Is now the time to invest in gold? Start with a top gold dealer

Gold prices have fallen almost 5% since their peak, so now may be a good time to buy on a dip.

Long seen as a hedge against inflation and global unrest, gold bullion – or physical gold – was trading at an all-time high of $2,805 an ounce on October 30, days before the US presidential election and amid rising tensions in the Middle East. Since then, gold prices have fluctuated between their October peak and November 14’s low of $2,541 before reaching $2,664.50 on December 3. Therefore, investors who use an online gold dealer to purchase gold now can benefit from its potential future appreciation.

“A pause in Fed rate cuts in December could dampen gold prices in the short term, but the easing monetary cycle, macroeconomic and geopolitical uncertainty and healthy physical demand will maintain positive sentiment in the gold market,” said a note published by ANZ.

Invest in gold with a top online gold dealer for 2024

Online gold dealers provide a platform for buying and selling gold coins, bars, and other precious metal-based assets. Before choosing the best online gold dealer for your needs, it is important to understand that these platforms can vary greatly in their fees, shipping costs, storage options, customer service, metal selection, and other details. We have researched the best online gold dealers to help you choose the right company to help you achieve your goals.

JM Bullion tops the list due to its competitive fees and shipping costs, positive customer reviews, and wide selection of gold coins and bars (along with other precious metals and collectibles). However, if you want the lowest gold rewards, you should consider BGASC.

Money Metals Exchange now offers the largest selection of metals that can be stored directly with the company or in a gold IRA. Not sure if you’ll keep your gold? APMEX offers the best buyback program for hassle-free withdrawals. Orion Metal Exchange scores best in customer service with a near-perfect Trustpilot rating of 4.9/5.0, and SD Bullion offers the most transparent pricing for fees, shipping, and gold buybacks.

Compare the best online gold dealers