Is gold IRA a good investment? Well, the term gold IRA may not be familiar to people. IRA itself stands for Individual Retirement Account. This way, the gold IRA refers to a kind of gold to invest for the future, particularly if you have retired. Many finance and investment experts don’t suggest people keep Retirement funds in the form of money, whether it is cash or cashless. You should know that there is inflation almost every year. This way, if you have a million dollars for the investment, the value may only be similar to 100 thousand dollars today.