Should I Buy Silver or Gold?

Author: Ian Davis - Chief Operations Officer

Published: 9 May 2018

Last Updated: 22 Dec 2022


If you're looking for more information about buying silver and gold, we invite you to read our full investing in silver guide and/or our investing in gold guide to find your best suited investment.

Gold vs Silver

We Sell Both!

We have full dedicated sections for gold coins, gold bars, silver coins and silver bars. 

Investment Guides

We even publish for guides on buying gold, buying silver, selling gold and selling silver

For those making their first purchase of gold or silver, we highly advise you read around the subject before making your first investment. You can also speak to one of our friendly members of staff and ask their advice either on live chat or by calling 01253 343081 .

Buying Information

If you are looking to buy precious metals at the lowest premiums, gold is the better option as it is exempt from VAT (as of August 2019). However, gold can be quite an outlay for some budgets as the lower premiums start on one ounce coins.

For example, our sovereign prices start from £447.66 and this will buy you 0.2354 troy ounces of gold. If you want more gold, our cheapest 1 ounce gold coins start from £1,885.91. Compare this to our reduced VAT special scheme silver where you can buy 1 ounce of silver for from £28.90, which is a much more attractive starting price for many investors. It is easy to buy small amounts of silver bullion cheaply and add to it as and when you choose. As with gold, the larger the weight of the coin or bar and the more that you buy, the lower the price of the item you pay. We would recommend investors to buy both gold and silver to balance their precious metal portfolio.

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