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.
The leading Gold IRA companies offer unbiased educational resources, investor information, and responsive customer support. 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. We took into account the reputation, transparency, and quality of the online education and resources they provide from Gold IRA companies. 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.
Gold IRA companies typically have a number of distinctive qualities, but the ones discussed here are characterized by trust, professionalism, transparency, and experience. Some gold IRA companies describe their offerings as diverse because they allow you to hold more than one type of precious metal. Many of these companies allow investors to buy precious metals in addition to gold, which include silver, platinum, and palladium in their IRAs. Gold IRA companies are not investment companies that have a fiduciary obligation to act in your best interest
.
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. 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. Most gold IRA companies buy back gold that they originally sold to you, but repurchases are generally made at the wholesale price, which is often around 30% below the current retail 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.
