22 Jul How to buy Gold Bullion at Wholesale Prices?
Can you Buy Gold Wholesale?
Yes, you can buy gold bullion at wholesale gold prices, but doing so will depend on a few factors which we will discuss here.
When buying physical gold bullion from gold bullion dealers, the price you pay per troy ounce of gold will depend on (#1) the amount of gold bullion you are buying, (#2) the type of gold bullion products you are getting, and finally (#3) the then current supply-demand gold bullion product factors at play when you are making a specific gold bullion purchase.
Virtually all private gold mints and government gold mints sell their physical gold bullion bars and gold bullion coins exclusively to gold bullion dealers. It is gold bullion dealers like us who then inventory, safely store, price hedge, market, buy, and sell gold bullion products at retail and wholesale prices to the general investing public.
How we define retail gold bullion prices vs wholesale gold bullion prices is usually only a matter of a few percentage points difference, even sometimes mere basis points (typically less than a 1% difference).
Our gold bullion business is contingent on high volume purchases and sales of gold bullion thus our gold product price premiums relative to the fluctuating gold spot price must be extremely competitive. More often than not we are the industry leader in low gold bullion price offerings.