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Best Gold IRA Companies

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    Many are turning to gold individual retirement accounts (IRAs) because precious metals have been able to stand up well against inflation and uncertain times. If you want to buy gold to diversify your retirement portfolio with precious metals, you need to use a top-rated gold IRA company. Not all gold or precious metals are IRA-approved, so it is essential to work with a notable company that has its own financial experts.

    We’ve gathered the highest-rated gold IRA companies on our site below based on recent customer reviews, storage options, minimum investment amounts and annual fees.

    Gold and other precious metals 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 top 7 picks for gold IRA companies

    Many companies in this industry are similar, but the best stand out for their professionalism and transparency. Our picks for gold IRA companies generally offer an easy investment process, reasonable fees and ongoing support.

    Our picks for the best gold IRA companies are based on customer reviews, selection and online shopping experience, among other factors. Our picks may be Authorized Partners who compensate us — this does not affect our recommendations or evaluations but may impact the order in which companies appear. Read our full methodology to learn how we picked companies.

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    Compare our top 7 choices for gold IRA companies


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    All information accurate as of time of publication.

    More details on our top choices for gold IRA companies

    Many of the gold IRA companies require consultations before you know all of the costs. It is a good idea to find out which storage facilities each company uses in addition to prices and customer service for each.

    Best for large investments
    IRA metal options
    Gold, silver, platinum and palladium
    Minimum investment amount
    Annual fees

    With Patriot Gold Group, you can work directly with one of the company’s owners to open or roll over a precious metals IRA. With a minimum investment of $50,000, most IRA account holders will pay no annual fees in the first year, and then $200 per year in combined storage, insurance and administration fees after that. Qualifying IRAs can receive the benefit of “no fees for life,” meaning Patriot Gold will reimburse or pay the rollover fees, storage and insurance fees. Plus, you will be able to set up your account within 24 hours.

    As an investor, you can choose between a precious metals IRA or non-IRA gold, silver, platinum and palladium investments. Shipments of non-IRA precious metals are free, and free storage is provided to investors who purchase around $100,000 or more in precious metals.

    Gold and silver prices are not posted directly on the site, and you will need to request a quote on the pieces you want to invest in. This part of the website seems clunky and hard to navigate. Customer service is available through phone, email or online chat.

    Top factors of using Patriot Gold Group include:

    • Work directly with a company owner
    • Low fees for those with significant investments in precious metals

    Some concerns of using Patriot Gold Group:

    • No prices posted
    • Website is difficult to navigate

    Many felt that Patriot Gold Group answered all of their questions and took an interest in each investor. Customer service received praise from many ConsumerAffairs readers. One New York reviewer said: “All of my questions and concerns prior to purchasing as a new customer were promptly and honestly answered by knowledgeable representatives. The transfer of money was simple via ETF. Delivery of the gold and silver was completed quickly. I am completely satisfied with PGG's performance and would recommend them to future buyers.”

    There are no negative reviews of Patriot Gold from ConsumerAffairs readers in the past four years.

    Best for beginners

    Advantage Gold

    IRA metal options
    Gold, silver, platinum and palladium
    Minimum investment amount
    Annual fees

    Advantage Gold is based in Los Angeles and offers IRS-approved gold, silver, platinum and palladium for self-directed retirement accounts. Investors can see which coins Advantage Gold has to offer online, but all purchasing has to happen over the phone or in person.

    It works directly with STRATA Trust Company and Equity Trust as its IRA custodians. STRATA charges $95 annually for precious metals IRAs, either $100 or $150 annually for storage (depending on the type of storage you choose), and a $50 account setup fee. Equity Trust charges $50 for an account setup fee and $80 annually for account management. Investors can choose nonsegregated storage for $100 per year or segregated storage for $150 per year.

    You must keep your self-directed gold IRA stored in an IRS-approved third-party depository. Advantage Gold uses Brink’s Global Services, which is located in Los Angeles and Salt Lake City, and Delaware Depository in Wilmington, Delaware.

    Advantage Gold customers have the option of a simple buyback process. At any time you wish to sell back metals bought from Advantage Gold, it will pay the fair market value for them. All it takes is a quick form via fax or email, and the process should be complete within 24 hours.

    Our favorite features of Advantage Gold include:

    • Guaranteed buyback program
    • Platinum and palladium IRA options

    Some downsides of using Advantage Gold:

    • Limited storage locations
    • Coin prices not online

    Many chose Advantage Gold because the employees were patient and did not rush the sale. Many who chose Advantage Gold said they were new to this area of investing, and Advantage Gold answered all questions thoroughly and took the time to make sure each customer felt confident in their decisions. One Oregon reviewer who was new to gold investing said: “I found Teddy to be very knowledgeable, patient, articulate and joyful. He helped me to feel confident and excited about my first experiences with investing in gold, both buying gold coins and bullion, and transferring my self-directed traditional IRA into metals. I look forward to continuing my investing relationship with Teddy and Advantage Gold. Much respect and gratitude!”

    Negative reviews are minimal with Advantage Gold, with one customer upset about the minimum purchase point. Another felt that Advantage Gold was a little too pushy to get them to buy products.

    Best for low fees
    IRA metal options
    Gold, silver, platinum and palladium
    Minimum investment amount
    Annual fees

    Orion Metal Exchange, started in 2017, has co-founders with over 40 years of combined experience in the precious metals industry. Orion Metal Exchange is a full-range gold dealer offering precious metal IRAs and non-IRA investments for personal purchases. Nonretirement purchases can be stored in an insured storage vault or delivered with insured home delivery.

    Orion Metal Exchange offers a full-service, in-house IRA department for the life of the account. Every IRA commercial depository and third-party storage facility is insured by Lloyd’s of London for the value of the precious metal holdings. A precious metals IRA is subject to a one-time setup fee of $50. Annual storage and insurance fees range from $170 to $270, depending on the type of storage facility chosen (though higher fees are charged for investment values of $500,000 or more).

    Customers can choose from several coin options online. You must make a minimum purchase of $10,000, and shipping is a flat-rate cost of $39. Investing a minimum of $30,000 will help you take advantage of all the promotions the company offers. For IRA-approved coins and precious metals, you will need to call customer service and lock in a rate. Investors can add gold, silver, platinum and palladium IRA-approved metals to their IRA.

    When you are ready to sell or liquidate your precious metals, Orion Metal Exchange can help with that, too. It offers fee-free buybacks for its customers. To do this, customers need to do a 30-second phone call with the company for a guaranteed buyback price.

    Orion Metal Exchange Gold is a good choice for:

    • Low annual fee for storage and insurance
    • No-fee buyback policy

    Be aware of the following:

    • Many transactions over the phone
    • $39 shipping fee

    Orion Metal Exchange is recommended by reviewers for its friendly and helpful customer service. Most felt comfortable and confident buying through the company. “I researched the other metal firms and found Orion to be reputable, responsive and professional. Four times this year I’ve rolled over sizable assets from my 401(k), where it has a -26% rate of return, into a metal IRA,” said a reviewer in Wisconsin. “I have full access to my metals IRA account. … Never has there been any kind of ‘bait and switch’ or misleading information. Very trustworthy and upfront. Transactions are easy and straightforward.”

    The company has minimal complaints, especially when it comes to IRA investing. Some customers wished for more variety in personal purchases.

    Best online tools
    IRA metal options
    Gold and silver
    Minimum investment amount
    Annual fees

    Established in 2012, Augusta Precious Metals helps investors diversify their portfolios with gold and silver investments. Investors must purchase at least $50,000 in either non-IRA purchases or IRA purchases. There is no maximum purchase limit.

    All purchases must be made over the phone, and both bullion and premium prices are locked in once your order is confirmed via phone and payment is received. For IRA investments, your precious metals will be delivered with free shipping and insurance to one of 11 storage facilities within the U.S. You can choose the facility location and even visit it if you make arrangements with the custodian. All precious metals are insured against covered losses.

    Custodians charge $250 for the first year to administer your gold or silver IRA and $200 for each year after that. Your annual fee does not change no matter how large your investment account becomes. Additionally, fees may apply for Augusta to serve as a liaison between you and the IRA storage facility.

    Augusta offers buybacks, though it will not guarantee buybacks.

    Augusta Precious Metals is a good fit because it has:

    • Many storage facilities available
    • Free shipping and insurance

    Before using Augusta Precious Metals, consider the following:

    • Only gold and silver
    • High minimum purchase amount

    Many chose Augusta Precious Metals based on a knowledgeable presentation the company gave. Reviewers learned a lot about investing and precious metals IRAs without feeling like they were being sold to or pressured into making a decision. A Wisconsin customer said: “I'm new to precious metals and transferring part of my IRA to a new precious metals IRA was a scary thought. These folks put my mind at ease and made the transaction seamless!”

    Some customers identified the price of the gold and silver as a drawback; others felt Augusta fees were high.

    Best IRA rollover


    IRA metal options
    Gold, silver, platinum and palladium
    Minimum investment amount
    Annual fees

    Goldco, a popular pick in the precious metals industry, allows investors to roll over their 401(k), 403(b), 457 plan and pensions worth at least $25,000 to a precious metals IRA. Goldco has made over $1 billion in precious metals placements within the past decade.

    Goldco works with all major self-directed IRA custodians. All metals owned by your IRA are stored securely in a depository until you are eligible to take distributions at age 59 ½. At that time, you will be able to choose your distributions as cash or in the form of precious metals.

    A one-time startup fee of $80 is charged for new self-directed IRAs, and the annual IRA storage fee is $200. Goldco does not charge an additional wire transfer fee or annual maintenance fee.

    Since Goldco is a full-service precious metals firm, you can also buy gold and silver to keep in your home, though no prices are listed, and these investments will not be part of your IRA. It also offers a buyback program that is guaranteed to give you the highest offer for your precious metals. However, be sure to review all the terms and conditions and clarify with the company that the buyback is guaranteed.

    You can sign up for a free investment kit if you’d like to learn more about investing in precious metals.

    We like Goldco for its:

    • Wide range of eligible retirement accounts for rollover
    • Guaranteed buyback program

    Be careful of the following:

    • Only gold and silver are available for purchase outside an IRA
    • Pricing unavailable for direct purchases of precious metals

    Customers chose Goldco because they were given an extra 10% of silver for free with their investment. Many customers felt valued and treated like Goldco’s most important customers. An Arkansas reviewer said: “Everyone was very friendly and professional. Our questions were answered satisfactory. We were so satisfied with our purchase that we called back to roll over part of our 401(k) and also had our daughter call them to make a purchase.”

    Some investors were upset over Goldco’s fees, reporting that there were no clear prices listed and that employees contradicted themselves on different costs. Others felt that Goldco overcharged them for their coins.

    Best overall
    IRA metal options
    Gold, silver, platinum and palladium
    Minimum investment amount
    Annual fees

    Noble Gold Investments was established in 2016, and its founders have over 20 years of combined experience in buying gold and silver. It specializes in IRA-approved metals, such as gold, silver, platinum and palladium. New investors can receive a free investment kit to better understand how Noble Gold works and which precious metals are best for their retirement portfolios.

    Getting started with Noble Gold is simple; it takes about five minutes to fill out your application. Within 24 hours, a Noble Gold advisor will contact your new custodian to get your account set up. At this point, you will know if there is any special additional paperwork you need to submit.

    All IRA-approved metal investments are stored in a secure, IRS-approved vault in a segregated storage system. Storage locations are in Texas, Delaware and Mississauga, Ontario. You can view your investments online 24/7, 365 days a year. Additionally, you can schedule to see them in person.

    The first-year IRA opening fee is $50, and there’s also an initial wire transaction fee of $30. Annual account maintenance costs $100, and the annual storage fee is $150. So, combined annual fees for a precious metals IRA with Noble Gold are $330 in the first year and $250 per year after that.

    Gold and other precious metals are also sold directly to investors using a flat fee structure, but actual prices are not posted online. Investors can choose between coins and bars. The company offers a buyback program for investors who want to liquidate their precious metals in the future.

    Noble Gold Investments is good for the following:

    • Affordable segregated storage
    • 24/7 access to investments online

    Before choosing Noble Gold, consider these factors:

    • Prices for direct purchases of precious metals are not published online
    • Limited storage facilities

    Customers love Noble Gold for its easy, transparent transfer process. Many reviewers were able to quickly roll over their accounts without issue. “When navigating the procedures of moving a traditional securities IRA to a precious metals investment/hedge, there are several hurdles to clear. … Noble Gold made this maneuver almost effortless,” said a Texas customer.

    A few customers were disappointed with customer service and felt the reps did not follow up with them in a timely manner.

    Our pick for customer service

    Lear Capital

    IRA metal options
    Gold, silver and platinum
    Minimum investment amount
    Annual fees

    Established in 1997, Lear Capital offers IRA-approved metals, such as gold, silver and other precious metals. What we appreciate most about Lear Capital is the hands-on customer service it provides to its clients. Not only can you get help with purchasing precious metals, but Lear Capital also assists with IRA rollovers or transfers. If investors are looking to convert their 401(k) retirement accounts to gold and silver, it can handle the process for you.

    The Lear Advantage IRA, which is a self-directed IRA, can be backed by gold, silver and platinum. It offers free setup and storage charges depending on your investment amount. Invest or roll over $75,000 or more and you will get your first three years of storage fees waived.

    All buyers get a 24-hour risk-free purchase guarantee, meaning you can review and cancel your order within 24 hours of purchase — no questions asked or fees charged.

    We prefer Lear Capital for the following:

    • Fees waived
    • 24-hour risk-free purchase guarantee

    Before choosing Lear Capital, consider these factors:

    • No palladium options

    Reviewers said they appreciated the level of interaction and customer service from Lear Capital. Kelly from Florida said, “I love the fact that Morrey is so personally involved in the transactions. He phones regularly to let me know what is going on in the market or if it is a good time to buy. Excellent customer service.”

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      What is a gold IRA?

      A gold IRA is a self-directed individual retirement account that holds gold (or other approved metals) instead of paper assets. This means you can use a gold IRA to purchase actual, physical gold. However, you don’t hold the gold yourself — it’s stored in a secure depository. (If you want to buy gold directly and hold it yourself, you can buy it from a gold dealer.)

      Even though your gold is stored securely, there are some risks. While gold has historically held its value during inflation, it can be volatile in the short term and hard to sell at a fair price at times.

      How does a gold IRA work?

      A gold or silver IRA functions much like other individual retirement accounts, but your investments are in gold and other precious metals, including silver, platinum and palladium.

      Most people start a gold IRA by rolling over from an existing IRA or 401(k). Most gold IRA companies have a required initial minimum investment. This can be as high as $50,000, but it really varies by company. Your gold IRA company or gold dealer can then help you purchase the metals for your IRA. Once you open the account and purchase your precious metals, the physical metals are stored in a secure storage facility called a “depository.”

      You can expect different commissions and fees for account setup, storage and account maintenance. Your IRA custodian, or trustee, manages the account and will be your main point of contact.

      When you want to access your investments, contact your custodian or trustee and fill out the necessary forms. You can then sell your precious metals or take possession of the physical gold, silver, platinum or palladium. You may have to pay penalties if you withdraw funds before the age of 59½ or if you haven’t had the account for a certain amount of time.

      What to look for in a gold IRA company

      If you want to invest in gold as part of your retirement plan, here are tips for navigating the world of gold IRAs.

      Research company reputation
      Many companies in this industry are similar, so look for companies that have competitive prices, good customer service and an easy investment process.

      Then, spend time reading online reviews from clients to learn more about their experiences. Some scammers can appear legitimate, so it’s vital to consider how many years a company has been in business and what reviewers say about it. Choose a company that completes transactions honestly and transparently.

      Also, avoid companies that advertise “special” home storage offers or “collectible” coins for IRA use. Neither of these is generally allowed by IRS regulations.

      Consider the depository
      Many gold IRA companies offer multiple vault options. These can be as simple as a choice of location or as detailed as letting you choose your preferred method of storage. For example, you may have two types of depositories available:
      • Allocated depositories: In an allocated depository, your asset inventory is kept in something resembling a safety deposit box, and your coins or bars are separate from anybody else’s inventory.
      • Unallocated depositories: Unallocated depositories store precious metals based on their size, weight, year and refinery. When distributed, investors receive the same type of gold coin or bar they purchased, but it probably won’t be the exact same physical object.
      Stay up to date on spot prices
      Like with other commodities, the price of gold is determined by the market, meaning gold prices fluctuate over time. Keeping up with this spot price is important if you want to buy low and sell high.
      Always request detailed receipts
      Vault receipts, sometimes called warrant or warehouse receipts, prove the ownership of your precious metals and confirm transfers. Detailed receipts are often necessary to prove or disprove the value of metals at the time of purchase.
      Follow all IRS gold IRA rules and regulations
      Gold coins offer unique investment opportunities, but their worth and legitimacy must be proven. Numismatic (collectible) coins are often not IRA-eligible, and the IRS has specific requirements for what types of bullion (precious metals sold by weight) are acceptable for use in a gold IRA.

      » MORE: How to invest in gold

      Gold IRA pros and cons

      Investing in a gold IRA has many of the same risks and benefits as any retirement account. You might see some tax benefits, but your money is mostly locked away until you’re of retirement age. Still, there are some notable pros and cons to a gold IRA.

      Perhaps the most significant benefit of a gold IRA is it allows you to diversify your retirement portfolio into a different kind of investment. Gold IRA companies like to emphasize the stable value of gold relative to paper assets in times of economic uncertainty.

      However, gold and silver prices have their own potential for volatility, and they don’t pay dividends or produce steady income. Furthermore, there is no guarantee of the future worth of gold. Robert R. Johnson, PhD, CFA, CAIA, a professor of finance at Heider College of Business, Creighton University, said, “The price of gold is not determined by its intrinsic value but simply by its expected selling price to someone in the future.”

      Precious metals IRAs also tend to have higher fees and storage costs compared with traditional or Roth IRAs.


      • Portfolio diversification
      • Long-term stability
      • Hedges against inflation


      • High annual fees
      • No interest or dividends
      • High minimum deposit requirements

      » MORE: What is a good investment?


      Can I take physical possession of gold in my IRA?

      You can’t take physical possession of gold currently in your IRA. It must be stored in an IRS-approved facility, and you could be subject to high penalties if you store gold from your IRA in your home.

      However, at the end of your IRA term, you can liquidate your gold assets for cash or take possession of your gold without penalty.

      Can I have more than one IRA?

      You can keep a traditional IRA and also open a self-directed IRA for gold or other precious metals.

      What is a gold IRA rollover?

      A gold IRA rollover allows you to move your retirement savings from an existing retirement account into a gold IRA. Most brokers offer no-fee rollovers, but you should ask if you aren't sure about your broker’s rules. You can roll over the following types of retirement accounts:

      • Roth IRAs
      • Traditional IRAs
      • SEP IRAs
      • SIMPLE IRAs
      • Annuities
      • 401(k)s
      • 403(b)s
      • TSPs (Thrift Savings Plans)
      What is IRA-eligible gold?

      Gold must meet specific standards set by the IRS to be eligible for use in a gold IRA. Eligible gold products must:

      • Meet minimum fineness requirements of 99.5% purity
      • Not be considered highly collectible
      • Come from a U.S. Mint or an approved foreign mint


      The ConsumerAffairs research team started with a list of 18 gold IRA companies. To narrow this list down, we first eliminated companies with an overall satisfaction rating below 3.5 stars, leaving 12.

      We then required our top picks to have at least twice as many 5-star reviews as 1-star reviews on our site over the last year (September 15, 2020, through September 15, 2021). In total, we analyzed more than 800 verified reviews.

      To make the final selections, we scored companies based on the difference between their 5-star and 1-star reviews factored by the ratio of 5-star reviews to all other star ratings.

      Our recommendations are based on recurring themes in the positive reviews or standout features identified by our editorial team. For example, our pick for IRS rollovers has a relatively high density of the words “rollover” and “transfer” in recent 5-star reviews. Our pick for “low minimum investment” has the lowest minimum investment requirement of all our picks.

      Not sure how to choose?

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        Article sources
        ConsumerAffairs writers primarily rely on government data, industry experts and original research from other reputable publications to inform their work. Specific sources for this article include:
        1. Internal Revenue Service (IRS), “ Traditional and Roth IRAs .” Accessed July 23, 2021.
        2. Internal Revenue Service (IRS), “ Investments in Collectibles in Individually-Directed Qualified Plan Accounts .” Accessed September 16, 2021.

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