The mistake of “buy gold near me” thinking
While the proverbial ‘high street gold shop’ is not completely obsolete just yet, a large percentage of the gold trade has moved online. Buying gold through a reputed online trader gives you access to a range of different products that you probably won’t get in your high street shop anyway. Moreover, large online traders are able to offer better prices by cutting out the middleman. If you think about it, the high street gold seller who operates from a small shop is really just a middleman.
In spite of that, there are investors who do not trust the online trade in precious metals. They still hold on to the notion that the best way to buy gold is to see, touch and feel it. This sentiment is perhaps one of the reasons they go to a store nearby to buy their gold and end up paying a lot more.
You’d think it’s a no-brainer. Let’s quickly review the advantages of buying online as opposed to buying from a local shop.
Online brokers like Physical Gold, today source gold in the form of bars and bullion direct from global manufacturers and due to the large volumes, they get preferential rates. You can gain from this, as online brokers are more likely to pass on their savings to you. This is simply due to the fact that they do not have an expensive high street showroom to run and pay out utility bills, rent, salaries, etc.
At Physical Gold, we pride ourselves on our professionalism and commitment to customer satisfaction. We ensure that all our products are genuine and what’s more, we also offer our customers a buyback guarantee. Our experts are happy to advise you on the best way to buy gold online. Call us on 020 7060 9992 or simply send us a message online to connect with our team of experts.
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