Gold should be stored in an area that is protected from high humidity and fluctuating temperatures. A jewelry box with a lock or a safe are both great investments for storing and protecting jewelry and other small gold valuables. Safes are also a popular option for storing metals such as gold. Yes, you can store gold or silver in many hidden places in and around your home.
You can bury it in the backyard. Or stuff it under your mattress. Or put it in a trash box in the basement. Or even hide it in the freezer.
Using a secure and secret home safe is the best recommendation for storing gold at home, and we offer the doors to make it happen. Your precious metals broker or IRA custodian will provide you with a list of gold storage companies they often work with. Before you move your gold home, however, you also need to consider the drawbacks, particularly if you want to easily sell your gold when the price rises. If you come to the conclusion that more than one confidant knows that you own gold or believe you could be a natural target, you might want to keep less gold in the house or at least reconsider your home storage plan.
After the price of gold and other metals rose dramatically in the 2000s, the IRS set out exactly what types of precious metals you can deposit into a self-directed IRA and where you can store them.