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How to Buy Gold: A Beginner’s Guide

By Comparegoldbuyers Editorial Team

Latest news

If you're new to buying gold, it might feel overwhelming. What type of gold should you get? Where can you buy it safely? How much should you spend? This beginner-friendly guide breaks it all down in simple terms.


Why Consider Buying Gold?

Gold has been used as money and wealth for thousands of years. Today, people buy gold to:

  • Protect against inflation
  • Diversify their savings
  • Own something of lasting value

What Types of Gold Can You Buy?

  • Gold coins: Easy to recognize and trade
  • Gold bars: Larger and typically cheaper per ounce than coins
  • Digital or paper gold: For more advanced investors who don’t want to store physical metal

Steps to Buying Gold

  • Know your budget: Gold is priced by the ounce. Check the gold price today to understand what you might pay.
  • Pick a reputable seller: Look for trusted online dealers with customer reviews
  • Choose your product: Coins, bars, or both—depending on your goals
  • Pay and arrange delivery: Most dealers offer insured shipping

Best Place to Buy Gold?

While there’s no one-size-fits-all answer, some companies are known for better pricing, security, and service. That’s why we built a comparison page to help you choose.

See 2025's Best Places to Buy Gold