Gold IRA is a tax effective manner of investing in a metal as precious as gold. Such investment safeguards your retirement plan against inflationary havocs. It will make your life as well as the lives of your loved ones peaceful and secured. Making investments in riches like gold and silver is not a prerogative of wealthy people alone. Nowadays anyone can purchase gold if they are financially capable of doing so but if you wish to purchase gold as something that your retirement account comprises of, then you need to have a specific category of IRA or better to say, a Gold IRA that gives you the scope to have gold as your portfolio’s part.