Can You Hold Gold in Your IRA?

Fast Facts

• Yes, you can hold gold in an IRA—but only through a self-directed IRA.

• The IRS allows specific types of gold coins and bars that meet purity standards.

• All IRA gold must be stored in an approved, insured depository—not at home.

What Kind of IRA Allows Gold?

Self-Directed IRA (SDIRA)

Traditional and Roth IRAs don't allow you to choose physical assets like gold. But a Self-Directed IRA gives you full control over alternative investments—including precious metals.

To hold gold in your IRA, you must open a Self-Directed IRA with a custodian that offers precious metals as an asset class.

What Types of Gold Can You Hold?

IRS-Approved Bullion

Only certain gold coins and bars qualify. They must be at least 99.5% pure. Common options include:

• American Gold Eagle coins

• Canadian Gold Maple Leaf coins

• Gold bars from accredited refiners (like PAMP Suisse or Credit Suisse)

No Collectibles Allowed

Rare coins, jewelry, and collectible items are prohibited. The IRS strictly limits what qualifies to avoid abuse of tax-advantaged accounts.

Storage Requirements

No Home Storage

You cannot store IRA gold in your home or personal safe. Doing so is considered a distribution and will trigger taxes and penalties.

Approved Depository

Your gold must be held in a secure, IRS-approved, insured facility. Your custodian handles the storage arrangement with a qualified vault.

Tax Benefits Remain Intact

Traditional Gold IRA

Contributions may be tax-deductible, and growth is tax-deferred. You pay taxes when you take distributions.

Roth Gold IRA

You contribute after-tax dollars, but qualified withdrawals are tax-free—including any gains on the gold.

Key Steps to Holding Gold in Your IRA

1. Choose a Custodian: Pick one that specializes in precious metals IRAs.

2. Open a Self-Directed IRA: Set up your account and complete necessary paperwork.

3. Fund Your Account: Use a rollover, transfer, or contribution.

4. Select and Purchase IRS-Approved Gold: Work with a reputable dealer.

5. Arrange Secure Storage: Your custodian will coordinate with an approved depository.

Final Word

Yes, you can hold gold in your IRA—but it’s not as simple as stashing coins in your sock drawer. With the right structure, provider, and storage setup, gold becomes a powerful asset inside your retirement account.

In a world of devaluing dollars and shaky markets, physical gold in a Self-Directed IRA isn’t just allowed—it’s smart. It gives you tangible control over your financial future while staying fully within IRS rules.