Last Update January 1st, 2021. There are many trusted bullion dealers online who will let you purchase gold using a variety of payment methods.
In this guide, we will show you the best gold dealers and the available payment methods you can use to buy gold from anywhere.
Table of Contents
- Why Buy Gold Online
- Best Way To Buy Physical Gold And Silver
- How To Buy Physical Gold Bars And Bullion Online
- Where To Buy Gold Bars, Coins, Bullion, And Jewelry Online
- Golden Eagle Coins
- Buy Gold With Bank Wire
- Buy Gold With Bank Transfer
- Buy Gold With Credit Card Or Debit Card
- Buy Gold With eCheck Or Personal Check
- Buy Gold With PayPal
- Buy Gold With Bitcoin
- Buy Gold With IRA
- Best Place To Buy Gold Online
- Best Gold Coins To Buy
- Best Place To Buy Gold Coins
- Best Place To Buy Gold Chains Online
- Best Place To Buy Gold Jewelry Online
- Why Buy Gold Bars
- Best Gold Bars To Buy
- Best Place To Buy Gold Bars
- Should I Buy Gold Or Silver?
- Is Now A Good Time To Buy Gold?
- Can You Buy Gold Coins From A Bank?
Why Buy Gold Online
Buying gold online gives you access to the largest selection of gold bullion, gold bars and gold jewelry available anywhere.
Best Way To Buy Physical Gold And Silver
Buying gold and silver online actually gives you access to many trusted gold bullion types from different manufacturers at excellent deals, so it is the preferred method of choice for many people. There are many companies that offer free shipping and discounts if you buy a certain amount or use a specific payment method.
Our recommendation is to find a gold and silver dealer that serves your interests best.
How To Buy Physical Gold Bars And Bullion Online
Step 1: Go to the website of your favorite precious metals dealer.
Step 2: Choose the gold or silver bullion you would like to purchase.
Step 3: Proceed to checkout and fill out your address.
Step 4: Pay directly using your preferred payment method.
Step 5: Receive your gold within a few business days.
Where To Buy Gold Bars, Coins, Bullion, And Jewelry Online
These are our preferred precious metals dealers for buying gold bars, gold coins, gold bullion, and gold jewelry online.
Established in 2005, GoldSilver is founded by Mike Maloney who is the best-selling author of Guide to Investing in Gold & Silver, one the most popular book ever on precious metals investing.
Customers can buy gold bullion, bars, coins and jewelry using a wide variety of payment methods. GoldSilver offers international shipping and free shipping for U.S. residents who order over $499.
GoldSilver offers private allocated secure storage within Class-3 vaults in partnership with Brinks. You are able to manage your metals online or with the GoldSilver app which is available on iOS and Android devices.
Golden Eagle Coins
Established in 1974, Golden Eagle Coins has personally witnessed the bull market of gold and silver in that time span. The company has expanded from a traveling coin dealer to the largest online coin and gold bullion dealer in the Washington D.C. Metropolitan area.
Golden Eagle Coin keeps a wide variety of gold and silver bullion for sale including pre-1933 gold coins, commemorative coins, and ancient Roman, Greek, Byzantine, and Arabic coins.
Established in 2011 by founder Fabrice Drouin Ristori, GoldBroker is an investment platform that allows individuals to own fully insured physical gold and silver in their own name within a personalized vault. The company has a generous buyback program and provides international shipping.
GoldBroker offers secure storage outside the banking system in places like Zurich, Singapore, New York, and Toronto.
Established in 2013 and based in the Netherlands, BitGild is one of the largest gold shops in Europe. The precious metals dealer accepts a wide variety of cryptocurrency including bitcoin, ethereum, litecoin and bitcoin cash as payment methods in addition to bank transfer.
All orders are carefully packaged and 100% insured. Since 2013, BitGild has successfully shipped 20,000+ parcels of gold and silver.
Established in 2001, Goldmoney gives investors access to a secure bullion vault under their name within their Goldmoney holding. Within a Goldmoney holding account, investors can place orders for physical precious metals including gold, silver, platinum, and palladium. The company currently safeguards over $2 billion of assets for clients in 150 countries.
Buy Gold With Bank Wire
Bank wire is a popular payment method for buying gold online. A bank wire is facilitated by a major bank institution and can be sent securely in large amounts.
Our most recommended method for buying gold with a bank wire is to go through GoldBroker. They will assign a segregated and insured vault under your name to store your precious metals bullion.
If you open a Goldmoney account, bank wire is the recommended option for funding your account and buying gold from within a Goldmoney holding account.
Buy Gold With Bank Transfer
A bank transfer requires a routing and account number and is a simple way to make purchases online with essentially no fees. Bank transfers usually require 2-5 days to process.
If you would like to purchase gold with a bank transfer you can actually do so on BitGild.
Buy Gold With Credit Card Or Debit Card
Buying gold with a credit card or debit card is a popular method of payment for many people. Most major retailers including online bullion dealers accept credit card or debit card purchases.
Buy Gold With eCheck Or Personal Check
An eCheck is similar to setting up bank transfer with an account and routing number however the funds arrive almost instantly.
Buy Gold With PayPal
Introduced in 1998, PayPal is one of the most popular payment methods out there for people to not only send and receive money, but also to spend money, although there is a small transaction fee.
Buy Gold With Bitcoin
Bitcoin is the most popular and valuable cryptocurrency and is held by many investors. Bitcoin is an excellent payment method for buying gold bars, bullion, and bars thanks to its transparency and convenience.
It is possible to buy gold with bitcoin on places like GoldSilver, Golden Eagle Coin, Vaultoro, Goldmoney, and BitGild. Read our full guide here.
Buy Gold With IRA
An individual retirement account (IRA) is a tax-advantaged account for investors of all kinds to hold cash, stocks, bonds or even alternative assets. A Roth IRA is a popular IRA account that offers tax-free growth and tax-free withdrawals after age 60.
Buying gold and storing it within a dependable tax-advantaged IRA account is becoming more popular with retirement investors. There are many precious metals dealers and custodians who will let you rollover an existing 401k or IRA into a dependable gold backed IRA account.
Have a look at our full gold IRA rollover guide.
Best Place To Buy Gold Online
Our favorite place to buy gold online is GoldSilver thanks to their large selection, stellar prices, buyback program, vault storage, and free shipping.
Best Gold Coins To Buy
The best gold coins to buy are the ones that are of .995% purity or higher.
This includes the Gold American Eagle, Gold Canadian Maple Leaf, Gold American Buffalo, Gold Austrian Philharmonic, Gold Brittania, Gold Chinese Panda, and Gold Australian Kangaroo.
A properly licensed precious metals dealer should have the most popular gold coins available in stock.
Best Place To Buy Gold Coins
You can buy gold coins on the website of most precious metals dealers. Gold coins are considered to be the most popular way for most people to buy gold bullion.
Best Place To Buy Gold Chains Online
Whether you are looking for a 22k Montana, Rio, Komodo, Byzantine style gold chain, GoldSilver carries them in all sizes.
Best Place To Buy Gold Jewelry Online
Many jewelry manufacturers don't explicitly state the purity of their jewelry and it is difficult to reliably find gold at high purity. GoldSilver only sells jewelry which is 22k or 24k gold and is an excellent place to buy gold jewelry online.
Why Buy Gold Bars
Gold bars are less expensive than gold coins because they take up less space than the same number of ounces of coins. Gold bars have less intricate designs and thus lower labor and machining costs than gold coins.
Generally speaking, the bigger the bar the smaller the premium.
Best Gold Bars To Buy
There are many manufacturers of gold bars. The most popular ones include Credit Suisse, PAMP Suisse, RMC Republic, Johnson Matthey, Asahi, Argor Heraeus, and Valcambi.
In addition, many mints manufacture their own gold bars including The United States Mint, Royal Canadian Mint, Royal Australian Mint, UK Royal Mint, New Zealand Mint, Austrian Mint, and The Perth Mint.
When buying gold bars make sure to check the purity of the bar which can range from .995 to .9999. A purity of .9999 is the standard for gold bars. Buy only gold bars with a recognized hallmark and proper stamping.
Best Place To Buy Gold Bars
Should I Buy Gold Or Silver?
While gold may be more valuable than silver, both precious metals are strong alternative assets and belong in a portfolio for diversification.
Is Now A Good Time To Buy Gold?
The price of gold depends on many factors including inflation, interest rate and the size of governments around the world. Many people decide to invest in gold to safeguard their portfolios. It is up to you to decide at what price to buy gold and what percentage of your portfolio to allocate to precious metals.
Can You Buy Gold Coins From A Bank?
While there are many websites that will sell you gold, technically, you can still buy gold coins from a bank in the United States.
On the United States Mint website is a bullion dealer locator that will allow you to see all of the gold dealers in any region, state or zip code of the United States of America. You can visit any of these trusted gold dealers to buy gold coins with cash.