Is it safe to order gold online?

It is now very common to buy groceries, clothes and household appliances online. Even banking matters are mostly done online these days. Yet buying gold online can still feel unsafe. This article discusses how to avoid being scammed online. It also discusses certain precautions that will help you feel safe buying gold online.
 

What is the risk of buying gold online?

In the past, investors have unfortunately been scammed by online gold dealers. In 2019, for instance, another fraud case came to light where investors were offered the chance to buy cheaper gold from mines in Africa. Afterwards, it turned out to be a scam.
While such rogue companies exist, fortunately there are also plenty of reliable online gold sellers where you can buy gold online safely, easily and quickly. 
 

Test webshop reliability

To avoid being scammed when buying precious metal products online, it is important to read up on the webshop and the company. An easy way to do this is to check online reviews on Google or other search engines.
It is also a good idea to check whether the online gold dealer is licensed with the Financial Markets Authority. This is easy to check on the AFM's website.
Another useful website to check is Trustpilot. This website verifies that the reviews come from existing customers. As a result, only reliable reviews are listed on the website.
Finally, it is good to check whether the company can be easily reached via Social Media, e-mail or phone. This way you can be sure that if something is not right you can easily contact the seller. 
 

Choose certified products and secure delivery

When you are sure that you are dealing with a company with satisfied customers and that is easy to contact, it is important to pay attention to the product quality. You can check this by seeing if the products come with a certificate of authenticity. In addition, some companies also offer a buy-back guarantee that allows you to be sure that the products you buy are genuine and of good quality.
It is also important to check whether the company offers secure delivery. After all, it would be a shame if something happened to your order during delivery. Therefore, always choose a track and trace option and pay close attention to whether your order is insured during transport. In addition, it is important that the products are delivered by registered mail and it may be wise to choose a type of delivery that asks for your proof of identity upon receipt. This ensures that your order will not end up with the neighbours.
In short, finding a reliable online gold seller can take some time. However, by reading up on the company, you can buy gold online with peace of mind. In addition, buying gold online also has advantages as you can quickly anticipate the gold price and the transport is securely arranged.
Finally, remember that when something seems too good to be true it probably is. 
 

Buy bullion online safely at The Silver Mountain

At The Silver Mountain's webshop, you can order gold and silver online safely, easily and quickly. We offer several secure and insured delivery options. Our supplier partners only deliver on presentation of your ID, unless you indicate a different preference. In addition, if you prefer, we also offer the option of picking it up yourself at our office.
We can supply most products with a certificate and all our products come with a buy-back guarantee via Inkoop Edelmetaal. This assures you of the good quality of our products. In addition, we are licensed by the AFM for our financial services.
Customers give us an average of 9.7 on TrustPilot. On weekdays, we can be reached from 9am to 5pm on 035 20 31 380 or via our email info@thesilvermountain.nl.
 
Disclaimer: The Silver Mountain does not provide investment advice and therefore this article should not be considered as such. Past results do not guarantee future results.