Where to Buy Melted Gold? Comparing the 11 Top Sites for Buying Melted Gold
Melted gold is a popular investment option because it carries no making charges. But the key question is where to buy melted gold so you can be sure of its authenticity without paying extra costs. Today, besides buying in person from goldsmiths, you can use online platforms and even invest with a small amount […] The post Where to Buy Melted Gold? Comparing the 11 Top Sites for Buying Melted Gold appeared first on Arzdigital.
Melted gold is one of the most popular options for investing in gold due to the lack of production fees. But the important question is, where to buy melted gold so that we can be sure of its authenticity and not pay extra?
Today, in addition to buying in person from gold shops, you can buy gold through online platforms and even with low capital. In this article, we introduce the best sites for buying melted gold and tell you how to find a reliable seller, measure the real cost of buying and trade with more peace of mind.
In order to know how to invest in gold, we must first know the different methods of buying gold and the costs of each. Buying melted gold is one of these methods that can be done both in person and online. The difference between these two methods is mostly related to the way of delivery, storage and transaction costs.
In an in-person purchase, you usually receive a piece of melted gold of a certain weight and grade, and you are responsible for its maintenance. On the other hand, when you buy gold online, your balance is recorded in your account and you can sell it or ask for a physical pick-up depending on the conditions of the platform.
The criteria for buying in person, buying online, the initial capital depends on the minimum weight of the seller, usually the possibility of buying with small amounts of gold, usually during the transaction, according to the delivery conditions of the platform, storage is the responsibility of the buyer, usually in the treasury of the platform or approved banks, the transaction cost, the difference in the purchase and sale price, the fee, the difference in the purchase and sale price, and the delivery cost. Buy gold gradually, online platforms can be a good option. But if you want to own a piece of physical gold right away and keep it with you, consider buying in person from a reputable dealer or buying online with the option of physical delivery.
The best sites and platforms for buying melted gold In recent years, many platforms have been launched to buy and sell gold online in Iran. Many of them allow you to buy a small amount of gold first and gradually increase your stock instead of buying a multi-gram piece.
However, the features of these systems are not the same. Some have the possibility of ingot delivery, some offer physical delivery only from a certain weight, and their transaction fees are also different. In the following, we will introduce the platforms based on the information published on their official website: Zerpin Zerpin is one of the online buying and selling platforms for 18 carat melted gold developed in the Bitpin ecosystem. By providing the possibility of buying gold with low capital, this platform allows users to register their buy or sell orders at any time without going to the market in person.
One of the important features of Zerpin is the use of the same base rate for buying and selling gold, which, along with the transparent display of fees, helps users check the cost of their transactions before placing an order. Zerpin has also provided the possibility of physical delivery of purchased gold in the form of 18 carat bars.
Minimum purchase: 100,000 Tomans. Buying and selling fee: 0.5% for each. Physical delivery: 0.5, 1, 2.5, 5 and 10 gram ingots. Delivery location: Currently, in-person delivery is done in Tehran.
Zerpin's licenses and memberships: license to acquire gold and silver online trading system from the national virtual business union, license to acquire retail sales of molten gold from the Tehran Association of Gold, Jewellery, Silver, Coin, and Money Exchangers, retail trade license from the Tehran Antiques and Handicrafts Dealers Association, activity license from the Inmad Computer Trade Union Organization, from the Ministry of Goldica Goldica since 1400 in the field of online buying and selling of gold Melted works and has made it possible to buy melted 18 carat gold from 100 thousand tomans. According to the statistics announced on the website of this group, Goldika has more than one million users and the volume of its gold transactions has exceeded two tons.
One of the features of Goldica is the possibility of receiving the melted gold itself. According to the statement of this collection, the gold you buy from Goldika is supplied from the Tehran gold market after placing the order and is kept with this collection until the moment of sale or delivery.
Minimum purchase: 100,000 Tomans Sales fee: 0.78 to 1.2%, which may be reduced depending on the level of use Location of gold reserves: official vaults of approved banks, including opening hours Physical delivery: from 10 whistles and above Physical delivery fee: no delivery fee for molten gold Goldika licenses and memberships: License of the National Union of Virtual Businesses National Digital Media Registration Badge (Samandhi) from the Ministry of Culture and Islamic Guidance Inmad from the Ministry of Privacy Membership in Tehran Internet Stores Employers Association Membership in Computer Trade Union Organization of Tehran Province Membership in Iran Fintech Association Membership in Iran Chamber of Commerce, Industries, Mines and Agriculture Talain Talain has been active in online buying and selling of molten gold since 2019. This platform has made it possible to buy 18-carat melted gold with low amounts, and users can place buy or sell orders without visiting the gold market in person.
One of the features of Talain is the possibility of receiving the melted gold physically along with the official invoice and birth certificate of the piece. According to the announcement of this group, all the pieces of molten gold have been graded in reliable laboratories and have a stigma code. This gold buying and selling platform has active branches in 18 cities of the country. According to Talain's official website, this platform does not charge for the packaging and preparation of molten gold.
Minimum purchase: 10 whistles; That is, 0.01 grams of 18 carat gold, minimum physical delivery: 50 whistles, purchase and sale fee: fixed, and 5 thousand Tomans, the difference between the purchase and sale price with the reference price: 0.4%, where the gold reserves are kept: Kargoshai Bank, the possibility of buying gold in installments: yes, gold licenses and memberships: the license of the Gold and Jewelry Union, the license of the online trading system of molten gold, Inmad, from the Ministry of Privacy, the activity license from the country's computer trade union organization, the technology unit license from the Science and Technology Park, the license of creative companies, the organizing symbol From the Ministry of Culture and Islamic Guidance, Talasi Talasi has made it possible to buy 18 carat melted gold with a minimum capital of 100 thousand Tomans. This platform, which has been operating since 1401, belongs to Elvand Arsbaran Solution Development Company, and it is possible to sell online and convert gold balance into cash in this system.
In Talasi, in addition to online storage of melted gold, it is possible to receive physical assets in the form of bars or Persian coins. Users can go to the online store of the collection in Tehran to receive gold or register a request to send it to their address.
Minimum purchase: 100,000 tomans, purchase and sale fee: 1%, storage location of gold reserves: gold vaults, physical delivery: gold bullion and Persian coins, physical delivery fee: depends on the type and weight of the product, including the manufacturing and shipping costs, the possibility of purchasing gold in installments: yes, gold licenses and memberships: license of the Gold, Jewelry, Silver and Coin Trade Union, license of the molten gold online trading system, operation license from the Computer Trade Union Organization of Inmad country, from the Ministry of Privacy, membership in the Fintech Association Darik Darik has started its activity since 1402 in the field of online trading of precious metals. This collection operates under the name of "Darik Talai Rakhshan" company and has provided the possibility of buying and selling 18-carat melted gold through the website and application.
This group has announced that the gold backing of users is kept in Kargoshai Bank and its amount is controlled through the central bank's supervisory system. According to Darik's announcements, delivery centers operate in cities such as Tehran, Mashhad, Isfahan, Tabriz, Yazd and Karaj.
Minimum purchase: 100,000 tomans Sales fee: 0.5% Gold reserve storage: Kargoshai Bank Minimum physical delivery: 1 gram Physical delivery type: Gold bullion Physical delivery fee: 2 to 14%, depending on the bullion specifications Possibility of buying gold in installments: Yes Licenses and memberships: Permit for retail sale of molten gold from the Tehran Gold and Jewelry Association License to operate in the regulatory test environment (sandbox) of the Ministry of Industry, Mines and Trade Inmad from the Ministry of Security Membership in the organization Technogold is the online buying and selling service of molten gold in the Technolife collection. This system provides the possibility of trading 18 carat gold in milligram form and users can buy the amount of gold based on weight or Rial amount.
In Technogold, the purchased molten gold is kept in the treasury of Kargoshai Bank and it is possible to request its physical delivery. Of course, the important thing is that the user receives gold bars upon delivery and the minimum amount that can be delivered is 5 grams.
Minimum purchase: 20 milligrams Purchase and sale fee: 0.5% of the amount of the transaction Location of gold reserves: Kargoshai Bank Minimum physical delivery: 5 grams and multiples of 5 grams Type of gold delivered: Physical bullion Declared delivery location: Tehran, Louisan Physical delivery fee: 3% Possibility of buying gold in installments: Yes Techno Gold licenses and memberships: Inmad from the Ministry of Privacy, the license to acquire the online trading system for molten gold and jewelry from the Union of Virtual Businesses Kishori, membership certificate of the Chamber of Commerce, Industries, Mines and Agriculture of Iran, activity license from the country's computerized trade union organization, Shamad license from the Ministry of Culture and Islamic Guidance Wall Gold Wall Gold is one of the online buying and selling platforms for 18-karat melted gold, which was launched with the support of Valex Group. Users can buy melted gold even with limited amounts, including 50 thousand Tomans according to the announced conditions. Buying and selling in this system is done around the clock and the purchased gold is registered in the user account. According to Wall Gold, more than 3 million users use the services of this platform.
Wall Gold has also made it possible to receive physical gold. According to the official information of the collection, users can receive their gold through the delivery location announced in Tehran. The platform has also introduced a section called "Wall Gold Transparent" to display the status of services, transactions and license information.
Minimum stated purchase amount: 50,000 Tomans Purchase and sale fee: 0.5% for each transaction Location of gold reserves: Kargoshai Bank Minimum physical delivery: 1 gram or more Delivery type: Gold bullion with the cost of striking and packaging Place of delivery: Karimkhan Tehran branch Possibility of purchasing gold in installments: Yes Wall Gold licenses and memberships: License to acquire the online trading system of molten gold and jewelry and jewelry from the Inmad Virtual Business Union of the Ministry of Privacy The country's computerized trade union system has agreed in principle to be admitted to the sandbox of the Ministry of Industry, Mines and Trade with a focus on e-commerce. Grammy Grammy is also one of the well-known sites that provides the possibility of buying and selling gold online. This platform operates as a subsidiary of Qasr Aria Sperlos Holding and the digital currency exchange "My Wallet". According to the statistics announced by this group, Grammy has more than 1.5 million active users and the number of registered transactions has exceeded 300 million.
It is possible to keep the purchased gold in the insured treasury and receive it physically in Grami. This platform charges 0.5% commission per transaction for buying and selling molten gold.
Purchase and sale fee: 0.5% each. Location of gold reserves: Kargoshai Bank. Minimum physical delivery: 300 whistles or more. The lower the weight, the higher the fee. For example, a 20-gram bar has a 1.5% fee and a 5-gram bar has a 3% fee.
Warm licenses and memberships: Gold and silver online trading system license to acquire retail sales of melted gold from the Gold and Jewelry Union. This group, which operates under the name of "Aramis Tejarat Pardaz Zarin" company, conducts transactions of melted gold without receiving buying and selling fees.
Users can apply to physically receive their assets or sell their molten gold inventory online. In addition to transactions of melted gold, Maheral Gold also offers physical products such as melted bullion, Zarbad bullion and Persian coins.
Minimum purchase: 0.1 grams, purchase and sale fee: 0% Gold reserves storage location: Kargoshai Bank, physical delivery: possibility of receiving physical gold from Zarbad and Parsian brands, physical delivery fee: according to the registered information, for weights up to 20 grams equal to 50 gold whistles and for weights over 25 grams, there is no fee. Virtual businesses Certificate of activity from the Computerized Trade Union Organization of the country, from the Ministry of Security, membership in the Tehran Internet Business Association, membership in the Iran Fintech Association, membership in the Iran Chamber of Commerce, Industries, Mines and Agriculture, Melligold, Melligold has provided the possibility of buying and selling 18-carat melted gold online without making a fee and with a fee of 0.5% for each transaction. This collection operates under the name of the company "Yara Tejarat Electronic Banyan" and users can buy the desired gold based on the spot price.
For users who want to receive physical gold, Melli Gold has provided the possibility of in-person delivery at various branches in the country. Purchased gold can be received in the form of standard bullion with brands such as Zorbad, Tokeniko and Zioto. Receiving bullion includes the cost of multiplication and production, which is calculated according to the type of product.
Minimum purchase: one whistle or 0.001 gram. Trading fee: 0.5% for each transaction. Location of gold reserves: Kagoshai Bank. Minimum physical delivery: one gram or more. Melted gold and jewelry items, Parwaneh, Retail sale of gold and jewelry, Retail sale of Parwaneh gold coins, Wholesale sale of gold ingots, Parwaneh, Production and manufacture of gold and jewelry items from the e-commerce development center of the Ministry of Samet, Membership in the Computer Trade Union Organization, Membership in the Iran Fintech Association, MilliMili is an online buying and selling platform for molten 18-carat gold, which provides the possibility of buying gold from one milligram or one whistle. Users can buy melted gold by entering the desired amount and view their balance by weight in the user account. According to Milli, the volume of gold transactions on this platform has exceeded 32 thousand kilograms.
In addition to keeping the inventory of melted gold online, Milli has also made it possible to receive physical gold. According to Milli's announcement, the place where the gold of this collection is stored includes a bank and a dedicated warehouse.
Minimum purchase: one milligram (one whistle) purchase and sale fee: 0.5% for each transaction Declared storage location: Kargoshai Bank Physical delivery: possibility of receiving physical gold from 5 grams and above Physical delivery fee: 3% of the weight of melted gold must be paid as the cost of minting, packing and delivering it.
The possibility of buying gold in installments: it has the following licenses and memberships: the license to acquire molten gold retail from the Tehran Gold and Jewelry Association, the Shamad license from the Ministry of Culture and Islamic Guidance, from the Ministry of Somatism, the membership in the Tehran Chamber of Commerce, the official license from the organization of the computer trade union system, the license to acquire the online trading system of molten gold and jewelry artifacts from the National Virtual Business Association, the comparison of the best sites for buying molten gold to choose the site for buying molten gold, in addition to the credibility and platform licenses, It is better to compare the cost of buying and selling and the terms of receiving gold. The following table shows the information of the 11 introduced platforms.
Platform, buying and selling fees, physical delivery conditions, Zerpin 0.5% for each transaction, bars from 0.5 to 10 grams, Goldica, 0.78% to 1.2% from 10 soots, molten gold without a delivery fee, gold 5,000 fixed tomans from 50 soots, without the cost of preparing molten gold, gold, 1% for each transaction, bars and Persian coins, with a manufacturing and shipping fee of 0.5% for each transaction from 1 gram, bullion with a 2% fee Up to 14% Techno Gold 0.5% for each transaction of 5 grams, bullion with a fee of 3% Val Gold 0.5% for each transaction of 1 gram, with a gram pounding and packaging fee of 0.5% for each transaction of 300 whistles, variable commission with gold without a transaction fee for physical products, with a fee based on the weight of Milli Gold 0.5% for each transaction from 1 gram and above, variable commission of Milli 0.5% for each transaction from 5 grams, with a fee 3% How do we know that a molten gold buying site is valid?
Before buying melted gold from an online platform, it is better to do a few checks to make sure of the credibility of the seller, the physical backing of the gold, and the terms of access to your asset. To evaluate the validity of the molten gold buying site, follow the steps below: Inquire the validity of the licenses: Enter the platform's licenses page and click on the license to acquire the molten gold online trading system. Then check the unique ID of the license in the National License Portal. The company name, line of business and license validity status must match the information on the platform. This product and membership in trade associations are not a substitute for a specialized gold trading license.
Check the physical supporting documents: visit the licenses, treasury or financial transparency section of the site. If the platform declares that users' gold is kept in a working bank, check if it has published a treasury receipt or a questionable document. Pay attention to the name of the company and the date of the documents. Of course, an old receipt alone does not prove that the entire current inventory of users has sufficient support.
Compare the real cost of buying and selling: On two different platforms, check the price of buying one gram of 18-carat gold and the amount you would receive from the immediate sale of the same amount. The difference between these two amounts, along with possible fees, shows the actual cost of the transaction. This method is more practical than just comparing the fee percentage.
Read the Molten Gold Delivery Terms: In the Rules or Physical Delivery section, check what is the minimum weight that can be received, whether you are receiving molten gold in pieces or ingots, and what you will pay for minting, packaging and shipping. If your goal is to get molten gold, ask about the official invoice, stamp code and grading of the piece as well.
Check settlement times and withdrawal limits: Visit the Withdrawal Rules page and read the time for depositing money after the sale. For example, if the system advertises instant withdrawal, specify whether it means transferring money to your internal wallet or depositing it to your bank account. Also check the daily withdrawal limit and settlement conditions on holidays.
Check the company's identity and history of complaints: match the company's legal name, registration number and address with the license information. Then check out the user experience of issues like settlement delays, non-delivery of gold, and support responsiveness across multiple sources. If similar and unresolved complaints are repeated, take the matter seriously.
According to the rules of buying and selling gold and silver online, the participating platforms must deliver the available gold to the approved treasury before the sale and inform the customer about the purchase, sale, storage and delivery costs before the transaction. However, the transactions of these platforms are not guaranteed by the government or the banking system.