May 31, 2021

The 5 Best Gold Investment Companies: Diversify Your Investments with Gold


 Everyone wants to enjoy their retirement without having to worry about the next paycheck. However, volatility in our world today is a huge risk for investors leading to loss of assets and money. Therefore, it is paramount for you to cushion your future by investing in stocks, bonds, CDs, 401(k) plan, or IRA.

 An IRA or personal retirement account is an account offered by a registered custodian to individuals to save for retirement. Gold IRA is a favorite choice type of IRA for investors who want to enjoy stability in their portfolio. The account allows you to invest in gold and precious metals from a qualified self-directed gold IRA company.

 A self-directed gold IRA company is a trustee or custodian mandated to ensure the safety of your investment by the IRS. To buy gold, you need to choose a self-directed IRA and fund it using cash or rollover funds from your 401(k), 403(b), and 457b account. Next, select a certified gold IRA company and contribute up to $7000 based on age limits. Finally, choose the metal and make a purchase.

 Now that we understand the gold IRA, let us dwell on the best IRA companies.

 1. Goldco

 Goldco is a stellar rating gold IRA provider with a triple-A range at Business Consumer Alliance, A+ from Better Business Bureau, and five-star ratings from Trustlink and Trustpilot. Based in Woodland Hills, California, the company is exceptional in buying gold, silver, platinum, and palladium bars or coins. Started in 2006, the company has extensive experience with top-notch customer support.

 Goldco provides many resources to ensure that investors get equipped with all necessary information at every step of their journey. The website has blog posts and a well-detailed FAQs section to help answer questions you may have. Additionally, it allows investors to interact directly with customer service agents through chats, emails, or toll-free numbers.

 Creating an account with the company is mainly online and requires a minimum injection of $25000 coupled with a $260 fee for the first year. After that, the charge for consecutive years is $180 annually.

 Pros

 • Huge collection of educational resources.

 • Superior customer service.

 • Competitive pricing

 • Buyback program for easy liquidity of your precious metals.

 Cons

 • High initial capital

 2. Augusta Precious Metals

 Augusta Precious Metals is a reputable gold IRA custodian with utmost transparency in the pricing of its services. Opened in 2012, the company has gained award-winning ratings and recognition by market leader’s watchdogs. BBB gives it an A+, AAA from BCA, 4.8-star rating from Google, and five-star ratings from Trustlink.

 The company makes it easy for customers to get started by doing 95% of all legal paperwork required. Additionally, they offer you personalized information on how to diversify your portfolio based on your individual needs. Moreover, all charges and prices are available on their website for download without any hidden charges.

 Augusta is primarily engaged in the sale of gold and silver coins or bullion only. Therefore, anyone interested in buying palladium or platinum should check other companies. Its major attraction to customers is easy rollovers of IRA and straightforward pricing plans.

 Pros

 • Transparency in pricing

 • Cashback guarantees.

 • No management fee for the account.

 • Competitive prices

 • Buyback program available

 Cons

 • Minimum of $50000 open balance

 • No online buying of the precious metals

 3. Birch Gold

 Having begun in 2003, the Birch Gold Group has prolonged experience in precious metals dealings. The California-based company offers gold, silver, platinum, and palladium bars or coins. Birch Gold Group prides itself on outstanding ratings of AAA from BCA, A+ from BBB, and five-star from Trustlink and Trustpilot.

 Birch Gold sells precious metals to people within all 50 states in the United States. After a successful sale, the company ensures safe storage of your precious metals with accredited depositors such as Delaware Depository or Brink’s Global Service. You may also opt to store your products from their partnered custodians, Strata Trust Company, Goldstar Trust, or Equity Trust.

 To open an account with Birch Gold Group, you require a minimum of $10000. Additionally, you will $120 one-time fee for account setup, wire transfer, and transaction. Henceforth you will need to pay $100 for insurance and storage and $75 for management annually.

 Pros

 • Quick account setup

 • Low capital compared to other companies

 Cons

 • Not open to non-Americans

 • Hidden costs for account setup.

 4. Regal Assets

 Headquartered in Beverley Hills, California, Regal Assets is the brainchild of Tyler Gallagher. The company supplies precious metals, including gold, platinum, silver, and palladium bullion. Regal Assets boasts of triple-A, BCA rating, A+ on BBB, and a 4.9-star rating on Trustlink.

 The company attracts new clients by zero charges for admin, management, transfer, and rollover in the first year. Moreover, it offers speedy shipping of products in under seven days. However, you will require a minimum investment of $5000 to get started.

 Pros

 • Many storage options

 • Great customer care

 • Members of Forbes Finance Council

 • Fixed fee for storage and administration purposes

 Cons

 • The $5000 initial capital may be too high for some investors

 5. Noble Gold Investments

 The Noble Gold Investments began in 2007, co-founded by Charles Thorngren and Collin Plume. Noble Golf Investments help individuals invest in gold, silver, platinum, palladium, and rare coins.

 Noble Gold Investments gives investors a chance to benefit from low investments from $2000. However, you will also incur a recurring fee of $80 annually, irrespective of your gold investment size. Additionally, you will pay a $150 price for storage.

 Pros

 • Low investment capital required

 • Buyback policy available

 • Free gold IRA guide download

 • Personalized investment advice

 Cons

 • Little years of experience

 • No overseas storage

 Conclusion

 The American dollar at times gets volatile and prone to oversupply and trade deficits. Therefore, money quickly loses its purchasing power and reliability. On the other hand, gold and precious metals keep on appreciating despite economic fluctuations. When investing in such products that offer a hedge against inflation, consider the above gold IRA companies.

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