Buying gold bars can be a valuable addition to your investment strategy, but mistakes can lead to loss or frustration. Here are several common missteps buyers should avoid:

• Not verifying the dealer’s credentials – Always check if the seller has a good reputation and follows standard practices.
• Overlooking total cost – Be sure to factor in shipping, insurance, and dealer markups before finalizing a purchase.
• Ignoring resale value – Some bars may be harder to resell than others depending on the brand or weight.
• Skipping authentication steps – Failing to confirm purity and legitimacy can result in buying counterfeit gold.
• Buying based on emotion – Sudden purchases made during price spikes can lead to overpaying or poor timing.

Being aware of these risks helps protect your investment. Take time to evaluate every step of the process and avoid rushing into decisions without proper research.

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