Cryptocurrency Q&A
Do banks buy gold nuggets?
Do banks buy gold nuggets?
Bianca
Sun Nov 10 2024
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7 answers
1674
I'm curious if banks engage in purchasing gold nuggets. I've heard that gold is a common investment, but I'm specifically wondering about gold nuggets and if they are something that banks would be interested in buying.
7 answers
KatanaSword
Tue Nov 12 2024
Precious metals trading is not a common service offered by many banks.
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GeishaCharming
Tue Nov 12 2024
While some banks may occasionally sell gold or silver coins to customers, they are not actively involved in the precious metals market.
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CryptoTitan
Tue Nov 12 2024
The majority of banks refrain from buying or selling precious metals due to various reasons.
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Carolina
Tue Nov 12 2024
One of the primary reasons U.S. banks steer clear of the precious metals market is stability.
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Margherita
Mon Nov 11 2024
Banks prioritize minimizing risks and ensuring the stability of their financial operations.
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