Best Gold IRA Companies of April 2024
Gold and other precious metals can hedge against inflation, protecting you against market uncertainty and economic collapse. In addition, this precious metal offers diversification outside of traditional assets like stocks and bonds.
That’s where gold IRAs come in — they’re a type of retirement account that lets you diversify your portfolio to include gold and other metals.
Best Gold IRA Companies of 2024
- Augusta Precious Metals: Editor’s Choice Best Gold IRA Company Overall (4.9/5)
- American Hartford Gold: Runner up . Best Price for Bullion (4.8/5)
- Goldco: Best Gold IRA rollover & Buyback Program (4.6/5)
- Birch Gold Corporation: Great Staff Overall (4.5/5)
- Lear Capital: Top Gold IRA Firm Offering a Simplified and Easy Transaction Process (4.2/5)
Compare the Top Gold IRAs
Editor’s Choice Best Gold IRA Company Overall
Augusta Precious Metals
Insider’s Rating
4.9/5
Perks
Augusta Precious Metals has zero in management fees, but you’ll have to account for IRA set-up fees and depository storage fees.
Account Minimum
$5,000
Fees
0% management fee; contact representative for set-up and storage fees
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Pros
√ Provides gold and silver IRAs
√ Investors can can purchase common gold bullion and premium gold
√ 0% management fees
√ Gold coins and bars listed are 99.5% pure
Cons
× $50,000 minimum order requirement for IRAs
× No mobile apps
Insider’s Take
Augusta Precious Metals offers gold and silver IRAs, and gold-focused investors can take advantage of common gold bullion and premium gold.
Runner up . Best Price for Bullion
American Hartford Gold
Insider’s Rating
4.8/5
Perks
American Hartford Gold supports rollovers from several accounts, including traditional IRAs, Roth IRAs, thrift savings plans, 401(k)s, 403(b)s, and 457 plans.
Account Minimum
$5,000
Fees
$230 application fee and $200 annual fee for storage, insurance, and custodian services
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Pros
√ Invest in gold, silver, platinum, and palladium coins and bars
√ Competitive gold selection
√ Supports rollovers from traditional IRAs, Roth IRAs, thrift savings plans, 401(k)s, 403(b)s, and 457 plans
√ Buyback commitment with no liquidation fee
√ Free consultations are available
√ Some fees can be waived with larger opening deposits
Cons
× Fees are not easily found on the website
× High minimums to make purchases: $5,000 in a cash account and $10,000 in a gold IRA
× You might be able to waive fees with a large opening deposit, but you must talk to a rep about your situation to find out
Insider’s Take
American Hartford Gold is perhaps best for investors who want to convert significant portions of their retirement assets to gold or other metals, as larger sums can qualify for certain fee waivers with AHG. For those who may be on the fence about investing in gold, want to find more educational resources, or prefer a more digital and automated experience, there are better options available.
Best Gold IRA rollover & Buyback Program
Goldco
Insider’s Rating
4.6/5
Perks
Goldco offers multiple options for doing so including rollovers for 403(b)s, thrift savings plans, savings accounts, and IRAs
Account Minimum
$25,000
Fees
Call company representative for more information
Show Pros, Cons, and More
Pros
√ Gold and silver IRAs
√ Supports rollovers for 403(b)s, thrift savings plans, savings accounts, and IRAs
√ You can request to have gold directly delivered to you
√ You can either receive distributions as physical gold, or have Goldco convert the gold into cash for you
Cons
× $25,000 minimum to purchase gold
× No mobile app
Insider’s Take
Goldco is the best overall gold IRA. It offers gold self-directed IRAs, as well as silver IRAs.
Great Staff Overall
Birch Gold Corporation
Insider’s Rating
4.5/5
Perks
Birch Gold Group pairs you with a precious metals specialist to both ease the set-up process and track your investments’ performance.
Account Minimum
$10,000
Fees
Contact company representative
Show Pros, Cons, and More
Pros
√ Invest in gold, silver, platinum, and palladium coins and bars
√ Competitive gold selection
√ Supports rollovers from traditional IRAs, Roth IRAs, thrift savings plans, 401(k)s, 403(b)s, and 457 plans
√ Buyback commitment with no liquidation fee
√ Free consultations are available
√ Some fees can be waived with larger opening deposits
Cons
× Fees are not easily found on the website
× High minimums to make purchases: $5,000 in a cash account and $10,000 in a gold IRA
× You might be able to waive fees with a large opening deposit, but you must talk to a rep about your situation to find out
Insider’s Take
You can roll over existing retirement accounts into a gold IRA — or a silver, palladium, or platinum IRA, if you choose — at Birch Gold Group.
Top Gold IRA Firm Offering a Simplified and Easy Transaction Process
Lear Capital
Insider’s Rating
4.2/5
Perks
Lear Capital offers several tools for investors, which include a precious metal analyzer, portfolio comparison calculator, inflation calculator, RMD estimator, historical chart center, and precious metals encyclopedia.
Account Minimum
$5,000
Fees
One-time $280 setup fee and $200 annual fee; free set-up and storage for certain users investing in limited mintage coins
Show Pros, Cons, and More
Pros
√ Gold IRAs and silver IRAs available
√ Free IRA set-up and storage (for qualifying purchase amounts of limited mintage coins)
√ Offers precious metal analyzer, portfolio comparison calculator, inflation calculator, and more
√ Mobile apps for iOS and Android devices
Cons
× High set-up fees
Insider’s Take
Lear Capital offers both an IRA gold investment and silver IRA option, and you can take advantage of free IRA setup and storage
Gold IRA Company Reviews
The best gold IRAs offer liquidity, strong ethics, customer support, ease of use, low spread fees, multiple investment options, and account flexibility. Some of the best gold IRA companies also offer other precious metals like silver, platinum, and palladium.
Gold assets, such as physical gold coins and bars, are a type of precious metal commodity investment. Investing in commodities is a great way to hedge against inflation and diversify your investment portfolio.
Other investable commodities include agricultural products, energy, livestock, and softs. Check out Business Insider’s guide on the best brokers for commodity trading.
Here are the best gold IRAs as picked by Business Insider editors in 2024.
Best Overall Gold IRA: Lear Capital
Lear Capital is the best overall gold IRA for retirement-focused investors looking to diversify their portfolios with gold, silver, and platinum assets. Although Lear Capital’s minimum isn’t the lowest on this list ($5,000 minimum), it’s not nearly as high as Goldco’s or Birch Gold Group’s.
The Lear Advantage IRA is a self-directed IRA offering free gold and silver guides, a price match guarantee, free metal evaluations, and a huge selection of gold metal tools and analyzers. It supports rollovers from IRAs, 401(k)s, 403(b)s, and thrift savings plans.
Certain limited mintage coins and IRAs offer free set-up and storage. Plus, all customers receive a 24-hour risk-free purchase guarantee on all orders and no-fee buybacks. You’ll also receive a free investment kit and up to $15,000 in bonus coins when you join.
What to look out for: Set-up fees are on the higher side, with a one-time $280 fee (waived for eligible IRAs and mintage coins). Lear Capital charges a $200 annual fee.
Best for Gold IRA Education: Goldco
Goldco offers a huge selection of gold and other precious metal assets through a self-directed gold IRA and a silver IRA option. There are multiple ways to fund your account. Goldco supports rollovers for 401(k)s, 403(b)s, IRAs, thrift savings plans, and savings accounts.
As for its selection of gold coins, you can invest in Gold American Eagle, Gold American Eagle Proof, Gold Liberty, Gold Phoenix, Gold Independence Hall, and more. Plus, you don’t necessarily need an IRA to buy gold at Goldco. You can also request to have gold directly delivered to you. You can either get physical gold or have Goldco convert the gold into cash for you.
Goldco promotes an “education first” approach to help investors expand their knowledge of the economy and the ins and outs of gold IRAs. Beginners can get Goldco’s free gold IRA kit for info about IRAs, gold assets, and wealth protection.
The gold company also has a buy-back program for users to sell precious metal assets back to Goldco.
What to look out for: You’ll need at least $25,000 to set up an IRA and purchase gold. You’ll also need to call a company representative to learn about fees.
Goldco review
Best for Larger Accounts: American Hartford Gold
American Hartford Gold offers a competitive selection of gold and other precious metals like silver, platinum, and palladium. Cash accounts allow non-retirement investors to buy gold directly through AHG, and have assets shipped to their homes. There’s a minimum to open a cash account.
Its gold selection features Saint Helena Sovereign Gold, Australia Wildlife Gold, Canadian Buffalo, American Eagle, American Eagle Proof, and more (you can find its complete selection here).
Assets in gold IRAs and silver IRAs are shipped to a secure facility. AHG supports rollovers from traditional IRAs, Roth IRAs, 403(b)s, 457 plans, 401(k)s, and thrift savings plans. There’s a $10,000 minimum to open a gold IRA.
AHG also charges a $230 application fee and $200 annual fee for storage, insurance, and custodian services. However, investors with larger opening deposits may be able to get some of their fees waived or reduced after talking with an AHG representative. To talk with a representative, call the number listed on the AHG website.
What to look out for: American Hartford Gold doesn’t provide exact fees on its website; it says depository storage fees vary based on account size and the particular precious metals you’ve got in your account. You can get more information by contacting the firm’s account representatives.
American Hartford Gold review
Best for Low Cost: Rosland Capital
Rosland Capital is a relatively low-cost gold IRA company best for investors looking for transparent fee structures and portfolio flexibility. The company offers a wide range of gold, silver, and platinum assets for a $2,000 minimum.
It is also a great option for investing in specialty coins as Rosland Capital offers gold, silver, and platinum bars, bullion coins, premium coins, exclusive coins, and exclusive specialty coins.
Compared to similar gold companies, Rosland Capital charges lower, flat-rate fees. Moreover, the fee structure is fairly transparent. Rosland Capital charges a $50 one-time set-up fee, $100 annual maintenance fee, a storage fee of $100 or $150, and a $40 paper statement fee (if you choose to receive paper statements).
Folks new to gold IRA investing can benefit from a free information gold kit when they sign up. Orders above $20,000 also get $1,000 in free gold. IRA rollovers require a $10,000 minimum, but accounts of $20,000 or more get a free year of storage.
What to look out for: The website lacks extensive information, and the only way to open an account is by calling a representative.
Rosland Capital review
Best for Investor Resources: Birch Gold Group
Birch Gold Group allows you to roll over existing retirement accounts into a gold IRA — or a silver, palladium, or platinum IRA. It currently allows for rollovers from traditional IRAs, Roth IRAs, SEP IRAs, SIMPLE IRAs, 401(k)s, 403(b)s, 457(b)s, and other accounts.
Like many of the other precious metal companies on this list, Birch Gold Group provides users with a free info kit on gold and gold IRA investing. Investors also get a free gold bar with every $10,000 purchased.
In addition, the company pairs you with a precious metals specialist to ease the set-up process and track your investments’ performance. Another advantage is that it stores your gold in insured depositories (it currently uses Brink’s Global Service). It also uses the Delaware Depository, which offers insurance of up to $1 billion.
What to look out for: You’ll need at least $10,000 to purchase gold.
Best for Beginners: Oxford Gold Group
Oxford Gold Group is the best precious metal company for beginners to access a library of educational investment content and resources. For a $7,500 minimum, folks can invest in a competitive selection of gold, silver, platinum, and palladium assets through a SEP IRA, traditional IRA, or Roth IRA.
New users get a free investment guide and access to real-time gold data, annual performance charts, precious metal spot prices, and historical data on gold performances. Oxford Gold Group also provides a repurchase program and a secure climate depository to hold your investments.
Oxford Gold Group supports rollovers from traditional IRAs, Roth IRAs, SIMPLE IRAs, 401(k)s, 403(b)s, 457(b)s, pension plans, and thrift savings plans.
What to watch out for: The fees for Oxford Gold Group are higher. Also, remember that gold and other precious metal assets can’t be shipped directly to your home. All precious metal investments are held at the company’s depository.
Best for Investment Selection: Silver Gold Bull
Silver Gold Bull offers gold along with various other products, including silver, platinum, palladium, collectibles, jewelry, copper rounds, and miscellaneous gifts, making it the best gold IRA for various investment options.
It offers gold coins and bars, giving investors access to products like American Gold Buffalo coins, British Gold coins, African Gold coins, pre-1933 US Gold coins, and more. Both buyers and sellers can use the platform to exchange gold and other assets, even offering cryptocurrency payment options.
In addition, Silver Gold Bull lets you set up more than one precious metals account, and you can maintain an existing 401(k) or employer-sponsored plan while setting up an IRA through the platform.
What to look out for: You’ll need to contact the company for more information on gold IRA fees.
Silver Gold Bull review
Best Gold IRA for Cryptocurrencies: iTrustCapital
iTrustCapital invests in gold, silver, and cryptocurrencies and is the best gold IRA for investors who want to diversify their IRAs with cryptocurrencies and silver. You can fund your account with an existing IRA or rollover assets from a 401(k), Thrift Savings Plan, 401(3)b, 457, and more. And when it comes to gold, you’ll pay $50 over spot per ounce.
There’s no monthly account fee with iTrustCapital and crypto transactions have a 1% buy and sell fee. And when it comes to gold, you’ll pay $50 over spot per ounce. This gold IRA requires a $1,000 minimum to open an account.
iTrustCapital sources its gold and silver offerings from Kitco, and it says it ledgers transactions on the blockchain through Tradewind’s VaultChain platform. It stores your precious metals — in bullion form — at the Royal Bank of Canada. Plus, iTrustCapital doesn’t charge storage fees.
What to look out for: When it comes to precious metals, iTrustCapital only offers gold and silver, so it isn’t a good choice if you ever want to consider other metals. iTrustCapital does not offer investment advice.
Best for Purity Percentage: Augusta Precious Metals
Augusta Precious Metals offers gold and silver IRAs, and gold-focused investors can take advantage of common gold bullion and premium gold. As for the platform’s gold selection, you can buy assets like American Eagles, Canadian Maple Leafs, American Eagle Proofs, Gold Canadian Eagles, American Buffalo, and Australian Striped Marlin.
Augusta makes sure that the gold coins and bars it provides are 99.5% pure, although one exception is the American Gold Eagle coin, which is 91.67% pure. You’ll pay zero management fees but have to account for IRA set-up fees and depository storage fees.
What to look out for: Augusta Precious Metals has a minimum order requirement of $50,000 for IRA purchases.
Gold IRA Frequently Asked Questions (FAQs)
What is the best gold IRA?
What is the difference between an IRA and a gold IRA?
Are gold IRAs a good idea?
What are the disadvantages of a gold IRA?
Other Gold IRAs We Considered:
- Alto IRA: Alto IRA supports many investment options, including precious metals, cryptocurrencies, farmland, venture capital, and more. However, it doesn’t support SIMPLE IRAs, and some offerings are only available to accredited investors.
- Webull: Webull doesn’t offer gold IRAs or other physical precious metals for people to invest in. However, it does offer lower-cost gold exposure through gold ETFs. Investors looking for a cheaper way to gain exposure to the gold market through a regular online brokerage account may prefer Webull.
- Patriot Gold Group: Patriot Gold Group offers both gold and silver, with a no-fee IRA account option for its users. It also offers a knowledge center and helpful tools, but it has a $25,000 minimum requirement.
- Gold Alliance: Gold Alliance offers the option of investing in gold, silver, palladium, and platinum at Gold Alliance. And as for the types of precious metals, it provides include collectibles, common bullion, limited mintage, 90% silver, and IRA-eligible. Note, though, that you’ll be limited to web use.
- Orion Metal Exchange: Orion Metal Exchange offers a simple platform with access to gold, silver, platinum, and palladium. Plus, its services include depository storage, insured home delivery, and a free buyback policy. But it has a more limited selection of tools and educational resources.
- Rocket Dollar: Rocket Dollar’s investment selection comprises precious metals, cryptocurrencies, real estate, private equity, startups, and more. Plus, it doesn’t have any minimum opening deposit requirements. A downside, however, is that its fees are higher.
- Noble Gold Investments: Noble Gold Investments is a reputable company offering a suite of gold and other precious metal products like silver, platinum, and palladium. Annual fees are generally low but Noble’s website doesn’t provide clear product pricing. Storage is also limited as storage facilities are only available in Texas.
- Advantage Gold: Advantage Gold offers several IRS-approved gold products, including popular coins and bars. The company also offers silver, palladium, and platinum products. Advantage Gold’s best perk is its investor resources like retirement savings tools, charts, and educational videos. But pricing and fees are unclear.
You’ll have to call a representative to find out more.
Why You Should Trust Us: Our Methodology for Gold IRAs
Personal Finance Insider’s mission is to help smart people make wise decisions with their money. Since the word “best” can be subjective, we highlight both the benefits and drawbacks of each gold IRA listed in our guide. Platforms are given a rating between 0 and 5.
We spent hours comparing and contrasting each platform’s investment products, fees, and features so you don’t have to. Here’s our methodology on how we rate investment platforms.