Buy Gold Online Announces Launch of Price Comparison Website for Precious Metals
Gold Trade News November 04, 2019
By Alison Macdonald
Commercial Editor at Bullion.Directory
Buy Gold Online announced the completion and launch of their precious metals price comparison engine today. The website allows users to compare prices for gold bullion, silver, platinum and palladium investment products from the world’s most reputable mints, refineries and online bullion dealers.
The website is the first of its kind that provides a price comparison engine for investment products from regulated and reputable bullion dealers.
All vendors that have products listed on the website are either a member of a trade association such as the LBMA (London Bullion Market Association) or the Better Business Bureau and have been assessed for reliability and customer satisfaction.
The problem with gold bullion and other precious metals is that dealers make their money through the difference between the price at which they sell gold and the price at which they buy it – this is also known as the “spread”. So when you buy gold from a dealer you will probably pay more than the market or “spot” price.
Considering great sums of money are involved and often there are fine margins between profit and loss, the owners of the website came up with the idea so investors could maximize profit on every gold investment they make.
Dan Jarvis, an affiliate manager for Buy Gold Online, says “Currently we have over 300 physical bullion products listed on the website with 15 retailers already registered.
We expect these numbers to have doubled by the end of Q1, 2020 and later next year we will introduce an additional comparison engine where users can compare prices to sell their precious metals for the best available live price”.
For more information regarding Buy Gold Online and to start comparing prices for gold, silver, platinum and palladium bullion bars, nuggets, ingots and coins visit https://www.buygoldonline.io.
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