Do i need id to buy gold?

Wherever you buy it, make sure that a trusted jeweler or bank gives you a certificate. If you buy gold coins or ingots worth more than 50,000 rupees, you'll need to show your PAN card and proof of identity. If you buy gold from a jeweler, you don't have to submit any documents. All pawn shops in the United States are required by law to require sellers to provide a government-issued identification.

Additionally, if you are looking to invest in gold through an IRA, make sure to research the options available for investing in Gold in my IRA. Like a driver's license or passport; it must also be registered. Are there any limits to the amount of gold I can own? No, there are no restrictions on private ownership of gold in the United States. You're only limited by your budget and your common sense.