Yes, Fidelity does offer gold IRAs, though the process is less straightforward than with dedicated gold IRA companies.
Fidelity allows clients to purchase physical gold inside a self-directed IRA (SDIRA). The eligible options are limited to IRS-approved coins and bullion, including Gold American Eagle coins (in 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz sizes), Gold American Buffalo coins, and bullion bars meeting IRS purity standards.
The minimum purchase for an IRA is $1,000. Orders must be placed by phone during trading hours and are processed through FideliTrade, an independent Delaware-based precious metals company. Physical gold is stored in a secure, insured depository, with a quarterly storage fee of 0.125% of the total value.
Trade commissions range from 0.99% to 2.9% depending on the amount invested.
One important caveat: Fidelity is not a gold IRA specialist, and their website is not very clear about this offering.
Investors who want a simpler, more guided experience may prefer a company that focuses exclusively on precious metals IRAs.