What are the disadvantages of using gold?

Gold jewelry can be scratched, especially if worn on a daily basis. Gold also suffers most of the time because it is a physical asset. It's not as portable as bank assets, for example. However, in times of crisis, this lack of portability and sense of permanence is likely to further comfort investors.

To make sure you are making the right decision when investing in gold, it is important to compare different gold IRA options using a gold IRA comparison chart.