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 the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them directly to the preferred storage facility, office or home. Because we purchase bullion right from refineries we will save you money and fulfil your order quickly and efficiently. Being a boutique firm, our company offers a customized service, with each order tailored for your specific needs. We charge just one fee based on the items in, and also the total value of, an order.
This term is bandied about loosely, and used by many those with no familiarity with the gold or silver market. But Buy silver bullion is likewise made use of by others by using a very specific meaning. So the simple truth is, it really is a term that is not clearly defined in the eyes of the two trading community along with the public.
Traditionally, the phrase “dealer” usually meant a firm, involved in the trading of any commodity or product, which stood able to buy or sell that item during trading hours. As an example, inside the precious metals market we will call a gold dealer somebody who stands ready to create a bid and provide price on gold for no less than 500 ounces at the same time. Obviously this doesn’t limit the dealer to trading this amount; it really signifies that they stand ready as a market maker for the item, which can be another term – within this wholesale context – for dealer.
Such firms are normally larger, and simply deal with companies from 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 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 make reference to businesses that are linked to the distribution of product to the retailers of coins, bars and bullion who then finally create a sale towards the public. These institutions, who typically inventory product available for purchase to companies such as coin retailers, jewelers, and bul1ion companies, are believed middle-market distributors or wholesalers in other industries. However, due to uniqueness from the gold and silver markets, they also participate in buying back merchandise, either being located in their inventory or perhaps to be scrapped back to its original raw state from a refinery.
Since these middle-market distributors also produce a two-way market, offering to purchase or sell merchandise, it has led those to also reach the nom du jour of Where to buy gold bars. There is no doubt that they are active participants in the market. But though they will usually have a desire for selling and buying bullion products – since this is their business, all things considered – it does not mean they have to always show the ideal buying price or price level at any time. There is certainly nothing unjust with regards to their power to determine pricing. They can be subjected to the market ebbs and flow as much as in any other marketplace, and must adjust their pricing accordingly. Which can feature a mark-up from your base wholesale price (or discount when they’re buying back) to make sure they turn a return.