A gold IRA is an investment account that allows you to buy and own gold as part of a diversified portfolio. You can invest in gold bullion coins such as American Eagles, Canadian Maple Leafs or South African Krugerrands. You can also invest in gold ETFs such as the SPDR Physical Gold ETF (NYSE: PHM) or the Market Vectors Gold Miners ETF (NYSE: GDX). What types of gold can you purchase in an IRA? There are a few types of gold that can be included in a gold IRA. Below is a breakdown of each type of gold as well as why each one might be a good investment for your IRA account.

American Eagles

The American gold coin, also known as the American Eagle, is the official gold coin of the United States. These coins are made from .999 pure gold and are legal to own as an investment. The American Eagle is the most common type of gold coin used in a gold IRA. American Eagles are one of the most secure forms of gold investment and are a great choice for a traditional IRA or Roth IRA. American Eagles are considered numismatic coins, which means they have a higher value because they are a limited supply and have a long history of trading.

Canadian Maple Leafs

The Canadian Maple Leaf is a popular gold coin that has been in circulation since 1979. Each coin is made from .9995 pure gold and has a face value of $100. The Canadian Maple Leaf is a great choice for a gold IRA if you want a safe and secure investment that is easy to buy and store.The Canadian Maple Leaf is one of the most popular gold coins in the world and can be purchased at most coin shops or through online dealers. The coin is available in both one-ounce and half-ounce weights, making it easy to buy a small or large amount of coins.

Krugerrand

The Krugerrand is a gold bullion coin that was introduced in 1968 and is named after the South African mining company S. G. Kruger. The Krugerrand was the first gold bullion coin produced by the South African government.The Krugerrand is a great investment for a gold IRA because the coin is produced by the South African government, making it a safe and secure investment. The Canadian-made version of the Krugerrand is one of the most widely traded gold coins in the world.

Spanish Aurum

The Spanish Aurum is a gold bullion coin that has been produced since the 16th century. The Spanish Aurum is one of the most popular gold coins in the world because it is widely traded, making it a great investment for a gold IRA.The Spanish Aurum is a great choice for a gold IRA because it is a very common and highly recognized coin. The Spanish Aurum is also great for an IRA because it has a long history of trading and is a low-risk investment that is easy to buy and store.

Bottom line

A gold IRA is an investment account that allows you to buy and own gold as part of a diversified portfolio. The American Eagle, Canadian Maple Leaf, Krugerrand and Spanish Aurum are all great investments for a gold IRA. The American Eagle is the most common type of gold coin used in a gold IRA. American Eagles are a great choice for a traditional IRA or Roth IRA.