Does Fidelity Offer a Gold IRA?
Yes, in a limited way. Fidelity lets you buy certain physical precious metals inside a Fidelity IRA, acting as agent through outside dealers (FideliTrade or ScotiaMocatta) rather than selling from its own inventory. The IRA list is short: American Gold Eagles, Gold Buffalos, Silver Eagles, Platinum Eagles, and bullion-quality bars. Fidelity says precious metals are generally not allowed in its other retirement accounts, and not in a Keogh.
| IRA-eligible products | Gold American Eagle (1, ½, ¼, 1/10 oz), Gold Buffalo (1 oz), Silver Eagle (1 oz), Platinum Eagle (1 oz), bullion-quality bars |
|---|---|
| IRA minimum order | $1,000 |
| How to order | By phone only, 8 a.m. to 3 p.m. ET |
| Buy commission | 2.90% under $10,000, falling to 0.99% at $100,000+; $44 minimum |
| Sell commission | 2.00%, falling to 0.75% |
| Storage | FideliTrade; 0.125% of value per quarter (0.5% a year), $3.75 minimum per quarter |
| SIPC coverage | Not covered |
Source: Fidelity precious metals pages. Confirm current terms with Fidelity.
Fidelity Gold IRA Costs
Fidelity's commission is competitive on large orders, but its storage fee is a percentage of value. That grows as your balance grows, while many gold IRA companies charge a flat yearly fee.
Fidelity Storage at 0.5% a Year vs a Flat Fee
Fidelity's storage only; excludes commissions. Noble Gold's published $275 yearly fee covers custodian and segregated storage.
| Purchase Size | Fidelity Buy Commission | Commission in Dollars |
|---|---|---|
| $5,000 | 2.90% | $145 |
| $100,000 | 0.99% | $990 |
At gold IRA companies, the equivalent cost sits inside the spread, which is why you should always ask for a written quote. See gold IRA fees.
Fidelity Gold IRA Pros and Cons
Pros
- Use the IRA you may already have
- Low $1,000 IRA minimum order
- Commission falls on large orders
- Gold ETFs and funds also available in the same IRA
Cons
- Short list of IRA-eligible products
- Phone orders only, limited hours
- Storage cost rises with your balance
- No metals-specific rollover guidance
- Not available in Fidelity 401(k)s
Gold ETFs and Funds at Fidelity
Most Fidelity customers get gold exposure through gold ETFs or funds such as Fidelity Select Gold Portfolio (FSAGX), which invests in gold-related companies. These are easy to trade and cheap to hold, but you own shares, not coins or bars. See gold IRA vs physical gold vs ETFs.
Fidelity vs a Gold IRA Company
| Fidelity IRA | Augusta Precious Metals | Noble Gold | |
|---|---|---|---|
| Minimum | $1,000 order | $50,000 typical | $20,000 reported |
| Product range | Eagles, Buffalos, bars | Wide gold and silver range | Gold, silver, platinum, palladium |
| Storage cost | 0.5% of value a year | ~$225/yr reported; zero fees up to 10 years (qualifying) | $275/yr flat incl. segregated |
| Rollover help | General | Most paperwork handled with you | Specialist; online form |
| Ordering | Phone, limited hours | Educator-led | Account rep |
Moving a Fidelity IRA Into a Gold IRA
- Open a self-directed IRA through a gold IRA company.
- Request a direct trustee-to-trustee transfer from Fidelity.
- Fidelity sells the investments you're moving and sends the cash.
- Approve a written metals quote; metals ship to the depository.
Your Fidelity 401(k) can move too once you're eligible for a rollover. See 401(k) to gold IRA rollover and IRA to gold IRA transfer.
Frequently Asked Questions
Can I Buy Physical Gold in My Fidelity IRA?
Yes, a limited list: American Gold Eagles, Gold Buffalos, Silver Eagles, Platinum Eagles, and bullion-quality bars, with a $1,000 IRA minimum order.
Does Fidelity Allow Gold in a Roth IRA?
Fidelity's IRA rules for metals don't distinguish traditional from Roth; confirm with Fidelity for your account.
Can I Hold Gold in a Fidelity 401(k)?
Fidelity says metals are generally not allowed in retirement accounts other than IRAs. See gold in a 401(k).
Where Does Fidelity Store IRA Gold?
With FideliTrade, an unaffiliated depository, for 0.125% of value per quarter.
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