Buying: Gold Bullion From Banks
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A major downside is that banks rarely buy gold back from customers, meaning you'll still need a private dealer when it’s time to sell. Pros and Cons buying gold bullion from banks
Buying Gold and Silver Coins From Banks | 2024 Buyer's Guide AI responses may include mistakes
If they have it, you can often store it immediately in a safe deposit box at the same location. Pros and Cons Buying Gold and Silver Coins
Compare the bank's price against reputable online dealers like APMEX or Birch Gold Group to ensure you aren't overpaying.
Most branches simply do not offer this service anymore.
Some private banks allow wealthy clients to buy a claim to gold held in their vaults (starting around $250,000), which avoids the hassle of physical handling.
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