Metal name
purity
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What You Can Trade: Precious MetalsFidelity offers investors the opportunity to purchase precious metal bullion1. Why invest in precious metals?Precious metals may be considered as one part of a diversification strategy. Historically, precious metals have tended to do well during economic downturns, so they may provide a hedge against inflation and help maintain long-term purchasing power2. Keep in mind that the precious metals market itself is extremely volatile3, and investing directly in physical precious metals may not be appropriate for most investors. Fidelity offers additional ways to gain exposure to the precious metals markets, for example, through mutual funds and exchange traded funds (ETFs) that invest in the securities of companies involved in 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. Other considerations for investing in precious metalsIRAs are subject to federal laws and restrictions governing their investments in precious metals4. The only precious metals permitted to be purchased in a Fidelity IRA are:
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:
How to trade in precious metalsAll orders must be in whole ounces or whole numbers of coins. Fidelity does not accept orders in dollar amounts or for fractional ounces or coins. Minimum initial investment in precious metals is $2,500. Due to volatility in the precious metals market, orders are accepted only between the hours 8:00 AM ET to 3:00 PM ET. Coins and bars pictured are not actual size. Fine content is measured in Troy ounces. Pictures are reprinted with permission of FideliTrade. Gold American Eagle91.6% Pure
Gold Australian Kangaroo99.99% Pure
Gold Austrian
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| Face Value | Fine Content |
|---|---|
| €100 EUR | 1 oz |
| €50 EUR | 0.5 oz |
| €25 EUR | 0.25 oz |
| €10 EUR | 0.10 oz |
| Face Value | Fine Content |
|---|---|
| $50 CAD | 1 oz |
| $25 CAD | 0.5 oz |
| $10 CAD | 0.25 oz |
| $5 CAD | 0.10 oz |
| 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 |
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Note: Krugerrand denominations are in ounces not South African Rands (ZAR). |
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| Face Value | Fine Content |
|---|---|
| N/A | 1 kg |
| 400 oz | |
| 100 oz | |
| 10 oz | |
| 5 oz | |
| 1 oz | |
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Note: Bullion is not legal tender. |
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1. FideliTrade Incorporated is an independent, Delaware corporation that provides precious metals sales and support services including buying, selling, delivery, safekeeping and custody services to both individuals and companies. It is not affiliated with Fidelity Investments. FideliTrade is not a broker-dealer or an investment advisor and is not registered with the Securities and Exchange Commission or FINRA.
ScotiaMocatta is a division of Bank of Nova Scotia and is not affiliated with Fidelity investments
Orders to buy and sell precious metals by customers of Fidelity Brokerage Services, LLC (FBS) are handled by National Financial Services LLC (NFS), an affiliate of FBS. NFS processes precious metal orders through FideliTrade or ScotiaMocatta, which are not affiliated with either FBS or NFS.
The bullion or coins that are stored for customers at FideliTrade or ScotiaMocatta are insured against theft and disappearance. Fidelity customers' holdings at FideliTrade or ScotiaMocatta are held in a separate account under the Fidelity name. Both FideliTrade and ScotiaMocatta maintain $1 billion in "all risk" insurance coverage at Lloyds of London for bullion held in its high-security vaults, and $300 million in contingent vault coverage. Bullion and coin investments in FBS accounts are not covered by either the SIPC or insurance "in excess of SIPC" coverage of FBS or NFS. For detailed information, please contact a Fidelity representative.
2. Past performance is no guarantee of future performance and diversification cannot ensure a profit or guarantee against a loss.
3. The gold industry can be significantly affected by international monetary and political developments such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries. Fluctuations in the price of gold and precious metals often dramatically affect the profitability of companies in the gold and precious metals sector. Changes in the political or economic climate for the two largest gold producers, South Africa and the former Soviet Union, may have a direct impact on the price of gold worldwide. The value of securities of companies in the gold and precious metals sector is highly dependent on the price of gold and precious metals at any given time.
4. Details of various investment restrictions on IRAs and other retirement accounts may be found in Internal Revenue Code section(s) 408(m) and Publication 590.
The direct purchase of precious metals and other collectibles in an IRA or other retirement plan account can result in a taxable distribution from that account (except as specifically provided under IRS rules).
Before investing in a mutual fund, consider the fund's investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
Contact a Fidelity Precious Metals representative to find out more, obtain pricing information, or to place an order.
Call800–544–6666
8:00 AM – 3:00 PM ET
Fees relating to the purchase of precious metals can be found on page 2 of this document, under the heading "Other Investments."