Chinese Gold Panda
Gold IRA Glossary
A gold coin issued by the People's Republic of China featuring a panda design that changes most years, struck in .999 fine gold and denominated in yuan. Pandas switched from troy ounce to metric weights in 2016, with the 30 gram coin now the standard size. The purity meets the IRS minimum for IRAs, though custodian acceptance can vary by issue, so it is worth confirming before purchasing one for an account.
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