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5 Common Mistakes Beginners Make When Buying Gold (And How to Avoid Them)

22 September 2026 · 7 min read · by Ronny Roehrig

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Mistake 1: Buying without a clear goal

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Mistake 2: Chasing the price instead of a plan

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Mistake 3: Ignoring the premium over spot price

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Mistake 4: Trusting the wrong seller

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Mistake 5: Forgetting about storage and resale

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A different way to think about gold

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Open the compound calculator → How gold copy trading works →

The bottom line

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Ronny Roehrig
Ronny Roehrig
In the markets since 1999. I help beginners use gold and daily compounding to build wealth step by step.