How to buy Gold from Africa and avoid scams

How to buy Gold from Africa and avoid scams

If you are looking for how to buy Gold from Africa and avoid scams then this post will help you out. The first step is to find reputable dealer, verify their credentials and documentation and use secure payment methods. If you are a business man looking to buy Gold from Africa online then prepare to always lose money. A business of this magnitude can’t be done online unless you are looking to buy a few grams of Gold. You find a Gold vendor online contact them, travel to the country, inspect the gold before doing any business.

There’s no vendor who will send his gold out of the country without meeting the person he is selling to. We do not know of anyone who will take that risk. Also we do not think it is wise for you to send money to someone you haven’t met.

Finding a reputable Gold vendor

The number of scam websites online claiming to sell Gold in Africa is alarming and the only safe way to move past this is to conduct business face to face. Scammers are mostly young individuals hiding behind a website and a WhatsApp number. They do not have documentations to support their claim, an office or the gold. What they do is give you a too good to be true deal telling you they can ship the gold if you pay the shipping charges. This is not the way a gold deal works. Gold is precious and believe me real vendors have no problem selling.

When you do this business the right way you will make a huge profit. Thankfully there are a few decent people still selling Gold in Africa. Vasco Gold is the number one producer of Gold in East Africa and we are ready to do business with serious people only. Send inquiries today for more information on how to buy gold from Africa and avoid scams.

The best way to buy Gold from Africa

When buying Gold from Africa, there are certain documentations involved and this means you will have to make an advance payment. The amount varies from country to country but not exceeding 6% of the total consignment. Once you have that sorted out, you can do business without any problem.

Before making any payment, you should meet the vendors, lay down terms, test the gold to be sure, ensure there are no other hidden fees and then deal. This is the best way to buy Gold from Africa.

Beware of fake Gold

You should also beware of fake gold and this is why we emphasize you test the Gold properly before dealing. There are many scams involving fake Gold made from grass and tungsten metals. These metals are cut into bars and then coated with gold paint. They will always pass the visual test only a deep test will reveal what is underneath.

This is one of the most common gold scam and very prevalent in Africa. Do due diligence before working with any gold dealer from Africa.

Frequently Asked Questions (FAQs)