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3 Best Gold IRA Companies of 2023 [Urgent Update – Must Read First]

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Worried about rampant inflation?

Tired of seeing your stock portfolio continue to bleed?

If, like me, your answer to these questions is “yes” then you’re probably wondering what the best gold IRA companies are so you can protect your investments.

If you aren’t sure what the future of the economy holds in light of all the money printing we’ve been seeing, watch the video below by Ray Dalio (one of the smartest and richest investors in the world). 

This video walks us through the exact timeline of when and how the economy will unravel due to currency devaluation, how important gold and silver are, and what you should do to prepare.

When it comes to retirement planning and wealth building, most people think about stocks, mutual funds, and other investment vehicles. However, there is another option that is becoming increasingly popular for protecting retirements – gold IRAs (precious metals).

And for good reason too. 

With inflation running out of control, there’s never been a better time to hedge against inflation than with a precious metals IRA.

Investing in a gold IRA allows you to hold physical gold in a safe and secure account, giving you peace of mind in the event of a financial emergency. But with so many companies offering this service, how do you know which one to choose and what the best gold IRA company is for your needs?

In this article, I ranked the top 3 gold IRA companies and reviewed their products and services so you can know what the best gold IRA company is for you. 

If you’re looking to protect your capital from the effects of a weakening economy and rising inflation, a gold IRA is a wise decision.

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Let’s get started.

How I ranked and determined the best gold IRA companies?

  1. Reputation – I performed in-depth analysis of each company’s reputation in the industry, as well as their customer reviews. It’s essential to only invest with a reputable gold IRA company as there are many scams out there. I spoke with authorized representatives at each company and researched company reviews with the BBB (Better Business Bureau), Trustpilot, Google & Facebook reviews, and across many other platforms.
  2. Products – I considered the types of products each company offers, as well as the quality of those products (silver and gold are the main offerings most people look to in a precious metal IRA). Each of these companies has stellar product offerings that are far above the competition.
  3. Fees – I looked at the fees associated with each company, including setup, maintenance, and storage fees. All of my recommendations have minimal fees, which is crucial in terms of selecting the best gold IRA company.
  4. Ease of Use – I considered how easy it is to use each company’s platform, the educational materials offered on precious metal investing, how user-friendly their process is, and how much support they offer in getting customers set up with precious metal IRAs. Setting up a precious metal IRA is not as easy as clicking the “buy” button at your broker (like a traditional IRA account that holds stocks from the stock market), so it’s key that the gold IRA provider makes the buying process as simple as possible.
  5. Security and Storage – I analyzed each of the gold IRA providers and their solutions for safely storing and securing customer precious metals. Each of these providers uses max security facilities (with their gold IRA custodian options), security procedures and processes, and insurance to cover your precious metals and gold investment. If you open a gold IRA with one of these providers you can know that your assets’ protection is their highest priority.

These are just a few of the factors I took into consideration when ranking the best gold IRA companies. Overall, Augusta Precious Metals, GoldCo, and Birch Gold are the best options in the industry to invest in precious metals of many kinds and for purchasing gold bullion (coins and bars) within your retirement accounts.

What are the best gold IRA companies?

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Augusta Precious Metals

best gold ira company - augusta precious metals

When it comes to gold IRAs, Augusta Precious Metals is one of the best companies in the business. With over two decades of experience and a sterling reputation, they are known for their exceptionally high-quality products and customer service.

Find my complete Augusta Precious Metals review here.

Some of the benefits of working with them include:

  • Experienced and Reputable Company – They have been in business for over two decades and have a sterling reputation in the industry, the Better Business Bureau, Trustpilot, and every other reviewer we’ve come across. They are known for their high-quality products and customer service.
  • Fast and Easy Setup – Setting up a gold IRA with Augusta Precious Metals is fast and easy. You can have your account set up within 15 minutes and start investing in gold right away.
  • Wide Selection of Gold and Silver Products – A broad selection of gold so you can find the perfect investment for your needs (gold and silver bars, coins, and premium options so you can find the perfect investment for your portfolio).
  • Low Fees – Some of the lowest fees in the industry (just $100 per year for storage and $100 per year for custodian maintenance) making it easy to invest in gold without breaking the bank.
  • 24/7 Customer Support – 24/7 customer support so you can always get help when you need it.
  • Excellent ratings — Highly rated with the BBB, Business Consumer Alliance, Trustlink, Google My Business, Facebook, and more.
  • Minimum investment — $50,000

Overall, Augusta Precious Metals is one of the best gold IRA companies out there and is highly recommended for anyone looking to hedge against inflation by investing in gold.

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Key Features

  • Fast 15-minute setup
  • Easily rollover your existing IRA, Roth IRA, 401k, 403(b)
  • Lifetime support for you and your family’s portfolio
  • Dedicated support to help you set your gold IRA account up
  • Depository with state-of-the-art security (non-government storage)
  • Premium gold and silver options
  • The only company with ZERO BBB or BCA complaints since 2012 inception

Bottom Line

Augusta Precious Metals is our top pick of the best gold IRA companies out there and is highly recommended for anyone looking to hedge against inflation by investing in precious metals. 

Their experienced team makes it extremely easy to set up your account and start investing in gold, and they offer a wide selection of products so you can find the perfect investment for your needs. 

With 24/7 customer support and low fees, Augusta Precious Metals is the best choice for anyone looking for peace of mind.

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Goldco

best gold ira - goldco

Goldco is one of the best-known and most-trusted names in gold investing. When you work with Goldco, you can be confident that you’re getting the best possible service, products, and value.

Find my complete Goldco review here.

Some of the key benefits of working with Goldco include:

  • Excellent Reputation – With stellar ratings with BBB, Trustpilot, Google reviews, and more, they have an excellent reputation and are highly respected within the industry.
  • Wide Product Offering – Goldco offers a wide variety of products and services, so you can find exactly what you need.
  • Easy Rollover – Goldco is easy to work with and makes it simple to get started with your gold IRA. Easily rollover your IRA, Roth IRA, 401(k), 403(b), TSP, savings or another tax-advantaged retirement account.
  • Industry-Leading Buyback Offer – If your circumstances change down the line, Goldco offers to buy back your precious metals at the highest price.
  • Customer Service – The company is committed to providing excellent customer service and support and receives high customer service remarks.
  • Minimum Investment – $25,000

best precious metals ira goldco

Key Features

  • Over 2500 5-star customer ratings
  • Premium gold and silver coins and bars
  • Goldco specialist to walk you through the whole process
  • Easy IRA rollover

Bottom Line

If you’re considering opening a gold IRA, Goldco is a fantastic option and is well worth considering. They have a sterling reputation in the industry, excellent customer service, and a top-of-the-line product offering to ensure your dollars are wisely invested.

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Birch Gold Group

best gold and silver ira - birch gold group

When it comes to gold IRA companies, Birch Gold Group is a standout performer. Not only do they have some of the best prices on gold and silver in the industry, but their customer service is top-notch. They also offer a wide variety of products to choose from, which makes them a great option for investors of all experience levels.

Some of the key benefits of working with Birch Gold include:

  • Excellent Ratings & Reviews – Over the past 20 years of existence they’ve built an A+ rating with the BBB, a 5-star rating with Trustlink, AAA rating with Business Consumer Alliance, and excellent ratings across many media platforms.
  • Professional Team to Help You – A dedicated team of professionals in the financial space to walk you through the entire process and make it smooth and easy.
  • Wide Product Selection – Unlike our other picks they not only offer gold and silver but platinum and palladium too to further diversify your portfolio.
  • 1-on-1 Care – You get matched up from the beginning with a precious metals specialist to answer all of your questions and make sure you get the right investment for your situation.
  • Industry-Leading Depositories – Choose from several high-security depository partners to store your precious metals.
  • Minimum Investment – $10,000

Key Features

  • Modest fees for setup, maintenance, and storage
  • Below average $10,000 minimum deposit
  • 1-on-1 precious metals specialist to assist you
  • Excellent educational resources
  • Gold, silver, platinum, and palladium options

Bottom Line

Overall, Birch Gold Group is a great choice for anyone looking to invest in gold and silver, but especially if you’re wanting alternatives like platinum and palladium. Their stellar reputation, low prices, excellent customer service, and wide selection of products make them one of the best options in the industry.

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F.A.Q.’s

What is a gold IRA?

A gold IRA is an Individual Retirement Account (self-directed) that contains physical gold. When you invest in a gold IRA, you’re investing in a hard asset that can protect your portfolio during times of economic instability. Gold has been historically proven to be a safe investment, and by having it as part of your IRA, you can rest assured knowing that your retirement savings are protected.

When you buy gold, silver, platinum, and palladium within precious metals IRAs, you are purchasing the physical bars or coins that are pre-approved by the IRS (IRS approved coins or bars are the only ones you can hold in precious metals IRAs) to be eligible for self-directed IRA retirement accounts.

Are gold IRA’s a good investment?

Investing in a precious metal IRA (with palladium, platinum, gold, or silver) is a great way to diversify your retirement portfolio and hedge against rising inflation.

Over the last 5000 years, gold has held its value and has never been worthless. On the other hand, thousands of paper currencies (like the dollar) have eventually failed and become worthless. Securing your existing retirement with a gold or silver IRA is a wise thing to do if you don’t want to be stuck selling things around your house to fund your retirement.

People don’t invest in precious metals for appreciation or as a speculative investment, they do it to protect their precious savings from a collapse of the economy and complete destruction of everything they have worked so hard to attain.

Are gold IRA’s safe?

When you invest in a gold IRA you are not purchasing shares of stock in a company, you are buying physical bars or coins of precious metals. These assets are then stored in a max security depository (like the one at the NYMEX COMEX warehouse) by an independent custodian that is approved by the IRS. This ensures that your precious metals IRA is safe and secure and that your assets are protected against theft, loss, or damage.

Additionally, most precious metals IRA providers offer insurance to cover the value of your investment in case of theft, loss, or damage. So not only is your investment physically safeguarded but it is also insured for its full value.

Is a gold IRA a good idea?

A gold or silver IRA is a wise decision if you are looking to protect your assets against the uncertainty of a weakening economy. If you foresee turbulent times ahead, protecting a portion of your portfolio with a precious metals IRA is a great way to ensure there will always be something there in your retirement account. Gold and silver have held value for as long as civilizations have been around.

Why invest in a gold IRA?

The main reason to invest in a precious metal IRA is that you are wanting to hedge against a weakening economy. In the event of a collapse of your economy, your paper money would become virtually worthless, while hard assets will always retain value in some form.

Should you buy gold coins or bullion?

You can buy either coins or bullion, just make sure that the individual product is approved by the IRS to be held within your retirement account as they only allow a certain degree of quality to be invested there.

Who has the Best gold IRA?

Augusta Precious Metal, Birch Gold Group, and Goldco are my top picks for the best Gold IRAs available. They are head and shoulders above the competition in terms of quality, security, customer service, and selection. Here’s a comparison between Augusta Precious Metals and Goldco.

Are gold IRAs worth it?

They are worth it if you want to protect your retirement accounts from a weakening economy (whether that’s inflation, war, or total economic collapse).

Which IRS-approved precious metals can you have in your gold IRA?

Gold, silver, platinum, and palladium can all be held within a gold or silver IRA — these can be coins or bars. Make sure that the metals you purchase are of the highest quality possible as the IRS has regulations on what quality can be held within.

What’s a gold IRA rollover?

A gold IRA rollover (see my complete gold IRA rollover guide here) is when you move assets from one retirement account (like a 401k) into another (like a gold IRA). This can be done with any type of investment but is often done with gold, silver, platinum, or palladium as it’s a great way to protect your savings from economic collapse.

How much are gold IRA fees?

Fees vary depending on the company that you choose, but the fees for our top choices range from about $100-$300.

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CONCLUSION

When it comes to gold IRA companies, Augusta Precious Metals, GoldCo, and Birch Gold are the best options available. They all have excellent reputations, offer a wide variety of products and services, and have received stellar customer reviews.

So if you’re looking to invest in a gold IRA, any of these three companies would be a great choice and you can rest assured that your investments are safe in their hands.

Husband of 10+ years, father of 4, and savvy in all things (ok, let’s be modest, most things) personal finance. My aim is to help free a generation from the chains of dumb money habits destroying lives. I’ve made my fair share of mistakes along the way, but through a slightly obsessive pursuit of financial freedom, I’ve learned a thing or two. Now I’m here to share it.

Affiliate Disclaimer: This website is user supported and I make a small commission on some of the products recommended here. I only recommend products to you that I believe in and highly recommend.