Read these Review to Find the Best Gold Dealers for Your IRA
Alex Long- Gold has been a popular investment choice.
- Investors can buy gold coins, bullion, or mining stocks.
- Gold dealers are companies that buy and sell gold and related investments.
- Investing in gold is a popular way to diversify an investment portfolio.
- Gold dealers are companies that buy and sell gold and related investments, such as bullion, coins, and mining stocks.
- Gold dealers can charge commissions on transactions, and these commissions can vary depending upon the type of gold purchase.
Gold and gold related investments are popular among investors. Investing with gold can involve buying coins, bullion, or mining stocks. IRA investors can invest in these assets through gold dealers. This article provides an overview of how gold dealers operate and what to look for when selecting the right gold dealer.
Where to Find the Best Gold Dealers for Your IRA
1. Local Coin Shops
These are smaller, locally owned coin shops that deal directly with investors and are well versed in IRAs and precious metals.
2. Online Gold IRA Companies
These companies offer online gold IRAs, but their gold is bought in bulk from the 4 or 5 large national gold dealers listed above. The gold is allocated in the name of the IRA and stored in vaults and insured.
3. Gold IRA Brokers
These are companies that work with a number of national gold dealers and can offer you the best pricing for gold. However, their gold is also held in vaults and insured, usually by the national dealer as well.
American Bullion
American Bullion offers a variety of investment grade (9999) and collectible (995) gold bars, coins and bars. These can be purchased online or in-store. American Bullion also sells silver, platinum and palladium.
BullionVault
BullionVault is a specialized online gold dealer that caters to investors, traders and collectors. BullionVault works with a network of vetted gold suppliers, so the company can provide customers with the best price available. BullionVault sells gold bars, coins and bars.
Kitco
Kitco is a gold dealer that provides customers with the option to buy gold, silver, platinum and palladium. Kitco sells a variety of gold bars, including 100-, 1- and 10-ounce bars, as well as coins and bars.
Provident Metals
★★★★★
3.6 / 5 stars
37 Reviews
Provident Metals is a gold and silver dealer located in Phoenix, Arizona. This dealer provides gold and silver in large quantities, which are shipped to customers via USPS, UPS, or registered mail. The dealer also offers free silver coins with the purchase of $2000 or more in silver.
Gold Bullion International
As one of the oldest and most trusted gold dealers in the industry, Gold Bullion International (GBI) is a trusted source for investors looking to diversify their portfolios with precious metals. With more than 50 years of experience, GBI offers a variety of storage, delivery and investment services that allow investors to invest in gold bullion, silver bullion, platinum coins, and more.
Investopedia explains:
"Gold Bullion International offers storage, delivery and purchase services for precious metals, including gold, silver, platinum and palladium. They also offer coin and bar mining expeditions. These expeditions allow investors to explore mines, personally purchase precious metals, and even have coins, bars and stones minted. The company places their focus on building long-term relationships with their customers, and they've maintained a five-star rating on Trustpilot."
Kitco
Kitco has been in the gold business for over 40 years. Kitco has its headquarters in Toronto, Canada. This company offers a variety of gold, silver, platinum, palladium, and copper bullion products, as well as non-bullion related products.
The website has a variety of educational resources, including a glossary of precious metals trading terms. Kitco has locations in Canada, the United States, and internationally.
The Better Business Bureau has reviewed Kitco and has given it an A+ rating.
BullionVault
BullionVault is an online platform where customers can buy and sell physical gold, silver, and platinum. These metals are stored in vaults in London, New York, Zurich, and Sydney. BullionVault takes custody of all precious metals and stores them in secure vaults. These vaults are operated by Brink's, which is a secure logistics company.
BullionVault offers competitive fees. The fees for buying metal are lower than those for selling metal. There are no minimums to buy or sell.
BullionVault is registered with the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).
The Better Business Bureau has given BullionVault an A+ rating.
