-
"There now seems to be an oversupply in the gold market, " said an Ahmedabad-based bullion dealer, who didn't want to be identified.
WSJ: India Gold Imports Become Expensive
-
He uses the Entrust Group in Oakland, Calif. as custodian, but the metal is stored with a bullion dealer near his Tampa, Fla. home.
FORBES: How To Invest Your IRA In Real Estate, Gold And Alternative Assets
-
U.K. bullion dealer Sharps Pixley, in a research note, pointed out that gold and equities also diverged the last time there was a major fiscal stand-off in Washington.
FORBES: Focus: Safe-Haven Buying Boosts Gold; Diverges From Equities and Rises With Dollar
-
Haresh Acharya, a director of bullion dealer Parker Bullion Pvt.
WSJ: Millions in India to Resume Work Friday After Strike
-
The main problems with gold bullion are that the storage and insurance costs, and the relatively large markup from the dealer both hinder profit potential.
FORBES: Getting Into The Gold Market