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 from the London Bullion Market Association (LBMA) and the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them right to the preferred storage facility, office or home. Because we purchase bullion right from refineries we will save you money and fulfil your order quickly and efficiently. As being a boutique firm, we provide a customized service, with every order tailored to the specific needs. We charge a single fee in accordance with the items in, along with the total value of, an investment.
This term is bandied about loosely, and used by lots of individuals with no understanding of the silver or gold market. But Precious metals companies is additionally used by others using a very specific meaning. So the truth is, this is a term that has not been clearly defined inside the eyes of both the trading community and the public.
Traditionally, the expression “dealer” usually meant a business, in the trading of any commodity or product, which stood ready to buy or sell that item during trading hours. For example, from the precious metals market we may call a gold dealer somebody that stands ready to make a bid and present price on gold for no less than 500 ounces at any given time. Obviously this doesn’t limit the dealer to trading this amount; it merely means that they stand ready to become a market maker for that item, which is another term – with this wholesale context – for dealer.
Such firms are normally larger, and simply cope with companies in 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 along or me as private individuals, nor with companies which are not actively in the precious metals business.
However, the word “precious metals dealer” later evolved to reference businesses which are involved with the distribution of product to the retailers of coins, bars and bullion who then finally make a sale for 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, as a result of uniqueness of the silver and gold markets, additionally they get involved in buying back merchandise, either being locked in their inventory or even to be scrapped straight back to its original raw state by a refinery.
As these middle-market distributors also make a two-way market, offering to acquire or sell merchandise, they have led these people to also get the nom du jour of Buy silver bullion. It is obvious they are active participants in the marketplace. But while they will usually have an interest in buying and selling bullion products – because this is their business, all things considered – it does not mean they should always show the best buying price or selling price at any given time. There is certainly nothing unjust about their capability to determine pricing. They are susceptible to the market ebbs and flow just as much as in virtually any other marketplace, and must adjust their pricing accordingly. Which will feature a mark-up from your base wholesale price (or discount when they’re buying back) to ensure they turn revenue.