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From high-end jewelry shops in downtown Miami to nationally trusted online dealers, Floridians have solid options when it comes to buying gold. But as always, reputation, pricing transparency, and service make a big difference.
Whether you're shopping in-person or online, knowing where to buy — and what to expect — can help you make a confident investment.
Best Places to Buy Gold in Miami: Local Dealers
Miami has fewer top-rated local gold dealers compared to other major metro areas, but a couple of standout options consistently receive strong customer feedback.
Below are two of the best-reviewed gold dealers in the area.
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Mega Gold Jewelry
Mega Gold Jewelry stands out with an impressive 4.9 rating on Google Reviews — one of the highest in the area.
Customers praise the store for its attentive staff, smooth transactions, and competitive pricing. While technically a jewelry store, they also offer bullion and coins upon request, making it a reliable option for buyers looking for a professional, boutique-style experience.
Location: 36 NE 1st St Suite 122, Miami, FL 33132
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Miami Gold Coins
Miami Gold Coins is a longstanding shop with over 100 reviews and a solid 4.3-star rating.
They specialize in collectible coins and bullion products, and many reviewers highlight their knowledge and honest pricing. While the store isn’t large, it’s known for clear communication, making it a decent stop for buyers seeking gold coins or bars in the downtown area.
Location: 60 NE 3rd St, Miami, FL 33132
Best Places to Buy Gold in Miami: Online Options
Because the local gold market in Miami is more limited, many investors turn to online platforms for broader inventory, pricing visibility, and convenience.
Here are some of the most reputable online gold dealers available to Miami residents:
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SD Bullion
If you’re looking for some of the lowest premiums in the industry, SD Bullion is consistently a top pick.
Their focus is strictly on bullion, not collectible coins, which keeps pricing straightforward. SD Bullion also offers gold IRAs and has a reputation for fast service and no-nonsense customer support.
Platform | Rating |
|---|---|
Trustpilot
| 4.3 (2,648 reviews) |
Better Business Bureau (BBB) | A+ | Accredited Since 2014 |
Sitejabber | 3.3 (641 reviews) |
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JM Bullion
JM Bullion offers a clean, easy-to-navigate website, fast shipping, and a wide range of bullion products — from coins and bars to IRA-eligible gold.
Although headquartered in Texas, JM Bullion ships nationwide and is often praised for transparent pricing and educational tools that help buyers compare premiums.
Platform | Rating |
|---|---|
Trustpilot
| 4.3 (1,493 reviews) |
Better Business Bureau (BBB) | A+ | Accredited Since 2014 |
Consumer Affairs | 4.5 (790 reviews) |
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APMEX
APMEX is one of the largest online gold dealers in the world — and it shows in their product selection and tech features.
They offer everything from rare coins to fractional gold bars. Buyers can set up price alerts, build a precious metals portfolio, or automate purchases with their AutoInvest program.
However, its customer ratings are quite low compared to other dealers:
Platform | Rating |
|---|---|
Trustpilot
| 1.7 (7,966 reviews) |
Better Business Bureau (BBB) | A+ | Accredited Since 2004 |
Consumer Affairs | 2.8 (290 reviews) |
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Noble Gold
Noble Gold focuses heavily on gold IRAs, but they also offer direct gold and silver bullion purchases.
They’re known for a personalized customer service approach, making them a strong choice for first-time investors who want to talk through their strategy.
Platform | Rating |
|---|---|
Trustpilot
| 4.9 (537 reviews) |
Better Business Bureau (BBB) | A+ | Accredited Since 2017 |
Consumer Affairs | 4.9 (799 reviews) |
Google Reviews | 4.9 (562 reviews) |
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Birch Gold Group
With a strong reputation among IRA investors, Birch Gold Group offers both physical bullion and precious metals IRAs.
The company provides a smooth buying process and educational guidance, which is particularly useful for buyers who want to understand how gold fits into long-term planning.
Platform | Rating |
|---|---|
Trustpilot
| 4.3 (197 reviews) |
Better Business Bureau (BBB) | A+ | Accredited Since 2013 |
Consumer Affairs | 5.0 (170 reviews) |
Google Reviews | 4.7 (371 reviews) |
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Advantage Gold
Advantage Gold is another gold IRA specialist but also sells bullion directly to consumers.
They’re often praised for walking investors through the buying process step-by-step, including gold storage options and retirement planning strategies.
Platform | Rating |
|---|---|
Trustpilot
| 4.9 (1,758 reviews) |
Better Business Bureau (BBB) | A+ | Accredited Since 2014 |
Consumer Affairs | 5.0 (448 reviews) |
Google Reviews | 5.0 (914 reviews) |
Things to Consider When Buying Gold and Silver in Miami
Before you buy precious metals in Miami — whether from a local shop or online — it’s important to understand how to protect your investment. Here are key factors to keep in mind:
Reputation matters: Always check Google and third-party reviews before visiting a local dealer. Miami has fewer high-rated bullion shops, so vetting is essential.
Spot price vs. premium: Know the current spot price of gold or silver and compare it to what the dealer is charging. Premiums can vary widely.
Buy-back policies: Some dealers offer to repurchase metals in the future. Ask about terms upfront, especially if you plan to sell later.
Authenticity and documentation: Only buy from sellers who provide proper certification and guarantee authenticity — especially important for coins.
Sales tax laws: Florida does not charge sales tax on gold or silver purchases over $500, but always verify with the dealer to ensure you're not overpaying.
Online vs. local: Online dealers may offer better selection and lower premiums, while local shops offer face-to-face trust — weigh your priorities accordingly.
Taking the time to research can help you avoid scams and overpaying in a competitive market like Miami.
FAQ
It can be safe if the store is reputable and offers bullion or coins with clear pricing and authenticity documentation.
Some local dealers may allow negotiation, especially for larger purchases. It depends on the dealer's pricing flexibility.
Yes, dealers must comply with Florida state laws, including anti-money laundering rules and customer verification.
Pawn shops can have deals, but authenticity and pricing may be inconsistent. Always verify purity and weight.
For small transactions, yes. Larger purchases may require ID due to federal and state regulations.
Yes, you can open a gold IRA through national providers who ship and store metals in IRS-approved facilities.
Yes, tourists can buy gold, but should declare it at customs if taking it abroad, depending on the country.
Most don’t offer delivery, but if they do, ask about insurance and costs. Online dealers typically offer insured shipping.
Like gold, silver is tax-exempt in Florida for purchases over a certain dollar amount. Confirm the rules with your dealer.
