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. Gold IRA companies are not investment companies that have a fiduciary obligation to act in your best interest.
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. Some investors think this is safer, an opinion that gold IRA companies sometimes misleadingly hold. 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 collapse of US 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 custodian of your choice.
Many of these companies allow investors to buy precious metals, which include silver, platinum, and palladium in their IRAs in addition to gold. We took into account the reputation, transparency, and quality of the online education and resources they offer from each Gold IRA company. 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. 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.
Most gold IRA companies buy back gold or other precious metals they’ve sold you, but buybacks are generally made at the wholesale price, which is around a third cheaper than the retail price. The leading Gold IRA companies offer unbiased educational resources, investor information, and responsive customer support. 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). 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.