2006-10-16 01:04:15 · 2 answers · asked by investor 2 in Business & Finance ➔ Investing
When you see a price quoted for gold, it is usually the price for which you can sell gold. All dealers charge a higher price, called the spread. That's how they make their money.
If you want to own investment gold, I think you can get a much better price than the bank's price. Contact a local gold & silver dealer. If it is hard to find one near where you live, look for a coin shop. Often they can get you gold coins, which is an excellent way to buy gold for investment. They could at least tell you where to buy gold.
Best of success.
2006-10-16 11:55:40 · answer #1 · answered by Thinker 5 · 0⤊ 0⤋
because the fee on gold dropped back they are no longer truly so nerve-racking to purchase each and every thing. i might want to verify with some community shops before you flow to three business business enterprise that has the money to promote on television or in the newspapers. once you've issues in basic terms laying round that you dont use and dont have any sentimental fee, I cant see why you wouldnt promote them and use the money for something that you want yet get a community shop to appraise them so that you comprehend what they are well worth,.
2016-12-04 21:26:52 · answer #2 · answered by kuelper 3 · 0⤊ 0⤋