How to Buy Bulk Gold?

2. When you buy gold coins and gold bars in bulk, it allows you as a buyer to benefit from the savings on a lot of elements like shipping, admin fee, packaging, insurance, etc. These are the costs that you will incur as a buyer even if you are buying gold in small quantities. When the costs then are spread over bigger volumes, they are lower when calculated per ounce of gold. 

3. The cost of your insurance also reduces per ounce. A bulk purchase can attract free shipping as well. This then creates a lot of price advantages, and you get a lot more savings on each shipment. The prices of gold change constantly and it is important to be aware of the current prices. 

Process of Buying Gold in Bulk 

If you want to protect your wealth and strengthen your investments, then you should start purchasing gold in bulk. However, you need to plan carefully for large purchases so that you can keep your investment safe. Given below are the steps of buying gold in large quantity: 

• Find a reliable and verified seller: As you are spending a huge amount, it is very important to take some time to research and select a reputable gold dealer. You should always choose those dealers who are recognised by authorised industries. In order to decide the best one, you should also compare a few trusted companies. 

2. Make an Account at Dealer's Website: After selecting the dealer, you will need to set up an account on their website, which usually takes one to two days. To make the account, you have to provide your personal information, such as your name, address, phone number, and email. You also have to complete the ID verification through your passport or driving license. 

3. Place the Order: Once your account is ready, you can place your order by selecting gold bars or coins. You should always check the live prices of gold, total cost, any shipping or other charges. After completing the purchase, you will get a receipt from the dealer. You need to keep a copy of that invoice for your records. 

4. Complete the Transaction: You need to make the payment within the time given by the dealer. For bulk purchases, you can use bank transfers because these are very common and safe to use. Some dealers also accept debit cards, credit cards, cheques, or cryptocurrency. 

5. Selection of Delivery Address: In the last step, you need to select the delivery address. If you want full control, then you can prefer home delivery, but you need a safe place to store it. In case you do not have a secure place in your home, then you can select the secure vault service, which is provided by many dealers. This service is insured and easier for bulk orders. 

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