Start a Wholesale Gold Business

Gold is said to be the metal of all ages as its existence has been known and its properties and uses have been highly regarded throughout the centuries. People made money from gold business and people will be making money from this business forever. Do you have curiosity towards gold business and in need of some tips to start it soon?

Aside from its status as a metal of great use in every civilization , gold is esteemed for its economic value, which does not fluctuate no matter how much time or how many governments has passed.

Gold’s amazing properties and history have kept its status as a precious metal throughout the ages. In modern times, gold is being used in pharmaceuticals, electronics and pollution control. As gold retains its value no matter what happens to people and the government around it, it is used by many people to insure themselves against fluctuations in economic conditions.
 

Because of gold’s status, it would not be hard to understand that a “wholesale gold business” is not your usual wholesale and retail business, say a shoe retail business. Many factors dictate why a business in gold is unique.
 

  • For one, gold is mined, not manufactured. Gold may continually be discovered throughout the world, but you just can’t come up with gold the way you’d say you want to make shoes. In short, you can’t rely on a limitless and abundant supply of it to afford you to say you want to buy some, wholesale. It is even said that it is easier to sell gold than buy it.
  • Gold costs a lot. It had reached a price of $1,000/oz. lately. A gold bar may have a value of $100,000. Wealthy people may be limited by the availability of the supply of gold. But average people are more limited by its price. For most people, their capacity to buy gold “wholesale” whether in coins, bars, bullions or jewellery depends on how much they can afford.
  • Unless the gold is part of some famous collection, people are likely to get more by selling their coins piece by piece rather than by bulk. And so, you won’t find many gold owners who would want to unload their hoard (which they might have collected for years) in one transaction.

A more realistic view of a wholesale gold business is between gold miners, industries that use them in electronics and large jewellery makers. But don’t despair, if you want to become a gold investor, you can become a speculator who trades on the futures market. As a speculator, you don’t actually rub your fingers on any gold, but you can profit by speculating on the price of gold in the market.
 

You can also buy a certain amount of gold bullions over the months or years and save them in a safe deposit box or bank vault. You can buy stocks and exchange traded funds (does not involve actual gold, only a certificate that the item is stocked somewhere in a bank). Or you can buy gold jewellery in bulk. You can also franchise a jewellery and gold franchise business. But before engaging in the business of gold and silver, knowledge about these metals is one of the things you should invest in acquiring.
 

188 Comments

  • MICHAEL GOLD MINING said on June 11, 2009
    we are gold marketing company here in Ghana we are looking for Gold dealers that we can supply any part of the globe Thanks Michael MD.
  • nthamo said on January 8, 2010
    how do i start a gold exchange business in south africa?
  • Henry said on July 31, 2010
    Hello, Please I need business partner for gold business from asia, USA, UK, UAE, Canada and Australia anybody who is interested should contact me as soon as possible.
  • RAMESH said on August 26, 2010
    Hi, I am in India, and the city is Bangalore, Please let me know more about the Gold dealership. Ram
  • george said on December 19, 2010
    hi, please contact me if you have an interest in selling gold and silver in the U.S. I am interested in being a reseller for quality products. Thank you, George
  • lendell katwaroo said on January 7, 2011
    I'm interested in buying gold wholesale by the ounce (oz)to sell to jewellers in trinidad and tobago.Any suppliers interested please contact me.
  • guru m Shinde said on September 30, 2011
    I want start wholesale gold business in india so give contact information.
  • paul holmes said on October 7, 2011
    please send the information that I would need to start buying gold at low prices, and how to resale at current market rate.. THANK YOU FOR YOUR TIME.
  • david chinake said on November 6, 2011
    I am looking for geniune gold dealers and those who can provide contracted mining machinery in a part of the globe. Our mining syndicate is based in zimbabwe we have exclusive right to mining concession and marketing.Anyone based in u.k, we can arrange a meeting for further info contact me through mail
  • muqtada said on November 7, 2011
    NEWYORK, USA. I want to invest in to gold whole sale business. i want to know what are the risk factors and pitfalls, is it the best time to enter this market with gold touching its ever high? what if it falls? how badly would it affect me?
  • Eric Chu said on March 30, 2012
    I am located in Honolulu, HI and would like information about starting a wholesale gold and other precious metals business. please email me with more information. thank you
  • suresh kumar said on April 10, 2012
    I am looking for best wholesale prices offers for gold bars. I have a gold store in USA and INDIA.
  • tania said on April 11, 2012
    South africa lady with shop wants to sell scrap gold to india china and dubai needs an investor
  • joy d souza said on May 16, 2012
    HELLO...I AM FROM INDIA..HAVE HOTEL N GOLD BUSINESS IN GUINEA WEST AFRICA. WE R LOOKING FORWARD THE INVESTORS, BUYERS. IF ANYONE IS INTERESTED... WELCOME TO DISCUSS FURTHER. CAN COME N SEE... WE ARE READY TO TAKE CARE OF THEIR VISA N HOSPITALITY. FOR MORE CONTACT ME AT THIS 919880338220. REGARDS.
  • Amed said on May 27, 2012
    Hello,am looking for serious gold dealers who is ready to work with me here in ghana. Please contact me on 233546306241
  • Rajesh M said on June 21, 2012
    Dear Sir , I am Rajesh has worked into a gold agent & dealer. I am looking for best whole sale offer & commission in gold bars. i will expect good suppliers from you ( with contact no )
  • chamari reid said on August 4, 2012
    I am in Hertfordshire UK and interested in Gold Wholesale business. Please contact me asap
  • devan said on August 11, 2012
    i want to distribute TOUCH OF GOLD, "designer gold plated jewellery " to stores in Ghana if possible.
  • KAMLESH said on September 19, 2012
    hi i am kamlesh jain mumbai india. i want a gold agency any one ready please contact me. 9867738761
  • sudhir kumar said on October 10, 2012
    i am looking for any gold jewellery products manufacturer or wholesaler who is looking for agent for there product in for bangalore city but i cannot invest.
  • rajesh said on October 14, 2012
    i am from mumbai need to know how much money required to open a wholesale gold business.
  • Rohan said on October 17, 2012
    Sir, i am from assam gauwhati, in india. i am totally interested in gold business, what is the first step ,and how much expenditure,
  • Momoh Foday said on November 21, 2012
    Dear Buyer. I am Momoh Foday a sierra leonean. we brought gold to sell in Ghana and the gold is deposited at Eagle Security Intentional Company here in Ghana, please contact me urgent if you are a buyer. my id, momohfoday@gmail.com. Regards. Momoh Foday
  • H.V.SUBRAMANYA said on November 28, 2012
    Hello I am born and brought-up in Bangalore, Karnataka state and it is in India. As I am freelancer interested to join Gold Agent.
  • sunil said on December 10, 2012
    hi, i am from kerala, want start gold bullion business , how to setup, how to get license and all regarding gold bullion. regards, sunil
  • RB said on December 10, 2012
    Good day, I am looking for a gold supplier for our business in North-America. We want a weekly supply of 24 carat gold. We are looking for a long term relationship. We will buy on location. We will take care of the shipping. Only serious inquiry. rb@qadtechnologies.com
  • amit said on December 11, 2012
    hi am amit in mumbai interested in starting wholesale gold business. pls help
  • jeffery said on December 12, 2012
    uk and dubia. Hi @tania from ganha if ur interested in selling scrap gold are gold please contact me at euginebougle@hotmail.co.uk. Serious people only no time waster are fraud people.
  • gus said on January 3, 2013
    G & E International Metals: we buy gold in any form!!!worldwide!!! we are located in Miami, Florida where we can cater to all quantities and sizes. It does not matter if you have a gram or 1 million, we buy it all...email me at gescobar30@aol.com
  • yesu rathnam said on January 4, 2013
    i love to know how i can ship the gold form South Africa. may jesus bless u all. yesu & family
  • renjith said on January 6, 2013
    i am renjith from trivandrum kerala, i am looking for starting a gold business mainly as a dealer and supplier, i have lot of customer here, if anybody willing to supply me gold in a good rate then pls make contact through mail on renjithdon32@gmail.com or call me on 9567540565
  • renjith said on January 7, 2013
    i need 1- 1000 kg and more gold in trivandrum kerala india for supply to customers, i need good purity product and the best price from the industry pls mail me on renjithdon32@gmail.com or call me on 9567540565
  • Nqabutho said on January 11, 2013
    My name is Nqabutho, i am from Zimbabwe but based in South Africa. I am involved in gold small mining, is there a way that we can do business
  • a . naseeb. said on January 13, 2013
    i am from kollam kerala india start a gold business ,please give the details.
  • BINURETNA KUMAR KUNJURAMAN said on January 18, 2013
    Dear Sir, We would like to intimate u that we have arranged one customer to 50 MT of Yellow Metal. Their monthly requirement 5 to 10 Tones. u pls contact:09895419719
  • Jagadish Arkasalig said on February 2, 2013
    Hello, I am goldsmith. Staying in India. I am in need of gold to make ornaments, so if anyone interested, please mail me at: jagadisharkasalig@yahoo.co.in.
  • Arun k kalanjoor said on February 3, 2013
    I'm ready to sale bulk of gold bars in Kerala, anyone interested it, mail me teamarun9@gmail.com
  • Sammy said on February 4, 2013
    i am looking for a gold seller if u have a good gold to sale please email me soon. samyalex158@yahoo.com
  • hamood said on February 5, 2013
    Any one interested in selling gold in UAE (DUBAI) plz contact me on 00971507992210. And for selling it I will need the bill of the gold from wear it is bought, a passport photocopy and the airport letter which is the tax !
  • Arun k kalanjoor said on February 9, 2013
    We are ready to sell/buy bulk of gold bars in kerala, india. Contact Teamarun9@gmail.com
  • Ganesh said on February 25, 2013
    I would like to start a gold wholesale or retail store in bangalore. kindly provide some info.
  • Kuldeep Kum,ar said on February 28, 2013
    Respected sir, Any one wants to buy gold in India. we can supply Bank to Bank from Mumbai. Thanks, Regards Kuldeep Kumar +91-9915452838
  • Vijay said on February 28, 2013
    I am looking for gold wholesaler contact avaaos@hotmail.co.uk
  • NAGANANDISH.B said on March 4, 2013
    I'm from bangalore and I need whole sale gold bars, bullion supplier. Anyone got metal pls call me on +918553679761 or mail to; naganandish@gmail.com
  • Fode M cisse said on March 11, 2013
    I am looking for some one who will be interested in doing gold business in Guinee, west Africa, on a wholesale. Our company has contact with a vast array of medium and small scale miners which can put forward a large quantity of gold on a weekly, monthly basis. If any one will be interested please send me email at:medicire@gmail.com
  • Kevin said on March 13, 2013
    I have very good contacts in ghana to buy under 20,000 usd i'm american but am looking for someone with the capital to invest from my contacts that have excellent rates currently in Belgium ready to go with investors today kevinfree111@hotmail.com very serious
  • Ahamad hassan said on March 20, 2013
    Nigeria bauchi i wish to meet any dealer of earnings, necklace and others pls u can call me 07068208379
  • victor Amamu said on March 23, 2013
    Please my name is Victor from Ghana, please any one serious interested or i need of gold to buy and will like to establish a mining company in ghana should please contact me on 0547697070 there are land in connections with documents. thank you
  • Arun k kalanjoorr said on March 31, 2013
    We are ready to buy/sale gold bullion in Kerala, India. Contact me Teamarun9@gmail.com
  • Francis said on April 3, 2013
    I'm a British expat in Japan with long-term investments in Asia-pacific now considering taking medium/large consignments of quality gold for sale to private buyers in China and Japan, if quantity and quality can be assured. Contact me in Japan: de.potofgoldintky@yahoo.co.uk Serious only get rich or try.
  • Esteban said on April 18, 2013
    I would like to meet a honest person that has connection of gold in small scale from direct source of bars of gold willing to work with each other and talk about small investment contact me at kikienrikez@gmail.com
  • Muziwandile said on April 23, 2013
    Am looking for someone to sponsor me start a business in gold mining. There are good mines in Zimbabwe, you can contact me on muziwandiled@yahoo.com
  • krishnaveni.R said on April 25, 2013
    Dear Sir, I have started my own business in gold plated jwellery . I want the best & fashionable wholesale merchants at Bangalore who can support me getting good quality monthly suppliers to my residence . i am in to direct marketing in business . please do the best , Thanking you, Krishnaveni.R 080-28538683.
  • aditya jaiswal said on April 29, 2013
    Hello I am in u.p. India I want to be a gold agent we are in jewelry business since 1920 I want gold suppliers in up I have some branded distribution like Emrald Jewellindia Ltd.,sangini gitanjali group.contact adityaorchintu@gmail.com
  • fasiha said on May 3, 2013
    i am not having money and i wish to start gold business can any one finance me please
  • Dibin said on May 10, 2013
    Hi, my name is Dibin Devassy from Kerala (India), if any one want pure quality gold (min 50kg to1000kg and mor) for a good deal plz contact me +610430856761 or email me devassyandsons@gmail.com. The deal will be bank to bank and full secured for the further information plz sent the mail and I can provide u more details
  • mejo raj said on May 23, 2013
    hi, i am from kerala, want to start gold business , how to setup, how to get license and all regarding gold .and also form where to buy gold in bulk in wholesale rate. at what rate will i get this gold. regard
  • Kamlesh said on May 27, 2013
    Hi, i am planning to start gold business in Pune (India). Is there a genuine supplier or investor who can guide me on the process of starting this business. Please feel free to reach me at 9823414700. Thanks, Kamlesh
  • Ashok Verma said on May 28, 2013
    hello, I am from Punjab, wanna start gold jewelry business in Varanasi (UP) how much money need to run this business & how to get gold jewelry in wholesale rate. what strategy incorporate in this business
  • harikumar said on June 7, 2013
    sir, how to start buy and sell of gold bar or coins in kerela trivandrum based gold business plz inform all details abt this business through mail or contact 973404883.
  • GMurugesan said on June 8, 2013
    hi. I am from hosur-Tamil nadu, i am a supplier of jewellery alloys, cadmium free solder, findings and fitments in Gold, silver, brass bronze, platinum in all regular caratage and colours. Distributers, stockist gold silver bullion-suppliers , manufacturers, all can contact 09894249132
  • oliver said on June 11, 2013
    hi, Anyone interested in gold business please send me an email on :oliver.doudou@london.com there is a gold supplier in ghana who want investor. if you are not serious please do not send me a mail to waist my time. Thanks. oliver
  • hussain said on June 12, 2013
    hello hi ,i want a complete information of gold at wholesale rate and how to deal it. from hyderabad
  • Iyaan Ali said on June 22, 2013
    HI...! Any one have bulk gold bars around 200kgs per day. we buy bank to bank in bangalore n Chennai. Seller mail us THANK YOU
  • Benjamin Mathias said on June 30, 2013
    I am based in London looking for any bank or anybody who is interested in buying gold could you please get back to me through my email.
  • R.Babu said on July 3, 2013
    Hi I am babu from Nagercoil in kanyakumari district. I would like to commission agent of gold ornament. Any wholesale manufacturer kindly contact me. I have lot of contact in JEWELLERS in our area. contact phone no 8124947220.
  • Fabienne . R said on July 5, 2013
    We are looking for business people around the World to invest in Gold in MADAGASCAR, the person should be ready to go to Madagascar and be with us. Contact : + 261 32 04 627 22 Mail : fabienne.rafidy@yahoo.fr
  • srinivas said on July 5, 2013
    hai i am srinivas from bangalore i have so many customer to buy gold bank to bank please contact 9141174897
  • George said on July 10, 2013
    I am working with Golden Star Bogoso/Prestea Ltd. i have a good knowledge in gold business. I have a vast concession with enviable prospects of find gold n am looking for partners to invest in the land n above all, i have agents of gold dealers who will luv to meet gold buyers outside Ghana for business. call me if u are interested +23344294225
  • A.Naseeb said on July 29, 2013
    I am from kerala . My business location is city. contact number is.+91 9847499481.
  • dev said on October 7, 2013
    i am from india in the state of tamilnadu. i am willing to start wholesale gold business. Any one of the reputed supplier, will supply very competitive price we will buy more quantities. mobile.919442266990, regards. dev
  • Eric M Awateng said on October 15, 2013
    I am from Papua New Guinea and I am looking for potential business partner to buy gold from my area, I can supply 3-10 kilos on weekly bases. Please contact me on my cell phone (675) 71152662
  • A. O. Ilesanmi said on November 7, 2013
    Kindly link me up with any reputable gold buyer. Thanks. Ayo
  • Zimbili said on November 8, 2013
    How to acquire a wholesale gold business license in Swaziland and South Africa? What are the shipping options of gold bullions to various countries?
  • Ams steven said on November 13, 2013
    I'm a small scale gold miner and buyer from Papua New Guinea, I can supply 4-5 Kg of gold nuggets a week, any interested partner can contact me on +675 72908766 or email me; asteven0798@gmail.com
  • lina omowale said on November 13, 2013
    hi i deal on gold and other precious stones am from sierra lone and will wish to contact all whole buyers on these site, even if you still want to start but don't know how you can send me a mail of your contact so that we can discuss based on your proposal my mail is linaomowale@gmail.com. please i need only genuine business men and women a like. hope to hear from you soon.
  • moorephlip said on November 13, 2013
    hi am moore phlip by name and i deal on gold in guinea conarkry i will like any interested buyer of gold to send me a mail of there order so that we can discuss more on his request. my mail is moorephlip22@gmail.com good luck
  • ram said on November 19, 2013
    hi, we are from india annapurnainternational313@gmail.com. you need any help in india. contact us buying or selling other business services also. thank you
  • Samanta said on November 21, 2013
    i am a gold jewellery manufacturer in wholesale basis from kolkata(india) , i can produce kgs gold jewellery(good quality handicraft) per day by wages basis, if any one interested contact me at dpk.smnt@yahoo.com
  • brij bhushan jain said on November 25, 2013
    I wish to start bullion wholesale trade, I am based at Delhi.
  • Emmanuel Mensah said on November 27, 2013
    We are local miners in Ghana and we Gold dust and Diamonds for sale at the local market price, interested buyers should contact us for further details. Emmanuel Mensah kairaba.limited@yahoo.com
  • Lionel Safiawia said on December 3, 2013
    I'm from Papua New Guinea, A country that is rich in Oil, Gas and Mineral Resources and everything. If you are interested in buying Gold then I'm willing to be your agent in my country. You can call me on +67570087474 or email me on lionel.safiawia@gmail.com
  • amjad said on December 6, 2013
    hello sir, what licenses and investment needed to become a gold dealer in mumbai.
  • Roger King said on December 22, 2013
    I am from Hong Kong, and wish to start Gold business. Can anyone help and guide me as to how to start Gold Business in HK? Awaiting your details, terms & conditions & more. What is the way to find a BUYER? How to contact the Genuine Miners? What are the markings which are accepted worldwide for Gold Bars etc? How to safeguard our interest and the interest of our BUYER and also to know what we are BUYING is genuine or not? Awaiting revert. Thanks! Roger King, Central, Hong Kong.
  • sebastiano said on January 1, 2014
    Roger King, i am sure you are in Hong Kong. Well i am in the USA. If you are really serious to start a gold business then i can advise you or maybe we can work out things together if you are really serious. First i will need to know a few things from you and i will be happy if you can send email to me through adekunah@yahoo.co.uk. we can move from there. Thanks.
  • Abraham said on January 21, 2014
    Sir, I wish to start bullion trade, I am based in Kerala what licenses need, who is the authority to issue license for manufacturing bullions
  • Diaz said on January 30, 2014
    Hi. Can someone be kind and not give the history of gold but guidelines on how to register as a gold dealer in South Africa. We don't have a problem in paying a fee as well. Thank you.
  • krishna said on February 7, 2014
    Hi Is it legal to buy or sell treasure trove gold in India?
  • Darrell said on February 9, 2014
    I am interested in partnering to sell gold in usa
  • Lena said on February 18, 2014
    Hi. My name is Lena. Currently looking for whole buyers. We can make a good deal. I am based in UK and Europe, jewellery is from all over the world but most from Russia. I have everything-gold in all karats, silver, stones and even diamonds. Contact me by email QEjewellery@mail.com and I can send you pictures, price lists. Best regards.
  • abhilash said on February 19, 2014
    hello there, am abhilash from trivandrum. i am looking for wholesale silver 24 carat 999.9 bars . silver bars of 1 kg, 5 kg , 10 kgs are required on weekly basics . Anyone with best wholesale price in & around kerala can contact me on 9497400760
  • Looking for gold supplier said on March 1, 2014
    Looking for gold supplier Kerala urgent, contact 9020058562
  • Douglas Salters said on March 1, 2014
    I have a supply of gold bullion for sale direct from dir from a a producing goldmine in Peru. I am associated with the mine owner and the mine can be seen at your request and a round trip flight will be provided at our expense for bulk order Please contact me at 201 589 3069. I am located in Jersey City, New Jersey, U.S.A.
  • surya said on March 2, 2014
    hi. urgently want the genuine seller/dealer of gold.... Plz contact on sukumpa89@gmail.com
  • s.d.khare said on March 29, 2014
    i want to start 24 karat gold selling business on commission basis.any suppliers pls contact me 9685277201. india
  • larry said on April 26, 2014
    want to buy or partner in a gold shop in Thailand. Bangkok, Cniang Mai, or Chiang Rai. want to start this years ASAP. lakathy@hotmail.com
  • Rajesh kumar said on April 30, 2014
    hi I am from kerala (India). Please let me know how can i become a gold dealer in kerala. I am having some good client back ground
  • vadiraj said on May 3, 2014
    I am starting in gold wholesale business in karnataka davangere i want. Buy pure gold and silver contact me gold wholesale dealers 9916825925
  • MR.KWAME JAMES said on May 6, 2014
    WE ARE GOLD SELLER FROM GHANA. WE HAVE MINING OF OUR OWN WHICH IS OUR FAMILY BUSINESS SINCE 1982. RIGHT NOW WE HAVE 200KGS OF 22 KARAT GOLD BARS FOR SALE, OUR TERMS IS THAT THE BUYER WILL COME DOWN GHANA AND WE TAKE HIM TO OUR MINING SITE FOR HIM TO SEE ALL THINGS BY HIM/HERSELF BEFORE GOING INTO AN BUSINESS. YOU CAN CONTACT ME WITH THIS EMAIL ADDRESS: mr.kwame_james@yahoo.com IF YOU ARE INTERESTED ON MORE DETAILS. THANKS. MR.KWAME JAMES
  • Atoo said on May 22, 2014
    I live in Japan and I have my own food business. I am trying to find some reliable company to represent in Japan to sell physical gold and silver on their behal , perhaps more silver. If anybody is interested in finding a rep in Japan to sell their silver and gold ,please contact me asap.I know I will be able to generate a lot of sales in physical silver bullion.

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