Gold $2,385.36 -1.78%
Silver $29.43 -3.76%
Platinum $1,064.06 -5.34%
Palladium $1,011.16 -4.11%
McGruff Gold Dealers Louisiana New Orleans

Buy Gold Online in New Orleans, Louisiana

Residents of New Orleans heavily invest in precious metals as a way to grow and protect their wealth. Most often, residents invest in gold to grow their wealth long-term. However, investors also buy silver, platinum, and palladium to diversify their portfolios.

The exemption of sales tax on selling gold coins and bullion makes the state attractive to precious metal investors. As a result, many people in New Orleans consider buying gold online one of the most lucrative investment opportunities. This is because gold offers a high return on investment and retains value for a long time without being subject to significant price changes.

To get started with gold investing, keep reading to learn about the types of gold investments and some of the top gold sellers.

Types of Precious Metals Investments

Physical gold is considered a popular investment due to its liquidity and portability. So, many buy gold online or offline as a hedge against currency risk and inflation. Mainly, people invest in gold coins, bars, and IRAs.

Buy Gold Coins

In recent decades, gold coins have mainly appeared as bullion coins for investors. Also, they’ve been produced as commemorative coins. If you want to buy gold coins, pay attention to the following factors: rarity, age, condition, and the year of original mint. These factors determine the gold coin price. Gold coins typically contain 90% to 92% gold (22 karats, and are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo. The names of internationally renowned mints include 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. When investing in gold online or offline, pay attention to its certificate of authenticity.

Buy Gold Bars

Think of a gold bar as a quantity of refined metallic gold. It’s also referred to as bullion or ingot and comes in any shape. Bar producers must meet standard manufacturing conditions by government and private mints. Each bar contains 24 karat gold featuring a fineness of 999.9. It can range from one gram to 400 ounces. When buying gold bars, ensure they have a certificate about their weight, purity, and gold standards. The bar price is conditioned by the content of gold and comes stamped with the manufacturer’s name, weight, and purity, proving authenticity.

Open a Gold IRA

Also called a self-directed IRA (SDIRA) or a precious metals IRA, a gold IRA is an individual retirement account. It can be used for investing in precious metals such as physical gold, silver, and platinum. Unlike a traditional IRA, a gold IRA is associated with physical gold instead of paper assets.

Invest in a Gold IRA in New Orleans

A gold IRA can help you protect your retirement account against market volatility and inflation. Consider contacting local or online gold sellers to open this tax-efficient option or roll over a traditional IRA account. You’ll get professional help to choose a custodian, depository, and IRS-approved gold assets.

Here is a list of eligible accounts when rolling 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)
Remember to complete the fund transfer within 60 days to avoid early withdrawal penalties.

Buy Gold and Silver Coins, Bars, and Bullions Online in New Orleans

Popular gold coins:
U.S. American Eagle
Canadian Maple Leaf
South African Krugerrand
Austrian Philharmonic
American Buffalo
British Sovereign
Australian Kangaroo
British Britannia (BU)
Popular gold bars:
Pamp Suisse
Argor-Heraeus
Perth 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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