Gold $2,387.30 -1.86%
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Platinum $1,068.93 -5.77%
Palladium $1,011.25 -4.11%
McGruff Gold Dealers Indiana Indianapolis

Buy Gold Online in Indianapolis, Indiana

Precious metals have been one of the most successful investments in Indianapolis. The reason has to do with their high return and value. Over time, gold has steadily risen in price and maintained its worth. As a result, many investors choose gold assets because of their long-term growth and relative stability compared to volatile stocks.

Indiana has a large population, and you can find many highly regarded coin dealers in the state. Specifically, in Indianapolis, the largest metro area, you can find many coin shops and bullion dealers to buy gold online and offline.

Those who want to invest in gold can choose from various investment options that local and online dealers offer. Below, you can find gold investment options from reputable online dealers.

Types of Precious Metals Investments

Gold coins, bars, or IRAs are the most popular assets to invest in.

Buy Gold Coins

A gold coin is made mostly or entirely of gold. Most of the coins minted since 1800 are 90% to 92% gold (22 karats). They’re minted for investment. The manufacturers include internationally renowned mints, such as the U.S. Mint, Royal Canadian Mint, Royal Mint of the United Kingdom, the Central Mint of the People’s Bank of China, and the Perth Mint in Australia. Since gold coins have great demand, unique design elements, and are rare, they often cost significantly more than their face value. In addition, these coins range from a few grams to a few ounces. If you want to buy gold coins, make sure you’re provided with a certificate of authenticity.

Buy Gold Bars

A gold bar is also known as bullion or ingot. Bar producers make this refined metallic gold in any shape. They must meet standard conditions of manufacture, labeling, and record keeping. Gold bars typically feature the highest purity standards. Investment-quality gold bars have an international standard of 99.5% purity. The size of these bars ranges from one gram to 400 ounces. Those who want to buy gold bars should pay attention to the content of gold, the main factor in determining the price of a bar. The latter comes stamped with the manufacturer’s name, weight, and purity, ensuring authenticity.

Open a Gold IRA

A gold IRA is an individual retirement account, sometimes called a self-directed IRA (SDIRA), enabling investors to hold precious metals, including physical gold. The only difference between a gold IRA and a traditional IRA is that the former is funded through physical gold instead of paper assets. By working with a special custodian or broker, you can open a gold IRA with pretax or after-tax dollars. However, as compared to traditional IRAs, these accounts charge higher fees. Generally, a gold IRA charges a one-time account setup fee ranging from $50 to $150, an annual administrative or custodial fee ranging from $50 to $150, and storage fees ranging from $50 to $300 annually.

Invest in a Gold IRA in Indianapolis

A gold IRA can be a tax-efficient option for securing your retirement funds. Indianapolis residents can contact a local or online gold dealer to get help with their gold IRA account. Specifically, you can open an IRA account or roll over a traditional one by contacting a local or online gold dealer. Representatives from the company can help you choose a custodian, depository, and IRS-approved gold assets.

The below-listed accounts are eligible for those who want to roll over a traditional IRA into a gold IRA:

Traditional IRA
Roth IRA
401(k)
403(b)
457(b)
SEP IRA
SIMPLE IRA
Thrift Savings Plan (TSP)
When rolling over an IRA, complete the transfer within 60 days if you don’t want to incur penalties for early withdrawal.

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

Popular gold coins:
U.S. American Eagle
Canadian Maple Leaf
Chinese Panda
Pre-1933 Liberty Eagle
Pre-1933 Saint-Gaudens Double Eagle
British Sovereign
Italian Umberto 20 Lire
Popular gold bars:
American Eagle
Chinese Panda
Canadian Maple Leaf
South Korean Phoenix

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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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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