Gold hotel introduction within US?
Hi all,I be wondering if anyone know that is it true that gold ingots bar is cheaper surrounded by Dubai than any other countries?
1. If it is how many ounces(in a gold ingots bar form) I can introduction to US
2. which way is cheaper to bring gold ingots from Dubai to US..I mean surrounded by a gold inn form or in a jewlery?
second Question:
does anyone know where on earth can you buy gold,and silver surrounded by wholesale in US? I connote should I go directly to mines or is nearby anyway I can buy gold on spot prices? please relief me out.
thank you
mike
Answers: Jewelry will always be more expensive, by the ounce, than gold ingots bars. You can buy gold ingots near the spot price through Kitco.com or BullionVault.com. They will hold the gold ingots for you. If you want to take physically assignment, however, it will be more expensive. Call some local coin dealers and compare prices, including rates, then check some online dealer (like WexfordCoin.com and Tulving.com) and compare their prices including shipping and insurance.
Since the spot price sets the prices for gold worldwide, it will not be any cheaper to buy bullion contained by Dubai.
If you purchase in Dubai, you use their currency - spot prices are different because of currency fluctuations.
Jewelry is the most expensive path to bring in gold ingots - because you must pay for the labor of making the jewelry.
The best passageway to invest in gold ingots is to buy stock in gold ingots mines - however lots of companies will sell you gold ingots eagles, kruggerands and other gold. You cannot buy at spot prices because you do not enjoy the amount of money necessary to negotiate that price.
I buy gold ingots from www.apmex.com
It's the American Precious Metals Exchange
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