If you’re looking for a reliable and trustworthy place to buy gold in Riverside, you’ve come to the right place. In this comprehensive guide, we will explore various gold dealers within the city, their services, and what sets them apart from other competitors. Whether you are an investor or a collector, knowing where to buy gold is crucial, as it can determine the quality of the products you receive and the overall satisfaction with your purchase.
Table of contents
Why Invest in Gold?
Gold has been considered a symbol of wealth and a valuable investment for centuries. It offers several benefits, including:
- Portfolio Diversification: Investing in gold helps diversify your portfolio by providing a stable asset during uncertain economic times.
- Hedge against Inflation: As the value of currency decreases, gold tends to maintain its purchasing power, making it an ideal hedge against inflation.
- Global Acceptance: Gold is recognized worldwide as a valuable asset, making it easy to trade or sell when needed.
- Tangible Asset: Unlike stocks and bonds, gold is a physical asset that you can hold in your hand, giving investors a sense of security.
Types of Gold Available for Purchase
Before diving into where to buy gold in Riverside, it’s essential to understand the different types of gold available for purchase. Some common forms include:
- Gold Coins: Produced by government mints, gold coins are typically available in one ounce or fractional sizes, featuring unique designs and limited mintages.
- Gold Bars: Gold bars are available in various weights and sizes, making them an affordable option for investors looking to buy gold in large quantities.
- Gold Jewelry: While not the most cost-effective way to invest in gold, jewelry allows individuals to enjoy their investment by wearing it as a fashionable accessory.
Finding Reputable Gold Dealers in Riverside
Now that you have a better understanding of why people invest in gold and the types of gold available for purchase, let’s explore some reputable gold dealers in Riverside.
1. Riverside Gold Exchange
This locally-owned business offers exceptional service and competitive prices on gold coins, bars, and jewelry. With years of experience in the industry, the knowledgeable staff can help guide you through your gold purchasing journey, ensuring you select the best investment product for your needs. Customers often praise Riverside Gold Exchange for its honesty, transparency, and friendly atmosphere.
2. Riverside Coin Shop
Established over four decades ago, this family-owned coin shop is one of the oldest in Riverside. They carry a wide selection of gold coins, including American Gold Eagles, Canadian Gold Maple Leafs, and South African Krugerrands. Additionally, they offer gold bullion products, such as bars and rounds. The experienced staff at Riverside Coin Shop can assist with purchase recommendations and provide information on precious metals investing.
3. Inland Empire Coin & Currency
Specializing in gold and silver coins, this dealer prides itself on offering top-quality products at competitive prices. Alongside traditional gold coins like the American Gold Eagle and Canadian Gold Maple Leaf, Inland Empire Coin & Currency also offers unique gold coins and numismatic collectibles. Known for their friendly and knowledgeable staff, they can help you find the perfect gold investment product to meet your needs.
List of other recommended gold dealer in Riverside
Crown Gold Exchange
- Activity category: Gold dealer
- Address: 10319 Magnolia Ave, Riverside, CA 92505
- Phone: +1951-785-5788
- Website: https://www.crowngoldexchange.com/
Aj’s cash for gold
- Activity category: Gold dealer
- Address: 10171 Magnolia Ave, Riverside, CA 92503
- Phone: +1626-756-0347
Market Street Jewelry & Loan
- Activity category: Pawn shop
- Address: 4267 Market Street, Riverside, CA 92501
- Phone: +1951-682-2255
Riverside Stamp and Coin
- Activity category: Coin dealer
- Address: 6740 Magnolia Ave, Riverside, CA 92506
- Phone: +1951-684-9930
PCGS Coins
- Activity category: Coin dealer
- Address: 5225 Canyon Crest Dr #71, Riverside, CA 92507
- Phone: +1800-953-3027
- Website: https://www.coinspcgs.com/
Woodcrest Jewelry & Loan
- Activity category: Pawn shop
- Address: 18845 Van Buren Boulevard, Riverside, CA 92508
- Phone: +1951-776-0500
- Website: http://www.woodcrestjewelryandloan.com/
John Claude’s Custom Jewelry
- Activity category: Gold dealer
- Address: 9480 Magnolia Ave, Riverside, CA 92503
- Phone: +1951-785-4112
- Website: https://johnclaudesjewelry.com/
Empire Jewlery and Loans
- Activity category: Pawn shop
- Address: 5547 Mission Blvd, Riverside, CA 92509
- Phone: +1951-742-7394
We wrote more comprehensive guides about where to acquire gold in Los Angeles and San Diego, make sure to read them if you plan on going there soon.
Factors to Consider when Choosing a Gold Dealer
When searching for the best place to buy gold in Riverside, it’s essential to consider the following factors:
- Reputation: Look for dealers with positive customer reviews and testimonials to ensure you’re working with a trustworthy business.
- Selection: Choose a dealer that offers a wide variety of gold products, so you have options when making your purchase.
- Pricing: Compare prices among various dealers to ensure you’re getting the best deal possible on your gold purchase.
- Knowledgeable Staff: A reputable dealer should have knowledgeable staff who can guide you through the buying process and answer any questions you may have.
- Buyback Policy: It’s crucial to choose a dealer with a reliable buyback policy, as this will provide you with peace of mind when it comes time to sell your gold.
Final Thoughts
There are several reputable gold dealers in Riverside where you can confidently make your gold purchases. By considering factors such as reputation, selection, pricing, and knowledgeable staff, you can ensure you’re working with a trustworthy business that will cater to your needs. Remember, investing in gold is an excellent way to diversify your portfolio, hedge against inflation, and provide a sense of security in uncertain economic times. Happy gold hunting!