Gold $2,357.08 -0.61%
Silver $28.56 -0.82%
Platinum $1,058.08 -4.8%
Palladium $993.65 -2.42%
McGruff Gold Dealers Kentucky Lexington

Buy Gold Online in Lexington, Kentucky

Even though gold is not abundant in Lexington, that hasn’t stopped residents from investing in gold products. Gold is a long-term growth asset that acts as a hedge against inflation. If you also want to diversify your portfolio, consider buying gold online from the comfort of your home. Upon placing your order, the gold company will have your products delivered to your home or depository.

Types of Precious Metals Investments

If you’re considering investing in gold, the most popular assets to choose from include gold coins, bars, and IRAs.

Buy Gold Coins

Gold coins are manufactured by government mints, such as the U.S. Mint, Royal Canadian Mint, Royal Mint of the United Kingdom, Central Mint of the People’s Bank of China, and Perth Mint in Australia. Gold coins are typically available in four denominations: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. Depending on the coin’s demand, rarity, scarcity, and design elements, they often cost more than their face value.

Buy Gold Bars

Gold bars typically have the highest purity standards, with investment-quality gold bars holding an international standard of 99.5%. They range from one gram to 400 ounces and are stamped with the manufacturer’s name, weight, and purity to ensure authenticity.

Open a Gold IRA

A gold IRA allows investors to hold IRS-approved physical gold coins, bars, and precious metal stocks in their retirement account. It works like a traditional IRA but is funded through physical gold, not paper assets.

Invest in a Gold IRA in Lexington

Lexington residents who wish to invest in a gold IRA can contact a local or online gold dealer to set up a new account or roll over an existing IRA. A representative from the gold company can guide you through the setup process and help you in choosing IRS-approved gold products, a custodian, 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, make sure the transfer is completed within 60 days when you are rolling over an IRA to avoid possible penalties for early withdrawal.

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

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.
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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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