This is especially critical if you’re hoping to store bars in a gold IRA less pure gold, unless it’s a specifically pre-approved gold coin, cannot be held in an IRA. Purity is very important when buying gold: Investment-quality gold bars must be at least 99.5% pure gold. Bullion is typically sold by gram or ounce, and the purity, manufacturer and weight should be stamped on the face of the bar.
Gold bars-more commonly known as bullion-are a popular choice for people looking to buy gold. However, due to difficulties in storing and insuring physical gold, some investors choose to get exposure to gold through indirect methods such as gold futures contracts, exchange-traded funds (ETFs) and stocks tied to the price of gold itself. That is to buy and store it in the form of gold bars, gold coins or jewelry. There’s only one way to buy physical gold.
