Many investors are now looking to buy Gold online in Africa amidst its record-high on softer dollar. The yellow metal soared to an all-time high on Friday, August 16, as the US dollar weakened after positive macroeconomic data led Wall Street to raise bets for an upcoming interest-rate cut from the US Federal Reserve in September. Tensions in the Middle East also bolstered demand for bullion.

It is always a good thing when gold prices rise for it means more money in the pockets of African Gold investors. We have been receiving a lot of requests from buyers looking to buy Gold dore bars from Africa. Matching buyers and vendors is our specialty as we try to create a scam-free environment for all.

The main challenge gold buyers have is finding a reliable vendor in Africa. Most of the real vendors work in mines and are not online hence very difficult to contact. What you sometimes find online are fraudsters posing as gold vendors. They offer cheap prices targeting people with little knowledge of the market.

For more than 5 years now we have operated a directory website which gives information on how, where to buy gold dore bars from Africa and also exposes scammers. On our Scam Database Page, you will find their websites, contact information and social media handles. All the websites listed on that page are fraudsters and you should stay away from them.

Why buy Gold from Africa?

Many buy gold from Africa because it is cheap. You might wonder how this is possible when the price of gold remains the same in all parts of the world. Where gold is mined in Africa is almost inaccessible. The mining is mostly artisanal(done by hand). Mining conditions are very difficult and those who do this job leave on less than $1 per day.

While the price per ounce of gold is $2,489.12, in Africa especially Cameroon an ounce of Gold sometimes sells for as low as $980. It is for this reason that most investor prefer coming to Africa and buy raw Gold that needs refining. Also with the right connections and contact, you can buy as much as 50kg of gold monthly from these local artisanal miners.

When you take the price per ounce or per kilo of gold into consideration then you will buy from Africa. Send inquiries today, get the list of genuine vendors and buy Gold dore bars from Africa.

The procedure from Gold Bullion Reviews Directory

Gold Bullion Reviews Directory ensures you buy Gold online from Africa without getting scammed. We put you in contact with vendors who are ready to meet your demands. Also if you are in contact with anyone and feel like they are scamming you, send us their information and we will report them to the authorities.

What we give gold buyers is a list of all the genuine vendors in Africa and Cameroon. These gold vendors are registered, have been verified and can supply up to 10kilos at a single time. All you have to do is send us an email and we will reply with the list of vendors and you can choose who to work with depending their terms.

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Where to buy Gold in Africa and avoid scam as explained by Gold Bullion Reviews Directory the number one review site in Africa. The continent has seen a lot of transformation and restructuring in the global gold trade. Many investors have come in and areas that were once reserved for artisanal mining are gradually seeing heavy machinery. Gold yield too has improved and the market has now become very competitive. There has also been a spike in the prices of gold and other minerals.

Despite these improvements, getting finding a reliable place to buy gold in Africa is very difficult. Communication is slow in Africa and getting reliable information is sometimes impossible. All these have contributed to making investors stay away from the African gold market.

Gold Bullion Reviews Directory is the first African forum that has set its sights on providing information on the gold market. We work for many buyers by providing verification information and linking them with the right vendor. If you cannot travel to Africa and need someone to take care of business for you, then we are your go to platform.

Why trust Gold Bullion Reviews Directory

Gold Bullion Reviews Directory is the number one source for gold buyers all over the world. We are followed by many because we provide accurate information all the time. Doing what we do is no easy feat but thanks to donations from buyers, we have been able stay afloat going to the deepest part of Africa to meed miners and link them to buyers all over the world.

Those who have worked with us can only say good things. We are available 24/7 and ready to answer questions or run errands. Somehow we have been able to make ourselves relevant through hard-work and by helping buyers avoid getting scammed.

The Gold market in Africa is littered with scammers. There are so many that it becomes confusing to the buyer. They operate by cloning websites and stealing information from genuine vendors. Therefore, you might know a genuine company but still fall prey to the cloned or duplicated one.

Buying gold safely in Africa and avoid scam

Gold Bullion Reviews Directory covers the whole of Africa but only have 100% accurate information for vendors in Cameroon. For other countries, it takes time before we can get updated information about their legitimacy.

The secret to our success is continuous non-stop work. About 20 new websites pop up everyday claiming to sell gold and other precious metals hence we have to keep up to be able to expose them. We spend more time on Social Media platforms as that is a hub for these fraudsters. Taking down their accounts and reporting some but you know creating a new account takes less than a minute. The scammers are persistent thus making our job ever more difficult.

With all this going on, the safest way to buy Gold in Africa is through us or vendors recommended by us. This is the only way to be sure that you are talking to a genuine gold vendor. Send inquiries today if you are looking for where to buy gold online in Africa and avoid scam.

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We receive more than 20 emails a day from buyers asking this same question, ”Is the CEMAC Buyer’s Permit Real or Scam ?

The CEMAC Buyer’s Permit is the oldest gold scam format used by Cameroonian and Central African fraudsters online. It is a format that has been very successful and still used even today. The format has been around for more than 20 years. The Central African gold scam, always starts with the CEMAC Buyer’s Permit.

When a buyer makes contact, he is given very good prices and a huge commission. This is aimed enticing the buyer. Fooled by the cheap price, he forgets about due diligence and goes directly to completing the deal. Sometimes the price is even below $28,000 per kilogram of gold. This price will get everyone interested but you need to be wise and know that if something is too good to be true then it is scam.

How the CEMAC Buyer’s Permit Format works

When you contact a gold vendor and send them your Letter of Intent, they will reply with their Full Corporate Offer(FCO). On this FCO document is their mode of operation and their terms also called CIF Procedures. Mostly the 7th Procedure is about the CEMAC Buyer’s Permit and it reads thus

7.) We sellers don’t ask upfront payment. All the buyer does is to get the CEMAC buyer’s permit from our Ministry of Mines, Geology and Technological Development who stand as a trustee between seller, buyers and mandates which we will assist and direct buyers / mandates on the procedure of getting the CEMAC Permit. This document is to protect buyers to be recognized in the CEMAC Zone or countries of business and they can trade on credit and at a discount cost if they have the CEMAC Permit Document. These are countries that makes up the (Central African Economic and Monetary Community (CEMAC)—Cameroon, Chad, the Central African Republic, Equatorial Guinea, Gabon, and the Republic of Congo).

This is where the scam starts. You will be directly to a fake Ministry of Mines website where you will be asked to either pay $4,500 for a 2 year permit or $7,500 for a 5 years permit. Thinking you are talking to the Ministry of Mines you will buy this permit which is just a paper and that is the beginning of the whole scamming process.

There is no document like a CEMAC Buyer’s Permit. Do not be fooled or pay any more for something like that. If a buyer tells you to get a CEMAC Buyers Permit, then stop all communications with them immediately.

Best way to buy Gold from Cameroon

The best way to buy gold from Cameroon is through vendors recommended by us. Gold Bullion Reviews Directory is a review website aimed at sensitizing buyers on the risks involved in buying Gold online from Africa especially Cameroon. We have worked with many companies, investigate others and are now able to distinguish between a real and a fake vendor.

This business involves a lot of money and losing money to a scammer can be very traumatizing in this difficult economy. Our job is to ensure you do business smoothly without falling prey to scammers.

We have been able to conduct business for many and also help some retrieve lost funds from scammers. If you have been scammed, go to our Report Scam Page, fill the form and send it to us. We will open an investigation with the local police and track them down.

Buying Gold online has been made very easy by Gold Bullion Reviews Directory. All you have to do is make contact and we will send you a list of all the Verified Gold Vendors in the country.

Send inquiries today and get the list of genuine gold vendors. You can either send us a direct email or call.

Envíenos un correo electrónico directamente a: [email protected]

Telephone Number/WhatsApp: +237 674 125 340

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Gold Bullion Reviews Directory is by far the best place to buy Gold online in Africa. This is not because we sell Gold but because we link buyers and suppliers in a market plagued by scammers and fraudsters. We have been able to help many do business and others recover lost funds by arresting scammers who ripped them.

The Gold market in Africa is wild, buyers have been kidnapped and others killed trying to buy gold. One would say it is better to get scammed than getting killed or kidnap. All this however can be avoided if you work with people who know the market. Identifying vendors is the first true success for anyone looking to buy Gold in Africa.

Scammers have cloned every government website and created hundreds of their own. These websites are used to confuse buyers hence they fall for scams. If you are new in the gold market and looking for the right vendor, simply contact us.

What is the safest place to buy Gold in Africa

The safest and best place to buy Gold online in Africa is Gold Bullion Reviews Directory. There are many people online claiming to sell Gold but finding the right vendor has always been a problem. Safety is a relative term when it comes to buying gold in Africa. Because the market is unregulated and new to many with little customer protection, you can easily fall into the hands of scammers.

Being in a foreign country and trying to buy gold from Africa means there’s no way of knowing if the person you are chatting with is legit or not. You can’t even try to verify them from their Ministry of Mines because scammers have cloned the websites. Also communication in Africa is very poor if not non-existent. If you send an email to a government office, you will never get a reply. This therefore is the perfect breeding ground for scammers.

Many who have succeeded in buying Gold from Africa have the Gold Bullion Reviews Directory to thank for. We create business opportunities between local miners and gold buyers worldwide. When you contact us, you are sure of meeting a legit gold vendor and also getting your business done in the earliest time possible. Contact us today to get more information on the Buy Gold scam in Africa.

What to look for when buying Gold

We have yet to find a perfect place to buy gold online in Africa. But if you want to know the best place to buy gold for you, the answer will depend on the conditions and agreement between you and the seller. Here are a few that you should consider when buying gold online in Africa;

Price:

As business people, we are mostly interested in prices of the goods we are buying. The cost of buying gold vary dramatically across Africa. There are those who sell expensive and some who sell well below the market price. These are the kind of vendors we all want and should be doing business with.

At Gold Bullion Reviews Directory, we put you in contact with vendors that offer the best prices. With us you can become a billionaire buying gold from Africa.

Seller terms and conditions:

Just like every other business, there are certain terms and conditions which must be agreed upon before a trade can be possible. Once we link you with a seller, make sure to come to agreement on how you want the deal to go before sending any money. Some sellers might ask you for advance payment which will cover their taxes and cost of courier. It is for you to decide whether you want that or not.

Please note there’s nothing like a CEMAC Buyers Permit or License. As a buyer, you do not need any documentation on your part to be able to buy gold from Africa.

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How to buy gold dore bars also known as unrefined gold. We have made buying gold dore bars easy with big focus on Africa where it is cheap. A huge number of gold exported from Africa is still unrefined. In fact the only country that refines gold in Africa is South Africa. The gold mined from Africa is exported to Dubai, Europe, USA and other countries to be refined before being sold.

Buying Gold dore bars from Africa used to be very easy and straightforward. It has now been made difficult by scammers. These predators are on every social media site making it difficult for genuine buyers to find what they are looking for. It is estimated that over $517M is lost to scammer each year. With the number so high, it is almost impossible to meet a genuine gold vendor online.

The presence of scammers however gives reason for our job. Gold Bullion Reviews Directory is the number one platform that matches gold buyers with potential gold vendors. If you are looking to buy gold online in Africa, then contact and we will give you the gold vendor list. Simply send an email requesting the list and we will send it free of charge.

Buying Gold dore bars in Africa

Successfully buying gold dore bars in Africa will depend on the agreement between the seller and the buyer. To do this you must first find a legit vendor. We insist about legit vendors because scammers have taken over the business. They are everywhere and making things difficult for genuine businesses.

Most of the people that have gold in Africa know nothing about social media. Not up to 20% of Africans have access to social media or know how to sell anything online. Scammers with this knowledge has created websites and social media pages used to target unsuspecting victims. There’s a high chance that 90% of all those claiming to sell gold online from Africa are fake.

GoldBullionReviews.Directory has created a platform where genuine vendors come together with buyers to buy and sell their gold. We have made buying gold dore bars in Africa very easy. We have been termed the best place to buy gold online in Africa.

How to successfully buy Gold

If you follow our instructions, then buying gold dore bars in Africa will be a breeze and you will make very good profits. Because many don’t know about Africa, they go to LinkedIn and other social media sites looking for gold vendors. That is a very big mistake. Most of the people who sell gold in Africa don’t even have a multimedia phone. Majority didn’t go school and so communication with them can be very difficult.

Through constant work and drilling, we have been able to set up a platform for these miners. We have been able to take their information and now link them directly with buyers all over the world. Many have had success stories just by working with us.

If you are looking to buy gold dore bars from Africa then do not hesitate to contact us and get the list of all the genuine vendors.

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Buy Gold Scam simplified by GoldBullionReviews.Directory with special focus on Africa. We will be looking Gold scam in Africa and in the course of this paragraph will explain how it all unfolds. Staying safe while buying Gold in Africa is our top priority which is why we have made it our business to help buyers worldwide.

This is one of our most important posts for there are people who thing it is impossible to fall for the buy Gold scam. We are here to educate you so you do not make a mistake. There are lots of intelligent people in the world. They’ve repeatedly proven their smarts by being amazingly successful, building up a significant amount of personal wealth, and making savvy decisions in their careers and life. However, amazingly, even these folks can be duped in scams that in hindsight seem so obvious, but at the time seem so attractive and worthwhile to pursue.

That has been the case with buy gold scams. For centuries gold has driven people to take risks they wouldn’t even consider for other assets or even people. And when one gets offered a sizable stake in the precious metal, many are willing to take a jump at gold in ways that put themselves on the line considerably.

Also it really doesn’t help when that opportunity for gold is a scam that is enhanced and made even more convincing by cooperating government officials in the country that it operates in. Like most scams, the buy gold scam had to seem real enough to be convincing, especially to experienced people who otherwise would not have even fallen for anything remotely similar.

How gold scammers operate

We might explain in thousand words how to avoid Gold scams but nothing is going to prepare you when you meet these scammers. They have many different ways to scam you and it will be luck if you escape. However there are many red flags during your conversations with these people and if you are vigilant enough will be able to avoid them.

Every business man is driven by profit making and that is what the scammers are looking to take advantage of. To the scammers, offering good deals to buyers is the game changer and even the biggest of the elites have fallen for these scams.

For those looking to buy gold online, the scam is different as most times the scammers will tell you to either pay for Safe Keeping Fee or buy a Buyers Permit. The case is however different for those who come to Africa to buy directly from these scammers.

The scammers come along with gold bars to client meetings to get people convinced. And there’s nothing like the gleam of real gold in sizable amounts to get peoples’ attention. These samples are usually borrowed from corrupt government officials who are also sometimes in on the scam.

Some scammers have even been known to bring the gold in armored vehicles with authentic documents all to fool the buyer. Seeing all this with the government officials vouching for the scammer will convince the buyer and that is how the buy Gold scam works.

How to stop buy gold scam

If you are looking to buy Gold online in Africa, then this last paragraph should be taken seriously. Most of these scammers work with government officials hence stopping this business can be very difficult. However, reporting these cases to us will help you get your money back and help others from falling into the same trap.

Always write a review or read reviews if you are looking to avoid buy Gold scam. These reviews go a long way to educate people and makes things very difficult for scammers. It is a small effort but enough to put an end to this very bad practice.

Source: MyGold

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You can learn how to buy gold online from Africa by reading our posts and following instructions. Africa is a gold haven and everyone looking to making it big in the market must buy from the continent. The only problem is Africa is not very open to the world. There are communication problems but what you should worry about most is scammers. They are everywhere looking to pry on unsuspecting business individuals.

Getting in contact with a gold vendor in Africa is very difficult. Most of the people who have gold are local artisanal miners. They are deep in the jungle and only those who are courageous enough venture there. Buying the gold from them is one thing and taking it out of the jungle whose highway is a hot spot for armed robbers is another thing.

To do business, these local artisanal miners have formed cooperatives through which they sell their gold. We have been able to get together with these cooperatives by educating them on the benefits of expanding their business to the international scene. Some have taken our advice while others are still content with selling gold locally.

GoldBullionReviews.Directory have been able to put together a list of Gold vendors in Africa especially Cameroon. Therefore we are now giving tips on how to successfully buy gold online from Africa.

Get to know the gold vendor

To know a gold vendor, you must look online. The internet has become a hot spot to buy anything online but the anonymity that comes with it makes it very easy for you to fall prey to scammers. For gold dealers it is very painful losing money as it always involves huge sums. You can’t work hard and lose everything because of a small error. Looking for a vendor online will like put you in direct contact with scammers as over 90% of the internet is filled with them.

If you are looking for a gold vendor, then simply send us an email and we will send you a list. These list contains all the most trusted vendors with stock. We give you their information and you can contact them directly.

Do Verification, check if the gold vendor is real

If you meet any gold vendor online from Africa, make sure you do some verification before signing any contract or sending money. Even the vendors we send to you, do your own personal findings to be sure before making any moves. The worst thing that can happen to you is to be played by a scammer. It can be a very traumatizing experience but we are here to help combat it.

One good way to verify a vendor is to send us their contact information. We will get in touch with them and tell you if they are real or scam. Send us your vendor information today for verification free of charge.

Buy Small quantities

When buying gold online in Africa, always start with small quantities especially if you are dealing with the vendor for the first time. The gold business has many risks therefore it is good to start small and after mastery of the business you order large quantities. No matter the cheap price you get, always start small to minimize your risk and losses.

Consult an expert before buying gold online from Africa

Buying online on a normal is very easy and anyone can do it. However with scammers lurking, you need an expert to make sure you succeed. With an expert, you are sure of buying gold online in Africa without getting scammed.

We have set a standard for both legit vendors and buyers of gold and many now enjoy profitable partnerships. Work with us today and know all there’s about the gold business in Africa. Whether you are looking for partnership with a local miner or looking to buy gold online directly we are your go to platform.

Gold Bullion Reviews is here to help and will make sure you meet legit gold vendors to work with. Envíe sus consultas today and learn how to buy gold online from Africa.

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The Ministry of Mines Cameroon Scam has been around for a very longtime and has cost many people millions of dollars. Anyone who is looking to buy Gold online in Africa will come across this Ministry of Mines Cameroon Scam. Scammers have cloned the Ministry of Mines Cameroon website and now confuse vendors. This scam is highly related to the CEMAC Buyers Permit Scam as the vendor gets instructions on how to get the permit from these fake Ministry of Mines website.

Looking online you will see the following Ministry of Mines Cameroon Websites; www.minmidtcm.com,  www.minmidt-gov.net ,  www.ministryofminescm.com ,  minmidtcam.com, min-midt-gov.com, https://ministryofmines.wordpress.com/and many others.

We have tried our best to sensitize people over the years but many still fall for these scammers. There’s nothing we can do at the moment except continue to educate people.

Our website GoldBullionReviews.directory is dedicated to helping gold buyers succeed in Africa. We provide vendor information and also educate on how to spot and avoid fake ones. If you are looking to buy Gold in Africa and think you are being scammed, send us their contact information now for verification.

Avoiding the Ministry of Mines Cameroon Scam

To avoid this scam is very simple and we have explained it in almost every post. To buy Gold from Cameroon or any other African country you do not need the Ministry of Mines. You do not need any permits or certificates.

If you are going to the Ministry of Mines for verification, make sure it is the right one. As you see in the first paragraph there are more than 8 different Ministry of Mines website. This can be very confusing as you will not know who to trust. Some even have WhatsAPP numbers for communication. We do not think a Ministry of Mines will use WhatsApp as means of communication in any universe. These are some of the red flags people miss.

The Ministry of Mines cannot be communicating with a mobile phone number instead of a landline number. When you reason like this and put the small details together, you won’t fall for this scams.

What is the biggest scam red flag

No matter what the scammers say, they always try to make you pay for some permit or document. You are simply trying to buy and do not need to acquire any permit, certificates or stamps. The seller is supposed to bring the gold to you. Because some vendors do not have the means, they might ask you to make an advanced payment which will go to take care of the delivery cost and their taxes. It is up to you the buyer to accept or deny.

Do not pay any money for CEMAC Buyers Permit. Contact your vendor, make an agreement with him and buy your gold. You can also visit the mines to see for yourself before buying and we consider this the safest way.

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Whether posing painted rocks or asking people to buy a fake permit, the Fake Gold scam is on the rise and more than $300,000,000 is lost to scammers each year. You will think people will be wiser but greed and ignorance always gets to them.

The gold market has a lot of profits but very few people know the intricacies. We are always interested in making profits hence do not take time to study the market. With knowledge on the gold market, you can buy gold from anywhere in the country.

This post is about helping you avoid getting scammed when buying Gold either in person or online. Our main focus is buying gold in Africa where there’s abundance.

African Fake Gold scam

It is no secret that there’s gold in Africa and many mines that have not even been claimed yet and because of corruption the prices are very low. This will explain why the standards of living in gold producing areas of Africa is very low. Many travel from afar to Africa to buy gold at prices way below the normal market rates.

Most of these gold are conflict gold and in areas controlled by rebels and insurgents. Dealing with these people is profitable but also very risky as you can lose everything. It is always advisable to buy from legit known sources.

While many are looking to take advantage of these low prices for gold, there are others looking to rip them off. The African Gold market is a playground for scammers. They have hijacked the market and now make it very difficult for you to find a real dealer.

A majority of real gold vendors in Africa do not have websites and are not computer savvy. Scammers have taken advantage of this and created websites and social media accounts using their names. You can find these fraudsters on Facebook, Instagram, LinkedIn offering gold dore bars, gold dust and diamonds at very cheap rates. Targeting buyers looking for cheap prices is their specialty and most times succeed.

How the scam works

Identifying a scammer is not easy especially if you are new to the African gold market. Like every other thing you are buying though be wary of cheap prices. This is the first way the scammers tries to get your attention. Upon contact they offer you very good terms of taking the gold and paying after receiving and testing it. The only thing they require though is for you to contact the Ministry of Mines and get a Buyers Permit.

As soon as you get the Buyers Permit which usually costs from $2,500 to $7,500, they ship the gold using some fake courier. A tracking number will be provided but you will be later called by the courier to pay extra fees. These fees are sometimes Insurance, Safe keeping fee and taxes, it never ends.

How to buy gold safely

GoldBullionReviews.Directory exposing fake gold scam and helping buyers meet real vendors in Africa. The best way to buy gold safely is by reading reviews, asking questions and learning from successful buyers before you. Our website features all that a forum where you can meet buyers, interact and share experiences. You can even send private messages.

We have done extensive research, met with vendors and buyers alike now confidently tell you information we provide is 100% accurate. If you are looking to buy Gold online in Africa then we will point you in the right direction. Send inquiries today and get the list of genuine gold vendors in Africa to avoid fake gold scam. You can also go to our review page, see the vendors for yourself then make a choice.

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You can learn how to buy gold in the USA from Gold Bullion Reviews Directory and make a huge profit. We have helped many companies and individuals in the USA buy gold online from Africa. This gold is then safely transported to the USA for refining. The whole process is very easy and depends on how fast you want to conduct the business or have the gold delivered.

Gold Bullion Reviews Directory is here with information on how to buy gold dore bars online from Africa. If you are looking to make real money by buying Gold dore bars from Africa, then do not hesitate to contact us.

Buying gold can add stability and diversification to an investment portfolio, particularly in the current economic climate of high inflation and stock market volatility.

Here’s what you need to know about purchasing gold in the USA.

How Gold is Valued in the USA

Gold is valued by reference to its purity and weight. This is then multiplied by the gold spot price to calculate the value.

The ABC Bullion updates its live gold prices feed in real time, refreshing every five minutes. The feed runs 24 hours a day, allowing buyers and sellers the ability to monitor the market.

1. How Is the Purity of Gold Measured?

All that glitters is not necessarily gold, with manufacturers adding other metals and alloys to the mix.

Carats measure the proportion of gold relative to other metals. The number of carats is often stamped on the gold, ranging from zero to 24.

The higher the carat, the higher the proportion of gold compared to other metals, such as copper, silver or palladium. Pure, or effectively 100% gold, is 24 carats.

Here’s how purity varies by carat:

2. How Is the Weight of Gold Measured?

Despite the USA using the metric system, the weight of gold bullion is still measured in ounces. But to add a further layer of complexity, that ounce measurement isn’t an imperial ounce. Instead, it’s a ‘Troy’ ounce.

An imperial ounce is 28.35 grams, whereas a troy ounce is 31.1 grams—making a troy ounce heavier by almost 10%.

ABC Bullion group communications manager Shae Russell says that most bullion dealers assume people know the difference between troy and imperial ounces, and therefore will often only show prices ‘per ounce’.

Hence, it is important to know the correct weight measurements if you are interested in buying gold. Contact Gold Bullion Reviews Directory and learn how to buy gold in the USA.

How to Buy Physical Gold In the USA

Envíe sus consultas to Gold Bullion Reviews Directory and learn how to buy gold in the USA. You can buy physical gold in the form of bullion, coins or jewellery from mints, precious metal dealers and banks.

1. Bullion bars

Gold bullion bars—often pictured stacked in bank vaults—can range in weight from one gram to over 10 kilograms. The bars are stamped with the purity level and weight.

Since 1978, the ABC Refinery in the USA has been involved in refining and processing precious metals, and is the exclusive producer of the ABC Bullion product, sold through ABC Bullion.

ABC Bullion sells bullion bars and bullion minted tablets at sizes ranging from 1 gram to 400 troy ounces, the equivalent of just over 11kgs.

2. Gold coins

The U.S. Mint is the sole producer of USA’s circulating coins and, since opening in 1965, has produced over 15 billion coins.

The three types of coins made at The U.S. Mint are common circulating coins (used for everyday cash transactions), collector coins (which have legal tender, but are produced to be used as gifts or collections), and investment coins.

Investment coins, which are produced in large quantities, are an inexpensive and easy way of entering the gold markets, The U.S. Mint explains on its website.

Gold coins typically have a lower gold content than bullion bars, making it a cheaper investment option. At the time of writing, the lowest-cost gold coin available from The U.S. Mint shop is marketed at $360, while the most expensive is $3750.

Other US mints also produce and sell non-circulating coins made of various metals, with pure gold coins available to purchase from the ABC Bullion and other vendors.

As there is a strong international market in historic and unique coins as collectors items, these coins are typically sold at a premium compared to their gold content.

The 1933 “Double Eagle”, one of the last gold coins minted in the US, sold at auction last year for $18.9 million—equivalent to more than $29 million Australian dollars. It contains 0.9675 troy oz of gold.

3. Gold jewellery

Jewellery, especially antique pieces, is another avenue for buying gold. However, like gold coins, you will typically pay a mark-up relative to the content of the gold.

This mark-up is generally upwards of 20%, and can often be far higher depending on the manufacturer, which exists to cover the labour cost of the design, manufacturing and the retail margin.

You should be able to calculate this mark-up if you know the weight and carat, together with the current spot price of gold. That said, some retailers are reluctant to advertise the weight of jewellery for this reason.

For example, an 18-carat gold wedding ring from a luxury designer brand is retailing at $2600. If the current value of the gold content is $398, that means you’re paying a mark-up of over 6 times for the craftsmanship and retailer’s profit.

By comparison, you could buy an 18-carat gold wedding ring from a high street retailer for $580, a mark-up of about two-thirds on the underlying gold value of $398.

Jewellery also declines in its value upon purchase, making it a less stable investment. If you are looking to invest in jewellery, keep any sales documentation and proof of value as it will make it easier to resell in the future.

Factors to Consider When Buying Physical Gold

If you decide to buy physical gold, you’ll want to keep a few things in mind:

Storage: Physical gold requires secure storage, preferably not in your home. It should be stored away from damp, corrosives and metals such as silver, which can tarnish it. Various mints around Australia offer storage, as do specialised vault companies; however, third-party storage will incur additional fees.
Insurance: If you decide to store your gold at home, you should ensure that your home insurance policy covers this. Similarly, if you’re using a third-party storage facility, you should check they hold adequate insurance.

Reliability: Whatever type of gold you’re looking to buy, it’s important to use a reputable dealer such as the Royal Australian Mint or ABC Refinery. If you’re looking to buy from an alternative source, make sure to do your research as to whether the seller is legitimate.

Purity: The gold content in the bar, coin or jewellery determines its value. A high carat (21 carat or above) is preferred as it contains a higher proportion of gold and is less likely to tarnish. That said, the higher carat gold is less durable and requires more care to be taken so that it’s not scratched or damaged.

How to Buy Gold Stock in the USA

Buying gold in physical form can be difficult in terms of ensuring its authenticity, storing it securely and selling it on. Investing indirectly can provide investors with potential upside if gold prices rise, without the hassle of owning gold directly.

So what are the options for investing in gold? Here’s a quick overview:

Buying gold and commodity funds: specialist commodities, mining and exchange-traded funds (ETFs) can provide you with exposure to gold. These range from funds investing in gold mining companies to ETFs that directly track the price of gold and other precious metals.

Buying shares in gold mining companies: companies that mine gold have enjoyed bumper profits over the last year due to the rise in commodity prices. Mining companies include BHP Group, Rio Tinto and Newcrest Mining. They also provide a potential income for shareholders via their traditionally high dividend payouts.

As with other assets, any profit or capital gain made from investing in gold, whether directly or indirectly, will be potentially subject to capital gains tax (CGT). You may be required to pay capital gains tax if your investment grade bullion has a greater value at the time of sale compared to the value at the time of purchase, ABC Bullion explains.

Is Gold A Good Investment in the USA?

If you’re looking to strike it rich with a modern-day gold rush, you’re probably in the wrong place.

Why? The answer lies in holding gold in times of economic volatility. Some investors view gold as a safe haven during stock market dips, along with a way of preserving wealth when inflation is high.

Yet gold prices can also be very volatile, meaning gold isn’t a safe investment. If you want some of that golden gleam in your investment portfolio, aim for it to occupy only a small percentage of your overall investments.

As with other investments, your investment in gold can go down as well as up, and you may not get your money back. If you are unsure as to the best option for your individual circumstances, you should seek financial advice.

Should You Invest in Gold in the USA?

Gold may offer investors a safe haven and a way of preserving wealth in a high inflation environment. As with shares, the price of gold is volatile, however it has delivered an increase in value over the last 30 years.

Depending on your preference and appetite for risk, you may choose to invest in physical gold, mining shares or gold-based funds and ETFs. However, it is important that any investment in gold forms part of a diversified portfolio.  And, as always, make sure it’s the right choice for you. Contact Gold Bullion Reviews Directory and learn how to buy gold in the USA.

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