I'm looking at it more as an online investment medium than to physically hold the gold (although price is high right now so not the best time to buy). If you buy from a store (especially where I'm from) you'll pay a premium over the market value, and then you have to physically store the gold yourself which could be a security risk, and if you want to sell the commodity you'd have to then physically go to a store, and they will take a large commission. What most investors do is use a broker to buy and sell the gold and the gold sits in a vault which enables them to buy it in the same way you would buy stock from a stock market (you usually still need to pay a broker fee but the rates will be market rates). I was wondering if there are any service where you can do the same kind of thing in bit coin, because otherwise i'd have to transfer to fiat which incurs a fee and then pay the broker which incurs another fee.  

I'm effectively looking to reallocate profits into certain 'buckets' as a means of portfolio diversification, gold is always cheap when the world economy is going well and expensive during a recession. Now is not the best time to invest, but I want to be prepared for when it is.