Best Gold Investment Companies 2022: Comparison, Fees, Reviews

Are you seeking a way to protect your investment against inflation and economic downturns?

Well, you have probably considered gold investing. But what products or services are out there to help you with gold investing? You’re also probably wondering what types of gimmicks are out there just to take your money and how you can prevent those risks.

We have done the homework for you. We have considered the above concerns and many others. We evaluated many gold individual retirement accounts (IRA) and reduced the list to the best gold IRA companies for our readers. Continue reading to learn more about what these best gold IRA companies offer and how they can protect you and meet your financial goals.

Top 4 Gold IRA Companies quickview

#1 Goldco – Best gold investment companies prices in the industry

The Goldco Precious Metals company has been around for quite a long time and is a great place to invest if you want to roll over into a new gold IRA account or start a gold investment account. A Goldco Specialist can help you protect your assets with a Precious Metals IRA if you have an IRA, 401(k), 403(b), TSP, savings, or another tax-advantaged retirement account.

Goldco also lets its customers buy gold and silver straight from them. A Goldco Specialist can help you understand the range of products and gold IRA services they offer. They will even help you set up your new gold IRA account and customize it to your needs.

The Better Business Bureau gives Goldco an A+, and the Business Consumer Alliance gives it a triple-A. Customers have given them thousands of good reviews because of how well they treat their customers, how reliable they are, and how ethically they run their business.

At the 19th Annual American Business Awards in 2021, Goldco won the Stevie Award for Company of the Year. The company’s nationwide attention has been placed on the Inc. 5000 ranking of the quickest private companies in the country five times in the past few years.

Goldco sells almost only IRS approved precious metal coins such as gold and silver coins . They also work with people who already have or are to open a precious metals IRA. Clients get detailed information, like videos and ebooks, to help them create and build the perfect precious metals portfolio to reach their goals.

Goldco says that their business model and relationships are based on trust and how well their gold and silver experts get along with their customers. Goldco Precious Metals Company delivers one of the best customer services with phenomenal pricing. No wonder customers believe this is one of the top gold IRA companies.

Pros:

Offer easy and assisted account creation.
It has the highest ratings from both BBB (Better Business Bureau) and BCA (Business Consumer Alliance).
Consumer Affairs Accredited rates it a great company.
There are tens of thousands of 5-star reviews on trusted sites.
On their website, you can chat with someone at any time.
One of the lowest annual fees to maintain out of all the gold IRA accounts.
It offers complete transparency, helping you focus on your long-term goals.
The company frequently offers fee-refund promotions that are incredibly attractive since they make your investment more cost-effective.
On the webpage, you can sign up for a free information kit.

Cons:

At the moment, you can’t set up anything online.
They do not take credit or debit cards as a payment option.
There is a minimum investment of $50,000 to open a retirement account.

The minimum investment is $50,000

If you ever want to invest in gold, silver, or platinum outside of the IRA, you must purchase at least $3,500. If you’re interested in retirement accounts, you must invest at least $50,000.

The minimum investment amount of $50,000 is on the high side.

Click here for Free Gold IRA Kit

#2 Augusta Precious Metals – Runner up – great gold ira investment fees

It is a reputable gold IRA company with a long history of giving precious metals IRA, focusing on gold IRA accounts. They provide the safest and most secure precious metals. They collaborated with thousands of clients and have an excellent reputation for being honest about prices and giving all clients exceptional service. They deal with all the trouble of setting up a gold IRA account and figuring out what their clients need, so you can focus on selecting the best gold for your gold investments.

Furthermore, Augusta Precious Metals stands out because of the high quality of its educational videos, which help customers better understand their gold investments. Augusta Precious Metals hires economists from Harvard because they want to ensure their clients are equipped with the best knowledge to make excellent informed decisions.

Their user-friendly website is designed with the customer in mind making it easier for you to navigate and be confident in purchasing precious metals. They also give each customer a personal Gold Assistant who helps them through buying gold.

Since it opened in 2012, Augusta Precious Metals has been on a mission to offer specific services and a transparent fee structure to meet the needs of each client. Augusta Precious Metals is here to help investors decide about their gold IRA rollover or purchase. Instead of getting the most money possible, they focus on building relationships with clients and giving the best customer service.

Pros:

It has a triple-A rating from BCA.
Approved by the BBB.
Setting up a self-directed precious metals IRA is easy. Only three easy steps.
Impeccable services with lifetime assistance.
No maximum investment.
Quickly deliver your precious metals to your preferred depository; arrive at the location within ten days.
Helpful and friendly customer service even after transactions is done.
There were no official complaints against them.
There are a lot of reviews and ratings with five stars on Trustpilot.
Offer live chat on their website 24 hours a day, seven days a week.

Cons:

The minimum investment is $50,000; which is a high entry barrier.
You can’t sign up for an account online.
They offer a small number of gold bullions and other precious metal bullion.

The minimum investment is $50,000

Augusta requires a minimum order of $50,000 to buy its precious metals, whether the money comes from an IRA or not. Your order can be done by buying any combination of the products Augusta Precious Metals offers. Other fees include:

Setup Fee (One-Time)
Fee for appointing a guardian: $50
Annual custodian fee: $100
Example of a storage fee charged by a non-government depository: $100
The total one-time fee is $250.

Click here for Free Gold IRA Kit

#3 The American Hartford Gold Group – Great buy back program on precious metals

The American Hartford Gold Group is the premier gold IRA company by offering a unique and worthwhile service in the precious metals market. They make it simple for customers to purchase, store, and safeguard their investments by providing a wide range of gold and silver goods, storage, and insurance options.

American Hartford Gold Group also has a reputation for offering top-notch customer support. Meanwhile, they offer a vast selection of gold and silver products and storage and insurance services. American Hartford Gold Group is a great option if you’re looking for a dependable company that provides a wide selection of goods and services.

Pros:

BBB says it’s good.
You will be put in touch directly with silver and gold investments experts.
Operate twenty-four hours a day, seven days per week, with their live chat option.
Advisors that help you set up a self-directed IRA.
Offer different types of physical gold products such as gold bullion, coins, bars, etc.
When you buy bullions, they will deliver them quickly and safely, whether to your house or a safe depository.
You can sign up for a free 25-page guide on investing in gold, bullion, and rollover IRAs.
Clients receive a buyback guarantee on each transaction.
Friendly customer service

Cons:

The transactions take between three and five business days to process.
Right now, don’t send bullions outside of the United States.
No pricing is listed on the website.

The flat rate for all American Hartford Gold Group transactions is 1%. Whether you are purchasing or selling gold, a 1% fee is applied to the entire transaction amount. For instance, they would charge $100 if you bought $10,000 worth of gold, and the charge would remain at $100 even if you later sold the same $10,000 worth of gold.

Beyond the 1% transaction fee, there are no other costs, and there aren’t any annual, monthly, or hidden costs. They think it’s important to charge a transparent, uncomplicated fee so that investors understand what they’re getting for their money.

Click here for Free Gold IRA Kit

#4 Birch Gold Group – Great for clients with low investment thresholds

Birch Gold Group is a well-known company that has been working with the precious metals industry for almost 20 years. Birch Gold Group offer various services, from investing and diversifying portfolios to setting up and funding precious metals IRAs. Birch Gold Group also has an A+ rating first from Better Business Bureau, which shows how much they care about their customers. Birch Gold Group is a reliable and experienced company that can assist you in achieving the financial goals you want by buying gold and other such precious metals.

Birch Gold Group is one of the best precious metals companies because they offer a variety of precious metals to precious metals investors. They want people to put some of their savings into precious metals to protect them from inflation, deflation, and other economic problems. Gold, silver, platinum, and palladium are all open at Birch, and you can invest in any of these valuable metals or a mix.

You have the ability to not only purchase stocks but also physical precious metals compared to most gold IRA companies. Birch Gold Group makes setting up a precious metals IRA account a breeze and allow you to diversity between physical and paper assets.

They put you in touch with a gold and silver expert to make getting set up more accessible. This person looks over your case and needs and then tells you what investment you should make. These advisors help you get the most out of your money so your future is safe.

They have excellent ratings on Trustpilot, and all their current customers are pleased with the services they get. If you choose Birch Gold Group, all your bullions will be kept safe in a depository, and they will even deliver precious physical metal safely to your door if you want them to.

Pros:

BCA gave it a triple-A rating.
It has an A+ rating from BBB.
Wide range of IRA products.
Best Gold IRA company to choose if you are a beginner.
Investments over $50,000 are exempt from the annual fee.
Give you help from gold experts and financial planners.
Offer gold, silver, palladium, and platinum, among other valuable metals.
On their website, it’s easy to sign up for their free information guide.
Delivery of physical assets right away and in a safe way
Thousands of 5-star trust pilot reviews

Cons:

The next step is to verify your account by providing some personal information, and then you’re ready to start investing.
No buyback program.
They don’t tell you upfront about all the fees and costs.
It is not compatible with conventional IRAs.
It doesn’t provide assurances.

Click here for Free Gold IRA Kit

Value Editorial (MOST IMPORTANT)

When it comes to your retirement portfolio, a gold IRA can help you get a lot out of your gold investments. Choosing the right plan for many gold IRA companies can be daunting, but we are here to help.

Like everyone else, your current investment situation, retirement plan, and future goals are unique. Each of these gold IRA companies has the skills and knowledge to help you reach your goals for retirement.

When ready to start the gold IRA process, you can’t go wrong with these suggestions for the best gold IRA companies. Your option depends on the company you feel is best for you.

Why Should You Invest in a Gold IRA Company?

When you put your savings into something, you do it to make a profit so that your future is safe. All the other investment options are great, but they may not be good in the long run. With inflation, currency depreciation, and other things that can easily affect the stock, real estate, and cryptocurrency markets, your mind would never be at ease, and you could lose all of your life savings.

Investing in gold is an excellent idea because gold’s value can never reach zero. After all, it is a precious metal and is the least affected by economic instability. Gold investment companies make it much easier to invest in gold than if you tried to buy precious metals on your own.

Gold investment companies put you in touch with financial and gold experts who talk to you about your needs and then recommend the best investment plan for your future. The people who work for the company also make it easy and quick for you to set up your account. Their services are top-notch, and they strictly focus their products on why you chose them: gold.

Benefits of a Gold Investment

Getting involved in the gold investment market right now has a lot of long-term benefits. Here are a few things that make it so safe and profitable:

The Rising Price of Gold

Gold has never really lost its value. Historically, gold’s value on the market has decreased because of inflation, deflation, and other economic factors, but the drop isn’t huge. Gold’s value is resilient and goes back up quickly.

So, if you put money into gold and took it out a few years ago, your return on investment would be great. If you bought gold to keep it for the future, its value would have easily doubled.

Long-term Safeguard and Protection

Investing in gold is the most brilliant way to do this if you want to secure your future. Gold is among the few investments that always pay off, don’t go down in value, and protect against inflation. Over time, gold’s value only goes up. You can’t count on other ways to invest, such as physically holding gold, because they could lose a lot of weight at any time, leaving you with a significant loss.

Gold is the most reliable choice when you need to spend some of your savings in the future because you know it will make you money. Gold IRAs are easy to keep up with because the company takes care of keeping your precious metals safe. They also offer an excellent buyback plan, so you don’t have to worry. Gold and silver also earn interest over time, so you don’t have to worry about their value going down in the future.

Diversification

All financial advisors recommend that people spread out their savings and put them in more than one investment plan. There are many other ways to put capital to work, such as buying cryptocurrency, stocks, bonds, or real estate. Diversifying your savings is very important for your future because if you lose a lot of money in one of your investments, your other investments will protect you.

Financial experts strongly suggest that you put some of your savings into gold since that part will be the least affected by economic instability. Investing in gold is less likely to lose money than investing in the stock market or real estate. Stocks and cryptocurrencies go through significant changes every day and don’t return to normal for a long time. Real estate also has its ups and downs, and you can lose all your money if you don’t know much about the market.

Putting some of your money into gold would help you feel less stressed. Gold IRA companies also make it easier for you to do your profession. Or, inform all you ought to understand about investing in precious metals, so you don’t feel left out.

Tax Benefits

Some gold IRAs don’t tax the money you put in or the money you make. Some gold IRA companies let you take money out of your IRA without paying taxes if you have had the account for a certain amount of time and meet other requirements for each company.

You can get tax credits from some companies if you put a certain amount into your IRA. When you sell an investment stock or property, a portion of the money goes to pay taxes. When you buy gold, the profit is usually so high, and the tax deduction is so low that it doesn’t feel like an extra burden.

Things You Must Know Before Opening a Gold IRA or Investment

Before you set up a gold IRA or investment, keep an eye out for the following items that could hurt your savings or so when you lose so much money:

Gold IRA Fees and Expenses

When you open an account or buy precious metals, many companies don’t notify you of all you need to know, and some companies can be dishonest and sneak in extra Gold IRA fees.

When you set up a company account, there are annual maintenance fees, possible tax deductions, and depositary fees. If you open an IRA, there are also fees for the bank to hold your money. Most of the time, good companies will walk you through their process and make sure you know about any extra costs. All this information is also written down in their paperwork, so double-check these details before signing.

Even though every company has different annual fees, you shouldn’t choose something that seems too expensive. When you find a company that charges you too much, then you should not work with them. You might do better to look somewhere else. There are many companies out there that offer the same services and are honest and open. Always track how much you have taken out of your account annually to ensure no extra money is taken out.

Interest, Dividends, and Yields

One of the best parts about placing assets into gold is that it gives you a high return and more interest. You earn a particular interest in your gold IRA and more interest as your money grows. Many companies tell you the truth about these perks and how to get them. If a company doesn’t inform you of the fact or doesn’t give you these perks, you shouldn’t choose them because many other companies will provide you with a better deal.

The whole point of investing is ensuring that your money is at its best when you need it. If you don’t get dividends or a good return in your gold IRA, it does not benefit you but the company.

Fraud and Theft

You will likely run into scams and fraud, especially when your savings grow. What should you do if a salesperson is too pushy or a company’s offers seem too good to be true? In that case, you should leave the situation to avoid making things worse. A good company never tries to sell you more than you need; instead, it shows you everything they offer and lets you decide what’s best for you.

Keep your personal information and IRA information to yourself at all times. Even if a company worker calls or emails to ask for them. You have to make sure what they are asking is accurate with what your account is. Most companies don’t need this kind of personal information, so you should keep it to yourself to avoid theft or scam.

Stay up-to-date on the news on all platforms so you know about any possible fraud alerts. Research the company before opening an account to ensure they have a secure system, and you won’t lose money.

Guide to Investing in Gold IRA Companies

If you’ve never invested in gold before, here are some essential steps you should know about before you put your money at risk:

Speak with a Financial Advisor or Lawyer

If you want to buy gold or other precious metals on your own, you first should talk to a financial advisor. This step is essential for a beginner because you need someone to help you understand the investment and learn more about it.

Only a financial advisor can help you figure out what you need from an investment and then point you toward the best investment plan. Whether you want long-term benefits or safer options, only a professional can help you decide. Based on your current situation, they will also tell you how to spread your savings and how much you should put into gold IRAs.

Review Current News for Fraud Alerts

Always stay up to date on fraud and scam alerts, and check the news and social media sites daily for market updates. If you want to invest in gold, ‘s final thing you must do is work with a fake company or salesperson. Before joining a company, you should look into it to ensure it’s safe.

Even if you’ve heard nothing but good things about a specific company, don’t sign official contracts with them until you’re sure they’re real. If an offer from a company sounds too fantastic to be accurate, it is a scam.

Find a gold IRA Custodian and Establish the IRA

Once you know what kind of investment plan you want and are set on it, the next step is to find a good gold IRA company you can trust. When you invest a lot of money in a business, you must be sure you can fully trust it. You can only learn so much about the company on your own, and the most important thing is how the company’s clients feel about working with them.

You might be able to find a company that has what you need. Still, you should learn more about the company and how its customers feel about it on different review sites. One of the most reliable platforms is the trust pilot. Most reviews are factual, so a company with a good rating is a good choice.

A further thing that makes a company stand out is if BBB (Better Business Bureau) and BCA (Business Consumer Alliance), two trustworthy platforms, have approved it and given it a good rating. If it checks all the right boxes, you should choose it as the place to set up your IRA.

Establish and Fund the Gold IRA

The next thing to do to finish is to open a gold IRA with the gold IRA provider that has what you need. Top companies usually have a simple three-step process for unlocking your self-directed IRA, and they help you through each step. Make sure the company you choose has a quick and easy way to do business so that you can open your account without having to deal with minor problems at every step.

Once you’ve opened the type of precious metals IRA that works best for you, you’ll need to put money into it. Most businesses accept all forms of payment, but some don’t take credit or debit cards. If that’s not okay, you can work with a different company.

Invest in Precious Metals with Gold IRAs

After you’ve set up your precious metals IRA, you can choose to invest in any of the metals your account company offers. Investing in precious metals with a precious metals IRA is an excellent idea because the value of precious metals goes up over time. This in turn would make your future safer.

Silver and gold IRAs are also easy to manage. After you finish your purchase, the company puts your bullions in a safe place. So you don’t have to be concerned about your gold’s safety.

Most companies offer IRAs in gold, silver, platinum, and palladium. You can choose any of these precious metals or a mix for your precious metals IRA. The type and amount of precious metals you want depend on what you need, which is why good companies put you in touch with gold experts who can point you in the right direction.

Gold IRA Rollovers

With a rollover IRA, you can move money from your current retirement plan to a self-directed IRA. Because gold protects against inflation and economic uncertainty, gold IRAs are much better than a regular IRA. Gold IRAs provide you with many tax advantages that will help maximize your earnings.

Changing to a self-directed IRA is easy, and most companies offer easy rollovers, so you don’t have to be concerned about going the extra mile.

401k to Gold IRAs Rollover

All gold IRA providers that offer gold IRAs make it easy to switch from a 401k to a gold IRA. To do this, take some money from your 401k and put it into a precious metals IRA. Then, use the IRA to buy precious metals. Changing helps you because precious metals keep their value and aren’t much affected by the country’s economic crisis. Physical dollars are more likely to be hurt by inflation and deflation, and these effects can be nasty.

So switching your 401k to a gold IRA is the better choice. You could even make this process easier by choosing a company specializing in gold IRAs rollover, and they will help you develop a plan that fits your needs.

Five Things to Look For When Selecting a Gold IRA Company

Before making a choice about which gold IRA company to work with, you should think about some of the following essential things:

Ratings

BBB and BCA are two of the most reliable places to learn about a company. Their ratings are pretty accurate, and all of the companies approved by these platforms live up to the standards.

IRA Fee Structure

Every company has yearly or monthly fees for maintenance. These fees differ depending on the company you choose and the type of account you open. Most of the time, they cost between $25 and $60. But some companies have very high maintenance costs and charge hundreds of dollars in fees every year. You need to choose the company that matches your goals carefully. Some of the extra fees can add up fairly quickly.

At the end of each year, these fees are taken right out of your account. You could also pay this amount to your gold IRA company separately. When this fee is taken out of your account, it doesn’t affect your taxes in any other way. All companies offer one or both of these ways to pay. Make sure you ask your company about payment options if they do not discuss it upfront.

All official paperwork has these required fees and other important financial information. Review any paperwork with your financial advisor or lawyer before you sign it so you don’t miss any crucial details.

Efficiency & Delivery Time

When it’s about something as important as gold and other precious metals, your heart won’t be at ease until the gold is either in your hands or in a safe, guarded place. When you work with a reputable gold investment company, you should at least be able to count on getting quick and good service. If a company tests your patience and has lousy customer service, it would be hard to build a good relationship with them.

Good companies offer immediate delivery as soon as your transaction is processed in their system. They do this because they know how important something you’ve paid for is to you. When reviewing reviews for any company, immediately eliminate the ones with slow service because that’s the final thing you want when your money is at stake.

If you ever have a question or need help, you want someone to answer you quickly and help you. It really would help if you tried to find companies that offer online chat or helplines accessible twenty-four hours a day, seven days a week.

Pushy Salesmen or Unfriendly Customer Support

If a salesperson is too pushy, it might be a sign that you should change your mind. A good company would never force you to work with them. Instead, they would let their work speak for itself. It also is up to you if you choose to or not to work with the company, and no one should push you in that direction. If you ever feel like that, you won’t be able to trust that company.

When a salesperson talks too much about a product or tricks you into agreeing with them, it makes the company look sketchy. So don’t fall into their trap because it could be a company trying to cheat you.

Before you choose a company, you should also check how good their customer service is. Good customer service would come from people who care more about your comfort than what’s best for them financially. The companies in this guide also provide customer service to make you feel at ease while they work with you, and it is something you should look for in the company you choose.

Other Alternative Investment Options Available

Even though gold is one of the most brilliant things, you should know all the other ways to put your money to work. Cryptocurrency, bonds, stocks, real estate, etc., are all other choices.

Before making any investment, you should know enough about that market. If you don’t know enough about any of these investments, you could lose a lot of money. Even people who know much about stocks and cryptocurrencies never know what will happen.

But all financial experts recommend spreading out your savings, so it’s best to look at all your options before making a choice. Ask your financial advisor and lawyers for help at every step because they know your needs best.

Final Thought – Best Gold Investment Companies

When it comes to precious metals, gold is king. And in today’s economy, more and more people are looking to invest in gold. The best gold IRA company on our list is Goldco. We believe Goldco is a reputable gold IRA company offering various services that benefit investors.

But why Goldco? Well, we considered several factors. These included the company’s reputation, years in business, accreditations, Better Business Bureau (BBB) rating, and awards. We also considered customer reviews, transparency, fees, and whether the company sells IRS approved gold and silver. Goldco Precious Metals meets all of these criteria and more.

Goldco has been in business for over a decade and is the most reputable gold IRA company. The company was indeed certified by the Better Business Bureau (BBB) with an A+ rating and by the Business Consumer Alliance (BCA) with a triple-A rating. Customers have given Goldco thousands of positive reviews, praising the company for its excellent customer service and competitive pricing.

At the 19th Annual American Business Awards in 2021, Goldco won the Stevie Award for Company of the Year. The company has been included on the Inc. 5000 ranking of the quickest private companies in the country five times in the past few years.

The choice is up to you. We know this is an important choice for you, so choose the safest and most comfortable option you can find. Be careful and make a good choice!

Members of the editorial and news staff of the Daily Caller were not involved in the creation of this content.