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) as well as the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them straight to the preferred storage facility, office or home. Because we purchase bullion straight from refineries we will save you money and fulfil your order efficiently and quickly. Like a boutique firm, we offer a personalized service, with each order tailored for your specific needs. We charge a single fee depending on the things in, as well as the total importance of, any purchase.
This term is bandied about loosely, and used by many people with no knowledge of the gold or silver market. But Precious metals services is additionally made use of by others using a very specific meaning. So in fact, it is actually a term that has not been clearly defined within the eyes of the two trading community along with the public.
Traditionally, the expression “dealer” usually meant a company, involved in the trading of your commodity or product, which stood able to buy or sell that item during trading hours. As an example, from the precious metals market we may call a gold dealer someone who stands ready to generate a bid and present price on gold for no less than 500 ounces at one time. Naturally this doesn’t limit the dealer to trading this amount; it simply means that they stand ready as a market maker to the item, that is another term – with this wholesale context – for dealer.
Such firms are normally larger, and merely cope with companies from 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 with you or me as private individuals, nor with companies which are not actively working in the precious metals business.
However, the word “precious metals dealer” later evolved to reference businesses that are associated with the distribution of product on the retailers of coins, bars and bullion who then finally create a sale towards the public. These institutions, who typically inventory product on the market to companies such as coin retailers, jewelers, and bul1ion companies, are considered middle-market distributors or wholesalers in other industries. However, because of the uniqueness of the precious metals markets, in addition they get involved in buying back merchandise, either to get locked in their inventory or to be scrapped straight back to its original raw state with a refinery.
As these middle-market distributors also make a two-way market, offering to buy or sell merchandise, they have led those to also reach the nom du jour of Where to buy gold bars. It is obvious they are active participants in the market. But though they will invariably have an interest in buying and selling bullion products – because this is their business, in the end – it does not always mean they need to always show the most effective buying price or price level at any time. There may be nothing unjust with regards to their capacity to determine pricing. These are susceptible to the marketplace ebbs and flow just as much as in virtually any other marketplace, and must adjust their pricing accordingly. Which can include a mark-up from your base wholesale price (or discount when they’re buying back) to guarantee they turn a return.