Historically, people have been investing in precious metals to protect themselves in times of economic hardships. Many investors choose gold as a long-term growth asset as the price of the precious metal has been growing steadily over the past few decades. However, investors also buy silver, platinum, and palladium to diversify their portfolios.
A variety of certified precious metal dealers across the United States sell gold products online. We have created this guide to help you buy gold online in Richmond. Read on to find out more about the available products and gold sellers.
Establishing a gold IRA is a great way to invest in gold today. The Taxpayer Relief Act of 1997 expanded the number of gold coins and bullion that can be held in an IRA. Before that, the only eligible product was the U.S. American Gold Eagle coin.
The setup process is usually very fast and easy. A custodian will help you open a gold IRA account and administer it. Then, with the help of a broker, you can purchase and add gold products to your account.