Gold $2,339.57 0.92%
Silver $28.29 -0.42%
Platinum $1,008.40 -3.44%
Palladium $968.96 0.65%
McGruff Gold Dealers Virginia Chesapeake

Buy Gold Online in Chesapeake, Virginia

Residents in Chesapeake find gold investing a great way to diversify their portfolios as it provides long-term stability and acts as a hedge against inflation. If you are also looking to invest in gold bars and coins in Chesapeake, consider browsing a variety of gold investment options from local and online dealers.

Buying gold online is often more convenient than visiting a local dealer, as you can shop from the comfort of your home and have your gold products delivered directly to your depository or home. To learn more about the types of gold investments and gold sellers, keep reading.

Types of Precious Metals Investments

The most popular gold products to choose from in Chesapeake are coins, bars, and IRAs.

Buy Gold Coins

Gold coins are manufactured by government mints such as the U.S. Mint and are accompanied by a certificate of authenticity to prove legitimacy. Gold coins come in different sizes and quantities ranging from one-tenth ounce to one ounce and from 90% to 99.5% purity. Each coin has a unique value depending on its demand, rarity, scarcity, and design. Due to these factors, the gold coin price can often be higher than its face value.

Buy Gold Bars

Investment-quality gold bars must abide by the international purity standard of 99.5%. Like gold coins, they also come in various sizes, varying from one gram to 400 ounces. Larger bars are produced by pouring molten gold into molds, whereas small bars are manufactured by minting rolled gold sheets. When buying gold bars, make sure they are stamped with the manufacturer’s name, weight, and purity.

Open a Gold IRA

A gold IRA is a tax-advantaged retirement savings account that allows individuals to invest in IRS-approved physical coins, bars, and precious metal stocks. A gold IRA functions like a traditional IRA. However, the account is funded using physical gold instead of paper assets.

Invest in a Gold IRA in Chesapeake

Investors must contact a local or online dealer to invest in a gold IRA in Chesapeake. Typically, a company representative will explain how to set up a gold IRA or rollover an existing IRA. They will also help you choose a custodian, IRS-approved products, and a depository.

The following accounts are eligible to rollover into a gold IRA:

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. If not, you may incur penalties for early withdrawal.

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

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
Perth 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.
US Map

Best Gold Dealers Near Me

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American Hartford Gold

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Augusta Precious Metals

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Birch Gold Group

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Goldco

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Buy Gold and Silver From Cities Near Chesapeake, VA

Arlington Chesapeake Norfolk Richmond Virginia Beach

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Advertiser Disclosure: McGruff.com is a for-profit advertising network and professional review site that receives compensation from companies it reviews and for leads it generates and provides to third-parties.

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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