Where to buy physical gold?

Isn’t that the whole point of gold? Buy something at price X that you hope somebody else will take off your hands at price X plus Y (with Y ideally positive)?*

Personally, I would like to own gold – I’d be happy with a tiny 1kg bullion – just for the pure excitement of touching and holding about 3 x 1024 atoms that were forged in the unimaginable hell of supernovae and colliding neutron stars aeons ago with Goofy now distributing his fingerprints on that purified nugget, resisting only reluctantly to test the ductility of the pure metal with his fingernails … though, see, what the heck: Goofy does not ever want to sell, so fingernail dents don’t matter.


* At your leisure insert Warrent Buffett quotes about the (lack of) utility and productivity, the speculative nature and the opportunity cost of gold.

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I’m buying it at the UBS counter and the price is the daily price of gold with around 20-30 more chf per oz of gold added.

fyi, most banks also have something called “metallkonto”, which is a virtualized account. In my bank it’s 0.4% pa