Investing in gold IRAs can be complicated, but we’ve researched the companies that offer the safest and most cost-effective ways to own gold in an IRA. With the various good options available, it is becoming difficult to select and recommend selected IRA companies for precious metals. The best Gold IRA companies provide clients with objective educational materials, investment information, and quick customer service. The leading Gold IRA companies offer unbiased educational resources, investor information, responsive customer support, and easy account setup
.
A reputable Gold IRA company will also offer competitive prices. You should avoid those with high IRA fees, even if they offer you a free first year of storage. Oxford Gold Group offers investors two different options for storing a precious metal IRA. You can choose between the Brinks Depository in Salt Lake City, Utah, or the Delaware Depository in Wilmington
, Delaware.
Preserve Gold is a full-service IRA dealer for precious metals that offers an extensive catalog of gold, silver, platinum, and palladium coins and bars for purchase. The company is aimed at first-time and experienced investors and offers lifetime account support from a dedicated asset protection specialist. Exclusive market research and analyses are available to all customers. While these custodian banks aren’t as widespread, some popular gold IRA companies include Orion Metal Exchange, Oxford Gold Group, Lear Capital,
and Goldco.
Unlike a gold ETF, an exchange-traded fund that tracks the performance of gold, a gold IRA allows you to hold the physical precious metals as long as you store them in an IRS-approved depository. Some simply track the spot price of gold by trading futures and options, while others invest in gold stocks. For example, you won’t find a gold IRA option with any of the largest and most reputable brokerage firms. Investing in a gold IRA is a great way to diversify your retirement portfolio and minimize the volatility
of your assets.
Gold IRA companies differ in that some allow you to choose between multiple custodians and depositories, while others require that you use custodians and custodial services of their choice. But unlike a traditional IRA, which typically holds paper assets such as stocks, bonds, funds, ETFs, and cash equivalents, a gold IRA is set up exclusively to store physical gold or other approved metals. All in all, investing in a gold IRA is a smart option to consider if you want to stabilize and diversify your portfolio. Birch Gold Conclusion Birch Gold is one of the world’s leading IRA precious metals companies and has a reputation for helping many customers achieve their dream of diversifying their savings and becoming the proud
owners of gold.
Gold IRA companies that charge investors gold prices closest to the COMEX price received lower ratings than companies with higher premiums. Gold and precious metals ETFs offer the same hedging qualities and can be easily added to a standard IRA via a traditional broker. You can invest in gold ETFs that own physical gold, such as SPDR Gold Trust (GLD) or iShares Gold Trust (IAU). When you come across an IRA company that offers their services for free, you may not be able to trust them to invest the required expertise and time to make a reliable Gold IRA
possible..