Buying Gold Bullion From Banks -

Most major U.S. banks do not sell physical gold to the public. You may have better luck with local credit unions or smaller, rural banks that sometimes buy and sell coins received from customers.

Do not expect to walk into a branch and buy gold. Most banks that still participate require you to be an existing account holder and may need to order the metal in advance. buying gold bullion from banks

You won't find a wide variety of weights or styles; banks usually stock only standard 1 oz coins or small bars. Most major U

Banks typically charge a 7–10% markup over the "spot" market price, which is often higher than specialized dealers. Do not expect to walk into a branch and buy gold

Buying Gold and Silver Coins From Banks | 2024 Buyer's Guide

Buying gold bullion from a bank is possible but increasingly rare, especially in North America. While some international institutions in Europe (like Switzerland) or Asia still offer retail gold services, most U.S. banks have moved away from physical precious metals due to high security costs and price volatility. The Typical Experience