Many gold investors have only recently taken their position in the market, and there are a great many more investors who have yet to protect themselves from our poor economy with a physical gold investment. Gold has risen every year since 2001, so it is shocking that some investors have failed to come into the gold market yet. It is very simple to access the prices to buy gold, and selling gold can be done very efficiently as well, as long as you’re dealing with a reputable gold exchange. It is also easy to track gold prices, so newcomers to the gold market can keep this info handy throughout their time in the gold market.
The prices to buy gold vary depending on the exchange and the particular gold product. Gold bullion is much less expensive than rare coins, but bullion could be seized by our government. The US Treasury historically paid $50 per ounce for citizens’ gold bullion, which was illegal to hoard from 1933-1971. Long-term investors willingly pay the higher prices for rare gold coins because the privacy of these investments is invaluable.
The gold bullion spot price can be tracked live at www.Kitco.com and www.GoldPrice.net. National average retail prices for pristine rare coins are updated monthly at www.PCGS.com. All precious metals have a buy price and a sell price, and you can register for live quotes here or by calling us directly. We can recommend a local dealer that could assist you with your gold investing, or you may be qualified to do business directly with us and receive large-volume discounts.
Steven Martin
Senior Gold Specialist - Buy-Gold.org
