Buying and Selling Precious Metals
To buy gold or silver, a customer can start by visiting the local jewelry shop. Upon arrival, they will be greeted by an assistant who will guide them through the process of buying precious metals.
Buying Gold
When it comes to buying gold, a customer can select from various karat weights and types. The 24-karat (24K) gold is the most traditional choice but also the most expensive. A common alternative is 10- or 14-karat (10K-14K).
Buying Silver
Silver has a lower price point compared to gold, making it an attractive option for those on a budget. Silver is also more easily malleable and can be alloyed with copper, making it stronger.