Our Guide To The Best Gold IRA Companies

When it comes to choosing a gold IRA company, there are many options available to you, which is great. However, that can also make it difficult to determine which company best suits your needs.

That's why we have put together this comprehensive guide to the top gold IRA companies.

In this guide, potential investors will learn about the different features and services each company offers, as well as their pros and cons. You'll also learn the basics of how precious metals IRAs work and how you can set one up.

All this information can help you make an informed decision when choosing a gold IRA provider!

What Is a Precious Metals IRA?

A precious metals IRA is an Individual Retirement Account (IRA) that allows you to hold physical gold, silver, and other precious metals in your retirement account. Precious metals IRAs are self-directed, which means that you have the freedom to choose which assets to add to your account.

Most traditional IRAs direct investments into stocks and mutual funds, which are strongly tied to the U.S. dollar and market. But a precious metals IRA lets you diversify your portfolio with physical assets separate from the volatility of stocks and mutual funds, like gold, silver, platinum, and palladium.

A precious metals IRA may be a good fit for investors who:

  • Are interested in diversifying their portfolio
  • Believe that the U.S. dollar is at risk of devaluation
  • Want to hedge against inflation
  • Are seeking long-term stability in their retirement savings

Now that you know the basics of what a gold IRA is and why you might want to invest in one, let's take a look at some of the top gold IRA companies so you can start your gold IRA journey and reach your investment goals.

Honourable mentions, before we get into the top 5 companies, are Acre Gold subscription service, Austin Rare Coins, and Money Metals Exchange.

Our Picks for the 5 Best Gold IRA Companies

The best gold IRA companies offer a wide variety of services and products along with exceptional customer care and education. In addition, top gold investment companies typically have a long track record of success and a good foothold in the industry.

Here are our picks for the 5 best gold investment companies that handle gold IRAs and other investment opportunities involving precious metals.

  1. Goldco - Best All-Around Gold IRA Company
  2. Birch Gold Group - Best Product Selection
  3. Augusta Precious Metals - Best Customer Service and Education
  4. Noble Gold - Best for Small and Beginner Investors
  5. American Hartford Gold - Best Family-Owned Gold IRA Company
Goldco

Goldco - Best All-Around Gold IRA Company

4.5/5
4.5 Rating
  • Goldco is a precious metals IRA company that provides a large number of precious metal-related services, including direct sales, storage and shipping, asset protection, and more. The company also has an expansive selection of precious metals for purchase in the form of gold and silver coins or bars.

Goldco is a trusted company with an A+ rating from the Better Business Bureau and a AAA rating from the Business Consumer Alliance. In addition, the company has over 700 Google reviews with 4.8 stars, showing a satisfied customer base.

Goldco has been in business since 2006, so they have over 15 years of experience in the precious metals industry.

Goldco makes precious metals purchases and the setup of gold or silver IRAs fast and easy for clients. A Goldco specialist assists you every step of the way when diversifying your investments, whether you're simply buying silver coins or converting your savings account into a gold IRA. Your Goldco specialist can offer you expert advice and answer any questions you may have about the process.

And when you purchase your precious metals from Goldco, you can rest assured you've always got a buyer in case your circumstances change. The company's buyback program ensures the company will buy your investments back at the highest price.

Investors can feel confident that their retirement savings are in good hands with Goldco, whether they've set up a gold or silver IRA or simply purchased gold or silver coins.

This industry-leading company makes the process of starting or diversifying your portfolio simple, even for those who have never invested before.

See our comprehensive Goldco review here.

Pros
  • Goldco is a trusted company with a great reputation and an A+ rating from the Better Business Bureau.
  • The company has over 700 Google reviews with an average rating of 4.8 stars.
  • Goldco makes precious metals purchases and the setup of gold or silver IRAs secure, convenient, and easy for clients.
  • The company's buyback program guarantees the company will buy your investments back at the highest price.
  • An online chat option makes contacting the company more convenient.
Cons
  • Goldco has no palladium or platinum coins available for purchase, though they do have many IRA-eligible precious metals for IRA investments.
  • No prices are listed online, so you must contact the company for details.
  • The company requires a minimum investment of $25,000 to open a precious metals IRA account, which may be out of reach for some investors.

Birch Gold Group website

Birch Gold Group - Best Product Selection

4.5/5
4.5 Rating
  • Birch Gold Group is our pick for the best product selection for a gold IRA, but this company has many other great features, including low fees, excellent customer care, and a fantastic track record.

    Birch Gold Group has been in business for over two decades and has an A+ rating with the Better Business Bureau and innumerable 5-star customer reviews on various review sites.

When you set up a gold IRA with Birch Gold Group, you can choose from a spectrum of IRA-eligible coins and bars and have the option of adding palladium and platinum to your holdings in addition to gold and silver. In fact, they are one of the only companies on our list that conveniently provides a selection of platinum and palladium coins, bars, and rounds on their website.

Additionally, when setting up an IRA, each client is assigned an IRA specialist who helps them complete a rollover of a traditional IRA or otherwise fund their new precious metals IRA, answering questions the new client may have along the way. The specialist can also assist clients with precious metals purchase questions, complete purchases, and help select a depository that works well for their unique needs.

The company includes fully insured shipping on all orders, and the minimum investment is $10,000, which is relatively low compared to some other investment companies on this list.

The low barrier to entry makes Birch Gold Group a perfect choice for beginner investors and those who want to start small with precious metal IRAs.

Another great benefit is Birch Gold Group's buyback program. If you decide a precious metals IRA is not for you, you can take advantage of the Birch Gold Group buyback program to liquidate your investment at any time.

See our complete Birch Gold review here, and also read why Ben Shapiro supports Birch Gold.

Pros
  • Expansive product offerings allow for increased diversification of investments.
  • Great buyback program confirms you can liquidate your assets if necessary.
  • A comparatively low minimum investment for opening a gold IRA opens the door to investors with lower budgets.
  • Above-average customer care with continued service for your account after it is set up.
  • Excellent client reviews and an A+ rating from the Better Business Bureau.
  • Birch Gold Group IRA specialists help you make informed decisions about your investments.
Cons
  • High minimum purchase amount for physical precious metals ($10,000).
  • No online chat for customer service.

website of Augusta Precious Metals

Augusta Precious Metals - Best Customer Service and Education

4.4/5

4.4 Rating

  • Augusta Precious Metals is ideal for investors who want the best price per ounce for their gold or silver when ordering large amounts. This gold and silver IRA company has a good quantity of coins and bars at fair prices, including IRA-eligible products.

    Augusta Precious Metals has an A+ rating with the Better Business Bureau with zero customer complaints, an outstanding achievement for any company.

The reliable precious metals dealer prioritizes clients' long-term retirement plans and educates customers on the best methods for using a precious metals IRA to reach their retirement goals. For example, the company offers regular one-on-one web meetings to clients regarding precious metals and the economy. The experts at Augusta Precious Metals also answer questions and help with other tasks, like contacting the client's depository.

Further, the company has a library of informative videos on various financial topics, such as how to calculate inflation and how to know when we're in a recession, on their website.

The team also provides a personal webinar for interested investors, which a prominent endorser of the company, Joe Montana, famously took advantage of before initiating his investment.

This precious metals dealer prizes transparency and provides lifetime support for silver or gold IRAs, giving each client personalized customer care. Your lifetime support includes access to agents and departments who assist with the setup of your gold IRA, the purchasing of precious metals, completing paperwork and rollovers, and buybacks.

Augusta Precious Metals has hundreds of 5-star reviews from clients who recommend them as reliable, trustworthy, and well-informed on how to help investors succeed.

The minimum investment to open an account is $50,000.

See our full Augusta Precious Metals review.

Pros
  • Clients have many choices of different coins and bars at reasonable prices, as well as IRA-eligible products.
  • The company has an A+ rating with the Better Business Bureau with no customer complaints and a AAA rating from the Business Consumer Alliance.
  • Joe Montana endorses Augusta Precious Metals and uses their services, adding to their credibility.
  • Augusta Precious Metals offers unique educational opportunities for clients, including a personal webinar and one-on-one web meetings.
  • You'll receive lifetime support for your silver or gold IRA.
  • The company has never denied a buyback request to date.
  • If you want to set up a self-directed IRA with Augusta Precious Metals, you will not be charged any management fees.
  • An easy-to-use chat system makes contacting customer care easy.
Cons
  • Minimum of $50,000 to open an IRA account limits services to high-income investors.
  • No palladium or platinum is available for purchase. The company handles only gold and silver investments.
  • Must call for pricing of metals.

Noble Gold Investments

Noble Gold - Best for Small and Beginner Investors

4.3/5

4.3 Rating

  • With a minimum investment requirement of only $2,000 to set up a precious metals IRA, Noble Gold makes it easy for just about anyone to start investing in precious metals.

    The company offers a wide range of gold, silver, and platinum coins and bars, as well as palladium products, so they're another great option if you're looking to diverge from gold and silver.

With a minimum investment requirement of only $2,000 to set up a precious metals IRA, Noble Gold makes it easy for just about anyone to start investing in precious metals. The company offers a wide range of gold, silver, and platinum coins and bars, as well as palladium products, so they're another great option if you're looking to diverge from gold and silver.

Based in Paladina, California, Noble Gold's account managers assist investors throughout the gold IRA setup process. The account managers answer questions and provide expert guidance on custodians, depositories, and the best gold and silver IRA investments for your portfolios. That way, investors have the best chance to get the highest return on their assets long-term.

Noble Gold has only been around for a handful of years, but customers report outstanding experiences. Overall, online reviews show clients who are happy with the company's excellent communication and ability to roll 401(k) funds over to their new precious metals IRAs smoothly. Customers also rave about the team's friendly demeanor and knowledgeable explanations of investment strategies and services.

Another unique aspect of Noble Gold is the rare coins they offer for purchase. These coins can be an excellent addition to your investment portfolio because they are not only valuable but also collectible. That said, collectible coins aren't always eligible for IRA purposes. Discuss any rare coin purchases with your specialist before moving forward.

This gold IRA provider has an A+ rating with the BBB, and many online reviews suggest that its team is reliable, informed, and responsible to its clients.

See our Noble Gold review here.

Pros
  • Family-owned and operated company with a commitment to outstanding customer service.
  • American Hartford Gold has an A+ rating with the BBB.
  • A large catalog of IRA-approved precious metals to choose from means you can diversify your holdings.
  • The company offers flexible storage options and helps investors decide where to store their precious metals.
  • An online chat option allows for hassle-free communication.
  • The company has no specific minimum order sizes for its self-directed gold IRA.
  • The team is dedicated to the community and donates to charities.
Cons
  • No prices are listed online.
  • No palladium or platinum coins are available on the website.

invest with American Hartford Gold

American Hartford Gold - Best Family-Owned Gold IRA Company

4.3/5

4.3 Rating

  • American Hartford Gold is a family-owned and operated precious metals investment company in Los Angeles, California. The company helps investors buy gold, silver, and platinum in both bars and coins for home storage or investment in an IRA.

According to the company website, investors receive only the finest quality gold and silver coins at fair prices with 100% guaranteed customer satisfaction.

With an A+ rating with the Better Business Bureau, American Hartford Gold is one of the most reputable family-owned gold IRA companies on our list. And the company has a wide range of products, from American Eagle coins to South African Krugerrands, that will fit any investor's needs.

American Hartford Gold is committed to providing a level of customer service that is unmatched in the industry. American Hartford Gold strives to provide total transparency and excellent customer education so that investors can make the best decisions for their portfolios.

To fulfill the long-standing commitment to customer care, American Hartford Gold has staffed the company with a team of knowledgeable account managers to guide clients through investment decisions. Their team is readily available by phone and an online chat system, making contact easy.

American Hartford Gold also gives clients several storage options for precious metals designated for an IRA, and the company ships precious metals free of charge. All packages sent include free insurance and tracking.

The company can't legally guarantee a buyback of precious metals if your circumstances change. Still, they offer a buyback commitment that encourages you to contact them first if you need to liquidate your holdings.

If you decide to sell your assets back to American Hartford Gold, you can use their fast, 3-step liquidation process with no additional liquidation fees from the company.

Pros
  • Family-owned and operated company with a commitment to outstanding customer service.
  • American Hartford Gold has an A+ rating with the BBB.
  • A large catalog of IRA-approved precious metals to choose from means you can diversify your holdings.
  • The company offers flexible storage options and helps investors decide where to store their precious metals.
  • An online chat option allows for hassle-free communication.
  • The company has no specific minimum order sizes for its self-directed gold IRA.
  • The team is dedicated to the community and donates to charities.
Cons
  • No prices are listed online.
  • No palladium or platinum coins are available on the website.

Our Ranking Process for the Best Gold IRA Companies

We considered a number of factors when determining which companies would make our list of the best gold IRA companies.

Some of the considerations we took include:

The Gold IRA Company's Reputation

First, we looked at each company's reputation. We wanted to ensure we were only recommending companies with a history of fair and faithful transactions and excellent customer service. To accomplish this, we only included the companies with A+ ratings from the Better Business Bureau (BBB) and a majority of 5-star customer reviews.

We also considered the company's longevity in the gold IRA services industry. Although, we did include some newer companies with exceptional ratings and top-notch reviews from customers.

Just because a company is new doesn't mean it doesn't provide great services, though some investors prefer to stick with tried and true investment firms.

Fees for a Gold IRA Account

We also looked at the fees charged by each company for setting up a new account and any ongoing annual or storage fees charged for maintaining an IRA.

We wanted to be confident that our readers were getting good value for their money, so we only recommended companies with competitive and transparent fees.

We understand that it's essential for many investors to find a company whose prices fit their budget. However, we strongly encourage potential investors not to just seek out the company with the lowest fees. An IRA firm that offers its services for free or absurdly low prices may not be preferable since it likely will not put in the necessary knowledge or time to help you succeed.

On the other hand, companies that charge exorbitant fees also probably do not have your best interests in mind as an investor. Fees that are too high may be a red flag because they suggest the company is simply trying its best to make as much off of each client as possible.

When investing, you shouldn't necessarily be looking for the best deal regarding fees. Instead, you should look for fair fees that are competitive and cover the price of the services rendered.

Minimum Investments

Another consideration was the minimum investment requirements to set up an account and the amount of the minimum investment for a gold IRA.

The IRS does not require a minimum investment from an individual to set up a gold IRA. Still, most precious metal IRA providers specify a minimum investment needed to create an IRA through their company.

Minimum investments can vary widely, from small amounts like $500 to more significant investments totaling $25,000 or more. To suit the broadest range of budgets, we included precious metal IRA providers with low required investments and some with investment requirements on the higher end of the scale.

Fortunately, there are many reliable precious metal IRA companies with excellent customer care, varied products, and competitive fees that also have low barriers to entry for new and small investors interested in testing the waters.

The Scope of Products and Services

Ultimately, the products you're purchasing are one of the most critical concerns.

Therefore, we assessed the scope of products and services delivered by each gold IRA firm. We wanted to confirm that gold IRA investors had a good selection of IRA-approved precious metals, and that they could find a company that would meet their specific needs.

There are four precious metals eligible for IRA investment:

  • Gold
  • Silver
  • Platinum
  • Palladium

However, not all gold IRA companies allow investors to buy all four metals. Some gold IRA companies excel in only providing only gold and silver IRAs, and some investors are only interested in those products.

We tried only to recommend companies providing a good selection of IRA-approved metals, whether specializing in gold and silver products or offering a broader range of choices, like platinum and palladium.

In addition, the best gold IRA companies deliver diverse services to clients, from storage and shipping to customer education and support. We included companies that went above and beyond in meeting the needs of their investors, giving their clients the best opportunity to grow their retirement accounts.

Buyback Programs

Lastly, an important benefit to look for in a gold investment company is a reliable buyback program. A buyback program allows you to sell your precious metals back to the company in case you need to liquidate your assets due to unforeseen events.

It's an essential service to look for because some companies don't offer buyback programs, and in cases where you can't sell your precious metals back to the company you bought them from, you will have to find another buyer for your gold, silver, platinum, or palladium. This can slow down the liquidation process, which may cause issues if you need the investment back quickly.

It's also simply more work if you have to find a buyer for your precious metals, taking up your valuable time.

Another crucial thing to know is that some gold IRA companies with buyback programs give buyback deals to clients, like guarantees that they'll pay the high end of the current spot price for your metals.

A buyback deal from a company you've already established a relationship with can be invaluable. That kind of relationship can give you the reassurance you need to purchase high-cost precious metals, knowing you'll be able to sell your investments back to the company at an acceptable price and without hassle if you need to.

Why Invest in Gold and Silver?

Gold and silver have been used as currency for centuries, and the value of these metals has held up well over time. Gold is especially trendy because it is seen as a safe investment option in uncertain economic periods when the value of the printed money falls.

In addition, gold and silver have many industrial uses, which means their demand should continue to grow as the world economy grows. Gold is commonly used in creating jewelry and in building electronics. It's even utilized in some medical treatments.

Silver has a wide range of industrial applications as well, including use in solar energy, water purification, and medical devices.

For these reasons, gold and silver can be good investments for those looking to diversify their portfolio or protect against inflation.

Investors often buy gold coins to fund gold IRAs, but physical precious metals are available in other forms. Some buyers prefer gold bullion or bars when purchasing physical gold. If you are unsure which form of gold or silver to buy, account specialists and customer care teams at gold IRA firms are usually very helpful with giving guidance.

Branching Out from Gold and Silver

As stated above, gold is consistently a top choice for those investing in precious metals. It is a valuable metal with a long history of use as a form of currency, jewelry, and other decorative items. Gold is also a relatively safe investment.

However, it is a good idea to broaden your holdings, investing in other precious metals, like silver, platinum, and palladium, that are very valuable in their own right.

Platinum and palladium are two precious metals often overlooked by investors, which is a shame because platinum and palladium are two of the rarest precious metals in the world.

They are also some of the most favored investment options to add more breadth to retirement portfolios, giving investors the opportunity to branch out from the more standard gold and silver products.

Platinum

Platinum is often called the "king of precious metals" because it is rarer than gold. It is also more durable than gold, making it an ideal choice for those looking for a long-term investment.

Palladium

Palladium is also a rare metal, and it's experienced dramatic price changes over recent years. It may be a good choice for those looking for an investment with long-term potential.

Both platinum and palladium have real-world uses that make their increased use likely. For example, platinum and palladium are both used in the production of catalytic converters, which are required by law in many developed countries.

Platinum and palladium are also incorporated into jewelry and dental work, and the precious metals are an important part of many of the electronics we use daily.

Birch Gold Group, Noble Gold, and other gold IRA providers we list above have platinum and palladium as investment options to increase the diversity and potential return of your retirement portfolio, which is one reason we chose them as top companies.

Understanding Account Rollovers

A rollover is when you move your retirement savings from one account to another. For example, you may have a 401(k) with your current employer, and when you leave that job, you can roll the money over into another IRA.

A gold IRA rollover is when you move your retirement savings from a traditional IRA account to another backed by gold. This can be beneficial for several reasons. For example, suppose you have an IRA that is losing money due to stock market volatility. In that case, a gold IRA rollover completed through a gold IRA company can help protect your retirement savings.

Why Rollover to a Gold IRA

Gold is often seen as a safe-haven investment, meaning it holds its value well during times of economic turmoil.

Another benefit of a gold IRA rollover is that it can help you diversify your retirement portfolio. By including gold in your IRA, you can reduce your risk and protect your savings from market fluctuations. Even if the stock market crashes, your gold will still be there to provide you with security in retirement.

Basically, a gold IRA rollover can provide you with peace of mind. Knowing that your retirement savings are diversified and likely to grow can give you the confidence you need to enjoy your working years without worry and, later on, your retirement.

Setting Up a Gold IRA

Now that you know all about gold and silver IRAs, it's time to discuss setting up your new gold IRA account. We've laid out the basic steps for creating gold IRA accounts below.

The process may seem confusing if you're not a seasoned investor, but that's why many gold IRA companies have knowledgeable, well-trained team members available to assist you through the various stages.

Step 1: Choose the Best Gold IRA Company

The first step in setting up your new retirement account is finding the best gold IRA company to work with, which is why we've provided the list above. There are many gold IRA providers out there, but not all of them are created equal.

As discussed above, some things to look for in a gold IRA company include reasonable fees, transparency, good customer service, and satisfied customer reviews.

Step 2: Set Up Your New Gold IRA Account

The second step is to set up your account. This process is actually very simple and can sometimes be done in just a few minutes, especially if you have the assistance of an account specialist. Once you have your account set up, you'll need to fund it.

You can fund your account with cash, stocks, or other assets. Alternatively, if you're rolling over your IRA from another account, you may be able to do a direct rollover. This means the money will be transferred from your old account to your new gold IRA without you having to take possession of it.

Step 3: Purchase Your Physical Gold Coins or Bullion

Once your account is funded, you can start buying gold. Ideally, your gold IRA company will have a variety of products for you to choose from, including gold coins, gold bullion, and gold bars, in addition to silver, platinum, and palladium.

One of the significant benefits of a self-directed IRA over a traditional IRA is that you get to choose exactly what goes into your self-directed IRA. This is where you get to decide if you want to invest in physical gold or other precious metals.

If you're not sure which type of gold or precious metals to buy, don't worry - your gold IRA company should be able to assist you in making informed decisions for your portfolio.

Step 4: Select a Secure Depository and Trusted Gold IRA Custodian

Once you've made your purchase, you can select a depository where your gold will be stored in a secure location and a gold IRA custodian to manage your account. Again, your gold IRA company should be able to help you with this process.

Step 5: Look Forward to a Great Retirement

Lastly, you can begin enjoying the peace of mind that comes with knowing your retirement savings are protected.

A gold IRA rollover is a fantastic way to diversify your portfolio and guarantee you have the best possible chance of growing your savings. When it comes time to retire, you can either take possession of your gold or sell it and use the proceeds to supplement your income.

Either way, you can rest assured that your retirement savings are as safe as possible.

Best Gold IRA Company: Most Frequently Asked Questions

When investing in gold and silver IRAs, people generally have a lot of questions.

Below, we've answered some of the most frequently asked questions about gold IRA investing.

What Is a Gold IRA Custodian and Why Do I Need One?

While you can purchase precious metals for your own purposes and keep them at home, the IRS prohibits precious metal IRA holders from keeping assets for gold IRAs at home.

That said, after purchasing your precious metals investment, you'll need a custodian to manage your IRA assets and a depository to store your physical gold and other precious metals safely.

A custodian is a financial institution that oversees your precious metals investments, processing withdrawals and other transactions. Custodians are often credit unions, banks, or other financial companies that have been granted permission to provide asset custody services by the federal government.

Most precious metal IRA companies will already have relationships with top-tier custodians like GoldStar Trust Company and Equity Trust Company, so you don't need to find your own custodian.

If you buy gold or silver for an IRA through one of our picks for best gold IRA companies, we recommend discussing your custodian options with your specialist or account manager.

What Should I Look for in a Depository?

Physical gold and other precious metals held in precious metals IRAs will be stored in a depository, which is a high-security storage facility for valuables. The depository must be certified to hold IRA assets.

When picking a depository, look for safety features like:

  • 24/hour security
  • Multiple layers of physical security (e.g., armed guards, biometric entry, man traps)
  • Robust digital security
  • Insurance against theft and natural disasters

If you're setting up your IRA through a reputable gold IRA company, the company will presumably work with high-profile depositories like Brink's and Delaware Depository to securely store your assets until your retirement account is either liquidated or the time comes for you to retire and begin withdrawing your funds.

Your account or IRA specialist is there to help you decide on the right depository for your needs. For example, if you want to visit the depository to see your holdings in person, your specialist should recommend a depository that includes visitation privileges.

Also, discuss segregated storage for gold IRAs with your specialist. Segregated storage means your metals will be stored in their own area, away from other clients' holdings. With segregated storage, the precious metals you purchase are stored separately from all the other depository goods, adding an extra layer of protection.

The depository cannot use or change out the items they're holding for you unless otherwise stated in your agreement. The precious metal product you kept in segregated storage and receive back from the depository (or see if you visit the depository) is the same exact asset you initially delivered in.

What Fees Are Usually Charged by Gold IRA Companies?

When looking for the best gold IRA company, it's vital to compare fees to find the most affordable option for long-term storage and maintenance. Some gold IRA companies will charge a flat fee, while others charge annual or even monthly fees.

You should, at minimum, expect to pay annual fees for the management of your gold IRA account. These fees can range from $50-$250, depending on the size of your account and the company you pick.

Some companies also charge setup, storage, and transaction fees. A reliable gold IRA company will be transparent and upfront about its costs.

Why Are Only Some Coins IRA-Approved?

Most gold IRA companies present an assortment of silver and gold coins to clients for purchase. If the precious metal coins are for retirement funds, the gold investment company should clearly state that they're IRA-approved.

IRA-approved coins must meet certain purity standards set by the IRS. For example, gold coins must be 99.5% pure to be acceptable for precious metal IRAs, silver must be 99.9% pure, and platinum and palladium require a 99.95% purity level.

American Gold Eagles, Canadian Gold Maples, and South African Krugerrands are the most popular IRA-approved coins. American Gold Eagles and South African Krugerrands are made of 22-karat gold, while Canadian Gold Maples are made of 24-karat gold.

Other IRA-approved coins that are popular among investors include:

  • American Silver Eagles
  • Canadian Silver Maples
  • Austrian Philharmonics
  • Chinese Pandas
  • Mexican Libertads
  • British Britannias

The customer care team at the investment company you decide to invest through should be capable of advising you on suitable IRA-approved gold and silver coins for a gold IRA portfolio.

In Conclusion - Choosing the Best Precious Metal IRA Company

Hopefully, this guide has been helpful in explaining how gold IRAs work and how to set up a new account.

A gold IRA can be a great addition to your retirement portfolio, and we want you to help you find the right business to start your gold-funded retirement account so you can begin investing as soon as possible!

When picking a gold IRA company to start your retirement account, look for one with reasonable fees, a minimum investment that works well for your financial situation, a variety of IRA-approved gold, silver, platinum, and palladium, and a good reputation.

A little research now can pay off in the long run, so it's worth taking your time to do your homework! We recommend talking to a few gold IRA companies and delving into the details of their services before deciding on the best gold IRA company for you.

Most companies provide a free booklet that explains their products and services in-depth. Requesting the booklets from the gold IRA companies you're considering is a great way to compare fees, services, and products.

Good luck as you diversify your portfolio and grow your wealth!