Should you buy gold online?

Should you buy gold online?








If
asked, should you buy gold online the answer is that it is quite safe
to buy gold and gold coins online and there are many places one can do
so provided one follows a few rules.

Obviously one should be
sensible about it and ensure that one is dealing with a reputable dealer
as well as understanding what you are buying. Is it the right type of
gold for you? Is it the right price for you?

Here are a few guidelines that can help you to buy gold on the internet.

First
ensure that you know exactly what you want in terms of gold. Is it gold
coins? If so, which ones do you want? Sovereigns, Eagles, Krugerrands
or others? Or are you looking for gold bullion? What size or weight?

Next,
work out how much you can spend on a particular transaction. This
should be an amount you can afford. It is nice to browse but easy to
overspend. Especially when purchasing gold! Be aware that there may be
shipping and insurance costs to add to the total payable.

You
should ensure you purchase from a reputable dealer. Most dealers on the
internet are reputable but there are a very few who would not be
considered reputable.

If you find a dealer that has:

• No contact details other than a generic email, such as hot mail, or contact page.
  
• No
  security for credit card payments. In other works the lock does not
  appear in your browser when going to the payments page and the http does
  not change to https.
  
• No information about delivery.
  
• Poor looking and/or unprofessional site.
  

It is advisable not to buy from that dealer no matter how enticing the products appear to be.

Generally,
you can safely purchase gold coins or gold bullion from internet
dealers. Usually the larger dealers will also have shops or outlets so
you know they have a location and are here for the duration and not just
for the night!

Always thoroughly check the web site. Study the
products and prices. Read the terms of service (so few people do) and
make sure you understand what you are buying and from whom. Ensure you
know how much the total cost is, including such costs as shipping and
insurance, and you should be right!

Gold and gold coins are a great buy online!