Gold and Silver FAQs
You’ve come to the right place! Here’s our list of frequently asked questions (FAQs) we get regarding our services and precious metals.
What is the process to purchase metals for direct delivery?
The first step is to fund your account via check or wire transfer. Once your account is funded, you will work with a Sr. Portfolio Manager to go over all your options to make sure you get the metals that match your goals. Then, we discreetly deliver the metals to your doorstep, fully insured and with signature required.
Can I buy gold and silver through my financial adviser?
You cannot. Financial advisers are only licensed to sell and offer paper assets, which is why having physical precious metals can help you diversify your savings.
I have heard that gold and silver prices are volatile. Is that true?
Like any other asset, gold and silver prices fluctuate. Ultimately, looking at the historical performance of precious metals will give you a better understanding of the market.
What should I buy?
Not all gold and silver are made the same, and it is important to know the distinct differences between the categories to ensure you acquire the “right” asset for your needs. Your Sr. Portfolio Manager can provide you with historically accurate information to help you make the right choice for your goals.
How much should I buy?
The amount of precious metals you choose is solely up to you. Making an informed decision on how much to purchase can help you properly diversify your savings.
How long should I hold my precious metals?
How long you hold your precious metals is solely your decision. It’s essential to be fully informed on when to buy and sell.
How do I know my coins are real?
We work with the top government mints across the globe. Government mints guarantee the weight and authenticity of the metals. In addition, we have a no-questions-asked replacement guarantee in the client agreement that you sign.
How do I store my metals?
You can store precious metals at your home, either in a home safe or in a secret place on your property. You can obtain affordable insurance for your holdings. You can also store your metals at a private depository, which includes insurance in their fees, or in a bank safety deposit box. We also have a page dedicated to more details on storage.
How are my metals delivered?
We utilize FedEx or USPS Registered and Insured parcel deliveries, which require your signature. Delivery times depend on your location—please allow up to 10 days from the time your payment has cleared. FedEx and USPS are the most secure options for valuable shipments such as precious metals. For orders over $500,000, we may be able to provide alternative shipment options.
How and where do I sell my precious metals? / Do you have a buy-back policy?
Gold Alliance is known for having one of the best—if not the best—buy-back policies in the industry. When you sell precious metals originally acquired from Gold Alliance, we will buy back the items at the current buy-back price. The law prohibits us from guaranteeing to repurchase the items we sell, but we have never refused to buy back the coins we sold to our clients.
How many grams in an ounce of gold?
An ounce of gold contains 28.3495 grams.
How much does a gold bar weigh?
A standard gold bar weighs exactly 1 ounce.
How much is a gold bar?
A standard gold bar is worth 1 ounce of gold. The price varies based on the gold market.
How much is a 1 kilo gold bar worth?
A 1 kilo gold bar is worth 35.274 ounces of gold.