Many people forget about investing in gold because they think they have to buy expensive gold bars. While this is an option, there is much more to investing in gold that just buying it raw. Keep in mind the tips you’re about to read so that you can work towards adding gold to your portfolio.
Gold fluctuates a lot, so be aware of the purchase price before selling your gold. When selling gold, be sure that items of differing karat values are weighed separately. A designer piece, however, shouldn’t be sold because the item as a whole could be worth more than just the gold.
Do your research on the fee and commission structures for the dealer you are considering. Every dealer will have slightly different commission structures. Some may be more fair to you than others, so use it as a way to comparison shop against multiple dealers. This way, you can get the best deal for you possible. Continue reading