With a Gold IRA, you hold IRS-authorised gold in guard garage
https://temperance.blob.core.windows.net/financialplanning/goldirainvestment/uncategorized/from-401k-to-gold-a-clear-demonstrable-path-through-todays-options.html
With a Gold IRA, you hang IRS-accepted gold in nontoxic garage, and the custodian manages compliance and account reporting for you.