Precious Metals
Buying or selling precious metals (not FDIC-insured) may offer protection against economic uncertainty, serve as a potential hedge against inflation, and be a tangible asset. Precious metals have been a store of wealth and considered money for thousands of years. Many investors consider them a powerful way to diversify and preserve wealth.
Preserve Value With Precious Metals
Buying and selling precious metals should be straightforward, flexible and built around you. Our metals put you in control with clear pricing, secure storage options, IRA eligibility and borrowing power through your holdings. Whether buying, storing or borrowing, you get real assets — with real value.
Buy and sell bullion, coins and bars in gold, silver, platinum and palladium with no hidden fees — just real metal access.
Choose secure storage through Brinks or direct delivery to your home. Flexible options, your choice, your control.
Use Traditional, Roth or Checkbook IRAs* to hold precious metals and diversify your retirement assets.
Borrow up to 50% of the value of your gold or silver with competitive rates and interest-only payments.
*Per IRA regulations, precious metals owned in a retirement account must be stored with a licensed custodian. Battle Bank uses Brinks as our storage partner (storage fees apply).
Precious Metals Account Types
Battle Bank offers various ways to buy and hold precious metals with three different types of accounts, depending on your needs and goals.
- Select from a variety of bullion coins from the U.S. and all across the world.
- Choose secure storage through our partnership with Brink’s.
- Ship your coins or bars directly to your account address.
Most Popular
Allocated Metals
Purchase select coins or bars in the metal of your choice (fees may apply).
- No paper — every dollar is backed by real metals holdings.
- Metal is pooled with all unallocated client metal in a secure Brink’s storage facility.
- Convert your pooled metal to an allocated account whenever you choose.
Best Value
Unallocated Metals
This is the most cost-effective way to hold bullion — no premiums and no storage or monthly account fees.
- Borrow up to 50% of your metal’s value with competitive interest rates and a 60-month, interest-only term.
- No prepayment penalties — pay your loan off early or borrow against your metals anytime.
- We partner directly with a variety of allocated metals dealers to keep the experience simple.
Metals Loans
Keep access to your metals and unlock your capital. Borrow against your holdings – without selling a single ounce.
Metals Options
Gold
As a physical asset, gold offers market stability, portfolio diversification and long-term value preservation.
Silver, Platinum and Palladium
Gain access to other metals through non-FDIC insured accounts, with two account types built for different investment needs.
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PRECIOUS METALS BY BATTLE BANK
Precious Metals Account
Take control and gain instant access to your investments with a Self-Directed IRA.
Frequently Asked Questions
What are Battle Bank’s trading hours?
Trades submitted on Mondays through Fridays between 8:00am and 3:00pm CT will be executed in real time. If you submit a trade outside of these hours, on a weekend, or on a holiday, it will be executed on the next business day.
What types of precious metals does Battle Bank offer?
We offer the ability to buy and sell gold, silver, platinum, and palladium in allocated accounts. For a list of coins and bars that are currently available, go to the Allocated Metals page.
Additionally, we offer the ability to buy gold and silver ounces in unallocated accounts that come with no monthly storage or account fees.
Who does Battle use to store precious metals?
Battle Bank partners with Brink's, a top security company with over 150 years of experience in protecting precious metals and valuables. Brink's is a publicly traded company, audited by an independent accounting firm to ensure accurate inventory.
All Battle Bank holdings are fully insured, segregated, and protected against theft, damage, or loss. Brink's focuses on trust and reputation, delivering quality through advanced technology, security, and efficient operations, meeting Battle Bank's high standards.
Why are the benefits of Allocated versus Unallocated Accounts?
Allocated accounts refer to physical metals specifically assigned to you. When you purchase allocated precious metals, you own that metal in your name, separate from Battle Bank’s other holdings. This means you have legal ownership of specific coins or bars, which can be securely stored on your behalf (fees apply) or delivered to your Battle account address (delivery fees apply).
With unallocated accounts, you buy gold or silver without holding physical ownership. Instead, Battle Bank retains possession of the metal on behalf of unallocated metals clients. A key benefit of unallocated accounts is that they have no monthly account or storage fees.
Additionally, unallocated accounts can be converted to allocated accounts with specific coins and bars, which can then be delivered to your Battle account address or securely stored in a pre-certified and insured facility (fabrication and delivery or storage fees apply if converted).
Am I buying physical metal with Unallocated Metals Accounts?
With Battle Bank, you'll own the number of ounces of metal held on behalf of all unallocated accounts. While these metals aren't individually segregated, we ensure dollar-for-dollar physical metal purchases. Every dollar you invest in unallocated metal means we buy and store that exact amount of metal on your behalf.
Are there fees associated with precious metals accounts at Battle Bank?
There are different fees associated with precious metals accounts determined by which account is chosen:
Unallocated Metals
The only fee for unallocated metals accounts is the buy or sell fee that will be .75% on top of the price of the metal. There are no additional storage, delivery or monthly account fees.
Allocated Metals
Allocated accounts allow you to choose bullion coins (e.g. Eagles, Maple Leafs, Krugerrands, etc.) and bars in various weights (e.g. 1 oz, 10 oz, 1 kilo, 100 kilo, etc.).
- Buy/Sell Fee - When you buy or sell precious metals, you will be charged a fee within 1% of the wholesale price of the metal obtained by Battle Bank from our institutional sources.
- Premium Fee - If you are purchasing a specific type of bullion coin, then the total price of the coin would be the cost of the metal itself (in many cases 1 oz) as well as a 'premium' to fabricate or mint the coin. The premium is determined by the dealer that Battle Bank purchases from and can range from .5% to up to 4% on top of the price of the metal.
- Storage Fee - If you request that Battle Bank store your allocated metals, storage fees will apply. Storage fees are charged quarterly in arrears and are calculated on the total value of the metal being stored. Fees per type of metal:
- Gold= 1.5%
- Silver= 2.5%
- Platinum= 1.5%
- Palladium= 2.0%
Keep in mind, metals (e.g., silver) come with higher storage fees due to the density and volume of weight compared to the price (e.g., $50,000 in bullion gold takes up much less space in a secure facility than $50,000 in bullion silver).
- Delivery Fee - You have the option of having your allocated metal delivered to the address on your Battle account. If you choose delivery, the following fee to ship will be applied to your account:
- Gold= 1.0%
- Silver= 1.75%
- Platinum= 1.5%
- Palladium= 1.0%
For information on fees associated with metal lending accounts, go to Metals Loans.
Are my metals accounts FDIC insured?
No. Since metals accounts are not deposit accounts, they are not insured by the FDIC.
Will I receive cost basis information on my precious metals?
While you won’t receive formal cost basis documentation, you will be able to perform your own calculations by using your monthly statements and trading history available within the online banking portal.
Will I receive tax documents at the end of the year when I buy and sell metals? Can I view them online?
Yes. Unless you hold precious metals in a tax deferred account, a 1099-B will be issued and available through your online banking portal.
Clients are not taxed simply because their metal holding appreciates in value. Capital gains tax applies when the metal is sold, and the investor realizes a gain or a loss in terms of fiat dollars.
For questions about tax reporting, please consult a tax advisor.
