Should you invest in a gold IRA? Here's what to know

Know who’s handling your money

People putting their money into gold IRAs should understand that there are three parties involved in this type of investment: an IRA custodian, a precious metals dealer, and a precious metals storage facility. “In most cases, these three vendors are separate businesses from one another,” Maurer said. “They cooperate to achieve the end goal, but, generally, they are three distinct entities, and they each have fees.”