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How to Buy Gold

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What Is the Cheapest and Most Efficient Way to Invest in Gold?

When it comes to owning and trading gold, there are many options. The most popular are gold coins and small gold bars, but unfortunately, these are also some of the more costly ways of owning gold. In fact, when calculating the cost of gold, potential investors need to consider price, but they must also account for the return on investment, shipping and insurance, and the increase in value after the gold has been bought and sold.

  • OneGold sells in any quantity.
  • Low storage fees.
  • There are no hidden sales taxes.

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While several companies offer free shipping for gold coins and small bars, this isn't a transparent process. The cost you pay for shipping or moving is actually transferred to the cost of the gold itself, along with the expense of being manufactured and the profit margin. As a result, it's quite common for buyers to pay 5 to 8 percent over the actual wholesale price of the gold item.

For the buy and hold Gold Buyer, 5- to 8-percent markup is fine. Because when it's time to sell, these items will have bypassed the buying premiums and appreciated in value. Check Live Gold Prices and see how your gold investment is doing.

However, the person buys gold coins and bars will very rarely be able to buy at spot price, (unless you get a great deal from APMEX) largely because of the overhead costs of business. Buyers must also consider the likelihood that items aren't entirely what they appear to be if you purchase from a less than a reputable dealer. 

In general, the cost of buying and selling gold coins or small gold bars is likely to cost up to 10 percent over the value of the gold itself. Again, not a bad value because most people choose to buy physical gold to buy and hold. But for other investors who are looking for a hedge against investments, losing one-tenth of investment is certainly an inefficient way of spending money.

How OneGold Lets You Buy Gold in a Safer and Easier Method

  • Purchase in any increment.
  • Pay close to spot prices.
  • No sales tax.
  • No delivery costs.
  • Transactions secured cryptographically with blockchain technology.
  • Low storage and insurance costs
  • Buy and sell 24/7.

Note: This page is for informational purposes only. Past performance is no guarantee of future results. Before making any investment, consult with a financial professional to see if precious metals are the right investment for you.