Price Lock
Gold IRA Glossary
The moment a dealer fixes the price of your metals order, protecting it from further market movement. Locks usually happen when you confirm the order by phone or online, sometimes before funds arrive from your custodian. Dealers pair price locks with a market loss policy covering cancellations, so the two terms usually appear together in order paperwork.
This content is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. GoldIRAFinder.com is not a precious metals dealer, IRA custodian, broker-dealer, or investment adviser. Precious metals prices fluctuate and can lose value, and past performance does not guarantee future results. Before making any investment or retirement decision, consult a qualified financial, tax, or legal professional.