When it comes to diversifying your retirement portfolio, the Internal Revenue Service (IRS) allows for the inclusion of certain precious metals in Individual Retirement Accounts (IRAs). These metals must meet specific purity standards to ensure the quality and integrity of the investments. Let's explore the options available for precious metals in IRAs: Gold
Gold coins: Your IRA can hold U.S. gold coins, including the American Gold Eagle, American Gold Buffalo, and Canadian Gold Maple Leaf, in various denominations such as one ounce, one-half ounce, one-quarter ounce, or one-tenth ounce. Gold bullion: The IRS permits specific types of gold bullion, including bars and rounds, provided they have a minimum fineness of 99.5% (0.995) and are produced by an accredited refiner or manufacturer. Silver
Silver coins: Your IRA can hold one-ounce silver coins minted by the U.S. Treasury Department, such as the American Silver Eagle. Silver bullion: Certain types of silver bullion, including bars and rounds, are eligible for inclusion in your IRA, as long as they meet the IRS purity requirements. Platinum and Palladium
Platinum coins: Your IRA can hold specific types of platinum coins, including the American Platinum Eagle and the Canadian Platinum Maple Leaf. Platinum and palladium bullion: Both platinum and palladium bullion, in the form of bars and rounds, can be included in your IRA, provided they meet the IRS purity standards. .