Augusta Precious Metals – Best Overall Orion Metal Exchange – Best for Low Fees Birch Gold Group – Best fee transparency Augusta Precious Metals offers a wide range of customer information on its website. Ironically, one of the attributes that put this company at the top of our selection is their video blog series with reasons why you shouldn’t own gold. Many gold IRA companies use scaremongering or exploit investors’ fears of a (highly unlikely) collapse of the entire financial system and a complete collapse of the USA. Five companies made it onto the list of the most reliable and best
overall investor satisfaction.
They are Lear Capital, Goldco, Orion Metal Exchange, and Patriot Gold Group. Oxford Gold Group is also a remarkable company to keep on your radar. Here’s what we did to get to our best IRA Gold options. Noble Gold is on this list as one of the best gold IRA companies for retail investors because it requires only a small minimum investment and provides extensive
educational resources.
Gold IRA companies differ in that some allow you to choose between multiple custodian firms and depositories, while others require that you hire a custodian and depositary of your choice. We took into account the reputation, transparency, and quality of the online education and resources they provide from Gold IRA companies. Many gold IRA companies use scaremongering or exploit investors’ fears of a (highly unlikely) collapse of the entire financial system and a complete collapse of the USA. We’ve reviewed the websites of Gold IRA companies along with consumer protection organizations such as Better Business Bureau and Business Consumer Alliance, as well as consumer review websites
such as TrustPilot.
Some gold IRA companies describe their offerings as diverse because they allow you to hold more than one type of precious metal. We’ve researched 18 reputable companies that offer Gold IRA services and searched them for the highest consumer ratings from the Business Consumer Alliance (BCA). Most gold IRA companies will buy back gold or other precious metals that they’ve sold you, but buybacks are generally carried out at a wholesale price, which is around a third cheaper than the selling price. Gold IRA companies are essentially brokers that sell IRS-approved coins and bars of gold and other precious metals so
you can invest a gold IRA.
We’ve reviewed more than a dozen IRA Gold companies and highlighted the best options for investors with diverse needs and financial sophistication. Many gold IRA companies work with a custodian, and either the custodian or the gold IRA firm could select a custodian. A gold IRA is characterized by the fact that the account holder owns the actual precious metals, as opposed to stocks or fund shares of mining companies. Many of these companies allow investors to buy precious metals in addition to gold, which include silver, platinum, and palladium in
their IRAs.
If you’ve decided that a Gold IRA is right for you, you can contact your retirement plan administrator to initiate the rollover, or have the Gold IRA company carry out a direct rollover between the two companies.