Investing $1 million into a Gold Individual Retirement Account (IRA) can be a smart move for protecting wealth and diversifying your retirement portfolio. Gold has a long history as a hedge against inflation and economic instability. However, before you commit such a large amount, it’s important to understand the gold IRA fees that come with this type of investment.

These costs can affect your long-term returns and, if ignored, may quietly reduce your overall gains. Below is a clear guide on what you need to know before investing $1 million in a Gold IRA, along with the main types of fees you are likely to encounter.