7+ Best Precious Metals IRA Companies of 2022 (Ranked and Reviewed)

7+ Best Precious Metals IRA Companies of 2022 (Ranked and Reviewed)
Last Updated on December 8, 2021 by Adam Enfroy

Increasing market uncertainty and investor interest have both prompted more people to start up precious metal IRA accounts at an increasing rate.

A precious metal IRA can help you take full advantage of the current market conditions while ensuring your portfolio’s safety in the future. Investing in your retirement is a wise choice, but it’s not as easy as moving your funds from their current form to metals.

To make the most of your investment, you need to find a reputable silver or gold IRA company that will handle all the setting up, buying, storage, and shipping for you.

In this post, I will help you find the top 7 best precious metals IRA companies and providers that offer a secure and efficient process. I have ranked each company based on their consumer reviews, ease of use, available information, and more to help you make an informed decision.

Let’s dive deep into this topic.

Disclosure: I may receive affiliate compensation for some of the links below at no cost to you if you decide to purchase a paid plan. You can read our affiliate disclosure in our privacy policy.

What are the Best Precious Metals IRA Companies?

The following is the list of the best precious metals IRA companies right now.

Table Of Contents

1. Augusta Precious Metals.

Best for having a team that does the bulk of your investment work.

augusta precious metals homepage

Augusta Precious Metals is the right company if you’re looking for a trusted direct-to-you IRA manager who will help you diversify your savings in these uncertain times.

In addition, they can give you the latest news about the economy as it happens, and empower you with making the right choices when it comes to future investments in precious metals.

With a focus on the distinct seven advantages, you can sleep easy knowing that your investment is in qualified and righteous hands.

Key Features:

  • With thousands of 5-star ratings, you can trust Augusta Precious Metals with your gold and silver IRA
  • Augusta Precious Metals’ order desk puts together your gold and silver portfolio based on the specific choices that you make
  • Their team will handle the bulk of the legwork, with as much as 95% percent of the process being done on their side – which means that you only need to deal with the crucial decisions while leaving the boring details in their hands

Get started with Augusta Precious Metals.

2. Advantage Gold.

Best for adding precious metal coins to your portfolio.

advantageGold homepage

Advantage Gold features approved IRA coins that are guaranteed for weight, purity, and authenticity by their experts.

With precious metals that include gold, silver, platinum, and palladium bullion, Advantage Gold offers the right IRA accounts that are great for anyone looking for safety and stability in the market.

With a free guide that shows you how to roll over other retirement accounts and other IRA options available, Advantage Gold helps its clients understand precious metal investments and walks them through the process of buying.

Key Features:

  • Get your hands on approved IRA coins to store in your Precious Metals IRA.
  • Start a Gold IRA account with Advantage Gold and work with their investing specialists to decide which metals are best for you.
  • Access free guides on how to buy precious metals and rollover other retirement accounts.
  • Safely and securely store your IRA investments with Advantage Gold.

Get started with Advantage Gold today.

3. Birch Gold Group.

Best for using market volatility to your advantage

birchgold homepage

Birch Gold Group is founded on the principle that precious metals are one of the best investments you can make if you want long-term longevity in your retirement.

With the ability to get a free information kit sent directly to you, you will be able to get a deep understanding of why precious metals are valuable and how to best invest in this resource right now.

With a focus on customer education (before attempting to close any type of sale), Bitch Gold Group is committed to providing the right education to its customers. This makes them that much more valuable as a company since they help individuals make the right decisions when the time is right.

Key features:

  • Their blog gives you great information to stay informed and up to date with what’s happening in the precious metals market.
  • Their 20 page free information kit answers all the questions you might have about how metals such as silver and gold are the best way to protect yourself against inflation
  • They ship any metals bought from them directly to your home. Use safe and secure methods for delivery, you can rest assured that your investment is safe while it’s on the way to you.

Get started with Birch Gold Group today.

4. Gold Co Precious Metals.

Best for personalized help when opening a precious metal IRA.

goldco homepage

Gold Co Precious Metals offer different options when investing in precious metals. With silver supplies decreasing over time, the price of this precious metal is inversely getting higher as time goes by, which is why getting the right advice from this company is crucial.

The physicality of silver offers investors stability and protection when setting up a precious metal IRA. With a global market and easy access to information on their website, Gold Co allows you to learn everything you need before making your investment.

You may open a Precious Metals IRA on Gold Co by signing an agreement to secure your purchase. After this is done, a company rep will help you choose your options and guide you through the process.

Key Features:

  • By using Gold Co, you can rest assured that your investment is safe in their depository because their storage facilities are both insured and secured.
  • Perform the right asset management including rolling over any assets from your current retirement accounts to fund your Precious IRA.
  • You can choose which precious metals you want to have as part of your investment portfolio once it has been funded.
  • Receive personalized help from Gold Co’s investing specialists to help you decide which metals are best for your specific needs.

5. Regal Assets.

Best for investing through the same platform celebrities and billionaires use.

regalassetes homepage

Regal Assets are ranked in the top 20 best precious metal IRA companies in the U.S. because of their vast experience and expertise.

With over 10 years of experience, Regal Assets takes pride in helping their clients invest safely. If you’re considering investing in any type of precious metal such as gold, silver, platinum, or palladium, Regal Assets will help you choose the most suitable one for your investment needs.

With a record increase in student loan debt across the country, big banks finding themselves in financial trouble, and private debt rising, Regal Assets makes the case that precious metals are the go-to investment for both billionaires and celebrities.

If these high-profile people are taking advantage of investing in gold, silver, and other precious metals right now, then you should too; Regal Assets makes this process easy.

Key Features:

  • With a wide range of metal and crypto products, Regal Assets are an IRA trust company that you can rely on.
  • Request a free kit to help put your precious metals IRA together with the help of Regal Assets’ experts.
  • With a focus on products that are just right for you (as opposed to trying to push something on you that you don’t need), you can trust that you will get the help you need.
  • They give you a clear fee and commission structure so that you can see what costs you’ll incur before making a selection.

6. Liberty Gold and Silver.

Best for being available 24/7 to answer your precious metals questions.

liberty gold and silver homepage

Liberty Gold and Silver offer great prices and fast shipping on anything related to investing in precious metals.

From gold and silver bars to numismatic coins, Liberty Gold and Silver are rated as one of the top 20 companies in the U.S. due to their experience with clients who are both new to investing in precious metals as well as those more experienced ones.

They also offer the world’s lowest price on Rhodium, so if you’re considering investing in this precious metal, make sure to check out Liberty Gold and Silver first.

With a high-paying affiliate program – that pays up to 50% of the net profit made from generated sales – you can also have the right peace of mind knowing that your friends and family will be in good hands.

Key Features:

  • Their support is available 24/7 so you can ask questions about precious metals investing whenever you need to.
  • Get a finders’ fee when you refer friends and family to Liberty Gold and Silver.
  • They have access to various silver coins so that you can invest in this metal at the time that suits you best.
  • They offer the world’s lowest prices when investing in Rhodium, making them a great choice for people wanting to invest in this precious metal.

7. Golden Eagle Coins.

Best for getting the most accurate prices of precious metals on the market.

golden eagle coins

Golden Eagle Coins make it easy to buy gold and silver bullion online with their vast selection of metals.

They provide large quantities of Canadian Gold Maple Leafs, Gold Krugerrands & Gold Bars, as well as all sizes of American Eagle coins.

Whether you are getting started with investing or even a seasoned collector, Golden Eagle Coins has a selection of gold and silver bullion that you will definitely find useful.

With a market summary feature on their site, you will be able to get the latest information about gold and silver prices.

Key Features:

  • Their selection of different types of gold and silver makes them a great choice for beginners as well as experienced investors looking for these types of precious metals.
  • They are best known for American gold and silver eagle coins but they also have Canadian gold maple leaves, silver Chinese pandas, and many other silver coins in stock.
  • Get constant market updates about gold and silver prices through the site.

8. Orion Metal Exchange.

Best for getting A to Z precious metals buying advice.

Orion Metal Exchange homepage

Orion Metal Exchange is a firm that specializes in the whole process of precious metals investing. They have 5 decades of expertise in the sector.

They’ll be there for you every step of the way, whether you want to buy, sell, or just get financial market information.

To begin investing in precious metals safely, securely, and lawfully, get can contact Orion Metal Exchange and get personalized information explaining the right steps that you need to follow.

Key Features:

  • Orion Metals Exchange is dedicated to informing customers about market trends that may have an impact on their financial and retirement plans.
  • They follow policies and regulations to the letter, ensuring the protection of their customers’ investments.
  • Their years of expertise in precious metals give them a unique place in the industry.
  • Several gold, silver, platinum, and palladium coins as well as IRAs can be purchased through Orion.

What is a Precious Metals IRA Company?

A precious metals IRA is an individual retirement account with specific rules for the type of assets that can be held in it.

These types of accounts allow you to hold physical precious metals like gold, silver, and platinum as opposed to paper assets or mutual funds/stocks, making them an attractive choice for many investors.

Precious metals are starting to become more popular investment choices because they can act as a hedge against economic volatility and inflation. Products like bullion coins, bars, and numismatic, collectible coins can protect your wealth through these uncertain financial times.

Precious metals IRA are considered alternative investments because they have historically performed well during times of market turbulence.

In fact, in July 2020, gold prices were the highest since September 2011, hitting a high of almost $2,000 an ounce.

Different Types Of Precious Metal Coins To Invest In

Metal coins come in several denominations, fineness, and weights. The most common ones range from 0.5 grams to 50 grams in weight. These coins are ideal for those who want to start with a relatively small amount of money invested.

Some of the most precious metal coins are the moment are:

  • Gold American Eagles Coins
  • Australian Koala Bullion Coins
  • Australian Kookaburra Coins
  • Canadian Maple Leaf Coins
  • Buffalo Bullion Coins
  • Britannia Gold Coins
  • Mexican Libertad Coins

There are also coins known as proof coins which are early samples of a particular coin issue.

These collectible coins can be purchased through many of the above-mentioned companies and can also be found at coin and bullion dealers around the U.S.

Understanding Traditional Stock Market Corrections

Precious metals investments are different from traditional stock market investments in that lower correlations tend to happen when compared to the stock market.

This means that there is less chance of your approved precious metals investment losing value during periods of volatility or crisis in traditional markets, making them an ideal choice for you as an investor.

A drop might happen across all markets at once but even though this could be bad news for those that invest in traditional IRAs, gold prices are predicted to continue to rise. Meanwhile, stocks and shares will likely see changes based on a variety of external factors.

Physical gold and silver coins, gold and platinum bullion, and gold bars are less likely to fluctuate in value, meaning that they are one of the safer choices for your retirement fund.

Moreover, traditional stock market investments (mutual funds, stocks, etc.) are held by an IRA custodian like Fidelity, Credit Suisse, or Charles Schwab. These funds can ultimately deal with them as they wish, which means that you have a lesser degree of control.

On the other hand, physical gold and silver coins cannot be lent out to other parties because they are held directly within IRA vaults. This means you will know where your metals are at all times.

Factors to look for when buying precious metals IRAs

Choosing the right precious metals dealer is important because there are many options out there.

Whether your goal is to invest for retirement or simply diversify your investment portfolio, you should consider the following factors before deciding on a company to invest with.

Self-directed IRAs

A self directed IRA offers investors more options than those available through traditional custodians.

These companies offer the opportunity to purchase a variety of products, including gold coins, bars, rare numismatic coins, and other precious metal-related investments.

These types of IRAs are typically simple to set up, with customers often able to start an account with a company in a short amount of time.

Many of these companies are also registered with the internal revenue service (IRS) making them more trustworthy for potential IRA customers, especially those who are worried about whether they can trust their precious metal dealer.

Some of these companies even offer professional advice and guidance on which metals you should purchase, along with how much risk you should take. This advice takes into consideration your current financial situation and your potential gains or losses.

Security and storage fees options

Before you purchase precious metals from any of the gold IRA companies available (anything from one-ounce silver coins to a whole IRA), be sure to check out the company’s security and storage fees options.

For example, some companies will not store any metals in their physical possession but instead use vaults that are held by an outside third party. Others may keep their precious metal products on-site so they can be handled more quickly if needed.

It is recommended that you choose a company with secure vaults which are insured against damage or theft because this makes them safer as an investment.

The most important thing is that you feel safe storing your precious metals with a particular company. Since your IRA retirement account (and the quality of your life in the future) is linked to this process, there is more at stake than simply choosing a dealer who offers competitive rates.

Check out different company’s FAQs to ensure that you get accurate, to-the-point information when shortlisting the companies you’re interested in working with.

Customer service and advice

Precious metal assets may seem like a safe bet at first glance but they are not always easy to handle. Customers who lack knowledge about the industry could easily make decisions that will affect their retirement funds negatively.

Whether you want a company that offers professional advice and guidance to get you started, or simply one which is able to give you personalized information to expand your investment portfolio, you must choose your precious metal IRA company wisely.

For example, when purchasing gold bullion bars or other precious metals for your IRA, some companies require customers to call in (or fill out paperwork) before precious metal purchases can be finalized.

This may sound like an unnecessary inconvenience but when you consider how much money is involved, this extra bit of due diligence makes sense for everyone involved.

As with any industry, there are companies out there who care more about making a sale than providing quality service. Do your research before settling on one dealer so you know which companies are trustworthy and will be there to help you when/if you encounter any problems.

Customer reviews and testimonials

Every company has some negative customer reviews from time to time but if a particular company seems to have more than its fair share, you may want to think twice about working with them.

Some companies are easier to deal with than others so if someone says they had a bad experience, this should not be taken lightly because it might impact your own experience as well.

When making an informed decision about precious metal IRA dealers, be sure to check out their online customer reviews. These will give you a better idea of how the dealer operates and what you can expect from their services in the future.

If positive feedback outweighs negative comments, then chances are that the process went smoothly for those who have previously invested. This is a good sign that you should take into consideration.

Availability of metals

Understanding what kinds of metals are available for IRA purchase is also important.

Is there a list of all the products which are allowed to be purchased as part of the IRA? Are these products only silver or can they be made up of gold, platinum, or palladium as well? What kinds of coins are allowed and how big must they be to qualify?

This information is easy to find online but it’s always best if you ask potential precious metal dealers directly about their offerings before signing up with them. Not every company carries the same types of precious metal bars, coins or other items so make inquiries beforehand so you know exactly what you will need to make the most out of your IRA account.

Setup Fee

This is a fee that is charged by precious metals companies to set up an IRA account. It can be paid upfront (usually when opening the account) or it may come out of your first purchase with the dealer.

Since this is something you will pay for, make sure that the company offers peace of mind in return. Get information about other charges that might be levied by the dealer so you know what to expect.

This is particularly important if you are considering an account with a company that does not offer fixed rates because in this case, there will be other variables involved. All of this might make it more difficult for you to predict the exact costs involved.

Types of IRAs

There are various investment products that you can consider investing in. For example, a similar IRA to precious metals is known as Roth IRA and this is another form of retirement savings account that you might want to consider for your particular situation.

Fineness Requirements

One thing to consider is the minimum fineness requirements when you are looking to buy precious metals. The refiner used to make the coins will make a big difference in their final value.

A concept known as “millesimal fineness” refers to the purity or weight of precious metals. This millesimal fineness scale measures the purity of gold and silver to determine how much actual precious metal there is in the item that was produced.

Other factors to consider

Let’s finally look at a few more things to keep in mind before proceeding with investing in a precious metals IRA.

Various ways to invest

Real estate, stocks, or mutual funds are examples of other investments that you can make. Though these fall under the category of “alternative assets”, and might be suitable for some depending on their financial needs.

Understanding your options is crucial before making any final decision and should not be a process that is taken lightly.

IRS rules

Understanding the rules and regulations of the IRS is crucial. By doing your research (and even asking your brokerage for guidance), you will ensure that you comply with federal rules and regulations.

An IRA company has strict rules when it comes to preserving your retirement savings. Making sure that you do your part and follow the rules is vital to ensuring that your account is not compromised or disqualified for any reason.

Be sure to ask about the best ways to make a purchase within your IRA and understand the potential risks and benefits involved. As a taxpayer, you also have to pay taxes on your IRA funds so understanding what you owe is important.

Wrap Up.

Choosing the right precious metal IRA company to work with is a process that involves quite a bit of research. It is not simply a matter of convenience or picking the cheapest company because this decision has serious implications for your future.

To recap, the following is my shortlist of recommended precious metals IRA companies to consider:

  • Gold Co Precious Metals: Best for personalized help when opening a precious metal IRA.
  • Advantage Gold: Best for adding precious metal coins to your portfolio.
  • Augusta Precious Metals: Best for having a team that does the bulk of your investment work.
  • Regal Assets: Best for investing in the same place celebrities and billionaires do.
  • Liberty Gold and Silver: Best for answering your precious metals questions 24/7.
  • Golden Eagle Coins: Best for getting the latest prices of precious metals on the market.
  • Orion Metal Exchange: Best for getting A to Z precious metals buying advice.

Remember to follow the above tips closely and look for online customer reviews and testimonials to get an idea of how each company operates.

Remember that finalizing a purchase might involve more steps than initially appears, so having someone who will take the time to walk you through the process step by step is crucial.

What do you think? Have you invested (or plan to invest) in physical gold, silver, or other metals through an IRA? If so, which companies have you used, and what was your experience like?

Feel free to share your thoughts in the comments section below.

Further reading on AdamEnfroy.com: Check out the best money-making apps available right now if you want to learn more about this subject. In addition, here’s all the information you’ll need on the best business credit cards to consider if you’re interested in establishing a business that delivers a long-term income.