When you buy gold from dealerships, they charge some fees and premiums. Oftentimes, these charges are as specified in the agreement. But sometimes, your gold dealership might be getting a lot more than they should from you. This could even be from when you try to buy or sell your stock of gold. Here’s how your gold dealership steals from you when you get into gold buying. 5 Ways Your Gold Dealership is Stealing From You 1.   Not Explaining Karats But Weighing Them Together One thing buyers fail to grasp is the concept of karats. The ignorance of this is why some fraudulent dealers st ..read more

Most people involved in gold buying do so to keep it as a hedge fund against future economic crises. This is inclusive of times of widespread financial instability. The reason for this is not far-fetched as gold buying in Ghana has the ability to maintain one’s purchasing power over time. However, there is more to gold buying than this. Nowadays, many dealerships offer potential investors opportunities to make money off their gold. Buyers of gold can monetize their stock of gold and earn from it. Clients sign agreements stating the quantity they wish to monetize. Likewise, the dividends receiv ..read more

Every day, more investors see the need to diversify their investments with precious metals.  Hence, gold buying is seeing more and more patronage. But each year, thousands of gold buying investors get scammed by dishonest dealerships. Thereby,  losing millions in the process. Some of these scams have originated and are reported to have taken place in Ghana. It’s no surprise, as Ghana is a country with an abundance of gold. So do you want to avoid being swindled or scammed again? Here are some vital things you must know about gold buying. 5 Ways To Avoid Being Scammed in Gold Buying 1 ..read more

Throughout history, gold has remained one of the most precious metals. It has served as a valuable instrument for exchange and proof of wealth in centuries past. Hundreds of years later, people still buy gold as it has not lost its touch in the economic market. Whether in times of inflation or financial crisis, gold serves as the best insurance strategy for any investor. It tends to maintain its value more than all other asset-backed currencies. Due to this level of economic stability, investors have considered it to be one of the safest investment plans. Things to Consider When You Deci ..read more

Following the market crash of 2007, many investors began searching for low-risk investment plans. This was to protect their money as well as grow their assets. With this loss of trust in the banking sector, investors found gold bullion investment to be a refuge for their wealth. This affinity to gold did not begin with the 21st-century. For hundreds of years, gold has remained the symbol of wealth and prosperity. But, in recent times, it has grown to be much more. And so for many relatable reasons, these shiny yellow metals are now a part of every investor’s portfolio. Benefits of Invest ..read more

Over time gold bullions have earned their place in the economic market. Of all other investment options, investors have come to trust gold as the best option for the preservation of their assets. The reason for this is not far-fetched as gold bullions are known to withstand economic plummets. Research conducted showed that real estate markets and stock prices performed better than gold between 2010 to 2020. But, during the financial crisis of 2007 to 2009, gold outdid other stock indices. This was also what happened during the coronavirus pandemic of 2020. The prices of gold bullions outra ..read more