Augusta Precious Metals — Best Orion Metal Exchange — Best for Low Fees Birch Gold Group — Best for Fear Transparency Augusta Precious Metals offers plenty of customer information on its website. Ironically, one of the features that make this company the best of our favorites is their video blog series with reasons why you shouldn’t own gold. Many gold IRA companies use scare tactics or exploit investors’ fears of a (highly unlikely) collapse of the entire financial system and a full-scale US collapse. Five companies have made it onto the list with the most reliable and overall best investor satisfaction.
They are Lear Capital, Goldco, Orion Metal Exchange, and Patriot Gold Group. The Oxford Gold Group is also a well-known company that should be on your radar. Here’s what we did to make our best Gold IRA decisions. We’ve reviewed more than a dozen Gold IRA companies and identified the best options for investors with different needs and financial sophistication.
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. A gold IRA is characterized by the fact that the account holder owns the actual precious metals, as opposed to stocks or fund shares in mining 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 custodian of your choice. 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 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 prevailing retail price. Some gold IRA companies describe their offerings as diverse because you can hold more than one type of precious metal in them. The leading Gold IRA companies offer unbiased educational resources, investor information, and responsive customer support. We’ve rated the websites of Gold IRA companies together with consumer protection organizations Better Business Bureau and Business Consumer Alliance, as well as websites with customer reviews such as TrustPilot.
We took into account the reputation, transparency, and quality of the online education and resources they offer from each Gold IRA company. You can choose a mix of gold and silver, and some gold IRA companies also offer platinum and palladium, which you can buy and hold in your IRA. Many gold IRA companies use scare tactics or use investors’ fears of a (highly unlikely) collapse of the entire financial system and a full-scale collapse of U Noble Gold as one of the best gold IRA companies for retail investors, as the minimum investments required are low and extensive educational resources are provided.