A major downside is that banks rarely buy gold back from customers, meaning you'll still need a private dealer when it’s time to sell. Pros and Cons
AI responses may include mistakes. For financial advice, consult a professional. Learn more buying gold bullion from banks
Compare the bank's price against reputable online dealers like APMEX or Birch Gold Group to ensure you aren't overpaying. A major downside is that banks rarely buy
Most major U.S. banks do not sell physical gold to the public. You may have better luck with local credit unions or smaller, rural banks that sometimes buy and sell coins received from customers. Learn more Compare the bank's price against reputable
If they have it, you can often store it immediately in a safe deposit box at the same location.
Buying Gold and Silver Coins From Banks | 2024 Buyer's Guide