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by Donny Gamble

Goldco Precious Metals is a renowned precious metals firm specializing in IRAs (Individual Retirement Accounts). The company has made a name for itself for its service transparency, low yearly rates, and excellent customer service.

Goldco Precious Metals
Goldco logo
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Quick Company Highlights
  • Endorsed by Chuck Norris
  • A+ by the Better Business Bureau
  • 1,000's of 5-star customer reviews
  • Ranked #1 for pricing
Overall Rating
4.5/5
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Pros & Cons

If you’re unsure about companies that will handle your retirement investments seriously and are looking for a tried and tested source, we suggest Goldco.

You can open an IRA account with Goldco, and they help you choose the best precious metals for investment. 

Pros
  • Over a decade of experience handling IRA accounts.
  • Low yearly fees.
  • Exclusive new-client promotions.
  • Outstanding customer service.
Cons
  • Online account setup not supported.
  • Initial IRA deposit $25,000.

Are you looking for a secure and reliable way to utilize your retirement investments? Saving bonds, stocks, and mutual funds are high-risk commodities due to dollar dependence.

Does the ever-fluctuating stock market give you second thoughts?

How about investing in precious metals? Why? Because precious metals value remains unaffected even after a stock market crash.

If you’re unsure about companies that will handle your retirement investments seriously and are looking for a tried and tested source, we suggest Goldco. You can open an IRA account with Goldco, and they help you choose the best precious metals for investment.

Goldco icon

QUICK SUMMARY

Account Minimum: $25,000

Fees: $175-$225/yr

Promotion: 5% back on metals over $50k

About Goldco Precious Metals

Founded in 2006 in Woodlands California, Goldco is a precious metal firm offering retirement investment solutions. Goldco deals in gold, silver, platinum, and palladium, or a combination of these.

You can also buy precious metals directly from Goldco. 

Services

Two main Goldco services include precious metal IRAs and direct selling. 

Gold and Silver IRAs

Gold IRA refers to the possession of gold (or other permitted metals) for the account holder. It is similar to a conventional IRA but here, precious metals replace paper assets.

Silver IRA service is the same as Gold IRA, only with silver replacing gold as the asset. The major difference between both is that silver tends to gain a higher market percentage over gold, making it the preferred asset for investors looking to increase their wealth.

Non-Precious Metals IRA

If you’re only interested in the direct purchase of precious metals, Goldco offers IRS-approved gold and silver coins. There is no age or income limit involved.

You can place your precious metals in a safety vault or have them delivered to your address. 

Fees & Investment Minimum

Goldco uses the “as low as” approach to making its services affordable for everyone. Here are all the details for precious metals IRAs and non-IRA services with minimum investment requirements.

Precious Metals IRA Fees

Customers are entitled to a one-time fee of $50 for an IRA account set up and a $30 Wire fee. An annual $80 maintenance fee, $100 for segregated storage, and $150 for non-segregated storage purchase.

The starting price for precious metals IRAs is $260 yearly.

If you combine your IRA account with non-segregated storage, you will pay $260 for the first year and then $180 every following year.

If you prefer segregated storage, that’s a $50 extra charge. Your first-year payment will be $310 and then $230 for every other year.

Non-IRA Fees

There are $0 one-time annual maintenance and storage fees, which means you pay nothing for non-IRA services.

Minimum Investment Requirements

Precious metals IRAs range between $20,000-$25,000. Non-IRA services cost $3500. 

Who is Goldco Best For?

Goldco is the ideal investment service for the following types of investors.

  • People who prefer tangible assets. Unlike some companies that are at risk and may close down at any moment, precious metals maintain their value. If you’re looking for a reliable, physical investment source, then precious metals are a perfect choice.
  • Don’t want to take the risk of investing in the stock market. Precious metals always have market value and bear no risk to the investor. Even if the stock market fluctuates, precious metals serve as the savior, unlike traditional securities.
  • People looking for the right retirement investment plan. You don’t have to do extensive market research for the perfect investment. Precious metals are your safest bet, unlike unstable stocks, bonds, and mutual funds.
  • People who are about to retire or have reached the retirement age. The 2008 recession was a financial disaster, and you never know when it strikes again. The best to protect your wealth from any financial hardships is to invest in precious metals. 

Compare to Other Companies

Augusta Precious Metals
Augusta Precious Metals logo
  • Annual Fee: $180
  • Minimum Investment: $50,000
  • Promotion: Fees waived (depending on the investment amount)
american hartford gold
american hartford gold logo
  • Annual Fee: $180/yr
  • Minimum Investment: $2,500
  • Promotion: Receive up to $1,500 in free silver (with a qualifying purchase)
noble gold investments
Noble Gold logo
  • Annual Fee: $225/yr
  • Minimum Investment: $2,000
  • Promotion: Incredible precious metals buyback program

Reviews & 3rd Party Ratings

Goldco is among the handful of businesses to receive high trust scores at various review sites.

Goldco has established itself as one of the most trusted companies. The firm received accreditation with BBB in October 2020, with a score of 5 out of 5 stars, based on reviews from 49 clients. 

Goldco has scored a five-star rating at Trustlink for service excellence, quality customer services, and business practices. The rating is based on positive reviews from 253 investors.

At Trustpilot, Goldco rates 4.8 out of 5 stars as 561 investors have shared their positive experiences with the company.

Current Promotions

Currently, Goldco offers investors 5% back on precious metals valued at 50k and more. Goldco also runs other promotions from time to time, offering discounts on some of their services. 

How to Open an Account

Opening an account is an easy process. Just follow these steps.

  1. Visit their website and fill out the form to talk to a customer service representative for information about the account.
  2. If you’re ready, the representative will transfer your call to an IRA Specialist for further processing. You can also book an appointment to talk at your convenience.
  3. The job of the IRA Specialist is to gather all the required information from you, set up your account, and complete the transfer.
  4. When your account has the funds, you’ll be directed to an account executive who will guide you on the most suitable precious metals for your IRA investment. 

And your work is done. If your chosen precious metals are in stock with Goldco, they’ll be sent to your chosen storage company. If not, it can take between three to four weeks.

Final Verdict 

Now is the right time to purchase or invest in precious metals. Goldco is one of the few reputable, customer-centric firms which will provide you the best investment guidance.

With the easy IRA set up, low yearly fees, and professional help, you can’t go wrong with Goldco.

If you are an IRA investor, an IRA Specialist will be at your service to handle the rollover procedure. For non-IRA investors, an account executive ensures the timely delivery of precious metals.

Goldco has earned respect not only from investors but major review sites alike. The positive reviews and increasing clientele speak high of the company’s dedication towards excellent customer service and carrying out ethical business practices. 

If you're looking for a trustworthy firm specializing in IRAs, Goldco is a great place to start.

Ranked #1 for Best Pricing
Goldco logo

When it comes to customer service, fees, safety, and overall customer satisfaction, Goldco Precious Metals checks all of the boxes.

Goldco FAQ’s

If you still have some questions, read on to learn more about Goldco.

Is Goldco Legit?

Goldco holds an industry reputation as one of the best IRA firms. The company has been in business for over a decade and has received rave reviews from customers on numerous platforms.

Goldco continues to serve its clients with the utmost dedication.

Where are my gold or precious metals stored?

Goldco does not offer direct storage. Instead, they arrange storage with a secure third-party depository. A Goldco investment specialist will guide you on the best depository for your needs.

You can also use a custodian or storage company of your choice.

Why invest in precious metals in my IRA?

One of the main reasons precious metals are a good investment is their scarcity. Natural deposits will not last forever. Investing in precious metals now will prove to be a wise decision later. They are also instant liquidity. You can convert them into cash anytime. 

Does the 2008 recession ring a bell? It was the financial crisis that brought people from riches to rags. Some people could never recover their losses. Precious metals are a stable way to protect yourself from such financial debacles.

Where traditional securities fail to provide constant financial security, precious metals stay afloat. You will see a hike in their value even when the stock market isn’t performing well. 

Do I need to set up an LLC?

You do not have to be a business owner to invest in precious metals. There is no specific income requirement, so an LLC is not an eligibility criterion.

Firms providing investment services treat you as an individual customer.

Does opening a gold IRA require lots of complicated paperwork?

Many people think a gold IRA involves complex paperwork, but that’s not the case. Most companies handle the paperwork for the client.

All you need to do is contact the company and get in touch with a representative who will guide you accordingly.

Goldco IRA

Goldco is one of the premier Precious Metals IRA companies in the United States.

Product Brand: Goldco Precious Metals

Product In-Stock: InStock

Editor's Rating:
4.5

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About the author 

Donny Gamble

I'm Donny. An entrepreneur, world traveler, and active investor that is passionate about navigating through precious metals by investing in gold and silver. Connect with me on Linkedin or Twitter.