Fidelity Gold IRAs: Buying Gold Through Fidelity
Fidelity offers a trusted platform for investing in precious metals through a Gold IRA. With a variety of bullion options, competitive fees, and a low minimum investment, Fidelity is a potential option for investment in precious metals.
Focus on the User covers Fidelity's offers for Gold IRAs, fees, and how you can add gold and other metals to your retirement portfolio.
- Fidelity provides access to gold, silver, platinum, and palladium in coins and bullion bars, including popular coins like the Gold American Eagle.
- The company offers transparent fees online, with buying fees ranging from 0.99%–2.90% and selling fees from 0.75%–2.00%.
- Fidelity has a a minimum investment of $2,500, making it more easily accessible for investors.
Who is Fidelity?
Fidelity Investments is one of the largest and most reputable financial services companies in the world, known for providing a wide range of investment products and services. Founded in 1946, Fidelity offers retirement accounts, wealth management, brokerage services, and more.
Can You Buy Gold With Fidelity?
Yes, Fidelity allows investors to buy gold and other precious metals as part of their investment portfolios. Through Fidelity’s Precious Metals IRAs, you can purchase physical gold in the form of bullion coins and bars. Eligible gold bullion includes Gold American Eagles, Gold American Buffalos, and high-quality bullion bars, which Fidelity will help you select.
Fidelity offers a minimum investment requirement of $2,500, and you can place orders in whole ounces or whole numbers of coins. Fees for buying range from 0.99% to 2.90% of the gross purchase amount, while selling fees range from 0.75% to 2.00%. This makes Fidelity a convenient and transparent option for adding gold to your retirement savings or investment strategy.
Precious Metals Allowed in Fidelity IRA
Fidelity offers only certain precious metals in their Gold IRA, including the following:
- Gold Coins: Gold American Eagles (1 oz, 1/2 oz, 1/4 oz, and 1/10 oz) and Gold American Buffalos (1 oz).
- Silver Coins: Silver American Eagles (1 oz).
- Platinum Coins: Platinum American Eagles (1 oz).
- Bullion Bars: High-quality gold, silver, platinum, and palladium bars.
No need to worry researching if these options are compliant as all meet IRS requirements for inclusion in a Gold IRA. With a minimum investment of $2,500, Fidelity is a potential option for smaller investments in precious metals.
Fidelity Gold Fees
Fidelity's fee structure for buying and selling precious metals is competitive.
Here's a summary of their cost structure:
- Buying Fees: Range from 0.99% to 2.90% of the gross purchase amount, depending on the total value of the transaction.
- Selling Fees: Range from 0.75% to 2.00% of the gross sale amount.
These fees cover the costs associated with acquiring and liquidating gold, silver, platinum, and palladium through Fidelity. Just like any other company, these fees in Gold IRAs can vary, so make sure to compare.
Focus on the User's Alternative Gold IRA Solutions
While Fidelity is an option Gold IRAs, Focus on the User has listed the top-reviewed Gold IRA companies so you can easily compare these to find one that fits your specific investment strategy.
Wait! Don't Invest In a Gold IRA Just Yet..
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