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Premier Gold is a precious metals dealer whose specialists can help you diversify by rolling over funds to a gold IRA or purchasing precious metals for physical possession. Its business model is based on repeat business and referrals, largely supported by transparent investor education. Invest an amount you feel comfortable with, though gold IRA fees are waived for transfers over $50,000.
With its transparent pricing business model and data-backed investor simulator, Premier Gold is a top choice for investors who want to diversify their portfolios with gold and silver.
Premier Gold is one of the few gold IRA companies that provides live precious metal pricing on its website—an effort that helps both new and seasoned investors make responsible, educated choices they feel comfortable with.
Though the company is relatively new, the founders of Premier Gold have more than 40 years of combined experience and its specialists each have more than three years of experience in the industry. Talk to a specialist about your goals, and the team will construct a quote for you to review and approve.
Pros:
Live gold prices online
Investor simulator tool for portfolio planning
Transfer fees waived for IRA investments over $50,000
Free consultation
Cons:
Higher “recommended” gold IRA investment minimum
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.
Our Experience With Premier Gold
While Premier Gold doesn’t have the name recognition of some more established gold IRA companies, Retirement Living praises the precious metals dealer for its commitment to straightforward and transparent pricing. First and foremost, prices are always displayed on the website, allowing customers to make informed decisions without the fear of unexpected charges. You can also purchase directly from the website without needing to talk to a client representative.
We asked the company how its specialists help customers make responsible investing choices and received the following response:
“Our business model is repeat business and referrals. We prioritize building long-term relationships with our customers, and we understand that honesty and clarity in pricing contribute significantly to customer satisfaction.”
One of Premier Gold’s standout features is its online investor portfolio simulator, which gives customers an in-depth analysis of what investing in precious metals can do. Using historical performance data, you can model a hypothetical portfolio of various assets to understand how specific allocations will affect growth and returns.
Premier Gold investor simulator. Source: Retirement Living
How To Open a Gold IRA With Premier Gold
To open a self-directed gold IRA, you’ll need to call Premier Gold and speak to a specialist who will guide you through the process. They’ll help you determine the best method for funding it, whether that’s a transfer from an existing IRA account or a 401(k) to IRA rollover.
Next, you’ll choose your metals and place the order for the gold and silver assets you select. Premier Gold specialists are financial experts, not sellers, so they’ll work with you to identify assets that best fit your investment goals.
To qualify for an IRA, the precious metals you choose must meet certain IRS requirements. Collectible coins or rare coins, including graded or certified coins, are not eligible for a precious metals IRA. At the time of publishing this review, Premier Gold had 68 IRA-eligible products available to fund your IRA.
How To Buy Gold From Premier Gold
Premier Gold lists its gold and silver inventory online, as well as the current price for each product. You can buy gold and silver products online using its self-checkout feature. Shipping is free except in California, which adds a $12.50 flat rate.
If you choose to take physical possession of your metals rather than fund an IRA, Premier Gold will deliver them to your door so you can store them in your home safe, a bank safety deposit box, or a secure storage depository. Whichever method you choose, be sure to store your precious metals properly.
Premier Gold Costs
According to our conversations with a Premier Gold representative, there is an initial setup fee of $225 with the Trust company and an annual fee of $170. However, the company will waive fees on transfers over $50,000.
Premier Gold is one of a few precious metals companies that list their prices online. Customers can view live spot prices as well as Premier Gold pricing for gold, silver, platinum, and palladium.
1 oz. Proof American Eagle Gold Coin
$3,233.38
1 oz. American Eagle Platinum Coin
$1,617.49
1 oz. Canadian Maple Leaf Silver Coin
$25.46
1 oz. Proof American Eagle Silver Coin
$90.28
Premier Gold Precious Metal Pricing Snapshot*
*Prices accurate as of January 2024. Prices may change
Remember: The price of gold fluctuates daily. When buying gold for an IRA or for physical possession, your final price will likely be higher than the current “spot” price of gold published on the web. Most gold dealers will add what’s called a “premium,” the markup gold companies levy on precious metals for profit.
Premier Gold Complaints
Premier Gold is a new company, so its online presence is minimal, including reviews from customers. When asked about the company’s approach to service, they provided Retirement Living with the following response:
“Our commitment to putting customer service first is ingrained in our company culture. We prioritize the needs and concerns of our customers, striving to exceed their expectations at every interaction. Our customer service team is readily available to address inquiries, provide assistance, and ensure a positive experience throughout the process. We believe that these values not only set us apart but also contribute to building lasting relationships with customers.”
FAQs About Premier Gold
Does Premier Gold buy back coins?
Yes, you can sell your metals back to Premier Gold; buybacks are subject to market pricing.
What are the Premier Gold fees?
For gold IRAs, Premier Gold has an annual fee of $170. The Trust company also has an initial setup fee of $225. Premier Gold will waive this fee on transfers over $50,000.
Are my gold IRA retirement funds tax-deferred?
Yes. Gold IRAs from Premier Gold offer the same tax deferment benefits as other IRAs. The same penalties, such as fees and taxes, exist for early withdrawal.
Conclusion
Premier Gold is a great choice for investors with any level of experience to diversify their retirement portfolios with gold. It’s an informative website, and a team of experienced finance experts can help you open a gold IRA or buy precious metals for home storage. To learn more about how Premier Gold can help you, schedule a free consultation or download a free investor kit on their website.
