Can gold bullion form part of my ISA?

What is an ISA?

Individual Savings Accounts (ISAs) were introduced by the UK Government in April 1999.  The idea behind them was to encourage ordinary individuals to save and invest their money.  They are intended to help the value of your money grow over a period of time or to provide a regular income.

There are two types of ISA –  a cash ISA and a Stocks and Share ISA.  You must be 18 or over to invest in a Stocks and Shares ISA or 16 to invest in a cash ISA.

Put simply, a cash ISA is a tax free savings account and every UK adult can invest up to £5,100 per tax year in one.

A Stocks and Shares ISA would usually be managed for you by a stock broker or fund manager.  They would pick a selection of shares on your behalf  based on their experience and the expected performance of the shares.  Buying shares within an ISA has two tax advantages.  Firstly, any increases in the value of your shares bought within an ISA are not subject to capital gains tax and secondly all tax on bonds can be reclaimed.

Can I have gold exposure in my ISA?

Gold ISA? People often ask 'Can I have Gold in my ISA'. You can invest in gold as part of an ISA but there are limitations. You are not able to buy physical gold, gold bullion, as part of an ISA like gold bars or coins but you can buy shares in a gold mine or invest directly in gold through an ETF (Exchange Traded Fund). You can invest gold into your pension via a SIPP.


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Buying physical gold is not regulated by the Financial Services Authority (FSA). For the benefit of doubt, we are not Financial Advisors or fund managers nor do we give financial advice. The information contained on this website is for "informational purposes" only, and does not replace professional, regulated advice. We encourage you to do your own research before buying gold or silver, and to seek out professional advice from an Independent Financial Adviser (IFA) if you are unsure.