Wholesale Gold
Wholesale gold, in the case of jewelry, of can be described
as a bulk incentive discount usually received by retailers. Their reward
for ordering $1,000 worth of merchandise is more of it the more they
spend. There is even a service that only requires a $500 minimum order,
which puts some accessibility into the idea of buying gold wholesale.
Wholesale gold (a collection of gold jewelry sold wholesale) can also
be sold but you will probably get better prices by selling the pieces
individually. The exception to this would be if the collection was well-known
as a set and would thereby command a higher sale price altogether. Either
way the term is fairly empty.
There’s really no such thing as buying wholesale gold (in bricks
or bullion). The gold standard was abandoned by the United States in
1933 in favor of fiat currency. Some people still collect gold as a
contingency plan in case the currency system fails.