Do you require an ID card to buy gold in your country?

[Suba]

In my country, most gold shops require buyers to show their ID cards when purchasing gold, whether jewelry or bullion. There are several important reasons why most gold shops or official gold sellers require buyers to show their ID cards during transactions:
1. Compliance with government regulations
2. Transaction security
3. Streamlining the buyback process.
4. Preventing fraud and misuse of funds.

 

[Augusta]

For my country Nigeria I don't think it is with an iD. I don't think I have heard anything like this

 

[Sanjeev]

We don't require to show ID while purchasing gold in my country but I think it should be mandatory to keep a check on people who invest in gold.

 

[Starmix]

No, I always buy gold jewelry and never require to show or present and ID. It might be only in your country..Your government might be strict about that.

 

[Springtime]

In my city, you do no need to show your ID card to buy gold.

 

[Min George]

The trading of gold in my country just exists in an open market without any restrictions. No ID is required.

 

[Augusta]

Yes I believe for we Nigerians we just have to go to the market for purchase you don't need kind of identification