Buying Gold Bullion From Banks May 2026

Banks typically charge a 7–10% markup over the "spot" market price, which is often higher than specialized dealers.

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Most branches simply do not offer this service anymore. Banks typically charge a 7–10% markup over the

Most major U.S. banks do not sell physical gold to the public. You may have better luck with local credit unions or smaller, rural banks that sometimes buy and sell coins received from customers. buying gold bullion from banks

Some private banks allow wealthy clients to buy a claim to gold held in their vaults (starting around $250,000), which avoids the hassle of physical handling.