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LSTA, a Texas-based company that also owns precious metals dealers U.S. Gold Bureau and WholesaleCoinsDirect.com, operates a highest-rated, Class 3 vault that serves as the depository’s initial location. Planning for a permanent home for the Texas Bullion Depository began in 2018, at a site in Leander, Texas that should be completed in 2019.
A small number of banks sell gold directly to customers. The Massashusetts-based Leader Bank, for example, offers 1-ounce and 1/10-ounce gold bullion coins and 10-gram 99.99%-pure 24-karat gold ...
Gold attracts various forms of fraudulent activity. Some of the most common are: Cash for gold – With the rise in the value of gold due to the financial crisis of 2007–2010, there has been a surge in companies that will buy personal gold in exchange for cash, or sell investments in gold bullion and coins.
Texas Precious Metals, based in Shiner, Texas, is one of the largest precious metals dealers in the United States. [ 3 ] [ 4 ] The company reported annual revenues of $180.1 million in 2013 [ 1 ] and $153.2 million in 2014. [ 2 ]
If a 1-ounce gold bar is too pricey at about $2,000, you can buy gold coins or gold jewelry. Just be sure that you know the actual gold content of what you are buying, and buy from a reputable dealer.
Nowadays, you can buy gold in many different forms, from coins and bullion to exchange-traded funds and derivatives. S ee Also: 5 Genius Things All Wealthy People Do With Their Money.
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