New to precious metal investing...what should i be paying

P

PlatinumGirl

Member
Hi all im britney

Just curious what i should be looking to pay for silver, im purchasing at city gold bullion at brisbane right now, paid $30 for my first few coins, my question is private sales, people seem to want high prices, what should i be paying for 10 ounce bars in todays market? and are 1/10 ounce gold coins worth buying? thanks :)
 
You should walk away if someone tried to sell you over dealer's sell price.

For you question, 10 oz bullion silver bars (not rare collectable one) would be price at around $240~260.

1/10 oz Gold? I have no idea.......
 
Welcome to the forum, as a general guide private sales should be lower than bullion dealer prices
 
Occasionally you will run into delusional forum members trying to sell items at well above market price
 
britney said:
Just curious what i should be looking to pay for silver, im purchasing at city gold bullion at brisbane right now, paid $30 for my first few coins, my question is private sales, people seem to want high prices, what should i be paying for 10 ounce bars in todays market? and are 1/10 ounce gold coins worth buying? thanks :)
Click to expand...

Cheapest main dealer 10oz bar seems to be about $265 or so right now.
 
hi, 1/10 oz coin are worth buying, everyone has their own budget and amount they want to spend so it's just what suits you and your needs and what you want to spend, same when it comes to selling, different people buy different sizes, gold is gold, but its usually cheaper if you buy bigger coins, not as much premium 1oz compared to 1/10oz, usually 1/10oz are around $200-$250
 
GoldenEye said:
1/10 ounce gold coins would be at least $200.

You might get more responses by putting your question in the "Welcome New Members" forum.
Click to expand...

I am glad to hear that as I have been bought some 1/20 & 1/10 oz gold coins a few months ago.
 
You must log in or register to reply here.
Back
Top