Fidelity does not allow you to hold physical gold in a standard IRA. However, you can gain gold exposure through your Fidelity IRA by investing in gold-related securities.
Your main options are:
Gold ETFs — Funds like SPDR Gold Shares (GLD) or iShares Gold Trust (IAU) track the price of gold and trade like stocks. These are the simplest and most popular approach.
Gold Mutual Funds — Fidelity offers funds such as Fidelity Select Gold Portfolio (FSAGX), which invests in gold mining companies rather than gold directly.
Gold Mining Stocks — You can buy individual shares of companies like Newmont or Barrick Gold through your IRA brokerage account.
To invest, simply log into Fidelity, navigate to your IRA account, and place a trade as you would with any stock or ETF. A self-directed IRA through a separate custodian is required if you want physical gold.