Individuals can purchase gold bars, coins or bullion from major gold brokers who sell gold in their branches, online or over the phone. Forbes recommends buying gold from a well-established dealer, such as The Tulving Company.
To clean white gold, soak it in a solution of mild dish soap and warm water, and scrub off dirt with a paste of baking soda. Rinse the gold with clean water, and buff it with a microfiber towel.
A good place to buy and sell gold is at the shop of a reputable gold dealer or jeweler, according to Bankrate. This method of purchasing and selling gold tends to give the average person the best price for items.
It is best to buy gold when the price per ounce is the lowest. In January and February 2015, gold prices per ounce ranged from $1,000 to $1,200. The average price per ounce in January 2005 was $420.
Silver is a pure metallic element, and white gold is an alloy created by combining gold and a white metal. Common metals used in the creation of white gold include nickel and palladium.
The U.S. Mint publishes a list of dealers by state, according to Kiplinger. The U.S. Mint checks the Better Business Bureau for online complaints against the companies on the list, but it does not vouch for any of them.
White gold, especially in some jewelry pieces, may turn yellow over time when its rhodium plating gradually wears off. Rhodium plating is the preferred plating method used on most white gold rings because it is a pure white metal. This property of rhodium gives white go...