Gold $2,386.37 -1.83%
Silver $29.68 -4.56%
Platinum $1,071.58 -6%
Palladium $1,013.39 -4.32%
McGruff Gold Dealers Illinois Chicago

Buy Gold Online in Chicago, Illinois

Looking to invest in gold as a way to hedge against inflations and the volatility of the stock market? Luckily, you can buy gold online and have it shipped directly to your residence in Chicago.

This guide will explain the types of gold investments you can purchase. Keep reading to learn more about investment opportunities and gold sellers in Chicago.

Types of Precious Metals Investments

One of the main advantages of gold is its stability. Because it is a finite resource that cannot be artificially manufactured, there is only a limited amount of gold in the world. As such, it has historically been viewed as a store of value that can be used to hedge against inflation and other economic uncertainties.

Buy Gold Coins

There are several different types of gold coins to choose from when investing in gold. These include bullion coins, which are made of pure gold and have guaranteed weight and purity standards. There are also numismatic coins, which are rare, collectible coins. Numismatic gold coin costs are often higher than their spot price due to historical or artistic significance.

Buy Gold Bars

There are several different types of gold coins to choose from when investing in gold. These include bullion coins, which are made of pure gold and have guaranteed weight and purity standards. There are also numismatic coins, which are rare, collectible coins. Numismatic gold coin costs are often higher than their spot price due to historical or artistic significance. You can also buy fractional gold coins in small quantities, which allows new investors to enter the gold investing world without spending a large sum. Finally, there are commemorative gold coins, which are often issued by governments to celebrate important events like national holidays or royal birthdays.

Open a Gold IRA

A gold IRA is a type of retirement account that allows you to invest in IRS-approved physical gold. Chicago residents can open a gold IRA or roll over a traditional IRA by contacting a local or online gold dealer. Representatives from your chosen company will walk you through the process of opening a gold IRA account. During this process, they will assist you in choosing a custodian, gold assets, and a depository.

Invest in a Gold IRA in Chicago

Chicago residents looking to roll over their existing IRA into a gold IRA may be eligible if they have the following accounts:

Here are the eligible accounts for a rollover:

Traditional IRA
Roth IRA
401(k)
403(b)
457(b)
SEP IRA
SIMPLE IRA
Thrift Savings Plan (TSP)
Keep in mind that the IRA rollover must be completed within 60 days to avoid early withdrawal penalties.

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

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
Perth 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.
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Buy Gold and Silver From Cities Near Chicago, IL

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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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