Silver is one of the most affordable and easily accessible forms of investment. Since it’s a great way to diversify your portfolio and retain asset value, many different organizations sell silver to everyday customers. You’ve probably heard of buying gold, silver, and other precious metals online, but you may wonder if you can buy them from a bank.
Do Banks Sell Silver, Gold, and Precious Metals?
To put it simply, yes—banks do sell precious metals. However, there’s a little more to it than that. Precious metals investors can’t just buy silver bars or silver coins from a bank as they would from an online supplier or retail store.Banks worldwide buy large quantities of gold and silver to back up their assets and maintain financial security. They rarely sell their precious metals to customers, however.