If you are new to the mysterious world of investment and you have already discovered that gold is a good all-round investment that has many benefits. If you are keen to do something positive with that disposable income, here are a few tips on purchasing gold bullion.

• Set Up Secure Online Trading – Timing is everything when buying or selling gold and when you do find a gold bullion dealer, register on their website and you can make transactions with a few mouse clicks. Using their secure trading network puts you in control of your trading, and there’s no more convenient way to trade a commodity like gold.

• Connect With A Reputable Gold Bullion Dealer– This is essential and all investors have their preferred dealers; some find the best place to buy gold in Brisbane while others have contacts they rely on in their own location. Always insist on taking physical possession of your bullion, which you can do at the bullion dealer’s office. When you deal with an established gold bullion dealer, you can be sure of the best service and spot prices are always accurate. You can learn a great deal from an experienced bullion dealer and you shouldn’t deal with anyone else, as there is no need.

• Start Researching The Markets – The more you know about gold markets, the better. The World Wide Web has a wealth of information on every aspect of gold, including hall marks and purity levels. You can self-teach to quite a high level and coupled with a few years of hands-on experience, you will have the skills and knowledge to make profit.

• Trade Simulation– Why not set yourself up as a dummy trader and using imaginary money, track your progress over a few months. This is a good way for a novice trader to gain a better understanding of how things work and when you think you’re ready, start trading for real. It is essential that you forge a working relationship with a reputable gold bullion dealer and make a secure online connection to enable you to buy or sell at any time.

• Physical Possession – We don’t recommend you to store your gold with a 3rd party, at least not at the start of your enterprise. Install a concealed safe at home, or rent a box at a local vault, which should be adequate for small amounts.

• Consider Gold Coins – Many first-time gold buyers prefer the 1oz gold coins, such as the American Eagle, American Buffaloand Canadian Maple Leaf, which are globally recognised and very easy to liquidate. Spend time online reading about gold coins and there are some amazing coins minted in pure gold. You can morph your investments with a hobby, collecting gold coins.

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The current economic climate is driving the price of gold up and this doesn’t look like changing anytime soon. Now is a great time to put your wealth into this alluring yellow metal, which has performed well in the past few years. Markets are unpredictable, which is another reason to invest in a stable commodity like gold.