Gold $2,347.41 0.49%
Silver $28.48 -1.24%
Platinum $1,015.13 -1.61%
Palladium $977.03 -0.15%
McGruff Gold Dealers Virginia Norfolk

Buy Gold Online in Norfolk, Virginia

Gold has been a relatively stable and safe investment opportunity compared to other asset classes. This is because its price has been growing steadily over several decades as opposed to the U.S. Dollar and major stocks.

If you live in Norfolk, you can invest in gold either by going to a physical gold shop or ordering products online from anywhere in the U.S. This guide will help you learn about how to buy gold online in Norfolk and the availability of products and gold sellers.

Types of Precious Metals Investments

There are three main ways you can invest in gold in Norfolk:

Buy Gold Coins

Gold coins are round items that weigh between a few grams and a few ounces and contain about 99.9% gold. They are issued by official mints of different countries and come with a certificate of authenticity. The gold coin price is usually determined by size and gold content. However, some older coins from the 19th century may be priced higher than their face value. This is because they are in demand for their historical and aesthetic value.

Buy Gold Bars

If you think of buying gold bars, you should know that they are cast or mint items that come in different forms and shapes. They mostly contain 99.9% gold and weigh between one gram and 400 ounces. Unlike gold coins, gold bars are solely based on their gold content and weight as they don’t have an aesthetic value. All gold bars come with their purity, weight, and manufacturer’s name inscribed on them, as well as a certificate of authenticity.

Open a Gold IRA

A gold IRA is a retirement account that lets you build your wealth in the form of gold products. It is a retirement account that functions similarly to a traditional IRA.

Invest in a Gold IRA in Norfolk

A gold IRA allows you to hold precious metal products instead of paper assets, such as stocks and bonds. Many Norfolk investors turn to gold IRAs for investment opportunities as they offer long-term asset growth and relatively more stability.

Opening a gold IRA is very easy and fast. You can work with a custodian to begin the setup process and administer your account. Similarly, a broker can help you pick gold assets to purchase and hold in your account.

The IRS also allows some pre-established retirement accounts to be rolled over into a gold IRA. The rollover process usually takes 60 days, but if it takes more, you may have to pay early withdrawal penalties.

The list of eligible accounts for rollover includes the following:

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 Norfolk

Popular gold coins:
U.S. American Eagle
U.S. American Buffalo
Australian Kookaburra
Austrian Philharmonic
Canadian Maple Leaf
British Britannia
Mexican Libertad
Chinese Panda
Popular gold bars:
Credit Suisse
PAMP Fortuna
PAMP Lunar
Valcambi CombiBar
Perth Gold Mint
Royal Canadian Mint
Sunshine Minting

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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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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