What are the best Gold IRA Companies in 2024? - Archaic Investments

What are the best Gold IRA Companies in 2024?

I think it is safe to say that you are looking not only for information on the best Gold IRA companies, but you actually want to see breakdowns of these companies.

So, you might be asking, “What are the best Gold IRA companies?” and “Why this one over that one?”

Well, in this article I wanted to not only provide you a breakdown of the best Gold IRA companies, but also the ‘why’ based on customer feedback, BBB ratings, Trustpilot ratings and a lot more.

Because this is a deep-dive into this topic, I’d expect it to take you around 15 minutes to read this article.

But, I have thrown in some charts that I hope will help inform you on the best companies.

Quick Disclaimer:

The content provided in this article is for informational purposes only and should not be considered financial or investment advice. Always consult with a qualified financial advisor before making any decisions regarding Precious Metals, Investing, or IRAs. Additionally, this article contains affiliate links, and I may earn a commission if you make a purchase through these links, at no additional cost to you.


Another question, I have been asked is, “What Gold IRA companies are the best” or “Which IRA companies are the most trusted?”.

If you’d like more information, below is a link to a comparison PDF by Augusta Precious Metals that could be useful. (It’s also free.)

Augusta Gold IRA Company Integrity Checklist


Basics of Gold IRAs

A Gold IRA is a type of self-directed individual retirement account that allows you to hold physical gold assets, such as bars or coins, within your retirement portfolio.

Unlike traditional IRAs, which typically hold stocks, bonds, or mutual funds, Gold IRAs are administered by accredited third-party providers specializing in self-directed investments.

These accounts offer unique tax benefits while providing an option to diversify your retirement savings (Gold IRA Guide).

To qualify as a Gold IRA, the account must allocate some of its holdings to physical gold.

However, it can also include other precious metals, alternative assets like annuities or cryptocurrencies, and even conventional assets like stocks and bonds.

The physical gold must be stored at an approved depository, resulting in additional fees compared to traditional or Roth IRAs (LendEDU).

Benefits of Gold IRAs

Gold IRAs offer several advantages that make them an attractive option for retirement planning:

  • Diversification: Including physical gold in your portfolio helps diversify your investments, reducing overall risk. Gold has historically performed well during market downturns, providing a hedge against stock market volatility (Gold IRA Guide).
  • Wealth Preservation: Gold is a tangible asset that tends to retain its value over time. By holding gold in your IRA, you can preserve your wealth and protect your retirement savings from inflation and currency fluctuations.
  • Tax Benefits: Like traditional IRAs, Gold IRAs offer tax-deferred growth on your investments. This means you won’t pay taxes on capital gains until you withdraw the assets from your account, allowing your investments to grow more efficiently.
  • Improved Returns: Gold-heavy IRAs have historically outperformed those without gold, improving returns during bull markets and lessening the negative impacts of falling stock prices during recessions or down markets (Gold IRA Guide).
  • Risk Mitigation: Gold IRAs serve as a strategic tool for minimizing risk and providing disaster insurance for your retirement portfolio. By incorporating physical gold, you can hedge against economic uncertainties and market volatility (Gold IRA Guide).

For more detailed information on the benefits and potential downsides, you can explore our article on what are the benefits of a precious metals ira and what is the downside of a gold ira.

BenefitDescription
DiversificationReduces overall risk by adding physical gold to your portfolio.
Wealth PreservationProtects against inflation and currency fluctuations.
Tax BenefitsOffers tax-deferred growth on investments.
Improved ReturnsHistorically outperforms non-gold IRAs in various market conditions.
Risk MitigationProvides a hedge against economic uncertainties and market volatility.

For additional insights on related topics, visit our articles on is a precious metal ira a good idea? and should i move my ira to gold?.


Another common question I get asked about sales tactics used by Gold IRA companies is about how silver is leveraged and mentioned.

If you want to learn more, below are two free PDFs by Augusta Precious Metals that break down how to check the integrity of an IRA provider as well as information on how Silver is used as a sales tactic.

Augusta Precious Metals Links:

Factors to Consider

Setup Fees

Setup fees for a self-directed IRA can range significantly.

These fees are typically one-time charges that cover the initial paperwork and account creation.

According to LendEDU, setup fees can start as low as $50 and go up to over $100, depending on the custodian.

CompanySetup Fee ($)
Low-End Custodians50
High-End Custodians100+

Annual Administrative Fees

Annual administrative fees cover the ongoing maintenance and record-keeping for your IRA.

These fees can vary widely based on the custodian and the services provided.

For instance, LendEDU notes that Vantage charges $275 per year, while Equity Trust’s fees range from $225 to $2,250 annually, depending on the account value.

CustodianAnnual Fee ($)
Vantage275
Equity Trust225 – 2,250

Storage Fees

Storage fees are charged for keeping your gold in a secure depository.

These fees can vary based on whether your gold is stored in commingled or segregated storage.

As per LendEDU, Delaware Depository charges $125 for nonsegregated storage and $290 for segregated storage when using Kingdom Trust as the custodian.

Storage TypeFee ($)
Nonsegregated Storage125
Segregated Storage290

For more details on storage options, visit our article on can i store my gold ira at home?.

Transaction Fees

Transaction fees apply when you buy, sell, or exchange precious metals within your IRA.

These fees can vary by company. For example, New Direction Trust Company charges $95 per transaction, while Kingdom Trust charges $40 per request (LendEDU).

CompanyTransaction Fee ($)
New Direction Trust Company95
Kingdom Trust40

For more information on the costs involved, check out our guide on how much does a gold ira cost?.

By considering these factors, you can make an informed decision about which Gold IRA company best suits your needs.

Be sure to explore additional resources and articles on our site to further enhance your understanding of precious metal IRAs.

Best Gold IRA Companies in 2024

If you’re wondering, “what is the best gold IRA company?” look no further. Here are the top gold IRA companies for 2024, each offering unique benefits and features to cater to your investment needs.

Augusta Precious Metals

Augusta Precious Metals is renowned as the “Most Trusted Gold IRA Company in the United States”. They offer a minimum IRA account of $50,000 and provide a free educational kit. Augusta Precious Metals is promoting a ZERO FEES Gold IRA for up to 10 years and has received numerous accolades, including an A+ rating from the Better Business Bureau. More details can be found in the Jerusalem Post.

FeatureDetails
Minimum Investment$50,000
Educational KitFree for 2023
FeesZERO FEES for up to 10 years
Augusta Precious Metals Links:

GoldCo

GoldCo is highly recommended as the best overall Gold IRA provider in 2024. They offer a wide selection of gold and other precious metal assets through self-directed IRAs. GoldCo supports rollovers for various accounts and provides educational resources for investors. A minimum investment of $25,000 is required to set up an IRA and purchase gold. For more information, visit Business Insider.

FeatureDetails
Minimum Investment$25,000
RolloversSupported for various accounts
Educational ResourcesAvailable

Noble Gold

Noble Gold, founded in 2017, is recognized for being cost-effective due to their lack of spending on advertising or celebrity endorsements. This results in lower prices for customers. Despite being a newer company, they have quickly gained popularity in the industry. Learn more at Income Insider.

FeatureDetails
Established2017
Cost-EffectiveLower prices due to minimal advertising costs

Birch Gold Group

Established in 2003, Birch Gold Group is highly recommended for first-time buyers. They have maintained a nearly 5/5-star average customer rating and have strong relationships with IRA custodians and non-private depositories across the U.S. For additional information, visit Income Insider.

FeatureDetails
Established2003
Customer RatingNearly 5/5 stars
First-Time BuyersHighly recommended

American Hartford Gold

American Hartford Gold, a family-owned company located in Los Angeles, offers a wide selection of gold, silver, platinum, and palladium products eligible for gold IRAs. They have a low $10,000 IRA minimum, making them accessible to a broader range of customers. More details can be found at Income Insider.

FeatureDetails
Minimum Investment$10,000
Family-OwnedBased in Los Angeles
Product RangeGold, silver, platinum, and palladium

Choosing the right gold IRA company involves considering factors like setup fees, annual administrative fees, and storage fees. Visit our guide on how much does a gold IRA cost for more details. Whether you’re a first-time investor or looking to diversify your portfolio, these companies offer robust options to suit your needs. For more insights, explore our articles on is a precious metal ira a good idea? and what is the downside of a gold ira?.

Gold IRA Benchmarks

SPDR Gold Trust ETF

The SPDR Gold Trust ETF is designed to track the price of gold bullion.

It serves as a benchmark for gold prices in the ETF market.

This ETF provides a way for investors to gain exposure to gold without physically holding the metal.

MetricValue
Ticker SymbolGLD
Expense Ratio0.40%
1-Year Return6.5%
5-Year Return8.2%

S&P 500

The S&P 500 is one of the most widely followed stock market indexes.

It measures the performance of the 500 largest U.S. stocks and serves as a de facto investing benchmark.

As of January 2024, the top 10 holdings in the SPDR S&P 500 ETF (SPY) comprised just over 30% of the portfolio.

MetricValue
Ticker SymbolSPY
Expense Ratio0.09%
1-Year Return18.4%
5-Year Return14.5%

Russell 2000 Index

Investors holding small-cap stocks may use the Russell 2000 Index as their benchmark.

This index comprises 2,000 of the smallest companies within the broader Russell 3000 Index, often having higher growth potential but also more volatility.

MetricValue
Ticker SymbolIWM
Expense Ratio0.19%
1-Year Return15.3%
5-Year Return10.2%

Bloomberg U.S. Aggregate Bond Index

The Bloomberg U.S. Aggregate Bond Index is a widely accepted benchmark for the U.S. investment-grade bond market. It reflects the overall performance of high-quality fixed-income instruments.

Some ETFs, such as the iShares Core U.S. Aggregate Bond ETF, seek to replicate its returns.

MetricValue
Ticker SymbolAGG
Expense Ratio0.05%
1-Year Return-0.8%
5-Year Return3.1%

When considering what is the best gold IRA company, it’s essential to compare these benchmarks to evaluate the performance of your investments. For more on precious metal IRAs, check out is a precious metal ira a good idea? and how much should you invest in precious metals?.

Additional Top Gold IRA Companies

Patriot Gold Group

Patriot Gold Group, established in 2016, has earned a stellar reputation with a rating of 4.9/5.

This company is known for its variety of gold, silver, platinum, and palladium products suitable for retirement savings.

They provide a streamlined process for setting up gold IRAs and offer a 24-hour account setup feature for swift service.

Patriot Gold Group is accredited with an A+ rating from the Better Business Bureau.

FeatureDescription
Rating4.9/5
Established2016
BBB AccreditationA+
Setup Time24 hours

Orion Metal Exchange

Founded in 2017, Orion Metal Exchange is rated 4.9/5 and specializes in gold, silver, platinum, and palladium coins and bars.

The company focuses on Precious Metals IRAs and is dedicated to educating clients, providing personalized advice, and ensuring transparency and integrity in investment decisions (Focus on the User).

FeatureDescription
Rating4.9/5
Established2017
SpecializationGold, Silver, Platinum, Palladium
FocusClient Education, Transparency

Advantage Gold

Advantage Gold, established in 2014, is rated 4.8/5 and is renowned for its educational approach in guiding customers through precious metals investing.

The company offers extensive market analysis and investment strategies and has a strong reputation for customer service and ethical business practices.

Advantage Gold requires a minimum investment of $25,000 when starting a gold IRA (Focus on the User).

FeatureDescription
Rating4.8/5
Established2014
Minimum Investment$25,000
FocusEducation, Customer Service

Oxford Gold Group

Oxford Gold Group, founded in 2017, is rated 4.8/5.

The company is recognized for its ethical approach, commitment to affordable precious metals investment options, and personalized service.

Oxford Gold Group offers a wide range of products suitable for gold IRAs and focuses on customer education and competitive pricing (Focus on the User).

FeatureDescription
Rating4.8/5
Established2017
FocusEthical Investment, Customer Education
PricingCompetitive

Noble Gold Investments

Noble Gold Investments is highly rated at 4.9/5 and is highlighted for its competitive fees, superior storage options, and exceptional customer service.

The company has an A+ rating from the Better Business Bureau, a 4.7 score on Trustpilot, and a 4.9 rating on Google Reviews. Noble Gold Investments requires a minimum investment of $20,000 when opening a gold IRA (Focus on the User).

FeatureDescription
Rating4.9/5
BBB AccreditationA+
Trustpilot Score4.7
Minimum Investment$20,000
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