Buy Gold Near Me
Gold and other precious metals can be purchased through local coin shops or bullion dealers in your area if purchasing in person is what you want to do.
However, finding the best online gold dealers is probably a better choice because online companies are able to offer better prices than the local shops. They don't have to pay for overhead; like insurance on their inventory as well as for on-site storage.
Also, online gold dealers can charge lower premiums than small coin shops because they usually have a higher volume of sales.
Disclosure: The owners of this website may be paid to recommend Goldco or other companies. The content on this website, including any positive reviews of Goldco and other reviews, may not be neutral or independent.
Best Place To Buy Gold and Silver Online
After many hours of research, we have narrowed down the selection to the following
3 best companies to buy gold from:
- Birch Gold Group
- Goldco
- Augusta Precious Metals
Birch Gold Group
Why We Like Them
Birch Gold Group is one of the most popular precious metals and gold investment firms. They have been in business for about 20 years and have many customer reviews which portray them as a trustworthy investment company.
The Better Business Bureau gives them an A+ rating with many positive reviews that also praise the company very highly.
Birch Gold helps investors who want to purchase physical gold, silver, palladium, and/or platinum for either a self-directed IRA or a non-IRA account.
They will assign a specialist to help you with the entire gold IRA setup or rollover process. Through Birch, you can fund your precious metals IRA with gold, silver, platinum or palladium with a minimum investment of $10,000.
Birch Gold has a large selection of IRS-approved gold coins and precious metals for investors to choose.
They also offer very affordable storage rates at state-of-the art storage facilities.
During high inflation and turbulent economic times, precious metals like gold and silver can be used as a hedge against inflation and stock market uncertainty.
Cryptocurrency in Your IRA?
BitIRA was founded by the Birch Gold Group in 2017 to offer investors IRS-compliant Digital IRAs that can hold cryptocurrencies.
They have an A+ rating by the BBB and the International Business Times recognized them in their list of the Hottest Fintech Startups of 2021.
Their Digital Currency Specialists can help you choose from digital currencies such as Bitcoin, Ethereum, Ripple, Litecoin and more.
Get Your FREE Info Guide on Digital Currency IRAs
You can rollover an existing IRA, 401(k) and 403(b) into a Digital Currency IRA.
Your digital assets will be protected with the highest security protocols.
Augusta Precious Metals
Why We Like Them
Augusta has a strong reputation for helping customers with a personalized approach. They will work one-on-one with you to help you understand what effects the market will have on your precious metals through a variety of educational resources and online tools.
They have zero complaints from the BBB and were named "Most Trust in the U.S." by IRA Gold Advisor.
They help clients who have a minimum of $50,000 set-up self-directed IRAs with silver or gold to protect their retirement assets for years to come.
Why We Like Them
Goldco is a well established precious metals investment company. They have been in busines since 2006 and have an over-whelming amount of positive customer reviews.
They have excellent ratings from many review sites such as TrustLink, TrustPilot, Customer Affairs, the Better Business Bureau and BCA which show their dedication to high standards of operation.
Goldco focuses almost entirely on helping clients set up self-directed IRAs that are funded from rolling over existing IRAs, other qualified retirement accounts or from savings.
They also offer customers the option of purchasing physical gold and silver coins and bars that can be delivered right to your door.
We feel they are one of the best choices you can make because of their professionalism and reputation together with their competitive fees.
You can read our full review here.
Considerations When Choosing a Gold IRA Company
We recommend that you use our list as a starting point and get in touch with a few companies, compare their products, fees and services.
Do your due diligence and call a few different firms to find the best place to buy gold and silver.
Investment Options
Does the company offer both Precious Metal IRAs and the ability for you to purchase physical gold and silver as well? How extensive is their selection? Do they also offer platinum and palladium? How many IRS-approved coins and bars do they offer?
Cost of Premiums They Charge for Coins
For common well-known coins like the American Eagle or Canadian Maple Leaf which are recognized everywhere, you will generally pay a lower premium over the spot price.
Premium or proof coins, due to their rarity are usually priced with higher premiums.
BuyBack Policy
A buy back program is important because it is easier to sell your coins or bars back to the same company. They will usually give you better prices than a dealer.
Track record
Does this company have lots of positive customer reviews? Have they been in business for many years? Do they have an A+ rating from the BBB, positive ratings BCA (Business Consumer Alliance) and or TrustLink?
Fees
Is there a charge for shipping your precious metals? Is there a charge for insurance? Any annual fees for the IRAs? You want a company with flat annual fees versus a company that scales up their fees as your account value grows.
Customer Service
Knowledgeable precious metal specialists can help you through each step of the process to ensure that everything goes smoothly with either a rollover from an existing retirement account or opening up a new IRA. They should be friendly and not pushy. You should be able to ask as many questions as you want to determine that.
A company that provides educational resources to help you decide what to invest in is also a plus.
FAQs
Like a traditional or Roth IRA, a self-directed IRA follows the same rules of eligibility and contribution but you have the ability to invest in assets such as real estate and precious metals, i.e. a gold IRA.
A gold IRA is a type of self-directed IRA. It is an Individual Retirement Account where you can purchase precious metals like gold and silver bars and ingots instead of stocks and cash.
A rollover IRA is a term used for an IRA (individual retirement account) that is funded by moving funds from a 401(k), 403(b), TSP or similar retirement account into an IRA. By moving the funds into a self-directed IRA, you can invest in physical gold making it a gold IRA rollover.
