Buying Gold Bullion From Banks Now

A major downside is that banks rarely buy gold back from customers, meaning you'll still need a private dealer when it’s time to sell. Pros and Cons

You won't find a wide variety of weights or styles; banks usually stock only standard 1 oz coins or small bars. buying gold bullion from banks

Most major U.S. banks do not sell physical gold to the public. You may have better luck with local credit unions or smaller, rural banks that sometimes buy and sell coins received from customers. A major downside is that banks rarely buy

Highly regulated with virtually zero risk of counterfeit products. buying gold bullion from banks

If they have it, you can often store it immediately in a safe deposit box at the same location.