IRA-Approved Gold Bars
| Quantity | Check/Wire |
|---|---|
| 1 - 9 | $1,968.09 |
| 10 - 24 | $1,963.09 |
| 25 + | $1,958.09 |
| Quantity | Check/Wire |
|---|---|
| 1 - 9 | $1,978.09 |
| 10 - 24 | $1,973.09 |
| 25 + | $1,968.09 |
| Quantity | Check/Wire |
|---|---|
| 1 - 9 | $1,978.09 |
| 10 - 24 | $1,973.09 |
| 25 + | $1,968.09 |
| Quantity | Check/Wire |
|---|---|
| 1 - 9 | $1,993.09 |
| 10 - 24 | $1,988.09 |
| 25 + | $1,983.09 |
| Quantity | Check/Wire |
|---|---|
| 1 - 9 | $1,973.09 |
| 10 - 24 | $1,968.09 |
| 25 + | $1,963.09 |
IRA-Approved Gold Bars
To include these items in your Precious Metals IRA, you must first contact our IRA Department at (800) 418-0235. For more information, please visit our Precious Metals IRA page.
For products to qualify for a Precious Metals IRA, they must meet minimum fineness requirements as set by the IRS. Gold must be at least .995 fine. APMEX carries a wide selection of IRA-eligible gold bars. Our IRA specialists are available to guide you through our selection of Gold IRA-eligible products.
APMEX recommends discussing the details of your personal investment strategy with your IRA Custodian or financial adviser.
Precious Metals IRAs
A precious metals IRA is a type of individual retirement account (IRA) that allows an investor to hold physical precious metals such as gold, silver, platinum, and palladium as part of their retirement savings. Precious metals IRAs operate in much the same way as traditional IRAs, with the primary difference being that instead of holding stocks, bonds, or other financial instruments, the IRA holds physical precious metals.
There are two types of precious metals IRAs: self-directed and custodian-managed. In a self-directed IRA, the investor is responsible for managing the investments in the account, including purchasing and selling precious metals. In a custodian-managed IRA, the investor works with a custodian or trustee who manages the account on their behalf.
There are several benefits to holding precious metals in an IRA, including:
- Diversification: Including physical precious metals in an IRA can provide diversification to an investor's retirement portfolio, reducing the overall risk of the portfolio.
- Inflation Hedge: Precious metals, particularly gold and silver, are often seen as a hedge against inflation and economic instability, making them a potentially valuable addition to a retirement portfolio.
- Tax Advantages: Precious metals IRAs can provide certain tax advantages, such as tax-deferred or tax-free growth on the value of the precious metals in the account.
- Security: Physical precious metals held in an IRA are often held in a secure, insured storage facility, providing an additional layer of security for an investor's retirement savings.
It's important to note that there are rules and regulations governing the purchase and storage of precious metals in an IRA, so it's important to work with a reputable custodian or trustee who can help ensure that the investments in the account comply with all applicable laws and regulations.
Benefits to Purchasing IRA-Approved Gold Bars
Purchasing IRA-approved gold bars can offer several benefits, including:
- Diversification: Gold is considered a safe haven asset that can provide diversification to an investor's portfolio. Investing in IRA-approved gold bars can help balance out a portfolio that is heavily invested in traditional assets like stocks and bonds.
- Tax Advantages: Gold held in an IRA can provide tax advantages. For example, gains on the sale of gold held in an IRA are tax-deferred until the assets are withdrawn from the account.
- Security: IRA-approved gold bars are usually produced by reputable mints and carry a certain level of purity, weight, and quality assurance. This means that an investor can trust that the gold bars they purchase are genuine and of high quality.
- Accessibility: Purchasing IRA-approved gold bars is relatively easy, as there are many dealers who specialize in selling these types of assets. Additionally, investors can purchase gold bars in small denominations, making it easier to add to their IRA over time.
- Protection: Gold is a tangible asset that can act as a hedge against inflation and economic instability. This means that if the value of paper currency declines, the value of gold and current price of gold may increase, providing a level of protection for an investor's portfolio.
It's important to note that not all gold bars are approved for IRA investment, so it's essential to do your research and work with a reputable dealer who can provide you with the necessary information to make an informed decision.
