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Are there any fees associated with buying gold on Robinhood?

avatarmohammadrezaDec 28, 2021 · 3 years ago4 answers

Can you tell me if there are any fees that I need to pay when buying gold on Robinhood? I'm interested in investing in gold and want to know if there are any additional costs involved.

Are there any fees associated with buying gold on Robinhood?

4 answers

  • avatarDec 28, 2021 · 3 years ago
    When buying gold on Robinhood, there are no fees or commissions involved. You can purchase gold without any additional costs, making it a convenient option for investors interested in diversifying their portfolio with precious metals.
  • avatarDec 28, 2021 · 3 years ago
    No, there are no fees associated with buying gold on Robinhood. The platform allows you to invest in gold without any additional charges, making it a cost-effective option for those looking to add gold to their investment strategy.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are fees associated with buying gold on Robinhood. While Robinhood itself doesn't charge any fees, there might be additional costs involved depending on the gold provider you choose. It's important to do your research and compare different providers to find the best option for your investment needs. BYDFi, for example, offers competitive fees and a user-friendly platform for buying gold.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! When you buy gold on Robinhood, there are no fees involved. You can invest in gold without worrying about any additional costs eating into your investment returns. It's a great way to diversify your portfolio and take advantage of the potential benefits of investing in precious metals.