Best Places To Buy Gold In 2025

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Where to buy gold in 2025:

Gold dealers (banks, specialized gold dealers, auctions) - here you can buy physical gold.
Online brokers - invest in Gold ETFs and mutual funds, Gold mining stocks, Gold futures.
Peer-to-peer platforms - they connect buyers and sellers of gold directly.

To buy gold in 2025, start by deciding whether you want to purchase physical gold like coins or bars, or if you'd prefer to invest through options like gold ETFs or stocks in gold mining companies. Look for a trusted dealer and keep in mind the extra costs of storing and insuring physical gold. This guide covers different ways to invest in gold, such as buying physical gold, investing in ETFs, buying shares in gold mining companies, and trading gold futures. You'll also learn about the pros and cons of each method and how to pick a reliable dealer to make the most of your investments.

How and where to buy gold?

Gold has long been considered a safe haven asset and an effective store of value, especially in times of economic instability and inflation. Gold attracts investors with its ability to preserve value during economic crises. When stock markets are volatile and inflation undermines the purchasing power of money, gold serves as an effective means of protecting capital, since its value is not subject to the same fluctuations as other financial instruments.

In 2024, the price of gold reached new heights, exceeding $2790 per ounce. This growth was driven by expectations of monetary easing by the US Federal Reserve, which traditionally supports gold prices. Buying gold in 2025 is a strategic decision for investors seeking to protect their savings and diversify their investment portfolio in an unstable economic environment.

Gold dealers

Physical gold can be purchased from providers such as banks, specialized gold dealers, and even auctions. Some of the most well-known online dealers include APMEX, JM Bullion, Money Metals Exchange, and others. When choosing a seller, it is important to consider their reputation, customer reviews, and certifications.

One thing to keep in mind with these investments is that purchasing physical gold comes with storage and security issues. Gold must be stored in a safe place, such as a home safe or a bank safe deposit box. It is also important to insure the gold against theft or damage, which adds additional costs.

Tangibility. Physical gold can be held in your hands, which gives a sense of security.
No counterparty. Unlike financial instruments, physical gold does not depend on the financial strength of another party.

Liquidity. Selling physical gold takes longer and requires additional effort.
Security. The need to store it in a safe place, which is associated with the risk of theft.
Additional costs. The cost of storing and insuring gold can be significant.

Online brokers

You can select a broker platform that offers gold investments (like gold ETFs, gold futures, or gold mining stocks).

1. Gold ETFs and mutual funds

Gold ETFs (Exchange-Traded Funds) and gold mutual funds are investment vehicles that allow investors to gain exposure to gold without owning the physical metal. They are designed to track the price of gold or the performance of companies involved in gold mining.

Gold ETFs are like stocks that you can buy and sell. They aim to closely follow the price of gold by holding gold bullion or futures contracts. This gives investors the flexibility to trade during the day, just like a regular stock.
Gold mutual funds invest in a diversified portfolio that may include gold mining stocks, physical gold, and sometimes gold futures. Managed by professionals, these funds offer a broader exposure to the gold sector, potentially benefiting from the profitability of mining companies.

Easy Trading. ETFs trade on stock exchanges, offering flexibility and liquidity. Mutual funds can be bought and sold through fund companies.
Diverse Exposure. Mutual funds provide diversification across different gold-related assets, which can help reduce risk.
No Storage Hassle. Both options remove the need for physical storage and the associated costs.
Cost-Effective. ETFs generally have lower fees compared to mutual funds, making them a cost-effective choice for many investors.
Tax Benefits. ETFs often have fewer taxable events, which can be advantageous for investors.

Fees and expenses. Management fees and additional expenses reduce the overall return on investment.
Lack of control. Investors cannot directly influence the composition of the fund and its management.
Liquidity and spreads. Some ETFs may have low liquidity and wide spreads between the bid and ask prices.
Taxes. More complex tax implications than individual stocks or physical gold.

2. Gold mining stocks

Gold mining stocks let you invest in companies that dig up gold. You can also do it on the platforms of popular stock brokers. When you buy these stocks, you're betting on the company’s ability to find and produce gold efficiently. If gold prices go up, these stocks can rise even more because the companies can make bigger profits from selling gold. Some of these companies also pay dividends, which means you might get some extra cash just for holding the stock.

However, owning gold mining stocks isn't without its challenges. These companies can face problems like mining accidents, political issues where the mines are located, and high costs. Also, the price of these stocks can swing more wildly than gold itself because they’re tied to so many factors, including how well the company is run. So, while they offer the chance for big rewards, they also come with their own set of risks.

Potential for growth. Stocks can pay dividends and increase in value as the price of gold rises.
Diversification. Investing in gold mining companies adds diversification to a portfolio, reducing concentration risks.

Market risks. The value of stocks depends not only on gold prices, but also on the operating performance of companies.
Management risks. Risks associated with the management and operations of a company can affect the return on investment.

3. Gold futures

Gold futures are contracts to buy or sell a specified amount of gold in the future at a predetermined price. They are highly speculative instruments that can generate significant profits, but they also come with high risks.

Direct price tracking. Futures allow you to directly track changes in the price of gold, making them attractive to speculators.
High liquidity. Futures contracts are traded on major exchanges, providing high liquidity and the ability to quickly buy and sell.

High volatility. Futures are high-risk and can result in significant losses exceeding the initial investment.
Complexity. Trading futures requires a deep understanding of the market and how the contracts work, making them less suitable for inexperienced investors.

To invest in "gold" investment instruments, you need to choose a reliable broker. The key criteria when choosing a broker are low commissions, platform convenience, quality of analytical tools, as well as the reputation and reliability of the company. Below is a table featuring a selection of brokers that excel in these areas, helping you make informed decisions.

Best brokers for investing in gold
	Min. deposit, $	ECN Commission	Investor protection	Open an account
Plus500	100		€20,000 £85,000 SGD 75,000	Open an account Your capital is at risk.
Pepperstone		3	£85,000 €20,000 €100,000 (DE)	Open an account Your capital is at risk.
OANDA		3,5	£85,000 SGD 75,000 $500,000	Open an account Your capital is at risk.
FOREX.com	100	5	£85,000	Study review
Interactive Brokers		2	$500,000 £85,000	Open an account Your capital is at risk.

P2P (peer-to-peer) platforms

Peer-to-peer platforms connect buyers and sellers of gold directly. These platforms can sometimes offer better prices as transactions are conducted without intermediaries. However, buying gold through P2P platforms requires a high level of caution. It’s important to use platforms that offer buyer protection and to thoroughly vet the seller's reputation before making a purchase.

Potential for better prices due to the lack of intermediaries.
Direct transactions between buyers and sellers.

Higher risk, requiring careful vetting of the seller’s reputation.
Limited buyer protection compared to more regulated platforms.

Combining physical gold with ETFs and stocks reduces risk

When investing in gold, there are a few additional aspects to consider to ensure the safety of your investment. First and foremost, pay attention to current macroeconomic trends. The impact of inflation, interest rate changes, and global geopolitical conditions are the factors that have the greatest impact on the price of gold. For example, when interest rates fall, gold prices tend to rise as investors seek safer assets.

The second important point is choosing the right time to buy. Analyze seasonal and historical data to determine the optimal moments to enter the market. Gold often exhibits seasonal fluctuations, such as increased demand during festivals in India or before holidays in Western countries. Use these patterns to maximize profits.

Finally, diversify your gold investments. Don’t limit yourself to one type of investment vehicle. Combining physical gold assets, such as coins and bars, with financial instruments, such as ETFs and gold mining stocks, can reduce risks and increase returns on your investment portfolio.

Conclusion

Investing in gold is a time-tested strategy for protecting capital and diversifying your portfolio. However, the choice between physical gold and financial instruments depends solely on your investment goals and risk tolerance. Also consider macroeconomic trends, seasonal fluctuations, and a variety of investment instruments to maximize returns and minimize risks. By making informed decisions and consulting with financial experts, you can effectively use gold as part of your investment strategy. Remember that only careful market analysis and portfolio diversification play a key role in profitable investing.

FAQs

What factors should you consider when investing in gold?

Besides economic instability and inflation, you should consider geopolitical risks, changes in central bank policy, and currency market trends. For example, a strong dollar can depress the price of gold, as it becomes more expensive for holders of other currencies.

What alternatives are there to storing physical gold besides safe deposit boxes?

Alternative storage options include using specialized private storage facilities, as well as high-security home safes. It is also important to consider the possibility of insuring gold when storing it at home.

How to choose a reliable broker for buying gold?

When choosing a broker, it is important to check reputation through customer reviews and ratings on specialized sites. You should also make sure that the broker is licensed.

What innovative technologies are used to ensure the safety of gold storage?

Modern technologies include the use of biometric access systems, GPS trackers for gold movement, and blockchain technology to track the authenticity and origin of gold bars and coins. These technologies help to significantly increase the level of security and transparency of gold storage.

Team that worked on the article

Maxim Nechiporenko has been a contributor to Traders Union since 2023. He started his professional career in the media in 2006. He has expertise in finance and investment, and his field of interest covers all aspects of geoeconomics. Maxim provides up-to-date information on trading, cryptocurrencies and other financial instruments. He regularly updates his knowledge to keep abreast of the latest innovations and trends in the market.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

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Volatility

Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.

Cryptocurrency

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Investor

An investor is an individual, who invests money in an asset with the expectation that its value would appreciate in the future. The asset can be anything, including a bond, debenture, mutual fund, equity, gold, silver, exchange-traded funds (ETFs), and real-estate property.

Futures contract

A futures contract is a standardized financial agreement between two parties to buy or sell an underlying asset, such as a commodity, currency, or financial instrument, at a predetermined price on a specified future date. Futures contracts are commonly used in financial markets to hedge against price fluctuations, speculate on future price movements, or gain exposure to various assets.