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Some dealers won't buy gold bullion bars (gold bars) without a chemical analysis to determine the gold's purity. This analysis is called an assay and in many cases you as the investor need to foot the bill for this process. Gold firms, in most cases, will also refuse to set a price until the gold bullion bars (gold bars) have been delivered to their offices or depositories for inspection. This result in a lot of unnecessary risks to the investor.

Invest in precious metals today! Contact us for details.

Invest in precious metals today! Contact us for details.

For example: All gold bullion bars (gold bars) delivered against a London spot market have to meet the following requirements:

  • Must be 99.5% or more pure,
  • must come in bars of a standard shape weighing more or less 400 oz (huge bars),
  • must have been accurately assayed (which costs the investor money),
  • must have been manufactured by one of a listed group of refiners (not just any refiner)
  • and in almost all cases are only accepted from one of a very small number of accredited bullion vaults/couriers (not just accepted from anyone).

However, it's easy for private investors to circumvent the above problems. The secret is not to make the classical mistake to buy gold from multiple gold dealers, especially if you want to invest in a particular form of physical gold such as gold bullion bars (gold bars). This virtually eliminates the above-mentioned problems the day you want to sell your gold bullion bars (gold bars). In addition to this, it will limit the expenses and lower your overall costs due to the better rate you will receive, since you will not be paying different markup prices.

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