It's also important to remember that banks typically do not buy back gold, leaving you to find a separate outlet if you wish to sell. For instance, these banks might sell gold coins at a premium to make a profit, meaning you could end up paying more than necessary. government, but the cost can often be higher than market rates.
That said, a few regional and community banks might occasionally offer gold coins, particularly those minted by the U.S. While banks in some countries, like Switzerland, do provide such services, the practice is less common in the U.S. In general, it's rare to find banks that sell gold bars or coins in the United States.
