General Question

gkolozsi's avatar

How to buy gold?

Asked by gkolozsi (4points) November 23rd, 2008

i dont know

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7 Answers

wilhel1812's avatar

Go to a jewelry shop?

gailcalled's avatar

Here are several hundred different ways.

Buyer beware. Although if you are buying gold by weight, it is easy to find out what the current price is. Any big city will have dealers who buy and sell precious metals.
There are two in my sparsely populated area alone.

Lightlyseared's avatar

do you want to buy the actual physical metal or are you talking about investing in the comodity?

gailcalled's avatar

Good point. Gold is really heavy, if you buy a box of ingots or doubloons or whatever.

skfinkel's avatar

Many years ago, I wanted to buy gold. I bought a very small lump of gold stored in some underground cave somewhere, and ended up paying for the storage for a couple of years before I realized this was not really what I had in mind. And I’m guessing (don’t remember for sure) that the actual price of gold itself dropped during those years. So, if you want to buy gold, I recommend doing it another way. That was through a broker.

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