Palladium in my Gold IRA? Worth it or nah?

Matthew Murphy

Back to forum

🥇 Gold IRA

Palladium in my Gold IRA? Worth it or nah?

matthew_murphy👑Elite (1m-5m)

about 2 hours ago

Key Takeaways

•Okay, so I've been eyeing palladium lately, and not just because it's silver-white and shiny.
•I’m sitting on about $2.8M in PMs split pretty evenly, and the thought of adding palladium has been buzzing in my head.
•I know it's had its runs, especially with the auto industry, and Ukraine situation really sent it soaring.

See what your 401(k) could look like in gold

Okay, so I've been eyeing palladium lately, and not just because it's silver-white and shiny. My Gold IRA has been pretty much all gold and silver since I cashed out my tech venture a few years back – it was a solid exit, put me in a really comfortable position, but I'm always looking at how to diversify further within the precious metals space. I’m sitting on about $2.8M in PMs split pretty evenly, and the thought of adding palladium has been buzzing in my head.

I know it's had its runs, especially with the auto industry, and Ukraine situation really sent it soaring. But then it dropped significantly, and that volatility is what's making me pause. I’m based in Dublin, OH, and honestly, most of my network here is still heavily into real estate or traditional stocks, so getting good, unbiased opinions on precious metals beyond gold/silver is tough. My main concern is that it doesn't have the same historical safe-haven status as gold or silver, or the jewelry demand that helps cushion those dips. Is it just too industrial for a significant allocation in a retirement account?

For those of you who’ve actually pulled the trigger and added palladium to your self-directed IRA, what’s your take? Did you regret it? Has it paid off? I'm not looking to dump 20% of my portfolio into it, but maybe a 3-5% allocation intrigues me for the diversification play. What are the key things I should be watching for? Any specific types of palladium assets (coins, bars, ETFs for tracking purposes if not direct ownership) you prefer? Just trying to get a feel for the real-world experiences here.

4 comments

Rolling over to gold takes 3 steps — here's how

See the exact process thousands of investors used to move their 401(k) into physical gold.

Under $100k? Compare options →

29 people viewed this today3 members requested a free kit this week5 investors bookmarked this

Best Answer▲ 6 upvotes

frank_rivera💎Premium (500k-1m)

Interesting thought! You mentioned your Gold IRA has been "pretty much all gold and silver." Are you looking to diversify the precious metals within the IRA, or is the appeal of palladium more about its industrial demand/potential for growth compared to gold/silver?

Comments (4)

susan_clark💰Established (100-250k)Real Investor•less than a minute ago

Haha, "worth it or nah" is basically my internal monologue every time I look at my portfolio! I actually had a similar thought about palladium a few months back. Ended up dipping my toe in, mostly because it seemed like a solid diversification play and I liked the industrial demand angle. So far, so good, but it's definitely a different beast than gold or silver. Interested to see what others say!

frank_rivera💎Premium (500k-1m)Real Investor•less than a minute ago

donald_nelson💎Premium (500k-1m)Real Investor✓ Verified•less than a minute ago

Honestly, with the way palladium's been performing historically compared to gold and silver, I'm not sure it's the *diversification* play people sometimes think it is. It's got industrial demand, sure, but the price can be a wild ride. Are you looking for more volatility or just something "different"? Sometimes different isn't better for long-term stability in an IRA.

timothy_reed💎Premium (500k-1m)Real Investor•less than a minute ago

Hey, that's a good question! Diversifying within your precious metals IRA makes a lot of sense, especially with palladium's industrial demand. Just a heads-up though, finding an IRA custodian that handles palladium can sometimes be a bit trickier than with gold or silver, as not all of them offer it. You'll want to confirm that upfront.

Also, make sure any palladium you consider is IRA-approved (minimum .9995 purity). The U.S. Mint's American Palladium Eagle is a popular choice for IRAs, if you're looking for an example of what qualifies. Good luck!

Ready to protect your retirement with gold?

Get a free Gold IRA guide from a top-rated company — no commitment required.

Under $100k? Compare options →