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 from the London Bullion Market Association (LBMA) along with the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them directly to your selected storage facility, office or home. Because we purchase bullion right from refineries we can save you money and fulfil your order quickly and efficiently. As a boutique firm, we offer a personalised service, with each order tailored for your specific needs. We charge one particular fee in accordance with the things in, along with the total price of, an order.
This term is bandied about loosely, and used by many those with no understanding of the silver or gold market. But Precious metals services is additionally made use of by others by using a very specific meaning. So in fact, it really is a term that is not clearly defined in the eyes of the trading community and the public.
Traditionally, the word “dealer” usually meant a business, involved in the trading of a commodity or product, which stood ready to buy or sell that item during trading hours. For example, within the precious metals market we would call a gold dealer somebody that stands ready to create a bid and provide price on gold for no less than 500 ounces at one time. Of course this doesn’t limit the dealer to trading this amount; it really ensures that they stand ready as a market maker for the item, that is another term – in this particular wholesale context – for dealer.
Such firms are generally larger, and only cope with companies inside the same industry. So in precious metals, their counterparties may be banks, refineries, consumers or producers of gold, silver, platinum or palladium. These dealers would not typically trade along or me as private individuals, nor with companies that are not actively working in the precious metals business.
However, the expression “precious metals dealer” later evolved to reference businesses that happen to be involved with the distribution of product to the retailers of coins, bars and bullion who then finally make a sale to the public. These institutions, who typically inventory product for sale to companies like coin retailers, jewelers, and bul1ion companies, are viewed middle-market distributors or wholesalers in other industries. However, because of the uniqueness of the gold and silver markets, in addition they be involved in buying back merchandise, either to be kept in their inventory or be scrapped straight back to its original raw state by way of a refinery.
As these middle-market distributors also create a two-way market, offering to purchase or sell merchandise, it provides led those to also reach the nom du jour of Where to buy gold bars. There is no doubt they are active participants in the industry. But even though they will always have an interest in selling and buying bullion products – since this is their business, in the end – it does not always mean they must always show the most effective buying price or price level at any time. There exists nothing unjust about their capability to determine pricing. They may be at the mercy of the marketplace ebbs and flow nearly as much as in virtually any other marketplace, and must adjust their pricing accordingly. That will add a mark-up from the base wholesale price (or discount when they’re buying back) to make certain they turn revenue.