Gold $2,345.98 0.55%
Silver $28.41 -1.02%
Platinum $1,016.57 -1.75%
Palladium $976.99 -0.15%
McGruff Gold Dealers Kansas Wichita

Buy Gold Online in Wichita, Kansas

Located on the Arkansas River, Wichita is the largest city in Kansas. The city is nicknamed “The Air Capital of the World” due to the large concentration of successful aircraft manufacturing companies.

Wichita is also an extremely popular destination for 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.

Today, you can buy gold coins, bars, and other products online and have them delivered to your doorstep. Read on to learn more about how to buy gold online in Wichita.

Types of Precious Metals Investments

People have been investing in gold for centuries to protect against market volatility. Unlike the U.S. Dollar, which lost 98% of its purchasing power since the 1970s, the gold coin price has multiplied by more than 15 times.

If you want to invest in gold, there are three products you can choose from:

Buy Gold Coins

Coins are manufactured by national mints in the United States, the United Kingdom, Canada, and other countries. They weigh between a few grams and a few ounces and are priced based on their gold content. Most new coins hold around 99.9% gold, while older ones usually contain 90% to 92% gold. Some gold coins also have high aesthetic and historical value, which may add to their selling price.

Buy Gold Bars

Bars are also manufactured by mints and sold by qualified dealers. They come in different shapes and sizes and weigh between one gram and 400 ounces. Unlike coins, gold bars don’t bear a historical or aesthetic significance, and their price is only determined by their size and gold content. When buying gold bars, make sure they have their weight and manufacturer’s name engraved on them to ensure authenticity.

Open a Gold IRA

A gold IRA is a retirement account that works like a regular IRA. The only difference is that instead of paper assets, you can hold gold products, such as coins, bars, and bullion. A gold IRA is a self-directed account that you can establish with the help of a custodian. You can also roll over your funds from an existing account.

Invest in a Gold IRA in Wichita

If you want to establish a gold IRA, you have to find a custodian who can set up and administer your account. A gold investment company representative will usually help you with the initial stages. Next, you need to find a broker to purchase the gold products from. Keep in mind that only IRS-approved gold assets are allowed in a gold IRA.

If you want to roll over, make sure to complete the transfer within 60 days to avoid paying early withdrawal penalties.

These are the eligible retirement funds that can be rolled over to a gold IRA:

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 Wichita

Popular gold coins:
U.S. American Eagle
U.S. American Buffalo
South African Krugerrand
Austrian Philharmonic
Canadian Maple Leaf
British Britannia
British Sovereign
Australian Kangaroo
Mexican Libertad
Chinese Panda
Popular gold bars:
Credit Suisse
PAMP Fortuna
PAMP Lunar
Valcambi CombiBar
Perth Gold Mint
Royal Canadian Mint
Sunshine Minting

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

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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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