Investing in an expensive commodity such as gold can be nerve-wracking because you want to make sure everything goes smoothly.

Here is a list of the basic steps that can reduce the risk of scams:

  1. Seller Information
    The very first thing you should do is jot down a list of sellers and compare them so that you are left with only reliable sellers.

    Next to every seller, mention basic details such as their name, address and most importantly, their website handle or location if they run their own shop. Doing this will give you clear and concise information about every seller that you have considered.

    The next step is obviously narrowing the list down to the top three or four sellers based on this information:

    • - How long the business has been running for
    • - The legal side of things including the form of payment the seller accepts, their return policy, and also buying back policy
    • - Check what other buyers have to say
  2. Contact the Seller Directly
    This is also a good way to get an idea of how professional the seller is without meeting in person. If they are genuine and not a scam, they will not mind any of your questions.

  3. Make Smaller Purchases
    Make a smaller purchase first to be on the safe side.

    Doing this will not only give you a good idea of additional charges including taxes and delivery, but will also earn you a good and professional relationship with the seller if things do go right.


Follow this list and we?re sure you will have nothing to worry about.