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.