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.
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.
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.
COMEX, the New York futures market for gold and other precious metals, is listed on many business and financial websites, including CNN Money, Bloomberg and NASDAQ. Since gold is a commodity future, it can be followed on most sites that track the stock market.
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.
The current price of gold can be found in the commodities sections of CNN Money, Reuters, the Financial Times and the Wall Street Journal. Prices are typically listed in troy ounces.
Check websites with live gold spot price charts for the current gold rates for the current day. Some websites offering prices include Monex and GoldPrice.org.
Buy an ounce of gold by purchasing it from a reputable dealer such as JM Bullion, Northwest Territorial Mint or USA Gold. Reputable dealers have different methods for selling gold online or over the phone, and these three vendors sell gold in weights of 1 ounce or more.
You can weigh gold at home using a small digital gram scale. These scales are available for as low as $15 at most stores that sell digital technology products. Another option is to use the digital scale at a post office, though having your own digital scale is recommended. In addition to having the
Gold teeth are available online from retailers such as 14KGoldTeeth.com, Custom Gold Grillz and GoldTeeth.com as of 2016. These online shops specialize in removable cosmetic gold teeth, as noted on their websites.