Best Gold IRA Companies
Learn about Gold IRAs, discover tips for making wise Gold IRA investment choices, and examine our selection of the best Gold IRA providers.
- Competitive Pricing
- More metal for your money
- New accounts receive free shipping
Orion Metals Exchange is an affordable precious metals dealer that provides direct pricing, low management costs, as well as a variety of services, including an easy-to-set-up IRA account.
- Reliable Guarantees
- Family-owned and -operated
- Satisfaction and money-back guarantees
American Hartford Gold works with families and individual precious metals investors. The gold dealer helps clients strategically use the metal as a hedge, whether they take possession of the gold or hold it in a retirement account. American Hartford Gold clients get a 100% satisfaction guarantee and a money-back guarantee within seven days of receiving their gold.
- Customized Investments
- Planning for future generations
- Works with all levels of gold investor experience
Oxford Gold Group’s guiding principle is all people should have a chance to invest in precious metals. Gold brokers at the firm consider each client’s specific goals when helping to find appropriate investment strategies. Oxford Gold Group is a resource for precious metals collectors as well as investors.
- Great Personalized Service
- Serving families and individual investors
- High level of client education
Patriot Gold Group emphasizes educating clients about gold and precious metals purchases. Customers work directly with the company owners to ensure a consistently high level of satisfaction. Patriot Gold is a full-service gold dealer with over 50 years of collective experience in the precious metals investment industry.
- Unique Investor Workshops
- Workshops provide education with consultation
- Broadest investment range
Monetary Gold buys precious metals directly from the source to keep prices down. The brokerage offers an expanded range of investments via registration with the world’s largest derivatives marketplace. Monetary Gold provides workshops and individual consultations, so clients understand markets and investment options.
- Great Service
- Fees waived with minimum IRA
- Personalized customer service and education
With a low annual management cost and a reputation for good customer service, Lear Capital is a great option for individuals interested in a precious metals IRA.
- Great Customer Service
- Specializes in retirement accounts
- Great buy-back options
Gold Alliance’s team is equipped with both financial and precious metals experts. Gold Alliance is known for client satisfaction.
- Great Education
- Gold buyback program
- Secure storage facilities
Advantage Gold Is a precious metals company that specializes in educating their customers to help them make educated investing decisions.
- Great Online Education
- Fees waived on transfers $50,000+
- $10,000 min. investment
Birch Gold Group specializes in Precious Metals IRAs and strives to provide customers with the right information so they can make the appropriate decisions for their financial future. Precious metal offerings include Gold, Silver, Platinum and Palladium.
- No Fees BuyBack Program
- Minimal gold IRA fees and competitive pricing
- Lifetime account support
Preserve Gold is a full-service precious metals IRA dealer offering an extensive catalog of gold, silver, platinum, and palladium coins and bars available for purchase. The company caters to first-time and experienced investors with lifetime account support from a dedicated wealth preservation specialist. Exclusive market research and analysis are available for all customers.
- Great Mobile App
- 24/7 access to manage assets
- Low fees and competitive prices
Invest in vaulted precious metals through an online account without the hassle of holding and storing your assets. Liquidate or take possession of physical assets when it’s right for you.
- Great Customer Service
- Customer service partner
- $50,000 investment minimum
Augusta Precious Metals provides each customer with a customer service partner to assist with the buying process.
- Great Retailer
- A+ rating from the Better Business Bureau
- Over experience in Precious Metals IRAs
Goldco offers many years of experience in both the precious metals market and Precious Metals IRAs. This experience lets them guide investors through important decisions, the rules surrounding Precious Metals IRAs and the investment options available for Precious Metals IRAs.
- Flat Fee Structure
- Ongoing customer support
- First-time buyer promotions
Allegiance Gold sells IRA-approved gold coins, bullion, and other precious metals. You must buy at least $10,000 worth of gold to open an IRA. Senior portfolio managers will help you fund, maintain, and liquidate your account.
- Great Selection
- High customer service ratings
- Sells gold held for emergency needs
Noble Gold representatives simplify setting up an IRA or rollover IRA. The company also offers Royal Survival Packs, consisting of specially-chosen precious metals held for use in a disaster.
Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.
Gold IRA Company Reviews
The following companies currently offer gold IRAs and have been rated highly by customers, the BBB, and the press. Find your investor profile — with the company that best matches it — below.
Lear Capital Review
Great Service |
Most of Lear Capital’s customers have existing retirement accounts they wish to diversify with gold and silver, but the company will assist anyone with an IRA or 401(k) rollover.
You’ll pay a $200 annual fee for Lear to manage your IRA. The fee covers the costs of storage, custodian management, and quarterly statements. There are no additional fees from Lear Capital for maintaining your IRA, although there may be costs associated with buying, selling, and transfer of assets.
- Metals: Gold, silver, and platinum bars and coins
- Minimum investment: $25,000
- Fees: Setup, annual maintenance (including storage)
- Storage options: Delaware Depository
We contacted Lear Capital to request a gold IRA investor kit and learned firsthand how hard the company works to educate its customers about Gold IRAs. The kit and the website provide comprehensive resources for customers to review and learn. Lear’s knowledge of the gold and silver markets is established in the private markets and translates well to their IRA management.
Read our full Lear Capital review.
Great Retailer |
This company has recently made a big splash in the industry, thanks to celebrity endorsements from Sean Hannity and Chuck Norris, among others. Specifically, we like this company’s buyback price guarantee: Goldco promises to buy back your metals at the highest possible price. This, and its silver coins promo for new accounts, allows us to confidently recommend Goldco for first-time buyers who are unsure how to begin investing wisely.
The modest $200 annual fee (waived the first year) is a bit higher than other companies but gives you the ability to see your own assets at any time.
- Metals: Gold and silver bars and coins
- Minimum investment: $25,000
- Fees: Setup, maintenance, wiring, storage
- Storage options: Not disclosed
Admittedly, we had a tough time finding information online about fees, account minimums, custodians, and storage options. But representatives were quick to respond to our questions when we reached out via the live chat feature. We also found Goldco’s in-depth blog, eBooks, and educational videos very helpful for potential investors.
For more information, read our full Goldco review.
Orion Metal Exchange Review
Most Competitive Pricing |
Orion Metal Exchange offers transparent pricing and over 50 years of precious metals investment service. While Orion is based in Los Angeles, it has options for investors in all 50 states to fund IRAs with gold, silver, platinum, and palladium.
One of the reasons we placed Orion at the top of our list is that they made it easy for us to access educational resources quickly and request a free investor kit to learn more about buying gold and silver through them. The kit was sent to our email; it gave us several easily-implemented tips for choosing the right gold IRA company and how to avoid rookie mistakes when buying gold, which we found really helpful for empowering our decision. We also had many opportunities to contact an experienced account representative. Once connected, we found the expert knowledgeable and friendly as they explained the process of opening an IRA.
- Metals: Gold, silver, platinum, and palladium bullion coins and bars
- Minimum investment: $5,000
- Fees: Storage (only after three years)
- Storage options: Works with all IRS-approved gold IRA custodial institutions
The company displays its list of IRS-approved coins on its website. Transparent product pricing is important for ensuring you get the best deal. Orion Metal Exchange gold IRA charges fewer fees than its competitors. For example, there is no setup or transfer fee, and the company will pay your storage fees for up to three years.
Orion recommends you store precious metals at a local Brinks or Delaware Depository location. Although home storage is an option, Orion does not recommend it because such methods are not IRS-compliant.
For more information, read our full Orion Metal Exchange review.
To contact Orion Metal Exchange, call 888-607-4685 or request a starter kit online.
Patriot Gold Group Review
No Fee for Life IRA |
Investing with Patriot Gold Group is fast, easy, and affordable. We think Patriot Gold stands out from others because it makes getting started with a gold IRA easy with a 24-hour turnaround. They advertise no fees for life (if you have more than $100,000 in your account).
Patriot Gold is a dealer-direct company, which means you won’t pay typical fees charged for gold, silver, platinum, and palladium bullion or coin purchases. This feature undoubtedly benefits the consumer, but the website lacks information about fee amounts, account minimums, and other details. You will have to contact them before signing up to learn more.
- Metals: Gold, silver, platinum, and palladium bars and coins
- Minimum investment: $50,000
- Fees: Setup (depending on account balance), transaction, storage, insurance
- Storage options: Advertises Brink’s Global Services and Delaware Depository, but doesn’t disclose full list
You can initiate a gold IRA account online by filling out their online form with your basic information and the best time to be reached. You can roll over an existing IRA into a gold IRA or start a new gold IRA from scratch. Patriot Gold Group has a five-star rating from ConsumerAffairs and AAA rating from the Business Council Alliance.
To contact Patriot Gold Group, call (844) 524-9001 or get a free investor kit online.
Read our comprehensive Patriot Gold Group review.
Oxford Gold Group Review
Flexible Pricing |
A gold mainstay for more than 20 years, Oxford Gold Group is a popular choice for people hoping to protect their assets against uncertain markets and potential economic downturns. Whether you’re an experienced investor or just getting started, Oxford Gold Group has the experience to help you meet your goals. You can open a new account online in less than 24 hours, and the company will assign you a dedicated account executive to walk you through the investment process. After you’ve made your selection, the metals are shipped to the depository and stored.
- Metals: Gold, silver, platinum, and palladium bars and coins
- Minimum investment: Not disclosed
- Fees: Setup, maintenance, transaction
- Storage options: Brink’s Global Services, Delaware Depository, International Depository Services
This company works with investors to develop an investment strategy for minimizing risk and then uses that approach to inform investing in precious metals. Oxford is proud of its personalized service and convenient access to its 24/7 customer care team, should questions arise during your investment journey. Oxford does not charge shipping fees.
While several gold IRA companies offer investor kits, we thought Oxford’s starter resources explained the differences (i.e., your options) for investing in bullion, numismatic, and semi-numismatic metals better than competitors. The kit also detailed what to expect when you want to transfer your gains to your beneficiaries.
Read our comprehensive Oxford Gold Group review.
Birch Gold Group Review
Great Online Education |
Since 2003, Birch Gold Group has been selling physical gold, silver, platinum and palladium to fund IRAs or for physical possession. They’re recognized as an industry leader because of their efforts to educate consumers on the best way to turn precious metals into long-term investments.
Customers will have ongoing access to account executives who will educate you in person or online about how Precious Metals IRAs can diversify your portfolio, hedge against inflation and show strong growth potential. Birch Gold Group frequently offers promotional pricing, such as getting additional free precious metals, depending on the order amount.
- Metals: Gold, silver, platinum, and palladium bars and coins
- Minimum investment: $10,000 recommended
- Fees: Setup, annual maintenance, transfer
- Storage options: Delaware Depository, Brink’s Global Services, Texas Precious Metals Depository, International Depository Services
In addition to its “A+” rating with the Better Business Bureau, Birch Gold Group has won numerous awards including five stars with TrustLink touting their customer service and a “AAA” rating with Business Consumer Alliance.
Read our complete Birch Gold Group review for more details.
To contact Birch Gold Group, call 844-515-2721 or request a free starter kit.
American Hartford Gold Review
Great Buyback Plan |
Based in Los Angeles, American Hartford Gold specializes in Gold and Precious Metals IRAs. To open a Precious Metals IRA, click on the website link to call a product specialist to complete the necessary paperwork. If you’re rolling over an existing account, American Hardfort Gold will transfer your funds within three days. The assets you buy will be stored in an IRA-approved vault.
The buyback commitment offered by American Hartford Gold is what stands out to us the most. This program guarantee lets customers sell their precious metals while avoiding additional fees during the liquidation process.
- Metals: Gold, silver, platinum, and palladium bars and coins
- Minimum investment: Not disclosed
- Fees: Flat annual storage
- Storage options: Delaware Depository, Brink’s Global Services, A-M Global Logistics (AMGL), International Depository Services
We couldn’t download the 25-page investor kit without providing a name, email, and phone number, but we could access the company’s robust investor library, which gave us four eBooks explaining updated information for 2023. This includes tips for preparing for a recession and a guide for opening a gold IRA.
For more details, read our full American Hartford Gold review.
To contact American Hartford Gold, call 877-672-6779 or request a free starter kit.
Additional Gold IRA Companies
Red Rock Secured is Gold IRA provider offering gold, silver and other investment tools. Read our comprehensive Red Rock Secured Review to learn more.
Lexi Capital helps customers convert their existing IRA, 401(k), annuity or other retirement accounts. Read our comprehensive Lexi Capital Review to learn more.
The Gold Financial Group explains gold investing and the precious metals each client is interested in. To learn more about the company, read our Gold Financial Group Review.
American Precious Metals Exchange is one of the largest precious metals dealers specializing in precious metals for Gold IRA accounts. Check out our APMEX comprehensive review.
Rosland Capital’s specialists help clients choose precious metals that are in compliance with IRS rules for Gold IRAs. Check out our Rosland Capital comprehensive review.
JM Bullion buys and sells precious metals such as gold, silver, copper and platinum. Check out our JM Bullion comprehensive review.
Our Research Methodology
To identify top gold IRA providers, we analyzed 10 data points to give you a well-rounded review of each provider. We sourced feedback and reviews from real consumers and consulted with finance experts. We also considered these features:
- Licensure and credentials
- Fees, such as transfer and setup, annual management, and storage costs
- Access to educational information and investment resources
- Customer service and support availability
- Industry reputation
- Storage options
- Minimum investment requirements
- Options for precious metals
We also requested starter kits, as most companies allow interested investors to call for a starter kit or more information. We wanted to narrow down the list to those that would answer your questions right away, either with a live chat rep, or an easy-to-use request form. Companies that responded within a few days (or quicker) stayed on our list.
Basically, we followed our own buying tips to uncover the best providers. Companies that obscured their prices, had difficult or confusing policies and procedures, and/or limited investment and storage options were eliminated. The result of our analysis is the best gold IRA companies for you, a friend, or a family member to consider.
Our Experience with the Gold IRA Companies
The Retirement Living content team spent several days contacting gold IRA companies to ask questions about the investment process and product details. When available, we asked them to send us starter kits we could analyze and learn from. We had to offer our name, email address, and phone number to receive a digital copy of a starter kit, but our requests were granted quickly.
For instances where companies did not offer an informational kit, we used the live chat feature. Each company asked for a name, email, and phone number to enter a live chat, but we found all company representatives very responsive and knowledgeable, answering all of our questions in full.
Orion Metal Exchange
Orion Metal Exchange stands out among our list of best gold IRA companies because it displays real-time metal prices directly on its website—not all competitors do the same. It has the most customer reviews on our site from people who’ve invested with the company and worked with its team of professionals.
Oxford Gold Group
We found Oxford Gold Group’s investor kit most helpful and effective for engaging new customers. They sent us a 15-page PDF full of relevant information about precious metals, the storage depositories they partner with, and ways to diversify our portfolios with different metals.
Our experience with each company was positive overall. Moving forward, we’d love to see the gold industry become more transparent as an industry standard. Obscuring pricing information from website visitors makes it difficult for potential investors to accurately gauge their investment potential and budget for additional fees that come with opening and maintaining a gold IRA. Companies that prioritize transparent pricing and fees online can secure a competitive advantage with consumers.
Tips for Choosing the Right Gold IRA Company
The three most significant considerations for finding the best gold IRA company are consumer ratings, customer service and reputation.
- Be a skeptical investor; only work with reputable companies that are committed to customer education
- Make sure you buy IRS-approved and IRA-approved coins from a reputable company
- Understand potential tax penalties for selling and home storage options
Before investing in gold, you should know exactly what you’re getting. Ask lots of questions and do your due diligence. Going into a transaction of this magnitude unprepared or without the right knowledge could cost you money in the long run.
Gold IRA Best Practices
Buy IRA-approved metals: Per IRS rules, you can hold only certain types of gold and precious metals in an IRA. JM Bullion has a good list of IRA-approved metals you can use to guide your investments. The metals that don’t appear on this list have not been deemed pure enough, and you won’t be able to use your IRA funds to purchase them. To be IRS-eligible, gold must have a 99.5% purity, silver 99.9% purity, and platinum and palladium 99.95% purity. (The IRS makes an exception to the fineness rule for American Gold Eagle coins, which must only be 22 karats or 91.67% pure gold.) Metals must also meet other qualifications pertaining to their condition (near perfect), weight, and authenticity.
IRA accounts only accept gold bullion, not collectibles, so save your numismatic coins for your display case and fund your gold IRA with tangible bullion instead.
Store it properly: Gold purchased for a gold IRA must be stored with a reputable, IRS-approved storage facility. While many IRAs offer you the ability to keep your gold in separate storage away from the metals of other investors in the same facility (known as comingled storage), beware of any company that provides an option to store them at home in a safe or bank deposit box. This is not an IRS-approved method and would result in the removal of the metals from your IRA and potentially incur a withdrawal tax penalty.
Hold your gold until maturity: If you need access to your IRA funds, you can take distributions from your gold IRA like a traditional IRA. In most instances, you can opt to receive the actual bullion or the cash value of your precious metals. But remember that early withdrawals before 59 1/2 attract a 10% penalty, and the dollar value withdrawn is added to your income and subject to ordinary income tax.
Top Gold IRA Companies of 2023
- Competitive Pricing – Orion Metal Exchange
- Reliable Guarantees – American Hartford Gold Group
- Customized Investments – Oxford Gold Group
- Great Personalized Service – Patriot Gold Group
- Unique Investor Workshops – Monetary Gold
- Great Service – Lear Capital
- Great Customer Service – Gold Alliance
- Great Education – Advantage Gold
- Great Online Education – Birch Gold Group
- No Fees BuyBack Program – Preserve Gold
- Great Mobile App – OneGold
- Great Customer Service – Augusta Precious Metals
- Great Retailer – Goldco
- Flat Fee Structure – Allegiance Gold
- Great Selection – Noble Gold
What Are the Typical Gold IRA Fees?
In addition to the cost of the metals themselves, you’ll need to budget for other fees related to establishing and maintaining a gold IRA.
- Setup fees: An application fee to process a new account or initiate an IRA/401k rollover. These fees range from $50 to $275, but some custodians wave this expense for larger accounts.
- Transaction fees: A flat fee to purchase or sell metals within the account. Fees are typically about $40 per transaction.
- Account maintenance fees: Annual fee to maintain your account. These fees can vary from $75 to a few hundred dollars per year, though some custodians may offer discounts based on account size.
- Wiring fees: IRA custodians will charge a wiring fee of about $25 for each outgoing wire.
- Storage fees: A percentage of your investment or a flat fee paid in exchange for holding and securing your metals in an approved depository. Some custodians may include insurance costs in their storage fees.
- Shipping fees: A flat fee to move your metals to and from the depository.
Options for Storing Your Gold
When deciding where to store your gold investments, your options are limited in an IRA. The IRS has only a few approved depositories for gold, silver, platinum, and palladium. Examples of IRS-approved depositories include Delaware Depository Service Company, JP Morgan Chase, HSBC, and CNT Depository.
Under IRS law, you cannot store your investments at home or in a safe deposit box — without incurring a fee, at least. If you store them at home, the IRS will consider it a withdrawal and levy taxes (if it’s a traditional gold IRA) and/or penalties (if the withdrawal takes place before age 59 1/2).
Many gold IRA companies partner with a third-party storage firm or secured depository. When researching companies to invest with, ensure they’ve partnered with reputable facilities and ask how they handle transportation and insurance coverage. Then, determine how they’ll be stored. Allocated storage means your metals will be stored alongside the metals of other investors. Commingled, or segregated storage, keeps your investments separate from assets held by other investors in an individual storage box or vault.
- Allocated storage means your bullion will be stored alongside the metals of other investors. Upon withdrawal, you may not receive the exact same bullion that you purchased, but rather an equivalent type. This is a less expensive form of storage and is acceptable for most people who don’t need to receive their exact individual pieces of bullion.
- Commingled, or segregated storage, keeps your investments separate from assets held by other investors in an individual storage box or vault.
What to Consider Before Investing in a Gold IRA
There are pluses and minuses to investing in a gold IRA.
It helps diversify your portfolio
Most retirement experts have recommended that you allocate 5% to 10% of your total portfolio to precious metals, but making finite suggestions can be challenging since investment preferences are highly personal.
“Precious metals can be an important part of a well-diversified portfolio,” says Ryan Sullivan, investment advisor and owner of registered investment advisory firm Off the Beaten Path Financial. “Historically, gold and other precious metals have had a low correlation with the general stock market. This makes it a good asset to hold when wanting to minimize portfolio volatility.”
It’s a proven way to grow your investments
The price of gold has risen steadily over time, reaching its highest price ever in 2020. In 2023, gold prices spiked to new all-time highs, and it currently hovers near record-breaking levels.
Historically, gold has proven itself as a reliable investment by keeping up with inflation despite long periods of both underperformance and overperformance. It has also served well during periods of high turmoil due to its perception as a “safe haven” asset. In 2020, during a period of high turmoil, gold outperformed the S&P 500.
It comes with higher fees
The cost to have a custodian to store and insure and buy, ship, and transport your assets is pretty steep. You’ll also have to budget for annual custodial fees, which tend to be higher than traditional IRA management costs.
It is subject to an early withdrawal penalty
Ideally, you’ll hold gold in your IRA until you retire, but if you withdraw funds before age 59 1/2, you’ll pay a 10% penalty. You’ll need to start taking mandatory distributions at age 72, or you could face additional taxes.
Frequently Asked Questions about Gold IRAs
Here are answers to the most commonly-asked questions regarding gold and precious metals IRAs. Review them to get an understanding of how an account can be started to help you build wealth in retirement.
A gold IRA is like a typical IRA (Individual Retirement Account), except the assets held are physical gold bars, coins, or other precious metal pieces. A typical IRA deals in paper assets and a gold IRA is funded by gold.
Gold IRA companies open and operate self-directed IRAs like gold IRAs. A reputable gold IRA company can assist you with purchasing, storing, and selling your gold investments, as well as rolling over traditional IRAs, 401(k)’s, and eligible retirement fund account assets to a gold IRA account. While these custodians are not as widely available, some popular gold IRA companies include Orion Metal Exchange, Oxford Gold Group, Lear Capital, and Goldco, among others.
If you want to cash in on your funds once the account matures, you can withdraw the assets and have the metals sent directly to you to either sell or store yourself. Alternatively, you can leverage the company’s buy-back program and allow the custodian to take back possession of the metals and do what you want with the funds. Some investors might opt to get a cash distribution, buy a different asset, or transfer funds to a different account. Most gold IRA companies have a buy-back option, but the terms differ. Be sure to confirm your rights before investing.
Any investment carries risk, and gold IRAs are not a sure thing. You must carefully weigh the pros and cons of investing in physical bullion. If you feel that investing in gold is a worthwhile and manageable risk, then a gold IRA can provide a tax-efficient means to invest.
Gold IRAs are also called “precious metal IRAs” because they can hold silver, platinum or palladium investments. These metals can be in bar or coin form as long as the assets meet purity standards and other requirements set by the IRS.
Yes, though rollovers have specific rules and not everyone is eligible. Talk with a gold representative to see if you can initiate a rollover. Many investors fund a gold IRA with funds from a 401(k) or traditional IRA. All gold IRA rollovers must follow the same tax rules for funds rolled into a traditional or Roth IRA. Some choose to roll over just a portion of their IRA or 401(k) to a gold IRA as a way to diversify their nest egg.
You can choose to purchase bars and certain coins for your IRA. They’re both valued per ounce based on the price of gold, but some believe coins are the safer choice. This is because coins are easier to transfer (sell back), sold at higher premiums, and not as easily counterfeited. Some of the most common coins include:
– American Eagle gold coin
– American Eagle silver coin
– American Eagle platinum coin
– Maple Leaf palladium coin
No matter what you choose to purchase, make sure you work with a reputable gold IRA company with a competitive buy-back policy. However, premiums are higher for coins.
Related Gold IRA Resources
How to Buy Gold
Read about the different forms of physical gold you can purchase, where you can purchase it and tips for buying gold.
7 Ways to Invest in Gold
There are many ways to invest in gold in addition to a Gold IRA. Check out seven of the most popular forms of investing in gold.
What Causes Fluctuation in Gold Prices?
Multiple factors affect the price of gold including inflation, monetary policy and supply. Read about the various things that can affect the price of gold.
More Related Articles
Concluding Thoughts on Gold IRAs
Gold IRAs can be a smart investment, and you have options for choosing a Gold IRA company.
Investing in a Gold IRA is one of many ways to plan for retirement, and if you choose to do so, you should be aware of the way to do it wisely. There is likely a company out there that represents your values in price, customer service, product, and storage. These companies earned our top spots among all categories: