Where To Buy Gold In Grosse Pointe Woods, Michigan

Buying Gold Near Grosse Pointe Woods Is Easy As 1...2...3!

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Buying gold in Grosse Pointe Woods, Michigan has never been easier! Dozens of local and national gold dealers are standing by to help you invest!

Local Gold Dealers

1) Coins and Stamps

2.63 Miles Away (313) 885-4200 17658 Mack Ave Grosse Pointe, MI 48230

2) Motor City Pawn Brokers

4.31 Miles Away (586) 772-2274 26510 Gratiot Ave Roseville, MI 48066

3) Smith's Coins & Collectibles

6.19 Miles Away (586) 343-8710 20777 E 13 Mile Rd Roseville, MI 48066

4) Motor City Pawn Brokers

6.68 Miles Away (586) 758-2274 22100 Van Dyke Ave Warren, MI 48089

5) Golden Island Jewelry & Pawn

6.86 Miles Away (586) 756-2110 23524 Van Dyke Ave Warren, MI 48089

6) Hamtramck Pawns

8.57 Miles Away (313) 338-3597 9319 Joseph Campau Ave Hamtramck, MI 48212

7) Shores Coins & Collectibles

10.14 Miles Away (586) 307-8852 1100 Southbound Gratiot Ave Mount Clemens, MI 48043

8) Aaron's Jewelry and Loan Inc

10.26 Miles Away (313) 867-3000 12345 Woodward Ave Highland Park, MI 48203

9) Chantelle Jewelers

11.10 Miles Away (248) 589-0027 30573 Dequindre Rd Madison Heights, MI 48071

10) Gold N Stones

11.19 Miles Away (586) 463-9200 45 N Main St Mount Clemens, MI 48043

Gold Purchase Formats

There are a number of physical formats you can consider when buying gold:


  • Gold Coins: Some coins have a "rarity" component associated with them that can add to their value. Coins are a great option but avoid purchasing based on rarity unless you really know what you're doing
  • Gold Jewelry: Investing in jewelry is another option. You'll take craftsmansip, design, and purity into account when valuing these items.
  • Gold Bars: Bars are typically quite pure, and stamped with the name of the production refinery. Value is directly aligned to the amount of metal in the bar.
  • Gold ETFs: These are funds designed to follow the spot price of gold. It doesn't mean you own anything physically, and isn't an effective hedge against total system collapse (but can be a good investment vehicle for some).

Tips For Buying Gold In Michigan

The Swiss Understand Property Rights

The Swiss government is unique, in that it's highly decentralized. They simply don't have the structure that would allow for a central authority to come in and confiscate property.


Because of this, they've long been considered a safe haven for metals like gold, and the reason we recommend considering sending some there once you've accumulated a large amount.

Invest On A Long Time Horizon

When investing in any asset, including gold, it's important to keep the time horizon in mind. Prices fluctuate, and over a longer time horizon there's a better chance of your investment appreciating in value.


The last thing anyone would want is to invest money they'll need in the coming months, only to have the market move against them. Talk to your financial adviser, and carefully plan any future purchases.

Don't Buy Gold On Credit

Buying gold on credit or speculating on the future price can lead to getting yourself in a significant financial jam.


Instead, put some money to the side that you're sure you're not going to need in a short time horizon, and use that to invest.

Stick To Physical Gold Coins, Bullion, and Jewelry

Gold owned through a commodities exchange, or "on paper" is no substitute for physical bars, coins, or jewelry. Exchanges are heavily leveraged, which means if everyone tried to "cash out" at once, there isn't enough physical metal to go around.


Moreover, precious metals are typically meant as a hedge against the complete collapse of the traditional banking infrastructure. If you wind up needing it, you'll want to have it close at hand!