Purchase investment grade precious metals safely, securely and discreetly through us. We source gold, silver, platinum and palladium bullion and coins from members and associates in the London Bullion Market Association (LBMA) and also the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them straight to the preferred storage facility, office or home. Because we purchase bullion from refineries we can save you money and fulfil your order quickly and efficiently. Like a boutique firm, we provide a personalized service, with every order tailored to your specific needs. We charge just one fee in accordance with the components of, and the total price of, an investment.
This term is bandied about loosely, and used by many individuals with no knowledge of the gold or silver market. But Buy precious metals is likewise made use of by others by using a very specific meaning. So the simple truth is, this is a term that has not been clearly defined inside the eyes of the trading community and also the public.
Traditionally, the term “dealer” usually meant a business, in the trading of a commodity or product, which stood ready to buy or sell that item during trading hours. For instance, in the precious metals market we will call a gold dealer someone who stands ready to produce a bid and provide price on gold for a minimum of 500 ounces at a time. Of course this doesn’t limit the dealer to trading this amount; it just means that they stand ready as a market maker to the item, which is another term – with this wholesale context – for dealer.
Such firms are normally larger, and only take care of companies inside the same industry. So in precious metals, their counterparties can be banks, refineries, consumers or producers of gold, silver, platinum or palladium. These dealers would not typically trade together with you or me as private individuals, nor with companies that are not actively active in the precious metals business.
However, the term “precious metals dealer” later evolved to talk about businesses that happen to be associated with the distribution of product to the retailers of coins, bars and bullion who then finally come up with a sale for the public. These institutions, who typically inventory product for sale to companies for example coin retailers, jewelers, and bul1ion companies, are believed middle-market distributors or wholesalers in other industries. However, because of the uniqueness of the silver and gold markets, in addition they take part in buying back merchandise, either to become locked in their inventory or even to be scrapped returning to its original raw state by a refinery.
Since these middle-market distributors also create a two-way market, offering to buy or sell merchandise, it has led those to also attain the nom du jour of Buy precious metals. It is obvious that they are active participants available on the market. But even though they will usually have an interest in selling and buying bullion products – as this is their business, in the end – it does not mean they need to always show the best buying price or selling price at any given time. There may be nothing unjust regarding their ability to determine pricing. They may be at the mercy of the current market ebbs and flow nearly as much as in almost any other marketplace, and should adjust their pricing accordingly. Which will add a mark-up from the base wholesale price (or discount when they’re buying back) to make sure they turn revenue.