Fidelity offers investors the opportunity to buy precious metals1 as part of a diversification strategy. Yes, Fidelity users can buy gold, silver, platinum, and palladium directly through the online broker. Birch Gold Group experts will give you simple, step-by-step instructions on how to convert an existing retirement account into a precious metal IRA. These include major gold ETFs such as SPDR Gold Trust (GLD), iShares Gold Trust (IAU) and SPDR Gold MiniShares Trust (GLDM).
In this case, it’s best to focus on gold mining and exploration companies that benefit from extracting gold from the ground and selling it at market prices. The company’s flagship gold investment fund, Fidelity Select Gold Portfolio (FSAGX), allocates approximately 80% of its capital to companies that carry out gold-related activities, with up to 25% of its capital flowing directly into gold and other precious metals.
