Buying gold in wholesale refers to purchasing gold, in various forms, in bulk, and selling it again once the prices rise.
However, realistically, everyone is not capable of buying gold in huge quantities due to the high price of gold. However, several other factors also contribute to it, such as transport and storage issues.
Most wholesale buyers of gold are companies, not individuals, so they store it in bank vaults and other secure places.
When buying gold in wholesale, all factors narrow down to one thing: your budget.
The more you can afford to spend, the more gold you can buy from it, whether it be in the form of bars, coins, nuggets, jewelry, or perhaps even through shares or Exchange Traded Funds.
According to numbers, most people prefer buying coins, as they are light on the pocket and do not put the buyer through issues of storage. Moreover, they are bought and sold in every corner of the world. So selling them at any stage and in any situation is not an issue.
While selling gold, it is best to sell it piece by piece, as you get a better price, unless you intend to sell an entire gold coin collection at once.
It is a known fact that the value for a complete collection always surpasses the value of its individual coins.
The best thing about gold is that it is both easy to buy and sell. You only need to find a reliable dealer who can help you with the process.