it in the future, Money Metals Exchange is one of the best gold buyers and offers the highest buyback prices among its competitors. Founded in 2010, the company has quickly gained a loyal customer base through its competitive pricing, personalized service, and excellent online reputation.

Money Metals Exchange offers a wide selection of gold, silver, platinum, and palladium coins and bars. The company’s website allows for easy navigation and a straightforward purchasing process. You can choose from various payment options, including bank wire transfer, Bitcoin, credit or debit card, money order, PayPal, or check.

Shipping is free for orders over $500, and the company offers vault storage in Delaware and Massachusetts if you prefer to store your gold more securely. Money Metals Exchange provides a three-day return policy and promises the highest buyback prices in the industry.

With its commitment to customer satisfaction and extensive educational resources, Money Metals Exchange is an excellent choice for those looking to buy gold and sell it at a later date.

5. SD Bullion

If affordability is your primary concern, SD Bullion offers the lowest prices compared to other online gold dealers you can find online. The company prides itself on its low-price guarantee, ensuring that customers get the best deal possible.

SD Bullion offers a wide range of precious metals, including gold, silver, platinum, copper, and palladium. While you may find a limited selection of products compared to other dealers, the company makes up for it with highly competitive pricing.

The company provides free shipping on orders over $199 and offers a low-price guarantee, matching any lower price found by customers. SD Bullion accepts various payment options, including Bitcoin, cashier’s check, credit or debit card, e-check, PayPal, personal check, and wire transfer.

For those looking to store their gold, SD Bullion offers storage options with monthly fees based on the amount stored. The company has a three-day return policy, though a restocking fee and market loss fee may apply.

SD Bullion’s customer service receives positive reviews, with customers praising the speedy ordering process and prompt deliveries.

6. Golden Eagle Coins

Golden Eagle Coins is another reputable place where you can buy physical gold. It boasts a nearly unblemished track record and thousands of positive reviews. Established in 1974, the company has been known for its extensive selection of gold coins, including collectibles and numismatic coins.

Golden Eagle Coins offers a wide variety of gold coins, including American Eagles, South African Krugerrands, Canadian Maple Leafs, and pre-1933 coins. The company also sells silver, platinum, palladium, and copper coins.

While Golden Eagle Coins may not have the lowest prices, it compensates with its reputation, customer service, and diverse selection. The company provides multiple payment options, including Bitcoin, paper checks, credit cards, PayPal, and bank wire transfers.

Shipping is free for orders over $99, and the company offers a seven-day return policy with a restocking fee. Golden Eagle Coins’ customer service receives high marks for its responsiveness and knowledgeability.

The Bottom Line

When it comes to investing in gold in 2024, these online gold dealers stand out for their reputation, pricing, customer experience, and buyback policies. Whether you’re a seasoned investor or new to the world of gold investing, these reputable companies provide a range of options to meet your needs. Make sure to conduct thorough research and choose a dealer that aligns with your investment goals and preferences. 

Ready to explore the gold investment objectives within your reach? Visit Gold IRA Blueprint – where we are ready to assist you in unveiling the untapped possibilities of investing in gold.

FAQs

Is it safe to buy gold online? 

Reputable and established online bullion dealers are generally safe for purchasing gold. Look for dealers with positive customer reviews, secure websites, and proper encryption to protect your personal information.

What types of gold products can I buy online? 

Online dealers typically offer a variety of gold products, including gold bars, coins from various mints, and specialty items. The selection may vary among dealers.

Can I store gold purchased online with the dealer? 

Some online dealers offer secure storage options for your purchased gold. This is often referred to as allocated or segregated storage. Make sure to familiarize yourself with the terms, costs, and conditions associated with storing your gold with the dealer.

Article Sources

At Gold IRA Blueprint, we dive deep into the world of gold IRAs, using trusted sources to back up our insights. Our sources range from official documents to expert interviews, ensuring our content is both accurate and reliable. We also draw on research from reputable publishers to give you the most comprehensive understanding possible. Check out our editorial policy to see how we maintain our high standards for accuracy and fairness. Also make sure to check out our Financial Review Process to have a better understanding of our process.

https://www.forbes.com/advisor/investing/how-to-buy-gold/

https://www.bankrate.com/investing/ways-to-buy-sell-gold/

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  • James Johnson
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    James Johnson is a visionary leader and prolific writer with a deep understanding of Gold IRA investments and retirement planning strategies. As the CEO and main writer of Gold IRA Blueprint, James combines his expertise in financial writing with his passion for empowering individuals to make informed investment decisions, providing readers with invaluable insights and guidance to navigate the complexities of retirement savings.

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  • Callista Ellington
    [Co-author]

    Callista Ellington is a dedicated professional with a passion for empowering individuals to make informed financial decisions, particularly in the realm of precious metal investments and retirement planning. With a solid foundation in financial analysis and investment research, Callista specializes in Gold IRA investments, offering expert guidance to navigate the complexities of the precious metals market.

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    Lennox Sinclair is a meticulous professional dedicated to ensuring the accuracy and reliability of information in the realm of Gold IRA investments. With a strong background in financial analysis and investment evaluation, Lennox plays a crucial role as a reviewer for accuracy for Gold IRA blogs, meticulously scrutinizing content to provide readers with trustworthy and insightful information.

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    Thalia Kingsley is a detail-oriented professional with a passion for ensuring the clarity, accuracy, and coherence of financial content, particularly in the field of Gold IRA investments. Leveraging her expertise in proofreading and accuracy review, Thalia plays a vital role in enhancing the quality and credibility of investment materials, ensuring that readers receive clear, reliable, and actionable information.

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