How To Buy Gold and Silver?

Published on 3/16/2021 by APMEX

How To Buy Gold and Silver?

Buying Gold and Silver is a little different than your typical investment. While it can be as important as investing in your future, it can also be a fun shopping experience. Here are a few things you will want to know as you begin investing in Precious Metals.

Understand The Price Terms

Before you buy a Precious Metals product, you need to understand how it is priced. Here are a few terms you should know and how they relate to the price to buy and sell products:


Set by global markets, the spot prices change often. A bid price is the price markets will pay for Precious Metals. The ask is the spot selling price. 


A premium is added to the ask price to cover the cost of manufacturing and distribution. When you see ".99 cents per ounce over spot," the premium is .99 cents. 


We make it easy to sell your Precious Metals, from locking in your price to getting paid. We offer fair, market-driven prices that are locked in when your order is placed over the phone. Sell prices are often referred to as volume pricing


The difference between the buy price and sell price is called the spread

Research Your Retailer

Only buy Precious Metals from reputable retailers. If you see an opportunity that is significantly cheaper than current market prices, it is likely that the products for sale are not authentic. Always stay up to date on current market prices and only do business with sellers that have a long-standing reputation for quality.

Choose Your Products

With thousands of Precious Metals products on the market, choosing investments is a personal decision. Some people simply want Gold or Silver coins, rounds or bars. Others want products that are valuable because of their design, mintage or other collectible qualities.

Place Your Order

In some ways, buying Precious Metals is as easy as adding a product to your cart and going to check out. 

Lock in Your Price

Your price should be locked in for at least five minutes after you start the checkout process.

Choose Method of Payment

A range of payment options includes:

  • Credit/debit card (excluding prepaid cards)
  • PayPal
  • Bank Wire
  • eCheck
  • Paper check
  • Bitcoin
  • Bitcoin cash
  • Etherium

Check Shipping Times

Fast shipping times usually mean the product is on hand. Abnormally long shipping times can mean a dealer doesn't own the product.

Rewards Programs

Perks can include free shipping, promotional offers or advance notice of sales. Learn more about APMEX Club.

How to Store

Securely storing Gold and Silver is top-of-mind for most investors. If you wish to store your investments at home or in a bank, APMEX supplies will protect your products from damage. Citadel, an APMEX subsidiary, works with Brink's to offer private storage in a high-security facility.

AutoInvest with APMEX

Now that you've learned the benefits of buying physical Gold and Silver, determined how much to buy, explored the different Gold and Silver products available, and how to buy bullion - you may be interested in investment strategies like Autoinvest. APMEX also offers exclusive tools and alerts to easily manage your Precious Metals investments and stay up-to-date on the fast-moving market. 

APMEX recommends discussing the pros and cons of investing with a financial adviser or professional.

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