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) and the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them directly to your preferred storage facility, office or home. Because we purchase bullion from refineries we will save you money and fulfil your order quickly and efficiently. Like a boutique firm, this site offers a customized service, with each order tailored to the specific needs. We charge a single fee in line with the items in, as well as the total price of, an investment.
This term is bandied about loosely, and used by lots of those with no knowledge of the gold or silver market. But Buy silver bullion is additionally made use of by others with a very specific meaning. So the truth is, this is a term that is not clearly defined from the eyes of both the trading community along with the public.
Traditionally, the word “dealer” usually meant a company, involved in the trading of the commodity or product, which stood ready to buy or sell that item during trading hours. As an example, inside the precious metals market we will call a gold dealer somebody that stands ready to create a bid and offer price on gold for a minimum of 500 ounces at the same time. Naturally this doesn’t limit the dealer to trading this amount; it simply ensures that they stand ready as a market maker for the item, which can be another term – in this particular wholesale context – for dealer.
Such firms are typically larger, and simply deal with companies from the same industry. So in precious metals, their counterparties can be banks, refineries, consumers or producers of gold, silver, platinum or palladium. These dealers would not typically trade along with you or me as private individuals, nor with companies that are not actively working in the precious metals business.
However, the word “precious metals dealer” later evolved to make reference to businesses which can be included in the distribution of product towards the retailers of coins, bars and bullion who then finally produce a sale to the public. These institutions, who typically inventory product available for sale to companies like coin retailers, jewelers, and bul1ion companies, are viewed middle-market distributors or wholesalers in other industries. However, due to the uniqueness of your gold and silver markets, additionally they participate in buying back merchandise, either to get held in their inventory or be scrapped to its original raw state from a refinery.
As these middle-market distributors also create a two-way market, offering to purchase or sell merchandise, they have led them to also get the nom du jour of Buy precious metals. It is obvious that they are active participants available on the market. But even though they will have an interest in buying and selling bullion products – as this is their business, in fact – it does not always mean they should always show the ideal buying price or selling price at any given time. There is certainly nothing unjust concerning their ability to determine pricing. They can be subject to the marketplace ebbs and flow nearly as much as in almost any other marketplace, and should adjust their pricing accordingly. Which will include a mark-up through the base wholesale price (or discount when they’re buying back) to make sure they turn a return.