Gold $2,389.51 -1.95%
Silver $29.52 -4.05%
Platinum $1,067.31 -5.63%
Palladium $1,012.12 -4.2%
McGruff Gold Dealers Florida Orlando

Buy Gold Online in Orlando, Florida

Famous for its Disney World and Universal Studios, Florida, Orlando is one of the most popular tourist destinations in the United States. With a population of only 300,000, the city draws more than 50 million visitors each year.

Orlando is also home to thousands of people who have been building their wealth by investing in precious metals. Most often, residents invest in gold to grow their wealth long-term. However, investors also buy silver, platinum, and palladium to diversify their portfolios.

If you live in Orlando, there are multiple investment opportunities for you to buy gold online and in-store. Keep reading to learn how you can invest in gold in the Sunshine State.

Types of Precious Metals Investments

The price of gold has been increasing steadily over the past few decades. This makes it a powerful and popular investment opportunity for Orlando residents. There are three main types of gold products available for investing. Let’s take a look at them one by one.

Buy Gold Coins

Gold coins usually weigh one to two ounces, but you can also find half-ounce or quarter-ounce coins with some dealers. Older coins usually contain 90% to 92% gold, while newer ones hold about 99.9% gold. The gold coin price is usually based on weight, purity, and gold content. However, some coins may be sold at more than their intrinsic value because of their rarity, scarcity, fineness, demand, or design elements.

Buy Gold Bars

Gold bars are cast or minted items that hold about 99.9% gold. They are mainly sold at their face value, which is determined by their weight and gold content. Typical bars weigh between one gram and 400 ounces. When buying gold bars, they are stamped with their weight, fineness, and serial number and come with a certificate of authenticity.

Open a Gold IRA

Establishing a gold IRA is another way you can invest in gold in Orlando. A gold IRA is a self-directed account that functions like a regular IRA. The only difference is that instead of stocks and bonds, investors can purchase IRS-approved precious metals.

Invest in a Gold IRA in Orlando

To open a gold IRA, you need to contact a custodian who will help you with the setup process. Then, a broker will help you purchase the products and add them to your IRA.

The IRS also lets you roll over from a list of existing accounts. The rollover process should take no more than 60 days; otherwise, you may be faced with early withdrawal penalties.

The list of eligible accounts for rollovers includes:

Traditional IRA
Roth IRA
401(k)
403(b)
457(b)
SEP IRA
SIMPLE IRA
Thrift Savings Plan (TSP)

Buy Gold and Silver Coins, Bars, and Bullions Online in Orlando

Popular gold coins:
U.S. American Eagle
U.S. Saint-Gaudens Double Eagle
New Zealand Liberty
New Zealand Independence
Australian Phoenix
Australian Turtle
Canadian Maple Leaf
American Buffalo
British Sovereign
British Britannia
Popular gold bars:
Credit-Suisse
ScotiaMocatta
Perth Mint
Sunshine Minting
UBS
PAMP Suisse
Engelhard
Johnson-Matthey

Gold Buying Guide by State

Click on your state to learn more about investing in gold, silver, and other precious metals in your area.
US Map

Best Gold Dealers Near Me

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American Hartford Gold

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Augusta Precious Metals

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Birch Gold Group

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Goldco

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Buy Gold and Silver From Cities Near Orlando, FL

Cape Coral Fort Lauderdale Jacksonville Orlando Port St. Lucie St. Petersburg Tallahassee Tampa

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Advertiser Disclosure: McGruff.com is a for-profit advertising network and professional review site that receives compensation from companies it reviews and for leads it generates and provides to third-parties.

McGruff.com is not an agent or representative of any gold company or institution, and does not make any decisions about gold. The precious metal market has inherent risks. You should consult with a financial advisor before making any decisions. Submitting your information on this website does not mean that you will be approved for gold exchange. McGruff.com does not endorse any specific company. You should research all available gold exchange options for your situation. For questions about your gold exchange, please contact the gold company directly.
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