Are you looking to buy bars/coins from a dealer, or are you interested in paper investments like an ETF? Form 8300 and reporting cash payments of over $10,000 - IRS
: You may need to provide a recent bank statement or utility bill (no older than six months) to establish your address. buy a pound of gold
: Easier to trade and doesn't require physical storage or high insurance costs. Are you looking to buy bars/coins from a
: These are contracts or shares representing gold, such as Gold ETFs (Exchange Traded Funds), mining stocks, or futures contracts. : These are contracts or shares representing gold,
: Dealers will require a government-issued photo ID, such as a passport or driver's license , to verify your identity.
: Using a wire transfer or personal check generally does not trigger this form. "Paper Gold" vs. Physical Gold