IRAs are subject to federal laws and restrictions that govern their investments in precious metals. The only precious metals that can be bought in one. We offer trading in precious metals, bars and coins in gold, silver, platinum and palladium. When trading precious metals, Fidelity acts exclusively as an intermediary. We don’t hold any inventory of precious metals, and neither does Fidelity buy or sell by taking positions in the market.
We send your orders directly to the precious metals investment companies we use, FideliTrade or ScotiaMocatTatTM, who buy and sell for us on the precious metals market. No other Gold IRA company goes to such great lengths to present investment information in an organized and objective way to earn the full trust of its clients. While a Fidelity Gold IRA might look good on paper, you’re actually getting a much lower quality product because of its brand strength. We’ve researched 18 legitimate companies that offer Gold IRA services and reviewed them for the highest consumer ratings from the Business Consumer Alliance (BCA).
Many people today choose to buy gold and deposit it into an IRA to ensure they are properly protected against the uncertainty of inflation. The Gold IRA you open with Fidelity is unlike any other Gold IRA you’ve come across, and that’s not necessarily a good thing. Long-term asset protection is an important goal of almost all gold IRA investors, and a precious metal IRA provides a safe, reliable, and effective means of maintaining long-term asset growth. Advantage Gold has made a name for itself as the best Gold IRA company for first-time buyers with its low minimum investment requirements, convenient customer support, and comprehensive educational platform.
Finally, you don’t have to pay any additional fees to hold your gold stocks in your IRA or buy precious metals. And yet, this is exactly the treatment you can expect from Augusta when you open a physical Gold IRA with them. Many gold IRA companies work with a custodian, and either the custodian or the gold IRA firm may select a custodian. In this review of Fidelity’s gold IRAs, we’ll discuss everything you need to know about the giant financial services company’s precious metal IRA options.
When you talk about Fidelity Gold Funds, you probably think of either The Fidelity Select Gold Portfolio or the Ninety One Global Gold Fund. This is less of a problem if a gold IRA was only part of its entire retirement portfolio as part of a diversification strategy in which gold provides inflation hedge. In general, the custodian does all the paperwork you don’t want to worry about, while the Gold IRA helps you with things like purchases and training. While Fidelity offers exposure to more direct funds, these two primarily invest in gold stocks, usually in the form of gold mining stocks.
