Trade Gold, Silver, Platinum and Palladium at Fidelity

Fidelity offers investors the opportunity to purchase precious metals1 as part of a diversification strategy.

Historically, precious metals have tended to do well during times of economic uncertainty or inflation, so they may protect long-term purchasing power.2

Buying precious metals from Fidelity

Minimum initial investment $2,500
Order quantity Whole ounces, or whole numbers of coins
Order hours 8:00 a.m.–3:00 p.m. ET (limited due to volatility in the precious metals market)

Gold

Gold American Buffalo

99.99% pure

Face Value Fine Content
$50 USD 1 oz

Gold American Eagle

91.6% pure

Face Value Fine Content
$50 USD 1 oz
$25 USD 0.5 oz
$10 USD 0.25 oz
$5 USD 0.10 oz

Gold Australian Kangaroo
99.99% pure

Face Value Fine Content
$100 AUD 1 oz
$50 AUD 0.5 oz
$25 AUD 0.25 oz
$10 AUD 0.10 oz

Gold Austrian Philharmonic
99.99% pure

Face Value Fine Content
€100 EUR 1 oz
€50 EUR 0.5 oz
€25 EUR 0.25 oz
€10 EUR 0.10 oz

Gold Canadian Maple Leaf
99.99% pure

Face Value Fine Content
$50 CAD 1 oz
$25 CAD 0.5 oz
$10 CAD 0.25 oz
$5 CAD 0.10 oz

Gold South African Krugerrand
91.6% pure

Face Value Fine Content
1 oz 1 oz
0.5 oz 0.5 oz
0.25 oz 0.25 oz
0.10 oz 0.10 oz

Note: Krugerrand denominations are in ounces, not South African Rands (ZAR).

Gold Bullion Bars

99.5%–99.99% pure

Face Value Fine Content
N/A 1 kg
400 oz
100 oz
10 oz
5 oz
1 oz

Note: Bullion is not legal tender.

Silver

Silver American Eagle

99.9% pure

Face Value Fine Content
$1 USD 1 oz

Silver Australian Kookaburra
99.9% pure

Face Value Fine Content
$5 AUD 1 oz

Silver Canadian Maple Leaf
99.99% pure

Face Value Fine Content
$5 CAD 1 oz

Silver Bullion Bars

99.9% pure

Face Value Fine Content
N/A 1000 oz
100 oz
10 oz
1 oz

Note: Bullion is not legal tender.

Platinum and palladium

Platinum American Eagle
99.95% pure

Face Value Fine Content
$100 USD 1 oz
$50 USD 0.5 oz
$25 USD 0.25 oz
$10 USD 0.10 oz

Platinum Canadian Maple Leaf
99.95% pure

Face Value Fine Content
$50 CAD 1 oz
$20 CAD 0.5 oz
$10 CAD 0.25 oz
$5 CAD 0.10 oz

Platinum Bullion Bars

99.95% pure

Face Value Fine Content
N/A 1 oz
10 oz
50 oz

Note: Bullion is not legal tender.

Palladium Canadian Maple Leaf
99.95% pure

Face Value Fine Content
$50 CAD 1 oz

Palladium Bullion Bars

99.95% pure

Face Value Fine Content
N/A 100 oz
10 oz
1 oz

Note: Bullion is not legal tender.

Coins and bars pictured are not actual size. Fine content is measured in Troy ounces. Pictures are reprinted with permission of FideliTrade.

Other ways to invest in precious metals

Fidelity offers additional ways to gain exposure to precious metals. For example, you can purchase mutual funds and exchange-traded funds (ETFs) that invest in the securities of companies involved in the production of gold and/or other precious metals. Although most mutual funds provide indirect exposure, they often provide greater diversity than direct investment in a single commodity.

Note: The precious metals market is extremely volatile,3 and investing directly in physical precious metals may not be appropriate for most investors.

Things to consider

IRAs are subject to federal laws and restrictions governing their investments in precious metals.4 The only precious metals permitted to be purchased in a Fidelity IRA are:

  • Gold American Eagle (1 oz, 1/2 oz, 1/4 oz, and 1/10 oz)
  • Gold American Buffalo (1 oz)
  • Silver American Eagle (1 oz)
  • Platinum American Eagle (1 oz)
  • Bullion Quality Bars

Precious metals are generally not eligible to be held in other retirement accounts at Fidelity.

In the precious metals market, supply and demand play a key role. Some influences that may affect demand for precious metals are:

  • Anticipated or actual inflation
  • Economic or political uncertainty
  • Demand in industrial uses
  • Jewelry production
  • Interest in collecting

Fees5

Gross amount Percent charged on gross amount
Buying $0–$9,999$10,000–$49,999$50,000–$99,999$100,000 2.90%2.50%1.98%0.99%
Selling $0–$49,999$50,000–$249,999$250,000+

 

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1 Comment

  1. Precious metals! Nice article.

    Reply

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