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 also the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them instantly to your chosen storage facility, office or home. Because we purchase bullion straight from refineries we can save you money and fulfil your order efficiently and quickly. As a boutique firm, we provide a personalised service, with each order tailored for your specific needs. We charge one particular fee in line with the components of, as well as the total value of, an investment.
This term is bandied about loosely, and used by lots of those with no understanding of the gold or silver market. But Buy silver bullion is additionally made use of by others having a very specific meaning. So the truth is, it really is a term that is not clearly defined inside the eyes of both the trading community along with the public.
Traditionally, the term “dealer” usually meant a firm, in the trading of any commodity or product, which stood prepared to buy or sell that item during trading hours. As an illustration, within the precious metals market we might call a gold dealer someone who stands ready to create a bid and give price on gold for a minimum of 500 ounces at one time. Needless to say this doesn’t limit the dealer to trading this amount; it really signifies that they stand ready as a market maker for that item, which is another term – in this particular wholesale context – for dealer.
Such firms are typically larger, and just deal with companies in the same industry. So in precious metals, their counterparties can 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 which are not actively working in the precious metals business.
However, the word “precious metals dealer” later evolved to talk about businesses which can be included in the distribution of product for the retailers of coins, bars and bullion who then finally create a sale to the public. These institutions, who typically inventory product for sale to companies like coin retailers, jewelers, and bul1ion companies, are viewed middle-market distributors or wholesalers in other industries. However, due to the uniqueness from the gold and silver markets, they also get involved in buying back merchandise, either to be kept in their inventory or even to be scrapped returning to its original raw state by way of a refinery.
Since these middle-market distributors also create a two-way market, offering to buy or sell merchandise, it has led these people to also get the nom du jour of Precious metals services. There is no doubt they are active participants in the marketplace. But whilst they will invariably have an interest in selling and buying bullion products – since this is their business, in fact – it does not necessarily mean they need to always show the best buying price or price level at any moment. There may be nothing unjust concerning their power to determine pricing. They can be subject to the current market ebbs and flow as much as in 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 make certain they turn revenue.