Here's how to go about buying gold in the UK.

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HELLO!!! Do you want to buy gold UK? If you’re based in the United Kingdom and want to invest in gold, you have landed at the right blog. Whether you are investing in gold in the United Kingdom for investment or collectors purposes, there are a number of options when it comes to investing in gold.

For collectors, or small investors a good place to start looking to buy gold in the UK is either at a local gold bullion, coin dealer or online gold brokers. If you are looking for a larger investment in gold and want to invest for the long term, a gold retirement fund or gold individual retirement account may suit your circumstances better where you can invest in gold funds which you can cash out when you retire. This blog will help to explain the different options you have when wanting to invest gold in the United Kingdom.

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If you are just testing the water by investing in gold, then UK gold brokers, such as the Royal Mint, have a large variety of gold bullion coins and gold bars to choose from. Reputable UK based gold brokers often have the lowest prices, as their operating costs are much lower which allows investors and collectors to invest in gold online at a fairly affordable rate. Because you can choose the weight of the gold you want to invest, most investors can invest as little as £100 worth of gold as an initial investment.

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If you want to invest in gold in the UK, investors and collectors have a large variety of gold bullion bars and coins to choose from. Gold bullion comes in many different shapes and sizes, with varying weight and purity of gold to choose from. Smaller investors can begin investing in gold in the United Kingdom by investing in smaller gold bullion bars such as the 1 gm bar or gold bullion coins, whereas larger investors may prefer to invest in larger gold bars up to 1 ounce in weight.

The Royal Mint is the main manufacturer of UK gold coins and bars, although there are many other reputable mints, the Royal Mint has the largest selection to choose from. They have minted gold coins such as the Gold Sovereign, Gold Half Sovereign and the Gold Britannia.

The British Gold Sovereign is by far the most popular gold bullion coin to invest in the UK. Designed by Benedetto Pistrucci with the iconic image of St. George on the back of a horse.

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There are many benefits to investing in gold in the UK. The majority of UK gold brokers often provide secure gold storage where they will store your gold in insured UK based vaults, so you won’t even need to take delivery of your bullion. Because of this, you will often be provided with a discount price on the gold bullion you are investing for using their storage facilities. This is a much safer option than storing in your home where you susceptible to burglaries and theft. Most UK gold brokers have a large selection of investment opportunities, provide live spot prices and can even offer buy back services.

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There are lots of UK gold bullion coin and bar dealers all over the United Kingdom. You can also find deals in local pawn brokers on various precious metals. The only problem you face when dealing with local gold dealers is that while perfectly trustworthy and most will sell high quality gold, they often carry smaller inventories and can charge higher prices due to overheads and other operating costs. Please bare this in mind when buying gold in the UK from a local dealer.

Want to find out more about gold and silver? Get the latest news, guides and information by following the best community on the blockchain - #silvergoldstackers. We're a group of like minded precious metal stackers that love to chat, share ideas and spread the word about the benefits of "stacking". Please feel free to leave a comment below or join us in the community page, or on discord.

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Yes you really need to shop around, I have seen a large swing in spot/plus prices from one LCS to another in my home town.
Funny photo @welshstacker with the guy in the trench coat, as a teenager I actually ran into a guy with a coat full of shiny things ....I think THIS was the guy!! Lol!!!
Be careful...shop around....stack on!!!🤗

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