Purchase investment grade precious metals safely, securely and discreetly through us. We source gold, silver, platinum and palladium bullion and coins from members and associates of your London Bullion Market Association (LBMA) along with the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them directly to your selected storage facility, office or home. Because we purchase bullion directly from refineries we could help you save money and fulfil your order quickly and efficiently. Like a boutique firm, we provide a customized service, with each order tailored in your specific needs. We charge an individual fee depending on the items in, as well as the total worth of, an order.
This term is bandied about loosely, and used by many people with no familiarity with the gold or silver market. But Buy silver bullion is also used by others with a very specific meaning. So in reality, it is a term that has not been clearly defined inside the eyes of both the trading community and the public.
Traditionally, the word “dealer” usually meant a company, involved in the trading of a commodity or product, which stood prepared to buy or sell that item during trading hours. As an illustration, within the precious metals market we would call a gold dealer someone who stands ready to generate a bid and present price on gold for no less than 500 ounces at the same time. Naturally this doesn’t limit the dealer to trading this amount; it just ensures that they stand ready to be a market maker for your item, which is another term – within this wholesale context – for dealer.
Such firms are typically larger, and just cope with companies within the same industry. So in precious metals, their counterparties could be banks, refineries, consumers or producers of gold, silver, platinum or palladium. These dealers would not typically trade together with you or me as private individuals, nor with companies that are not actively involved in the precious metals business.
However, the word “precious metals dealer” later evolved to reference businesses which are linked to the distribution of product for the retailers of coins, bars and bullion who then finally create a sale on the public. These institutions, who typically inventory product for sale to companies like coin retailers, jewelers, and bul1ion companies, are thought middle-market distributors or wholesalers in other industries. However, due to the uniqueness from the gold and silver markets, additionally, they take part in buying back merchandise, either to get locked in their inventory or even to be scrapped to its original raw state from a refinery.
Because these middle-market distributors also produce a two-way market, offering to purchase or sell merchandise, they have led them to also achieve the nom du jour of Precious metals services. There is no doubt they are active participants in the market. But though they will have a desire for buying and selling bullion products – because this is their business, all things considered – it does not always mean they need to always show the most effective buying price or selling price at any time. There may be nothing unjust regarding their power to determine pricing. They can be subject to the marketplace ebbs and flow nearly as much as in virtually any other marketplace, and should adjust their pricing accordingly. Which will add a mark-up from the base wholesale price (or discount when they’re buying back) to guarantee they turn revenue.