Other ways to invest in precious metals Fidelity offers additional opportunities to make an exposure to precious metals. We offer trading in gold, silver, platinum and palladium bars, and coins. When trading precious metals, Fidelity only acts as an intermediary. We do not hold stocks of precious metals, nor does Fidelity buy or sell by taking positions on the market. We send your orders directly to the precious metal investment companies we use, Fidelitrade or ScotiamocattaTM, which buy and sell for us on the precious metals market.
If you’re wondering whether you can invest in gold with Fidelity, the answer is yes. But there are a few things you need to know before you get started. Fidelity offers a wide variety of gold products, including stocks, funds, and ETFs. There are various ways to invest in paper gold products through Fidelity. There are a number of individual stocks that invest in gold and silver mining companies that you can choose from.
These funds can give you exposure to the metals market without having to buy and store physical gold. Additionally, Fidelity offers a retirement account that invests in gold, silver, and other precious metals. While Fidelity doesn’t offer a standalone gold IRA, there are much better companies that you can work with that allow you to hold physical gold in an IRA account. In addition, Fidelity has several commission-free ETFs that allow you to invest in gold and silver cost-effectively.
However, Fidelity charges its gold products the same price as its other products because they are paper or digital financial products, not physical precious metals. Fidelity allows you to invest in gold, silver, and other precious metals in your retirement account, but only in the form of paper investments such as stocks and ETFs. If you read the extremely fine print here, you’ll notice that Fidelity will forward your order to an affiliated company, Fidelitrade, rather than selling you physical precious metals. Yes, if you have a traditional IRA through Fidelity, you can invest in precious metals when you buy paper gold investments, such as stocks.
The experts at Birch Gold Group give you simple, step-by-step instructions on how to convert an existing retirement account into a precious metals IRA. Certain types of gold coins, gold bars, platinum coins, platinum bars, silver coins, silver bars, and palladium bars are among the approved types. The company offers a wide variety of services, including investment products, retirement plans, and more. Fidelity calculates a fixed percentage for each gold trade, which is based on the buy or sell price of the order.
These stocks can give you exposure to the metals market without having to buy physical gold.
