The two most common places where you can buy precious metals are at an online dealer, such as JM Bullion, or at a local coin store. Local coin stores have been around for almost as long as money. They went from being pawnshop establishments to becoming a more specialized form of resale stores. Local coin stores offer customers a place where they can view their items in person before making purchases.
Online dealers, on the other hand, are obviously a more recent development. They serve as a virtual showcase for precious metals companies and allow customers to shop online. One of the best-known firms is the British firm BullionVault. It offers the option of buying gold that it stores in its vaults in Switzerland, London and New York.
It carries out an independent audit of your stocks on a daily basis and, if you wish, it will also allow you to physically receive your gold. GoldMoney offers a similar service. The easiest way to buy gold is through an application called Vaulted (full Vaulted review here). Vaulted is an application run by McAlvany Financial Group and International Collectors Associates (its abbreviated name is McAlvany ICA) based in Colorado.
The app allows you to buy fractional gold which is then stored at the Royal Canadian Mint. When you buy it fractionally, you don't have to buy it by currency (which is expensive per ounce) or wait until you can buy an ounce (which is expensive, period). When you get an ounce, you can request delivery for a small fee. The United States Gold Office, directors and representatives do not guarantee customers that they will make profits or guarantee that losses cannot be incurred as a result of following their coin collection recommendations or after the liquidation of coins purchased at the United States Gold Office.