The 7 Best Gold IRA Companies

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Gold has been gaining traction in recent years. This is because investors use gold IRAs to diversify their volatile markets and inflation portfolios. This strategy works better than traditional assets, such as stocks, bonds, and funds.

However, the investment is only allowed in specific companies. If you are interested in Gold investment, you will need to research the companies that offer IRAs.

An IRA is a retirement savings account that allows people to deposit money into a tax-deferred account. These accounts can save money for the future and are generally backed by stocks, bonds, and mutual funds.

People who invest in an IRA are not required to pay taxes on their earnings until they begin withdrawing funds from their accounts.

The price of Gold is uncertain and can increase or decrease by a large margin over a short period. To protect against this type of market fluctuation, people who want to invest in Gold through an IRA should look for companies that offer gold IRAs. 

Our Top Pick - Unmatched Customer Service  

Goldco

  • Author Verified
  • IRA custodian: Offers gold IRA services.
  • Minimum IRA investment: $25,000 
  • Annual fees: $200
  • 100% FREE IRA Rollover

Goldco's gold IRA services are relatively inexpensive because they do not charge a commission or other fees that you have to pay when you invest through an IRA custodian. They charge a fee of only $50 per account per year. 

This fee is based on the account value, and it is charged annually on January 1st of the following year.  Goldco makes it easy for investors and waives all fees on 401k and IRA rollovers. 

To learn more, please read our full Goldco review.

Real Customer Reviews:

"I was looking to diversify an existing IRA I have. I saw information about GoldCo and gave them a call. I initially spoke with David Brein and he was lowkey and letting me make my decision. 

I waited about a month and talked with Arthur Scharwtz, I decided to move forward with Rollover. I didn't take long to start process and took a few weeks for my broker to send funds.

Arthur was very helpful when it came time to choose my metals. I appreciate his help and was satisfied with results. Thanks again Arthur!"

- Paul of Hayward, CA on Consumer Affairs

"Very easy to work with. Informative and happy to answer my questions. Happy to have invested in precious metals in these really scary financial times!"

- Lesly D on BBB

"I want to say thank you for getting me through the transfer of my IRA. It took longer than expected because what I thought was an inherited IRA ended up being a traditional IRA. 

Between the phone calls with Kenny, David and Karl, we got through it and finally got my IRA converted to metals. It took longer than I wanted but it's done and I'm completely satisfied with the outcome.

I will recommend you to any of my friends that would be interested in converting over to metals IRA. Thank you."

- Darin O'Shea on Trustpilot

"This is the very first time buying precious metals from a company for an IRA account. The people at Goldco made the experience very comfortable and pleasant. 

They were very knowledgeable and made me feel confident in what I was doing. They always and I mean always called me when they said they would and always called me back if I had left a message or had questions.

I did my research and found Goldco to be a very reputable and honest company. There is a reason why they come highly recommended. If you are looking for a precious metals IRA, I would recommend Goldco hands down.

Thanks Goldco!"

- Michael C. on Google

Pros

  • Goldco's gold IRA services are relatively inexpensive because they do not charge a commission or other fees that you have to pay when you invest through an IRA custodian.
  • Goldco has been in business for over 30 years, and they have helped thousands of people to invest in Gold.
  • Goldco's gold IRA services are offered at a flat rate of $50 per account per year. This fee is based on the account value, and it is charged annually on January 1st of the following year.

Cons

  • Minimum investment: $25,000
  • Goldco does not offer a 24/7 customer service line, so you will need to contact them by phone or email during business hours if you have any questions or concerns about your account.

Best for Investor Education

Augusta Precious Metals

  • Author Verified
  • IRA metals: Gold, silver
  • Minimum IRA investment: $50,000 
  • Annual fees: $80 to $230

Augusta Precious Metals has unbeatable quality. They're a source for wholesale precious metals sourced from the most reputable suppliers in the industry. Their prices are also far lower than other sources. With their 30 years of experience in the business and 30-day guarantee, you can rest assured that your purchase will be a high-quality item at a low price.

Another reason to choose Augusta Precious Metals is that they offer free shipping on all orders over $250. This means you won't have to pay anything extra when you order from them. Augusta Precious Metals' customer service is also excellent, with reliable phone support and easy returns if need be.

Augusta Precious Metals does not offer additional services like a buying guide. This is not a con, but it is something to be aware of.  To learn more, please read our full Augusta Precious Metals review.

  • Author Verified

Birch Gold Group

4.0/5

Birch Gold Group is an independent precious metals dealer dealing with Gold, silver, copper, and platinum. They offer a variety of products to their clients, such as coins, bars, rounds, ingots, and numismatic collections.

Birch Gold Group also offers authentication services for collectors and dealers interested in investing in precious metals. They will help you identify the authenticity of your item and value it accordingly, making them an excellent source for rare coins as well as low-priced items you need to buy quickly.

To learn more, please read our full Birch Gold Group review.

Pros
  • The minimum investment is only $10,000
  • They offer fast delivery of their products to anywhere in the world.
  • They are a reputable company with excellent customer service and quality products.
  • Birch Gold Group provides a wide variety of precious metal products, such as bars, rounds, ingots, numismatic collections, and coins.
Cons
  • You need to have a good amount of money to buy any item from them due to the high prices for their precious metal products.
  • The site can be confusing and sometimes hard to navigate through it without having prior knowledge about what you're looking for, so if you don't know anything about precious metals, it might be a little difficult for you to find what you are looking for on this website as well as figure out how much your item is worth (if you're buying from them).
  • Author Verified

Regal Assets

3.5/5

Regal Assets is a company that specializes in precious metals. They have been in the business for over 20 years and are one of the most trusted names for buying Gold and silver bullion. 

Regal Assets is a company that specializes in precious metals. They have been in the business for over 20 years and are one of the most trusted names for buying gold and silver bullion. 

The company offers 24/7 customer service, free shipping, and discreet packaging. They also have a variety of gold and silver coins to choose from.

Their specialty is in buying Gold and silver, but they also offer precious metals, including platinum, palladium, and rhodium. They sell precious metals, bullion coins, bars, and rounds.

Their selection of gold and silver coins is second to none. They have a huge selection of platinum coins as well.

If you'd like to learn more about Regal Assets, please read our in-depth Regal Assets review.

Pros

  • Great customer service and 24/7 live chat available.
  • A large selection of gold and silver bullion coins and bars.
  • Free shipping on all orders over $100.00.
  • Discreet packaging ensures that the customer receives their order in perfect condition. 

Cons

  • You have to pay a $50.00 non-refundable fee to have the Gold shipped to you.
  • Some of the gold and silver coins are a bit overpriced.
  • Author Verified

Patriot Gold Group.

3.0/5

Patriot Gold Group offers five options for investing in precious metals: exchange-traded funds, insurance products, physical coins, bullion coins, and more. With the flexibility of investing in any of these options, you can choose the best way for you to invest.

With Patriot Gold Group's industry-leading customer service and innovative new ways to invest in today's markets, investing in precious metals has never been easier than it is now. Patriot Gold Group offers five options for investing in precious metals: exchange-traded funds, insurance products, physical coins, bullion coins, and more. With the flexibility of investing in any of these options, you can choose the best way for you to invest.

ETFs are passively managed funds that track an index, a commodity, or a basket of commodities. ETFs are traded on the NYSE and other major exchanges in the US and abroad.

ETFs have proven to be safe investments with low risk and high returns.

Insurance products are a way to invest in precious metals without selling your investment. These products hold an equivalent amount of precious metals in their physical form and, at the same time, pay out a monthly or quarterly dividend based on the performance of the underlying investments.

Bullion coins are physical gold and silver coins that a government has minted. The coins are then held by a central bank and traded.  To learn more, please read our in-depth Patriot Gold Group review.

Pros

  • Low minimum investment level.
  • Professionally managed.
  • Insurance products available.
  • Transparent pricing and fees.

Cons

  • High fee structure for some products.
  • Limited product offerings.
  • Author Verified

Noble Gold

3.0/5

Noble Gold is a company that deals with precious metals. They buy, sell and trade gold, silver, platinum, and palladium in addition to selling rare coins. They provide customers with the best rates on their items and expedited order processing.

Noble Gold is a company that deals with precious metals. They buy, sell and trade gold, silver, platinum, and palladium in addition to selling rare coins. They provide customers with the best rates on their items and expedited order processing. Noble Gold also offers a full range of services, from authentication to appraisals. In addition, they provide 24/7 customer service for all your precious metal needs.

Noble Gold offers a wide range of services for customers. These include the following:

Withdrawals of Gold, silver, and platinum for various uses. It also offers the purchase and selling of Gold, silver, and platinum bullion coins and bars in addition to a wide selection of numismatic items.  If you'd like to learn more about Noble Gold, please read our in-depth Noble Gold Review

Pros

  • Highly professional service.
  • Good rates and offers on precious metals.

Cons

  • Some customers claim that they have not received their orders.
Advantage Gold
  • Author Verified

Advantage Gold

2.5/5 

When you have a lot of money that you want to protect, investing in a safe deposit box is not always possible. That's why Advantage Gold was created. It offers a form of investment protection that doesn't require you to store your assets at a bank or other financial institution.

When you have a lot of money that you want to protect, investing in a safe deposit box is not always possible. That's why Advantage Gold was created. It offers a form of investment protection that doesn't require you to store your assets at a bank or other financial institution. With Advantage Gold, your Gold is stored in the company's vaults, and they are responsible for storing and caring for the metal until you sell it. 

One additional benefit of using Advantage Gold is insurance coverage on their precious metals asset. They'll cover up to 10% of the total value of your assets if they are stolen or damaged by fire or other calamities.  If you'd like to learn more about Advantage Gold, please read our in-depth Advantage Gold Review

Pros

  • Immediate access to your precious metals without having to sell your stocks/bonds/tokens
  • You can easily sell your Gold at any time.
  • There's no need to trust a third party. You have direct access to the Gold.
  • You can store it in different places, including your home, a safe deposit box, or secure storage.
  • The company offers insurance coverage on your assets.
  • You can use the funds from selling your Gold for other purposes such as paying off credit cards, paying down debt, or buying other physical assets (e.g., jewelry).

Cons

  • It doesn't offer investment protection for stocks/bonds/tokens held in the company's custody. 
  • It also doesn't protect against loss of value due to inflation or other factors, such as loss of value due to currency devaluation (e.g., hyperinflation).

How To Find the Best Gold IRA Companies?

Many different companies are offering gold IRAs. Finding the right one, you need to take the time to research your options.

The company's reputation should always be your number one concern when shopping for an IRA company.

You should make sure that they have been around long enough to establish their reputation as a credible source of investment advice, and you should also look at what other people have said about them online. Reputable companies will also have testimonials from satisfied customers.

The fees charged by the company should also be taken into consideration when you are shopping for a gold IRA company. You should make sure that they are reasonable, and you should also check to see if they are clearly disclosed. Make sure that you look at what other companies charge to understand better how much you should be paying.

The company's portfolio is also something you will want to take a close look at. You should make sure that they have a good track record, and you should also see if you can find some information about the investments they have made in the past. It is also good to find out what kinds of investments they have made over time.

It would be best to ask around for recommendations from friends and family members who have used gold IRAs before. You should find some solid advice on where to go by talking to people who have already invested in gold IRAs.

Finding a gold IRA company is not always easy, but it can be well worth the effort once you make your decision. If you take your time, you will wind up with a company that will do what is best for your investment needs.

Gold IRA companies come in all shapes and sizes. Some of them are good, and some are not so good. The best gold IRA companies will have the following features:

A Solid Track Record

The best gold IRA companies will have a long track record of success. They will have been around for a long time, and they will have invested their money in different kinds of investments.

A Good Reputation

You should be able to find out about the reputation of the gold IRA company that you are considering using by doing a bit of research on the Internet. You can do this by looking up their website and reading some customer testimonials that they have written for their clients. You can also enquire for recommendations from people you know who have used them before.

Reasonable Prices

Gold IRA companies should offer you a reasonable price for your Gold IRA services. This is a crucial part of the decision-making process because it will not make sense to invest in a company if they charge too much or too little for their services. If they charge too little, it will not make sense to invest in them because you will wind up losing money through fees and commissions that you do not need to pay. If they charge too much, it will not make sense to invest in them.

How much does a Gold IRA cost?

You can expect to pay an annual fee for your Gold IRA, and you may also pay a transaction fee if you buy or sell gold coins. The annual costs are typically around $25, except for those who invest in physical gold bullion bars. For these investors, the annual fee is usually about $50. If you're investing in shares of precious metal mining companies, you may be charged a transaction fee of around $25 per share. The price you pay for your Gold will have no impact on your annual or transaction fees.

Gold Bullion or Gold Coins?

 Gold bullion and gold coins have different properties, but one thing they both share is their value. Gold bullion has a much higher value than gold coins, so it makes sense to invest in both types of Gold. However, due to their different properties, each type of Gold is most useful for a specific purpose. Gold bullion is useful as a store of wealth or investment asset due to its high value and stable purchasing power over time. On the other hand, gold coins can be used for a variety of different purposes, including investing, collecting, and even paying for things.

Where to store your Gold?

 Gold can be stored in a variety of ways. Gold is usually stored as bullion in a secure, fireproof safe. Gold bullion can also be stored in a vault or an allocated storage unit.

 Gold bars are typically stored in private vaults. The Gold must be insured against theft and damage by fire, water, or burglary. You can choose to store your Gold with the Federal Reserve Bank or with a private vault operator.

 A private vault is typically more expensive than storing your Gold with the Federal Reserve Bank. 

 Gold bars can also be stored at home or work if you have an allocated storage unit and adequate security measures in place.

Why Invest in a Gold IRA?

 Gold IRAs have several advantages over traditional IRAs. For one thing, your Gold IRA is not limited by the maximum value of your traditional IRA account. You can invest in Gold more than the maximum value for a traditional IRA and still qualify for a Gold IRA. Also, unlike a traditional IRA, you do not need to take any distributions from your gold IRAs.

Gold IRAs also offer tax advantages over other retirement vehicles. Unlike most other investments, you do not pay taxes on gains realized when you sell your gold or silver bullion or use it to make purchases with money from your Gold IRA account. 

On the other hand, if you choose to convert your Gold IRA into cash at some point in the future, you will be taxed at ordinary income tax rates on any gain that the IRS realizes upon conversion of your precious metals into cash or on withdrawal from the Gold IRA when you are ready to retire with no doubt and no regret.

Risks of Investing in Gold.

 Gold may be the most commonly used metal, but it is not without risks. The primary risk of investing in Gold is that the price can fluctuate wildly and unpredictably. This makes it impossible to predict whether Gold will rise or fall in value over time. The price of gold tends to rise and fall cyclically. For example, during periods of economic uncertainty, investors tend to flock towards Gold as an alternative investment. 

In times like these, the price of Gold tends to skyrocket, and people are willing to pay more for their bullion as they believe it will hold its value better than other investments such as stocks or real estate. Conversely, during periods of economic growth with greater confidence in the economy, investors tend to flock towards stocks or other forms of alternative investments such as bonds and mutual funds rather than precious metals. As a result, the price of Gold tends to decrease during these periods, and investors may be willing to part with their bullion for less.

How Much Can I Invest in a Gold IRA?

 The number of your precious metals holdings that you can invest in a Gold IRA can be unlimited. The IRS does not limit the amount of precious metals you can invest in an IRA. However, there are certain limits on the value of other investments and investments in collectibles such as art or wine that you may hold in your traditional IRA account. If you wish to hold any collectible assets other than gold bullion, silver bullion, or coins, your total investment limit for all IRAs combined must not exceed $100,000 at any time. 

However, if you are younger than age 59 ½ at the end of the year and your total investment in all IRAs is less than $5,000, or if you have reached age 59 ½ but have an annual income less than $180,000 (as shown on page 1 of Form 1040), then your total investment limit is $1 million combined at any time.

Conclusion.

If you are not yet ready for retirement, investing in gold bullion is the best way to start an IRA account. You will be able to invest as little as $100 and build up your investment over time until you are ready for retirement.