Top 10 Reasons Why Gold IRAs Are the Best Choice to Beat Recession Gold IRA (Individual Retirement Account) is a retirement savings plan. It is a retirement portfolio that allows investors to invest in gold and precious metals. Gold IRAs are like conventional IRAs. Apart from tax advantages for retirement savings, you can also avail a broad range of investment options. Instead of investing only in stocks, bonds, or mutual funds, a Gold IRA will enable investors to hold gold, platinum, silver, and palladium. It is stored in the form of coins, bars, and bullion. Gold IRAs are primarily self-directed. It means the investor has more control over the investments in the account. The account holder can hold a combination of traditional assets like stocks, bonds, and precious metals. You can establish a Gold IRA by opening an account with a custodian or trustee. Ensure that the IRS approves of the trustee to hold precious metals. You will then fund the account and directs the c