Many Angelenos opt to invest in gold due to the intrinsic value of gold bars and coins, as well as its relatively steady price increase. Others may be looking to diversify their portfolios with stable, long-term growth assets. As such, Los Angeles residents can browse a variety of gold investment options from local and online dealers. Consider gold investment options available from the dealers listed below.
Types of Precious Metals Investments
If you’re considering investing in gold in Los Angeles, popular types of gold investments include coins, bars, and IRAs.
Los Angeles residents can contact a local or online gold dealer to set up their gold IRA account or rollover an existing IRA. Typically, a representative from the company will walk you through the setup process, including choosing a custodian, IRS-approved products, and a depository.
If you want to roll over a traditional IRA into a gold IRA, the following accounts are eligible:
Traditional IRA
Roth IRA
401(k)
403(b)
457(b)
SEP IRA
SIMPLE IRA
Thrift Savings Plan (TSP)
However, if you are rolling over an IRA, make sure the transfer is completed within 60 days. If it is not, you may incur penalties for early withdrawal.
Buy Gold and Silver Coins, Bars, and Bullions Online in Los Angeles
Popular gold coins:
U.S. Saint-Gaudens Double Eagle
U.S. American Eagle
Canadian Maple Leaf
Mexican Libertad
Chinese Gold Panda
British Sovereign
South African Krugerrand
Austrian Philharmonic
American Buffalo
Australian Kangaroo
British Britannia
Popular gold bars:
Credit-Suisse
Johnson-Matthey
Engelhard
PAMP Suisse
UBS
Sunshine Minting
Peth Mint
ScotiaMocatta
Heraeus
Holy Land Mint
Gold Buying Guide by State
Click on your state to learn more about investing in gold, silver, and other precious metals in your area.