With precious metals like gold and silver in high demand, many investors are considering the best way to buy gold and other commodities. Buying gold and silver online offers convenience and competitive pricing. This guide will explore the top online destinations for purchasing gold and silver bullion, coins, and jewelry.
Introduction
Precious metals like gold and silver are popular investment assets. In fact, central banks hold over 30,000 tons of gold reserves. Additionally, silver demand reached 1.1 billion ounces in 2020. With strong market fundamentals, it’s no wonder investors are looking to add gold and silver to their portfolios. Purchasing online offers quick and easy access to reputable dealers without leaving home.
Popular Online Precious Metals Dealers
APMEX
As one of the largest precious metals e-retailers, APMEX offers a huge selection of gold, silver, platinum, and palladium products. Investors can choose from coins, bars, rounds, jewelry, and more. APMEX also frequently has exclusive product releases not available elsewhere.
JM Bullion
JM Bullion provides one of the lowest cost options for buying precious metals online. They offer competitive pricing on popular bullion products. JM Bullion has a large inventory, quick order fulfillment, and accepts cryptocurrency payments.
SD Bullion
SD Bullion specializes in the lowest possible premiums on bullion products from mints around the world. They also offer secure storage options and fast shipping. SD Bullion has an intuitive website and excellent customer service.
Money Metals Exchange
Money Metals Exchange is a trusted precious metals dealer with low prices and fast delivery. They have a wide array of bullion coins and bars. Money Metals Exchange also offers storage and IRA services.
Buying Gold Online
When buying gold online, investors can choose from bullion or numismatic coins. Bullion coins like the American Gold Eagle provide the metal content alone. Numismatic collectible coins have added value from their rarity.
Popular Gold Bullion Coins
Some of the most widely traded gold bullion coins include:
- American Gold Eagle
- Canadian Gold Maple Leaf
- South African Gold Krugerrand
- Australian Gold Kangaroo
These coins contain guaranteed gold purity and weight. Buying online provides quick access to new coin releases.
Collectible Gold Coins
For investors interested in collectible gold coins, top options include:
- American Gold Eagle Proof Coins
- Pre-1933 Classic U.S. Gold Coins
- British Sovereigns
- Indian Head $2.50 Quarter Eagles
These coins have numismatic value above the gold melt value. Purchase from reputable dealers to ensure authenticity.
Buying Silver Online
Like gold, silver investors can choose between bullion and collectible numismatic coins when buying online. Popular options include:
Silver Bullion Coins and Bars
- American Silver Eagles
- Canadian Silver Maple Leafs
- Australian Silver Kookaburras
- 100 oz Silver Bars
These contain a specified silver purity and weight. Stacking silver bullion allows investors to accumulate larger quantities.
Collectible Silver Coins
- Morgan Silver Dollars
- Peace Silver Dollars
- Mercury Dimes
- Walking Liberty Half Dollars
Vintage U.S. silver coinage has collectible value exceeding the silver melt value. Buy from dealers with coin authentication services.
Advantages of Buying Precious Metals Online
Purchasing gold and silver online offers many benefits for investors:
- Access competitive pricing from top dealers
- Wide selection of bullion and collectible coins/bars
- Convenient home delivery
- Ability to quickly add to your precious metals portfolio
- Discreet purchasing without personally visiting a dealer
Reputable online precious metals dealers make buying gold and silver easy and affordable.
Conclusion
Buying precious metals online allows investors to conveniently build their gold and silver holdings. Top dealers like APMEX, JM Bullion, and SD Bullion offer competitive bullion pricing with quick delivery. For collectible coins, purchase from dealers with authentication services. Precious metals make a smart portfolio addition. Purchasing online provides a simple way to accumulate holdings.
