Gold $2,355.08 0.16%
Silver $28.59 -1.63%
Platinum $1,054.34 -5.27%
Palladium $990.35 -1.49%
McGruff Gold Dealers Ohio Cincinnati

Buy Gold Online in Cincinnati, Ohio

The value of precious metals has risen significantly over the last few years. Thus, many Cincinnati investors want to buy gold as a valuable investment. In addition to gold, investors also buy silver, platinum, and palladium to diversify their portfolios. In Cincinnati, you can invest in gold online and offline.

Cincinnati residents looking to invest in gold have several options to choose from, and many opt to buy gold coins and bars. Specifically, many longstanding coin dealers in the city make Cincinnati one of the best places to buy gold coins and bullion products. To learn more about gold investing, keep reading to find out how to get started.

Types of Precious Metals Investments

Though silver and gold mining has never been a big industry in Ohio, the state is home to some of the top silver and gold sellers. Specifically, many of these dealers are located near major cities, including Columbus, Cincinnati, and Cleveland. Namely, in Cincinnati, you can purchase bullion, premium rare coins, or add physical gold or silver to your existing IRA account.

If you want to buy gold online or offline, gold coins, bars, and IRAs are the most popular investment options.

Buy Gold Coins

Gold coins feature 90% to 92% gold purity. In addition, coins range from a few grams to a few ounces. Most of the coins that have been minted since 1800 contain pure gold. Specifically, 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 are internationally renowned mints. Often, the gold coin price will be higher than the face value due to scarcity, demand, historical factors, and design elements.

Buy Gold Bars

If you want to buy gold bars, also called bullion or ingots, make sure they meet the standard manufacturing conditions and labeling by the government or private mints. Specifically, gold bars come in any shape. Moreover, they contain 24 karats (999.9 pure gold) and range from one gram to 400 ounces. When buying gold bars, make sure they have their weight and manufacturer’s name engraved on them to ensure authenticity.

Open a Gold IRA

Also referred to as a self-directed IRA (SDIRA), a gold IRA is a specialized individual retirement account. Unlike a traditional IRA that is funded through paper assets, a gold IRA is funded through physical gold.

Invest in a Gold IRA in Cincinnati

A gold IRA is a tax-efficient option for securing retirement funds in Cincinnati. Consider working with a local or online gold dealer to open an IRA or roll over a traditional one. As a result, you can easily pick a custodian, depository, and IRS-approved gold assets.

An IRA rollover requires a fund transfer that must be completed in 60 days. Otherwise, you’ll face early withdrawal penalties.

When rolling over a traditional IRA into a gold IRA, the following accounts qualify:

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 Cincinnati

Popular gold coins:
American Gold Eagle
American Buffalo
Gold Canada Maple Leaf
English Britannia
Gold Vienna Philharmonic
Australian Kangaroo
Royal Canadian Mint Gold Cougar
Popular gold bars:
Canadian Mint Gold Bars
Sunshine Gold Bars
Perth Gold Bars
PAMP Suisse Gold Bars
Valcambi Gold Bars
Credit Suisse Gold Bars
Argor Heraeus Gold Bars

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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