Consider Investing with Gold Bullion International
Looking to invest in gold? Check out Gold Bullion International! They offer a variety of products that make investing in gold easy and affordable. In this review, we will discuss Gold Bullion International's different products and their customer service and shipping policies. We'll also give you our opinion on whether or not we think GBI is a good choice for those looking to invest in gold.
About Gold Bullion International
Gold Bullion International was founded in 2008 and is headquartered in New York City. They offer gold bars, coins, and rounds in a variety of sizes, from one gram to one kilogram. GBI also offers storage options for investors who want to secure their gold.
Pros & Cons
Pros:
Cons:
Products Offered
GBI offers a wide range of gold products, including bars, coins, and rounds in various sizes.
Gold bars:
GBI offers gold bars from reputable mints such as PAMP Suisse and Credit Suisse. These bars come in various sizes, ranging from one gram to one kilogram.
Gold coins: GBI offers both modern and ancient coins, including the popular American Gold Eagle and Canadian Gold Maple Leaf coins. These are available in sizes ranging from 1/10 oz to 1 oz.
Gold rounds: GBI offers gold rounds from private mints, with designs ranging from the classic Buffalo design to patriotic themes. These are available in sizes ranging from 1/10 oz to 1 oz.
Storage Offered
GBI offers secure storage options for investors. They have vault locations in the United States, Canada, and Switzerland.
Prices & Payment
GBI offers competitive pricing on its gold products. They only accept payment via wire transfer or check.
Delivery & Shipping
GBI offers fully insured shipping on all orders.
Return Policy
GBI does not offer the option to sell back to them. However, they offer a buyback program through their partner, Kitco, where investors can sell its gold products at the market rate.
Trustworthiness and Business Reputation
GBI is BBB accredited and has received positive reviews from customers. They also have a strong reputation in the gold investing community.
Real Customer Reviews
Customers have had positive experiences with GBI. They appreciate the wide range of gold products available and the competitive pricing.
I have been buying gold from GBI for several years now and have always had a great experience. They have a wide selection of products and competitive pricing.
J.P
GBI has been my go-to for purchasing gold. Their storage options are secure, and their customer service is top notch.
A.S
You can't go wrong with GBI. They have a great selection of products, and their storage options are secure.
M.H
I am a repeat customer and have always had a positive experience with GBI. Their prices are competitive, and their customer service is excellent.
S.M
Gold Bullion International is my go-to for purchasing and storing gold. I trust them to keep my investment safe.
J.W
If you're looking for a reliable place to purchase and store gold, GBI is the way to go.
K.M
Service Locations
GBI can ship worldwide and has vault locations in the United States, Canada, and Switzerland.
Price Match Policy
GBI does not have a price match policy.
Not a Scam
GBI is a legitimate gold investing company with a strong reputation in the industry. They are BBB accredited and have received positive reviews from customers. They do not offer any "get-rich-quick" schemes or promotions. Investing in gold is a long-term strategy, and GBI can assist investors with building their portfolios.
Customer Service
GBI has received positive reviews for its customer service. They can readily assist with any questions or concerns regarding purchasing and storing gold.
BBB Rating
GBI is BBB accredited and has a rating of A+. Two complaints were filed in the past 3 years, which were resolved.
Trial Period/Guarantee
GBI does not offer a trial period or a money-back guarantee.
What to Do If You Don't Trust Them?
If you have doubts about GBI, it's important to research the company and read reviews from other customers thoroughly. It may also be helpful to speak directly with a representative from GBI to address any concerns or questions.
It’s up to the individual investor to decide if they feel comfortable working with a particular company. As always, it's important to diversify investments and not put all of your money into one company or asset.
How do They charge For Their Products' Value?
GBI offers competitive pricing on their gold products and charges based on the current market rate. Customers have the option to purchase and store physical gold through GBI, or they can choose to hold their investments in an allocated or unallocated account.
The prices for these options can vary, and it's important to carefully review each option before deciding. GBI can assist with explaining the differences and helping customers choose the best fit for their individual investing goals.
Why Don't They Accept Cash or Credit Cards?
GBI does not accept cash or credit cards for gold purchases because it is a high-value commodity and can be easily stolen. They also adhere to strict anti-money laundering laws and require necessary documentation for all transactions.
Accepted forms of payment include bank wire transfers, personal checks, and ACH debit from a bank account. These payment methods provide a secure transaction and protect the customer and GBI.
Steps to Buy from GBI
- 1Set up a GBI account and provide the necessary documentation for verification purposes.
- 2Choose your preferred gold product and payment method.
- 3Complete the transaction and choose a storage option, if applicable.
- 4Monitor your investment and consider diversifying to protect against risk. GBI can assist with building a diverse portfolio and providing additional guidance on gold investing.
Precious metals vs. digital gold
GBI primarily deals with physical gold, a tangible asset with real-world value. Digital gold typically refers to owning gold through an online account or exchange. Both have their own advantages and disadvantages, and it's up to the individual investor to decide which option aligns with their investing goals. GBI can assist with explaining the differences and helping customers make informed decisions.
Why invest in gold in 2023?
2023 can be a tumultuous year with potential challenges in the global economy. Gold is often seen as a safe haven investment and can protect against inflation and uncertainty in other markets. It can also serve as a hedge against fluctuations in the stock market.
Documents needed for investing with Gold Bullion International
To invest with GBI, customers must provide proof of identity and residency. This can include a government-issued I.D. and a utility bill or bank statement. Additionally, GBI may request documentation for large transactions in compliance with anti-money laundering laws.
Who can invest with Gold Bullion International
GBI allows individuals and institutions to invest in gold. The minimum purchase amount is $10,000, but there is no maximum limit. GBI offers services for U.S. and international customers, although some countries may have specific regulations and limitations on precious metal investing.
Gold for retirement
Many investors include gold in their retirement portfolios to diversify and protect against economic uncertainty. Gold can also serve as a hedge against inflation, potentially increasing in value over time. GBI offers IRA accounts for customers looking to invest in physical gold for retirement purposes. It's important to consider all options and speak with a financial advisor before making any decisions about retirement investments.
Gold bullion refers to bars or coins made of pure gold, typically used for investing purposes. The value of gold bullion is determined by its weight and the current market price of gold.
GBI offers a variety of gold bullion options, including bars from one gram to four hundred ounces and coins such as the American Gold Eagle and Canadian Gold Maple Leaf. Investing in gold bullion can be a way to hedge against economic uncertainty and protect wealth.
Yes, gold bullion is made of pure gold and has real-world value. It may be worth more or less than the current market price of gold, depending on its weight and other factors such as rarity or collectability. GBI guarantees the authenticity and purity of all gold bullion products. Customers can also choose to have their bullion independently certified for added assurance.
You may be subject to capital gains tax if you sell your gold bullion at a profit. However, this can vary depending on the specific laws in your country or state. GBI recommends consulting with a tax professional for advice on the tax implications of gold investing.
The value of 1 gold bullion is determined by its weight and the current market price of gold. It may also vary based on factors such as rarity or collectability. GBI offers a real-time pricing tool on its website for customers to easily determine the current value of their gold bullion. Consult with a financial advisor for advice on the potential value of your gold investments over time.
Bullion refers to bars or coins made of pure gold, while “gold” can refer to any item made of this precious metal. Not all gold items are considered bullion, as they may be mixed with other metals or have a different form, such as jewelry. Gold bullion is a common way to hedge against economic uncertainty and protect wealth. GBI offers a variety of gold bullion options for customers to choose from.
This depends on the individual’s specific goals and preferences. Gold coins may have a higher collectability value and potentially increase in worth over time, but they also typically come with a higher premium than gold bullion. GBI offers both gold bullion bars and coins for customers to choose from.
This can vary depending on the specific bank. GBI offers storage options at secure vault facilities, where customers can securely store their gold bullion. Please speak with your bank or a financial advisor for more information on whether they accept gold bullion as an investment.
GBI offers competitive pricing on gold bullion and regularly updates a list of current specials on the website. Purchasing larger quantities or buying during times of lower demand can also help to lower the cost per ounce of gold. Speak with a GBI representative for personalized assistance in finding the best deals for your investment needs.
Final Verdict
GBI offers a variety of gold bullion options and competitive pricing, with storage options available at secure vault facilities. Consult with a tax professional and financial advisor for personalized advice on the potential benefits and implications of investing in gold bullion. Happy investing!