How to Buy Gold and Silver at Spot Price?


This is one of the most common questions bullion enthusiasts and collectors always ask. Everybody wants to buy gold at spot price or silver at spot price, everybody wants to buy their gold and silver bullion for the best price possible.

Who wouldn’t? We all want to be able to pay the lowest premiums when purchasing precious metals. It’s Human nature!

So where can we buy Gold and Silver at Spot Price?

Well, it’s not quite simple, there are many places offering bullion at spot prices, however it is crucial to know which ones are real and which ones are counterfeits. Lately there have been many people selling gold plated or silver plated bullion, which is why it is important to be purchasing from a reputable business. After all, this is an investment and you want to be able to make the most out of it while also protecting your downside, even that means paying a bit of a price premium.     

Do your research before making a purchase?

Before we make any purchases or find any deals about purchasing silver at spot price, the first thing we need to do is to research places where we can purchase our bullion products at spot. Gold is one of those ones that you can rarely, if not never, find any luck at finding it at spot price. If  you do find Gold being sold at exactly spot or even below, chances are that deal is a scam and the bullion they are selling is counterfeit. If it is real, you must be one of the luckiest people on this planet, but otherwise count on it to be a fraud.

This is why it is especially important to do research about the business that you are purchasing from. 

Usually you can find deals for silver at spot price on different websites, however those tend to be promotional offers and only a one time deal. If you want to get the best deal on your silver purchase, it is best to buy them in bulk and buy bigger bars. The premiums on deals like those tend to be significantly smaller compared to a single individual bar. 

Things to look out for.

Does the business have an up to date website? 

Do they have an office? 

Are they accredited by the Better Business Bureau (BBB)? 

Do they have a phone number or social media pages for you to get in touch with them? 

Do they have reviews online?

These are all questions that you need to be asking to make an informed decision on the purchase you are going to make. 

What’s great is that Au Bullion has all of these! We have been in the business for years now, serving all parts of Canada with our services and products. 

We also have promotions for selling silver products at spot prices from time to time through our weekly email updates so be sure to sign up and stay tuned for those emails!