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Can I buy physical gold through Robinhood?

avatarHtoo Myat MinnNov 28, 2021 · 3 years ago3 answers

Is it possible to purchase physical gold through the Robinhood platform?

Can I buy physical gold through Robinhood?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    No, Robinhood does not currently offer the option to buy physical gold. The platform primarily focuses on trading stocks, ETFs, options, and cryptocurrencies. If you're interested in investing in physical gold, you may consider other platforms or services that specialize in precious metals.
  • avatarNov 28, 2021 · 3 years ago
    Unfortunately, Robinhood does not support the purchase of physical gold. However, there are other platforms and services available that allow you to buy and store physical gold. It's important to do your research and choose a reputable provider if you decide to invest in physical gold.
  • avatarNov 28, 2021 · 3 years ago
    While Robinhood doesn't directly offer the ability to buy physical gold, you can still gain exposure to gold through other means on the platform. Robinhood offers a variety of gold-related ETFs (Exchange-Traded Funds) that track the price of gold. These ETFs allow you to invest in gold without physically owning it. If you're specifically looking to buy physical gold, you may need to explore alternative options outside of Robinhood.