Best Gold Investment Companies

Best Gold Investment Companies

Best Gold Investment Companies

Do you want to protect your retirement savings from inflation? Does the volatility of the stock market make you nervous? Gold and other precious metals are a way to invest without depending on volatile markets like real estate and stocks.

There are a number of ways to invest in gold. Some people choose to hold some of their assets in precious metals rather than liquid cash. Others open a self-directed IRA and purchase precious metals for their retirement account.

IRA precious metals must comply with IRS regulations. They are also subject to the same tax deferrals as normal retirement contributions.

We've taken a look at some of the top options for gold investment. These are our main recommendations.

Best Gold Investment Companies

#1. Goldco

Goldco

Goldco is our top recommendation for gold investment because of their attention to detail, broad range of products, and excellent customer service.

The company specializes in helping people open gold IRA accounts by rolling over their retirement savings. If you have a 403(b), 401(k), or current IRA, you can use those funds to make a qualified purchase of gold and silver.

Goldco is privately owned and specializes in protecting the assets and wealth of clients. The Business Consumer Alliance has given them an AAA rating, while the Better Business Bureau has given them an A+ rating. These top marks are because of consistent excellence in the field.

If you want to invest outside of a retirement account, you can also do that. The company sells bullion and coins to both collectors and investors.

Throughout the process, you will work with experienced IRA investors. They will explain the benefits and risks of each potential purchase. In addition, they will take care of most of the paperwork and streamline the entire process. It doesn't have to be overwhelming to open a gold IRA.

Goldco

Benefits of Gold IRA Accounts

There are several benefits to opening a gold IRA.

One is that you have tax advantages. Retirement accounts are subject to several tax advantages that other investments don't have. You can gain wealth as the value of your precious metals increases with inflation, but you don't have to pay any taxes until you start collecting payments.

If you use a rollover to fund your account, you'll get the same tax benefits that you do with your current retirement savings. But you'll also own the physical assets of gold bars.

Rolling over your existing retirement funds is also easy to do. There won't be any tax consequences or penalties for early withdrawal. Some of this will depend on if the accounts you have allow rollovers. However, most account types and investors can support rollovers.

The rollover process tends to be quick and painless. You'll just follow these steps:

  • Sell your existing retirement assets
  • Move the liquid funds into a self-directed IRA
  • Buy gold and other precious metals using these funds

Goldco employs financial experts who have helped thousands of people invest using their retirement assets. If you have any questions about rollovers or risks, they can answer them. The company exists to guide you through the rollover and funding process.

Another benefit of gold is that it is one of the most stable investments a person can make. The world's gold supply doesn't tend to fluctuate very much. That means that gold doesn't go through the same devaluation due to inflation that physical currency does.

By contrast, physical currency depreciates with time. If you saved a dollar for retirement in 1973, that dollar will be worth just a fraction of what it was today. But if that dollar was invested into gold, the value of the gold would increase as the dollar inflated.

Many investors choose to invest in gold because of wealth appreciation. The precious metals industry has historically performed well for investors. It is also more steady than the stock market, which has gone through several crashes in the past few decades.

Gold is a popular choice of investment for investors who want to diversify their portfolios. Many multi-millionaires choose to hold about ten percent of their wealth in gold and other precious metals. This investment makes for a more stable overall portfolio with further room for growth.

Goldco

Benefits of Silver IRA Accounts

Goldco also offers silver IRAs. These have the same tax advantages and rollover potential as gold IRAs. But silver has more potential for growth.

This is because the world's silver supply is limited, but the demand for it is ever-growing. Silver is necessary for the manufacture of many electronics, including smartphones and televisions. The more the demand for silver grows, the higher the value will be.

When you invest in a silver IRA, the precious metals are secured by a custodian. You must have your assets stored in an IRS-approved facility. The custodian will continue to protect your assets during turbulent economic times, and you will also have insurance on your account.

Some people prefer to invest in silver because of how transparent the price is. All you need to do is look up the cost of silver to get a real-time update on the value of your holdings. There's no need to analyze complicated charts and governmental filings like with stock market holdings.

Company Resources

Goldco creates and distributes a variety of resources to help you with your retirement planning. They have multiple eBooks and videos about both the precious metals industry and retirement planning. They also discuss different financial aspects of the market that you should be aware of.

You can also read FAQs from the company to learn about their process. They have published articles about the benefits and drawbacks of different types of retirement accounts.

Birch Gold Group

Birch Gold Group is another one of the best options for people seeking gold investment. They have excellent reviews and a strong track record in the industry. Their services come highly recommended for younger investors and retirees who want to protect their savings.

In times of economic uncertainty, people tend to look to precious metals. Gold and silver are rare items that don't go through a lot of inflation. Birch Gold offers a combination of retirement planning, storage, and brokerage services for those who want to secure their assets with precious metals.

The company was founded in 2003, with headquarters in California. Today, the team is made up of former Wall Street executives and financial advisors. Their goal is to help investors with their retirement planning and to educate people about alternative investment options.

The company's track record includes a strong reputation with gold investors. When you invest in precious metals, it's important to work with a trustworthy company to avoid scams and potential fraud. Birch Gold offers protection against these things for those who want to securely manage their wealth.

Birch Gold Group

Products Available

You can purchase precious metals including palladium, platinum, silver, and gold. The brokerage offers these items in a variety of different weights. Gold is best-known as an investment for precious metals, but you can also diversify your portfolio with platinum since it is rarer.

You can discuss the benefits and drawbacks of each potential purchase with Birch. They allow you to make the final decisions regarding what you want, so you have total control over your investments.

Costs and Fees

Part of the cost of investing with a service like Birch Gold is paying for the convenience. Since you're opening an account and making use of the company's financial expertise, you will need to pay a 50 dollar fee for setup. It's also necessary to pay 30 dollars for a wire transfer.

You will need to pay 100 dollars annually to cover your storage costs. This also includes an insurance policy on the contents of your storage locker. You'll pay an annual fee of 80 dollars for ongoing custodial management.

If you make a purchase of more than 50,000 dollars, Birch will cover the first year of fees for your account. After that, you'll be responsible for them. A minimum of 10,000 dollars is necessary to make your first investment.

Since management doesn't require a percentage of your assets, you'll never need to worry about paying more than 180 dollars per year for your account management.

Storage

When you invest in a precious metals IRA, you must have your assets stored in an IRS-approved depository. Birch Gold works with two companies to provide storage. You can choose between Brinks Global Services or the Delaware Depository.

Both of these institutions meet IRS approval for IRA accounts. They have secure vaults in a variety of places throughout the countries. Your assets will be fully insured when they ship from the brokerage to the vault, and they will be further insured against theft and damage when they are stored.

Brinks performs regular audits of their holdings to make sure that every account is compliant with US law. Since both depository companies work independently of Birch Gold, you can be sure that a third party has verified that your purchase is legitimate.

Birch Gold Group

Customer Service

Customer service is one of the most important aspects of investing in gold. You want to make sure that you're buying from a company that will make you a priority. Fortunately, Birch Gold has some of the best customer service in the industry.

The BBB gives the company an A+ rating, and consumers have indicated that they are highly satisfied. Many consumer watchdogs have given the company top marks and stated that it has strong business ethics.

When you invest with this company, you can talk to the financial experts about which investments are right for you. They will make recommendations based on your risk tolerance and goals. They will also explain everything you need to know about making future purchases for yourself.

Educational Resources

Birch Gold has created and distributed many educational resources about the economy. They teach people about how different aspects of investment work, including what types of investments are best for different goals.

There are many free educational resources available through their website. These include video seminars and downloadable eBooks.

The company also supports local businesses and communities. They do some work for charity, including donating to pandemic relief funds and other healthcare needs.

Augusta Precious Metals

Augusta Precious Metals is a family-owned dealer in precious metals that specializes in gold IRAs. They have been in the precious metals business for almost half a century. The company aims to work with customers to help them build and secure their wealth over time.

In addition to opening gold and silver IRAs with the company, you can also use their services to purchase silver and gold as a regular investment. They have some of the top customer service on the market and excellent ratings from consumer watchdogs.

The company asks that investors make an initial purchase of at least 50,000 dollars. This might be done using your existing retirement savings. After you set up your account, you will receive a lifetime of customer support. This includes updates on your portfolio and the value of your assets.

Augusta Precious Metals

Opening Your Account

Augusta streamlines the process of opening your precious metals IRA. Every client is given a dedicated service representative who takes you through each step of the process. You will receive suggestions for what to buy with your funds based around your long-term and short-term goals.

The first step is to open your IRA. Augusta handles the majority of the paperwork for you, so you never need to communicate with the IRS or your chosen custodian directly. They also recommend that you choose Goldstar Trust, Kingdom Trust, or Equity Trust to work as your custodian.

The next step is to fund your account using either a transfer from your bank savings or a rollover from your existing retirement account. Again, Augusta will walk you through the entire process.

After you have funded the account, you'll purchase your precious metals. They will be stored in an IRS-approved facility with a full insurance policy.

The company offers multiple different weights of gold and silver bars and bullion. In addition, if you're investing outside of a retirement account, you can purchase collector's coins and commemorative coins.

Company Policies

For purchases of non-bullion premium metals, the company offers a seven day price match guarantee. This means that if the price falls in the week after you buy your metals, you can pay the lower price without any questions asked. If you do buy bullion, the price locks once Augusta receives the payment.

It's possible to get discounts if you buy a substantial quantity of bullion. Discounts vary depending on the purchase and the time of year.

When you open your gold IRA or make a collector's purchase, you can get up to 2,000 dollars worth of silver as a bonus. This will be shipped to you or to your secure facility of choice. It is not part of your retirement assets.

Augusta Precious Metals

Storage Locations

Augusta offers more storage locations than the majority of precious metals dealers. You can choose between seven different facilities, which are positioned in different regions of the US and Canada. If you want your gold to be stored in a depository on a different continent, though, you're better off using a different dealer.

Each of the storage facilities has been IRS-approved to store physical IRA assets. After you make your final precious metals purchase, it will be shipped from the brokerage and arrive at the depository within ten days. You will be able to visit the depository to access your metals if you so choose.

The vaults are held in fortified buildings with strict controls over who can access them. Your metals will have an insurance policy of up to 1 billion dollars, so you have a level of protection against damage or theft.

You will be able to work directly with your custodian and the facility managers. If you don't want that extra complication, though, Augusta can also handle all of the communication for you. Though Augusta helps you set up with the depository, it's important to note that facilities are owned by private third parties.

The storage and custodial fees will vary depending on the facility you use for storage. If your facility is in your region, you can arrange to visit it in person to look at your assets.

If you make purchases outside of an IRA, you have broader options for your investment storage. You don't need to hold your investments in IRS-approved facilities. You can have your items shipped to whatever secure location you want.

It's even possible to ship your assets to your house, although this isn't recommended. Home storage is vulnerable to theft, loss, and damage from natural disasters.

With your purchase, Augusta includes free insurance coverage. The company has yet to lose a package in transit. If your precious metals are lost, you will be refunded the entire purchase price thanks to the robust insurance policy. So you don't need to worry about anything going wrong in the mail.

Purchase Costs

The costs of a purchase vary depending on the day. Gold and other precious metals fluctuate according to the market. Your customer service representative will put you in touch with experts at the company's order desk. These people can explain the pricing and risks of different investment options.

The company has a lower threshold for investment than many others. You only need to invest 5,000 dollars to get started. Though this is a higher amount than some people have, many individuals do have this much secured in a retirement account already.

Since there isn't a maximum investment level, you can purchase however many assets you want through the company. Account setup costs about 50 dollars. As mentioned, custodial fees will vary depending on where you set up your account, but it's common for storage to cost about 180 per year.

For those who purchase metals without an IRA, there aren't any setup or custodial fees. You'll just be paying the purchase price of your investment. You can use a personal check, credit card, or bank wire transfer. If you do pay with a credit card, you can only put 5,000 dollars on it at a time.

Augusta Precious Metals

Company Reputation

The Better Business Bureau has accredited the company and given them an A+ rating. Similarly, the Business Consumer Alliance has given the company a top AAA mark. The independent third party watchdog TrustLink gives Augusta a perfect 5 out of 5 score, with multiple customers indicating that they received excellent service.

Augusta also gets good reviews from its employees. People at the company have given the workplace excellent ratings on Glassdoor, stating that there is a strong internal structure and overall culture of respect.

The company also has strong ethical practices. In fact, the business is part of the National Ethics Association.

Notes

Your IRA specialist will remain the same throughout your entire relationship with the company. After your account is set up, you can monitor the growth and changes in your assets through an online portal. As you go through the process, your specialist will refer you to dedicated representatives in each of the company's five teams.

In addition to monitoring your investments online, the company will also send you a statement at the end of each quarter regarding your investments. Your IRA can have the funds fully or partially distributed whenever you choose.

If you decide you want your distribution in liquid form, Augusta will buy back the assets and send you a wire transfer for the cash price. You can also remove the physical assets from your account and store or sell them by yourself.

Keep in mind that there will be penalties for early withdrawal if you aren't the right age to remove your assets. You can avoid these penalties by starting minimum distributions of your assets once you reach the age of 70.

Overall, this is an excellent choice for securing your retirement assets. The company's low minimum contribution, excellent customer service, and lifetime of support all come together into something magnificent.

Noble Gold

Noble Gold is another one of the top gold investment options on the market. This precious metals broker is headquartered in California. Like the other options on the list, the firm's main focus is on helping people open precious metals IRAs.

With that said, you can also make purchases outside of an IRA. The company offers several types of collectible coin and rare proofs, in addition to their regular IRS-approved precious metals options.

Noble Gold also offers some cryptocurrency IRAs. If you're interested in purchasing cryptocurrency alongside your precious metals, they're a good option. Their financial experts can explain the benefits and risks to different purchases and make recommendations based on your needs.

Noble Gold

History of the Company

The company is one of the younger options on the market, having been operating since 2016. But in its short five years of operation, it has quickly become one of the top competitors in the precious metals industry.

This is partly because the two founders have over 20 combined years of experience with finance. They knew what they were doing when they launched the company. The founders have been featured in publications and news outlets like Fox News, Forbes, and Seeking Alpha.

In addition, the company has a large social media presence. The founders host a podcast about gold investment, finance, and the general market. Their Youtube channel has more than 7,000 followers who use the resources to make important financial decisions.

Available Products

All four IRS-approved precious metals are available through the company's brokerage. You can buy bars and coins to secure in a depository.

The company's selection of rare and historic coins is great for collectors. While rare coins are not approved for use in IRAs, they do make an excellent investment for people who like owning a piece of history. Collectors will appreciate the rare finds.

If you invest in rare and collectible coins, you can have them delivered to your house. You can also have them placed in whatever secure depository or bank vault you want.

Some of the gold products you can buy with the company's brokerage include gold eagle coins, maple leaf coins, and gold bars. You can also get silver eagle coins and pure silver bars. Some platinum and palladium products are available as well.

Noble Gold

Bitcoin IRA

Instead of working with precious metals exclusively, Noble Gold also offers cryptocurrency IRAs. These are self-directed IRAs like a precious metals account. But instead of being funded with physical metal assets, the funding comes from cryptocurrency.

Several types of cryptocurrency are available for purchase. Among them are Litecoin, Ethereum, and Bitcoin. Though the company's main specialty is still in precious metals, they offer full services for purchasing alternative assets.

It's become increasingly common for precious metals dealers to expand into offering cryptocurrency as well. Noble Gold is ahead of the curve.

Online Reputation

The company has one of the most solid online reputations in the industry. While they don't have perfect marks, they have received an A- rating from the BBB along with an AA rating from the Business Consumer Alliance. The BCA has also recorded no complaints within the past three years.

Trustlink has given the company a 5 star rating. There are dozens of customer reviews that praise the company's transparency and efficiency. You can also find positive reviews through companies like Yelp.

Noble Gold

Fees and Costs

If you open a gold IRA, you'll need to pay fees like an annual custodial and storage fee. This remains the same no matter where you invest. You'll also need to fund your account by using your bank savings or a retirement account rollover.

The company works with International Depository Services for their depositories. You can expect to pay about 150 dollars for storage and 80 dollars for the custodial fee. This isn't the cheapest on the market, but it is competitive.

Part of the appeal of Noble Gold is that they offer segregated storage. With segregated storage, your assets are kept completely separate from everyone else's. Nobody can access your vault except for you, your custodian, and the select individuals that you approve.

Segregated storage is more secure than commingled storage. You don't have to worry as much about theft or fraud occurring because someone had unauthorized access to your holdings.

Texas Storage

Noble Gold works with the only IRS-certified depository in Texas. Many Texans choose to invest in gold and precious metals, and they want to be close to their assets. The majority of other depositories are on the East Coast or in California.

International Depository Services also has a depository in Ontario and one in Delaware. If you want to store your assets outside of the country, the Ontario depository might appeal to you.

Regal Assets

Regal Assets is another relatively new player in the market, having been operating for about seven years. But they are one of the top industry competitors in both precious metals and cryptocurrency IRAs.

The company CEO has been a member of the Forbes Finance Council for several years. Forbes has noted that the company is one of the top 500 fastest-growing companies in the United States.

Regal Assets

Available Products

There are a variety of IRS-approved gold products available for purchase. You can get gold coins from all over the world, including Australian, British, Chinese, Emirates, and South African currency. Platinum and palladium coins and bars are also available.

You can choose from four different types of gold portfolio:

  • 25,000 dollars - to make money quickly
  • 50,000 dollars - to protect against inflation
  • 100,000 dollars - to protect against inflation, make a profit, and have stability in uncertain markets
  • 250,000 dollars - to help high net worth investors accumulate wealth over time

If you want to invest in personal packages outside of an IRA, there are two main options.

The first is the merchant package, which costs 5,000 dollars. It consists of hand-picked silver and gold items that you can quickly liquidate if there is an emergency.

The second is the knighthood package. This costs 10,000 dollars. Like the merchant package, it can be quickly liquidated if you need money fast. This option is built for people who want to secure a financial future for their loved ones as well.

Regal Assets

Helpful Company Features

The company's customer satisfaction rating is about 99 percent. Customers praise the informative approach to investment and the overall service.

You also get access to a segregated storage facility. As mentioned, segregated facilities keep your assets separate from those of other people. You don't need to worry about your assets being stolen or mishandled.

The company has quick shipping times as well. If you choose to withdraw your assets from your account, or you make a purchase to be shipped to your house, it will be sent within a week. If it takes more than a week, the company offers a free silver coin as compensation.

Regal Assets also employs experts in precious metals IRAs. They are familiar with IRS requirements, paperwork, and tax codes. They'll help you document your assets and facilitate your rollover so you can fund your account as easily as possible.

Another helpful feature is the flat fees. Your retirement account will be given a flat fee of 250 dollars no matter how much money it holds. Many other brokers charge a percentage of your holdings, which can quickly add up.

In addition, fees for the first year are waived.

Final Thoughts

Many people are choosing to invest in gold, silver, and other precious metals to safeguard their assets. The value of the dollar has plummeted with inflation, and the stock market is difficult to predict. Gold investment allows you to diversify your portfolio.

Our top overall choice for gold investment companies is Goldco. They are staffed with experts who understand how to roll over your existing assets into a gold IRA. In addition, they have excellent ratings with the BBB and various consumer alliances.

Another good option is Birch Gold Group. This company offers four different types of IRS-approved precious metals. They also give you ongoing investment advice, and they provide educational resources so people can learn about the market.

Augusta Precious Metals is an excellent choice for anyone who wants a wide range of depository options. It's also a good choice if you don't meet the high investment minimums of other companies, since you only need to invest 5,000 dollars to get started.

With Augusta, your expert customer service representative will remain with you for life, and you'll receive quarterly reports about your holdings. You can also receive silver bonuses with qualified purchases.

Noble Gold is a good company for those with an interest in both precious metals and cryptocurrency. In addition, they offer rare and collectible coins that you won't find in other places. If you're a coin collector who wants to invest in rarer proofs, you'll appreciate their online market.

People might want to invest in Regal Assets if they are interested in the protection packages. These allow you to purchase precious metals that can be liquidated fast if your family has need. You can also invest in cryptocurrency and gold IRAs.

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