Gold $2,357.58 -0.63%
Silver $28.57 -0.88%
Platinum $1,058.85 -4.87%
Palladium $995.96 -2.64%
McGruff Gold Dealers Minnesota Minneapolis

Buy Gold Online in Minneapolis, Minnesota

Minneapolis, the largest city in Minnesota, offers several popular precious metal dealers for individuals who want to buy gold. Specifically, those who want to invest in gold should focus on the Twin Cities area.

Gold provides an excellent return on investment thanks to its growing demand and value. Individuals buy gold online or offline to protect their finances from inflation and deflation and obtain good portfolio diversification.

Types of Precious Metals Investments

Gold provides financial cover during geopolitical and economic uncertainties. Those who want to invest in gold online or offline can opt for gold coins, bars, and IRAs.

Buy Gold Coins

A gold coin usually contains pure gold. Generally, the size of gold bullion coins comes in one-ounce, half-ounce, quarter-ounce, and tenth-ounce sizes. Most gold coins minted since 1800 contain 90% to 92% gold. And most of today’s gold bullion coins, such as the Britannia, Canadian Maple Leaf, and American Buffalo, are pure gold. The gold coin price is often more than the face value due to demand, scarcity, design elements, and historical factors.

Buy Gold Bars

Gold bars are also called bullion or ingots. Today’s gold bar fineness is .9999, while older ones are .999 or .995 pure. The size can range from one gram to 400 ounces. In addition, the price is conditioned by the content of gold. When buying gold bars, make sure they are all stamped with the manufacturer’s name, weight, and purity. Specifically, investors who buy gold bars can enjoy a long-term investment. Interestingly, central banks’ gold reserves use gold bars.

Open a Gold IRA

Individuals can use a self-directed individual retirement account called a gold IRA to invest in physical gold, silver, platinum, and palladium. A gold IRA is funded through physical gold instead of paper assets. Coins or bars must comply with IRS fineness standards and be held by a certified custodian rather than the IRA owner.

Invest in a Gold IRA in Minneapolis

Minneapolis residents can turn to local or online gold sellers to open a gold IRA to diversify their retirement accounts. In addition, a gold IRA can help fight inflation. Importantly, apart from opening a gold IRA, it’s also possible to roll over an existing IRA. Specifically, a representative will help you choose a custodian, IRS-approved products, and a depository.

Here are accounts eligible accounts if you are thinking of 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)
Those rolling over an IRA must transfer the funds within 60 days to avoid early withdrawal penalties.

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

Popular gold coins:
Gold American Eagle
Gold Canadian Maple Leaf
Gold South Africa Krugerrand
British Sovereign
Swiss 20 FRANC
Popular gold bars:
One-kilogram Metalor Gold Bar
PAMP Suisse Lady Fortuna Veriscan

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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Buy Gold and Silver From Cities Near Minneapolis, MN

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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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