Here are some apps that you can use to buy gold:
- OneGold: OneGold is an app available on the App Store that allows you to buy gold, silver, and platinum. It offers features such as 24/7 trading, live prices, interactive charts, real-time alerts, and more.
- APMEX: APMEX is another app available on the App Store and Google Play that allows you to buy gold, silver, platinum, and palladium. It offers features such as live spot charts, custom market alerts, a wide selection of bullion and collectible products, and secure checkout.
- Gold & Silver Spot JM Bullion: This app, available on the App Store, is offered by JM Bullion, a leading online bullion dealer in the United States. It provides live spot price movements of gold, silver, platinum, and palladium, interactive charts, customizable email and text alerts, and access to their full catalog of precious metals products.
OneGold 2023: Best App For Buying Gold?
OneGold’s comparison to Coinbase in the cryptocurrency realm highlights its role as the “Coinbase of precious metals.” It offers an easy entry point for both investors and enthusiasts, allowing seamless investment and price tracking. Security and trust are ensured through its parent company APMEX, which has a strong reputation, insurance by Lloyd’s of London, routine audits, and separate customer-owned metals.
A standout feature is OneGold’s ability to facilitate physical metal redemption within the app, even for those who initially opt for vault storage. It distinguishes itself through lower fees, including thin spreads and competitive storage costs. The app’s interface, filled with video tutorials, caters to all levels of investors.
what are the fees associated with buying gold through these apps.
Roughly 2% in fees. However, it is common for fees to be charged when buying gold, such as shipping and insurance fees, as well as potential charges for using a credit card for the purchase. It is recommended to visit the websites or contact the customer support of these apps to get detailed information about the fees involved in buying gold through their platforms. so, the spot price per the app at the time was $1,797.40 and you paid a price of $1,811.78, so you are still paying a premium, and on top of that they charge roughly 2% in fees as you did not get your full $50 in “gold”. When you request physical possession of your gold what do you get sent? random gold bars? actual gold eagles? Is there a fee for shipping and/or a fee for withdrawing it from their vault? I’ll stick with JM bullion and their military discount coupled with free shipping. I can pick exactly what I want and keep it locked up myself.