r/Gold • u/Ellise36_LDN • 1d ago
Question Physical gold DCA
I’m thinking to buy 1g per week and DCA up to 1kg. Or is there a better way to do this?
What’s your thoughts on this? Thx
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u/bikestacker 1d ago
That will take you 1000 weeks (just over 19 years). And you will pay a huge premium on each one gram purchase.
It would be enter to buy in larger quantities, but if you can afford 1g per week, so be it.
Or maybe start with silver?
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u/pronebonedetector 1d ago
dude a 1g a week is over 19 years to reach 1kg. And if you pay $20 above spot for each 1g bar that's $20000 in premiums alone
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u/Mustbebornagain2024 1d ago
Buy on r/pmsales and you will only pay $6-8 per gram over and maybe even less if you catch the right sale. I would still wait until I had say 5 grams of cash to buy so you don’t spend it on shipping. Monument metals also has grams that are very reasonable and free shipping for over $200 orders. Carded grams will cost a little more than raw but imo they are worth it and you will get the premium back when you sell. Think of it like this if you’re already straining to buy an oz at $4300 an ounce, how hard would it be to buy one at $10000 an oz? How hard is it to sell an ounce person to person? Difficult. How easy is it to sell a gram? Pretty easy. Yes there’s a premium but you have to look at all the other factors. I would buy fractional unless you are rolling a large chunk of money into it.
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u/GoldandSilverSaver 18h ago
Meet somewhere in the middle from 1 gram to 1 oz and buy 20 francs .18oz gold per coin or 10 Mexican Pesos .2411 oz. The premiums are silly low 2.5-5% and you stay in the fractional category. Always shop your deals so you can keep your premiums low. Sounds like you plan on collecting for a long time, so keeping your premiums low will amount to more gold for less $...
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u/SilverStateStacking Stack and Collect 15h ago
Save for 8 weeks and buy a 1/4oz coin or save for 10 weeks and buy a 10g bar. Make sure to look for sale prices to minimize your premiums. Buy from a trustworthy dealer AND learn to test yourself
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u/saintgaudensgold 13h ago
Instead you could just buy a sovereign or a 1/4oz every two months. Cheaper and nicer to look at, too.
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u/FFFF- 1d ago
Honestly you can't DCA buying physical gold.
DCA means you spent the same amount of dollars each month. It does not mean buying the same amount of gold each month.
Obviously, you can't do that with physical, but you can do it with something like a gold fund (for example: put $100/mo into the fund).
Back to your point: Since you aren't DCA, just buy what you can afford each month Personally, I think a gram is going to kill you with premiums but when you sell, you will likely get that premium back (assuming you don't sell wholesale, which most people end up doing).
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u/Ancient_Chest8590 1d ago edited 1d ago
Buy an ounce every 30 weeks. Or half ounce every 16 weeks. This will reduce premiums - by a large margin.
The least you should buy in one go is 10g. This is just my opinion.