Last Updated on February 12, 2023 by George
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When you invest in gold, silver, platinum, palladium, and other precious metals, you can protect yourself from stock market volatility and inflation.
Additionally, individuals can position themselves for financial success during retirement by including precious metals in their portfolios and assets.
Anyone who has looked online for a company to help them reach their precious metal investing goals may have found a wide range of possibilities. As a result, selecting a collaborator can be time- and effort-consuming.
This evaluation of Gold Avenue, one of these companies you may have discovered, attempts to provide investors with some background information. To understand more about Gold Avenue and its offerings, please keep reading.
After reading this material, investors will have the knowledge they need to make an informed decision about working with Gold Avenue.
Before you begin this evaluation:
You know how challenging it is to choose a business you can entrust with your hard-earned savings. You produce instructive and practical information to equip yourself with as much knowledge as possible to make the best decision.
The MKS PAMP Group is well known in the precious metals sector for offering services related to precious metal investing. The official online retailer of MKS PAMP Group is Gold Avenue.
Gold Avenue employs twenty professionals to confidently provide customers with the information they require to purchase gold and other precious metals.
To give their clients the finest service possible, these professionals have years of experience precisely pricing the worth of precious metals using cutting-edge procedures.
Gold Avenue cuts out the middleman to service its consumers directly from the precious metals providers.
Gold Avenue may charge substantially less for its goods and services than its rivals due to the narrowing gap between precious metal suppliers and buyers
Gold Avenue Products
For those wishing to buy precious metals online, Gold Avenue has a good reputation.
These are your choices:
Gold is a popular place for investors to start their precious metal journey. The most well-liked and expensive commodity available to investors is gold. Online, Gold Avenue offers a vast selection of gold coins and bars.
The classy Canadian Maple Leaf coin from the Canadian Mint and the classic American Eagle coin from the US Mint are the two most well-known gold coins on the market. We also have famous bars like Lady Fortuna, which have a long history.
Given that gold is a timeless commodity, every investor should consider including it in their portfolio.
For individuals with a tight budget, buying silver bullion and coins is one of the finest ways to start investing in precious metals. One of the precious metals with the lowest market prices is silver.
Demand for silver in the industrial and investment sectors influences its price, but stock market fluctuations typically have no impact. Gold Avenue provides silver in various weights and dimensions to satisfy investor needs.
Investors occasionally use silver as a substitute currency, an excellent long-term investment.
Platinum is employed in both commercial and investment settings, and it is a pricey metal whose value is dependent on several supply and demand factors. If investors want to invest in platinum, they have a variety of possibilities.
Investors can purchase platinum from coins or bars, and they can do it for a fair price. However, the cost of platinum is typically higher than silver but lower than gold.
Palladium is a precious metal used in numerous industries, including the automotive sector. All palladium coins, cast bars, and minted bars are valued using the palladium spot price, often known as the market price.
As a result, the price of things made with palladium fluctuates throughout the day. Palladium coins and bars are available in various sizes at Gold Avenue. Due to their smaller size than palladium bars, palladium coins may be a more sensible investment.
As a result, buying them is less expensive, and selling them is more straightforward.
Investors have various options on the Gold Avenue website for the kinds of precious metals they want to purchase. These choices include the special metal kind, bar or coin options, the cost per item, and the weight
Gold Avenue Payments
At Gold Avenue, investors can access various precious metals, including gold, platinum, silver, and palladium. Gold Avenue also supports the following payment methods:
Transfer of Wires
Free bank transfers are available from Gold Avenue at no additional cost. Only orders with a value between 100 and 50,000 Swiss Francs are eligible for this payment method. However, the customer must pay the invoice immediately after placing the order.
The client’s bank may also charge currency conversion or reversal costs, which is not Gold Avenue’s responsibility.
Paying Gold Avenue
The instant payment and withdrawal option offered by Gold Avenue is called Gold Avenue Pay. Customers can enhance their purchases with a free and secure wire transfer before placing an order.
Within 1-3 business days, the monies will be deposited into an investor’s account. However, any transfer costs the investor’s bank may charge are their responsibility.
Investors can make purchases using any 3D Secure-enabled credit or debit card. Investors must first find out whether their card supports 3D Secure by contacting the company that issues their credit or debit card.
Then, rather than waiting for a bank transfer, consumers may make purchases immediately using a credit or debit card. Priority payment is made possible by a 3% premium fee.
For allocated gold, a DGLD token acts as digital evidence of ownership. The gold must be kept in a secure Swiss vault guarded by the bitcoin network. As a result, DGLD is the most independent method of digital gold ownership
Important Fact to Know Before Investing with Gold Avenue
Keep the following things in mind while making a precious metals investment:
1. Gold Avenue gives customers who buy precious metals storage options. After purchasing precious metals from Gold Avenue, customers can have them delivered to their homes and keep them in the storage facility on Gold Avenue.
2. Gold Avenue offers free commission assistance to customers who want to sell their precious metals.
3. It is easy and takes a few minutes to join Gold Avenue. Customers can begin buying precious metals as soon as they join up, and the precious metals are then accessible and manageable through their accounts.
4. Gold Avenue does not provide IRA services.
Gold Avenue Storage Solutions
Customers who want to store their precious metals in a safe place should turn to Gold Avenue. The Geneva, Switzerland, headquarters of Gold Avenue boasts extremely safe vaults.
Since it is a tax haven, precious metal deposits are safe from tax officials in Switzerland. The comfort of knowing that precious metals are stored in a financial system that complies with privacy laws is another advantage for clients.
You can be sure that Gold Avenue has safe facilities that are nearly impossible to break into when you invest in precious metals with them.
All purchases of precious metals are insured, which further protects customers in the event of theft (which is highly uncommon), damage, or loss. In the worst-case scenario, clients will receive a refund if one of these events occurs.
The financial statement of a vault does not reflect any precious metal storage. Customers will get their precious metals back even if Gold Avenue files for bankruptcy.
In addition, because Gold Avenue does not hold investors’ precious metals, government authorities cannot seize these assets under any circumstances. Investors already enjoy a significant advantage by storing their precious metals in the Gold Avenue vault.
They have excellent resale potential and can quickly sell their gold or precious metals on the Gold Avenue website.
Additionally, since the clients’ gold and precious metals are already stored in Gold Avenue’s vault, they won’t have to pay shipping fees when they sell their investments.
Each customer will get a wallet after registering. Using this wallet, you may keep tabs on the performance of your investments.
They can only review the data on their assets to determine whether it is the optimum time to acquire or sell their holdings.
Customers can request that Gold Avenue mail them any of their gold or precious metals. All of Europe is served by Gold Avenue.
Unfortunately, extra details regarding delivery to the US or Australia must be accessible. The recipient of the gold and precious metals must also sign for the delivery, which is completely guaranteed.
Customers who acquire precious metals from Gold Avenue can store up to $10,000 for free, with no further fees for buying, holding, or selling them. Fully allocated Swiss AAA vaults from Gold Avenue are safe and are not a part of any banking system.
The belongings of each client are physically stored in a different vault. On the firm website, investors can instantly redeem their stored Gold Avenue precious metals at any time of day.
When a customer requests Gold Avenue send their precious metals to their home, Gold Avenue assigns the bars a serial number. The precious metals stored in the vaults have ownership documentation that you downloaded.
In addition, gold Avenue performs daily examinations of the objects stored in the vaults to ensure the security of all client valuables. When it comes to price, Gold Avenue follows a straightforward method.
When the asset is worth $10,000 or less, precious metal storage is free. When the value of the precious metal holdings is between $10,000 and $100,000, there is an $8 monthly fee.
Finally, a 0.5% yearly fee is applied to any precious metal holdings with a value of more than $100,000. A specialized account manager is assigned to vaults with a value of more than $100,000.
The Benefits of Using Gold Avenue
Gold Avenue is a global web portal that provides low-cost direct access to the well-known premium bullion products of MKS PAMP Group to individual investors.
It’s easy to purchase precious metals at Gold Avenue, and the company sells a variety of precious metals at affordable costs to appeal to all customers.
Final Thoughts – Gold Avenue Review
Gold Avenue is one of the most well-known European dealers of precious metals, with a strong reputation. The website is easy to use and understand for novice and seasoned investors in precious metals.
The only drawback is that consumers cannot use a gold IRA service. Additionally, this business deals openly with the public, which is one of the factors contributing to Gold Avenue’s success.
Visit their website to learn more about how Gold Avenue may meet your needs for precious metal investing.