How Do You Buy Physical Gold Bars?
Do you want to buy gold bars but are not sure where to start? Here’s what you need to know to build your precious metals portfolio in a smart way.
There are several things you should pay attention to when choosing a precious metals reseller and buying your first gold bars. Watch this great video by Mr. Farwest to learn a few tricks.
Here are some key takeaways:
- “Investment demand for gold has increased a lot, pushing the metal price up. You can choose to buy gold from any mint or reseller. I always make sure the sites I use have very fast shipping and safe payment methods.”
- “If you buy gold ingots, pay attention to their packaging which includes a certificate of authenticity and information about metal fineness and weight.”
- “When you start building your precious metals portfolio, you can start with smaller weight gold ingots ranging from 1 g to 10 g, and then move on to larger gold ingots. Smaller weight allows you to gradually build your portfolio without spending a fortune.”
To find out more about how to buy, store and resell gold, and start building your precious metals portfolio, watch the full video here:
To turn on English subtitles, go to the bottom of the screen, click on Settings ➡️ Subtitles/CC ➡️ Auto-translate ➡️ English.
About Mr. Farwest
Led by blogger Bruno Balestra, Mr Farwest is a popular YouTube channel about personal finance and investing in precious metals.