Can You Hold Gold in an IRA?

Yes—an IRA can hold certain gold coins and qualifying bullion under exceptions to the collectibles rules.

The exception is specific

Not every coin or bar qualifies. Publication 590-B identifies certain U.S. coins and certain gold, silver, palladium and platinum bullion as exceptions.

Possession is constrained

Qualifying coins/bullion must meet IRA custody requirements. The fact that an item is gold does not make personal possession compatible with IRA status.