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In order to make a wise investment in silver and other precious metals, it is important to do your research and choose a reputable company. To help you do just that, we put together a list of the best silver investment companies out there.
There are many options available, so it is important to compare the following features:
- Compare their overall service
- Evaluate the products on offer
- Asses their fee schedule, especially storage and transportation
- Experience their approach to customer care
One way to start is by creating a shortlist of potential companies that meet your needs. You can then contact these companies to learn more about their services and fees, and compare their offerings to make the best choice for your investment.
It is also a good idea to read reviews and check the ratings of these companies with organizations like the Better Business Bureau and the Business Consumer Alliance. This can help you gauge the quality of their services and customer care. Remember to always do your own research and make a decision that is right for you.
Table of Contents
1. Advantage Gold
- URL: https://www.advantagegold.com
- Phone: 833-451-0869
- Location: Los Angeles California
Advantage Gold is a precious metals company that started offering its services in 2014 and has achieved an excellent track record with its customers. The company’s professional work has put them among the top leaders in the industry.
Advantage Gold has an A+ rating from the Better Business Bureau and a 5-star customer rating from 63 reviews. They have only received one complaint filed with the Better Business Bureau over the past 12 months. They also have a top-tier rating of AAA from the Business Consumer Alliance and no complaints filed.
Advantage Gold was founded by Kirill Zagalsky and Adam Baratta, who have both previously worked for a US Mint dealer specializing in precious metals IRAs. They are joined by Larry Levin as CEO, who along with Zagalsky has been featured on media outlets such as Bloomberg, Fox Business, and NBC.
This gold company offers a full range of IRS-approved precious metal items. They also cater to home delivery and storage, and offer the highest standards in third-party storage through Brink’s Global Services.
You can read our full review of Advantage Gold here.
Pros
👍
- Listed as a dealer of the United States Mint
- Home delivery and storage are available
- Reliable buyback program
- Wide selection of precious metals
Cons
👎
- Lack of online chat
- No online pricing or quotes
Advantage Gold | Factsheet |
---|---|
Year Founded | 2014 |
Headquarters | Los Angeles, California |
Supports 401(k) | No |
Assets available | Gold, Silver, Platinum, and Palladium |
International storage | No |
Custodians | Self-Directed IRA Services Inc. |
Segregated storage | Yes |
Preferred storage | Brinks Wilmington, Delaware |
Annual cost | $250 Annually |
Scaled or flat fees? | Flat Fees |
2. Augusta Precious Metals
- URL: https://www.ausgustapreciousmetals.com
- Phone: 844-615-4484
- Location: Beverly Hills, California
Augusta Precious Metals is a silver IRA company that was founded in 2012. The company has received a rating of A+ from the Better Business Bureau and a rating of AAA from the Business Consumer Alliance. Augusta Precious Metals has received no complaints from these institutions and has received 5-star customer ratings.
This precious metals IRA company maintains a commitment to transparency and is currently offering the first year with no IRA fees. However, Augusta Precious Metals only deals in silver and gold investments and does not offer platinum or palladium.
The company uses some of the most trusted custodians such as Equity Trust, Goldstar Trust, and Kingdom Trust. Storage is provided by the renowned Delaware Depository and is fully insured with Lloyd’s of London.
The company is headquartered in Beverly Hills, California, and was founded by its CEO, Isaac Nuriani. Nuriani graduated from the University of California with a degree in Economics. He is a member of the National Coin & Bullion Association (ICTA) and is an advocate for retirement savers.
You can read our full review of Augusta Precious Metals here.
Pros
👍
- Selection of popular gold and silver IRS-approved coins & bullion
- Selection of esteemed custodians
- Storage provided by an industry leader – Delaware Depository
- Online chat
- Fully insured shipping – Through USPS, FedEx, or Brinks Armored
Cons
👎
- Only gold and silver items
- No gold and silver pricing or quotes on their website, you must call for a quote
- No fee schedule available on their website
Augusta Precious Metals | Factsheet |
---|---|
Year Founded | 2012 |
Headquarters | Beverly Hills, California |
Supports 401(k) | Yes |
Assets Available | Gold & Silver |
International Storage | Yes |
Custodians | Equity Trust, Goldstar Trust, Kingdom Trust |
Segregated Storage | Yes |
Preferred Storage | Delaware Depository |
Annual Cost | Variable |
Scaled or Flat Fees? | Flat Fees |
3. Noble Gold
- URL: https://www.noblegoldinvestments.com
- Phone: 877-646-5347
- Location: Encino, California
Noble Gold was founded in 2017 as a silver IRA company by a team of financial experts with over 20 years of experience in the industry. The company claims to have executed over $1 billion in precious metals transactions for its clients.
The company has a high ranking on customer review sites, with a AA from the Business Consumer Alliance and an A+ from the Better Business Bureau. Customer reviews on both sites are five stars, although the company has had 3 complaints with the Better Business Bureau over the past three years.
To make investing in silver easy Noble Gold offers a free investment kit and can get clients up and running in just 5 minutes. The founding team is made up of Collin Plume and Charles Thorngren, both of whom have decades of experience in alternative investments such as real estate, stocks, bonds, and precious metals
You can read our full review of Noble Gold here
Pros
👍
- Quick account setup
- Solid buyback program
- Free investor guide
- Extensive information from their website
Cons
👎
- Lack of international storage options
- No online pricing or quotes for items
Noble Gold | Factsheet |
---|---|
Year Founded | 2017 |
Headquarters | Encino, California |
Supports 401(k) | No |
Assets available | Gold, Silver, Platinum, Palladium |
International storage | No |
Custodians | International Depository Services |
Segregated storage | Yes |
Preferred storage | Texas Depository |
Annual cost | $230 Minimum |
Scaled or flat fees? | Scaled |
4. American Hartford Gold
- URL: https://www.americanhartforgold.com
- Phone: 800-462-0071
- Location: Los Angeles, California
American Hartford Gold opened its doors in 2015 and has quickly established itself as one of the leaders in the industry. They offer a wide collection of IRS-approved silver, gold, and platinum but do not have any palladium items.
The company has an A+ rating from the Better Business Bureau and a 5-star rating from 344 customer reviews. They also have an AA rating from the Business Consumer Alliance and a 5-star customer rating from 8 reviews.
However, they have received 22 customer complaints through the Better Business Bureau over the past 3 years. The company has various storage options and has partnered with renowned custodian Equity Trust Company.
They have a wide range of bullion items available for gold, silver, and platinum. The company was founded and is run by Sanford Mann, who graduated with a degree in Economics from Eastern Connecticut University. He has held various management positions in the financial field in New York City.
You can read our full review on American Hartford Gold here.
Pros
👍
- Extremely wide selection of IRS-approved gold, silver, and platinum items
- Choice of three depository companies
- Fully insured shipping
- Renowned custodian
Cons
👎
- Lack of palladium products for further diversification in precious metals
- No online prices or quotes for their items
American Hartford Gold | Factsheet |
---|---|
Year Founded | 2015 |
Headquarters | Los Angeles, California |
Supports 401(k) | No |
Assets available | Gold, Silver, and Platinum |
International storage | No |
Custodians | Equity Trust Company |
Segregated storage | Yes |
Preferred storage | Delaware Depository, International Depository Services, and Brinks Inc. |
Annual cost | Variable |
Scaled or flat fees? | Flat Fees |
5. Gold Alliance
- URL: https://www.goldaliance.com
- Phone: 888-642-3314
- Location: Woodland Hills, California
Gold Alliance was established in 2017 and has quickly become one of the top companies in the country for investing in silver. The company is ranked as the fastest-growing and the number one silver company in the Inc. 500.
They have a top-tier rating from the Business Consumer Alliance with a AAA rating. As well as an A+ from the Better Business Bureau and a 5-star customer rating from 179 reviews.
The gold IRA company was founded by three individuals: Joseph Sherman (CEO), Kevin Troy (Senior Portfolio Manager), and Fred Abadi (Senior Portfolio Manager). Sherman and Troy have previous experience in the financial services industry, and Abadi has a decade of experience in the precious metals industry.
You can read our full review of Gold Alliance here
Pros
👍
- Wide selection of IRS-approved gold and silver items
- Insured shipping
- Choice of renowned IRA custodians
- Two international storage options
Cons
👎
- Only offer gold and silver
- No prices or quotes for their items online
Gold Alliance | Factsheet |
---|---|
Year Founded | 2017 |
Headquarters | Reno, Nevada |
Supports 401(k) | No |
Assets available | Gold and Silver |
International storage | Two Options: Bank of Nova Scotia, Canada, and MIT International |
Custodians | Equity Trust, STRATA Trust, and Goldstar Trust |
Segregated storage | Yes |
Preferred storage | Delaware Depository |
Annual cost | Precious Metals IRA $180 |
Scaled or flat fees? | Flat Fees |
6. Advantage Gold
- URL: https://www.advantagegold.com
- Phone: 833-451-0869
- Location: Los Angeles California
Advantage Gold is a precious metals company that started offering its services in 2014 and has achieved an excellent track record with its customers. Through its professional work, they are now among the top leaders in the industry.
Advantage Gold has an A+ rating from the Better Business Bureau and a 5-star customer rating from 63 reviews. They have only received one complaint filed with the Better Business Bureau over the past 12 months. They also have a top-tier rating of AAA from the Business Consumer Alliance and no complaints filed.
Advantage Gold was founded by Kirill Zagalsky and Adam Baratta, who have both previously worked for a US Mint dealer specializing in precious metals IRAs. They are joined by Larry Levin as CEO, who along with Zagalsky has been featured on media outlets such as Bloomberg, Fox Business, and NBC.
They can cater to home delivery and storage and offer the highest standards in third-party storage through Brink’s Global Services. Advantage Gold also offers a full range of IRS-approved precious metal items
You can read our full review of Advantage Gold here.
Pros
👍
- Listed as a dealer of the United States Mint
- Home delivery and storage are available
- Reliable buyback program
- Wide selection of precious metals
Cons
👎
- Lack of online chat
- No online pricing or quotes
Advantage Gold | Factsheet |
---|---|
Year Founded | 2014 |
Headquarters | Los Angeles, California |
Supports 401(k) | No |
Assets available | Gold, Silver, Platinum, and Palladium |
International storage | No |
Custodians | Self-Directed IRA Services Inc. |
Segregated storage | Yes |
Preferred storage | Brinks Wilmington, Delaware |
Annual cost | $250 Annually |
Scaled or flat fees? | Flat Fees |
7. American Bullion
- URL: https://www.americanbullion.com
- Phone: 800-GOLD-IRA
- Location: Los Angeles, California
American Bullion Gold was established in 2009 and has managed to work its way to becoming one of the leaders in the industry of precious metals investing. The company is a member of the National Coin & Bullion Association and a member of the national ethics association.
The company has a single A rating on the Better Business Bureau with zero complaints over the past 12 months. The Business Consumer Alliance gives the company a AAA rating with no complaints. They are also recognized dealers of both the United States Mint and the Royal Mint of Canada.
Advantage Gold takes pride in being a pioneer in streamlined gold IRA account processing. They have experienced professionals who work with brokers and clients to create a hassle-free experience.
Their minimum investment is higher than average at $50,000 when compared to many other companies that ask for $10,000 or less. However, their fee schedule is on the lower end of the industry average. The annual fee is $75 for accounts under $100,000 and $150 for accounts over that amount. Storage fees are $290 for all accounts.
You can read our full review of American Bullion here.
Pros
👍
- Listed as a dealer of the United States Mint
- Wide selection of precious metals and items
- Also offers European coins
- Free account and storage fees for 1st year
Cons
👎
- Large minimum investment to open an account
- Slower delivery times
American Bullion | Factsheet |
---|---|
Year Founded | 2009 |
Headquarters | Los Angeles, California |
Supports 401(k) | No |
Assets available | Gold, Silver, Platinum, and Palladium |
International storage | No |
Custodians | Delaware Depository |
Segregated storage | Yes |
Preferred storage | Delaware Depository, STRATA Trust |
Annual cost | Variable |
Scaled or flat fees? | Flat fees |
8. GoldCo
- URL: https://www.goldcopreciousmetals.com
- Phone: 855-465-3472
- Location: Calabasas, California
GoldCo was founded in 2006 and successfully steered through the 2008 financial crisis. The company has continued to flourish and presents itself as a leader in the precious metals industry.
GoldCo states that it focuses on helping clients understand and educate themselves about precious metals investing through an IRA. They claim that their business success relies on the trust and relationship between their clients and their IRA experts.
GoldCo has an A+ rating from the Better Business Bureau and five-star ratings from 436 customer reviews. They have received 12 complaints in the last 12 months. The Business Consumer Alliance gives GoldCo a AAA rating, with one complaint filed.
GoldCo was founded by Trevor Gerszt, who immigrated to the United States at the age of six. After he obtained his real estate license, he ventured into the San Fernando Valley property market. However, he soon realized that precious metals offered an even greater opportunity and set up GoldCo.
Gerszt wanted to offer unmatched service and a quality product. From his experience with less ethical precious metals providers, he decided he would run his company according to the strictest ethical practices. GoldCo offers a Self-Storage IRA where clients have the highest possible degree of control over their precious metals.
You can read our full review on GoldCo here.
Pros
👍
- Offers a wide choice of IRS-approved gold and silver coins including less common Mexican Libertad, and Vienna Philharmonics
- Focuses on educating and putting their client’s goals and needs first
- The 18-year history of commitment to client satisfaction as demonstrated by many five-star reviews
Cons
👎
- Does not offer platinum or palladium or gold and silver bars
- Does not have a preferred custodian partner
- Does not appear to have a partnered vault storage company
GoldCo | Factsheet |
---|---|
Year Founded | 2006 |
Headquarters | Calabasas, California |
Supports 401(k) | No |
Assets available | Gola and Silver |
International storage | No |
Custodians | Not Available |
Segregated storage | Not Available |
Preferred storage | Not Available |
Annual cost | Variable |
Scaled or flat fees? | Flat Fees |
9. Birch Gold
- URL: https://www.birchgold.com
- Phone: 800-355-2116
- Location: Burbank, California
Birch Gold was set up in 2003 and has constantly expanded since then to become one of the top silver companies in the United States. Unusual for the silver investing industry, this company doesn’t publish any information about the management.
Birch Gold has an A+ rating from the Better Business Bureau and a AAA rating from the Business Consumer Alliance. The company has 71 customer reviews on the Better Business Bureau with a five-star rating, and three customer complaints over the past 12 months.
Unlike some companies that focus only on coins, Birch Gold offers a wide range of gold, silver, platinum, and palladium coins and bars. Birch Gold also offers a choice of top custodians to choose from, including Equity Trust, Goldstar Trust, and STRATA Trust.
They have partnered with the esteemed Brink’s Global Service for storage, and customers can also choose the Delaware Depository, with locations in Wilmington, Delaware, and Seal Beach, California.
You can read our full review of Birch Gold here.
Pros
👍
- Complete and extensive selection of IRS-approved coins and bars in gold, silver, platinum, and palladium
- Good choice of custodians – Equity Trust, STRATA Trust, and Goldstar Trust
- Top-tier vault storage from Brink’s and the Delaware Depository
Cons
👎
- The company does not provide any information about its management team.
Birch Gold | Factsheet |
---|---|
Year Founded | 2003 |
Headquarters | Burbank, California |
Supports 401(k) | No |
Assets available | Gold, Silver, Platinum, and Palladium |
International storage | No |
Custodians | Equity Trust, STRATA Trust, and Goldstar Trust |
Segregated storage | Yes |
Preferred storage | Brink’s Global Service and Delaware Depository |
Annual cost | Variable |
Scaled or flat fees? | Flat Fees |
10. Rosland Capital
- URL: https://www.roslandcapital.com
- Phone: 844-754-1349
- Location: Santa Monica, California
Rosland Capital has been in the precious metals business since 2005, they take a no-gimmicks approach to investing. The company specializes in converting traditional IRAs into silver IRAs for the value offered by precious metals.
This gold company was founded by Martin Aleksov, who continues to serve as CEO and is involved in the expansion of the company and ensuring that all clients get more than they expect. Aleksov opened Rosland’s first international branch in the United Kingdom and later went on to open branches in Germany and France.
Rosland Capital has a AAA rating from the Business Consumer Alliance and an A+ rating from the Better Business Bureau. In both organizations, the company has five-star customer reviews, with 10 complaints over the past 12 months on the Better Business Bureau.
The company deals in all the main precious metals, allowing investors to diversify their holdings. Their leading economist believes that all investors should hold between 10 and 15 percent of their savings in precious metals.
However, their website doesn’t contain information about which custodians or storage services they may use. Nor do they publish any fee schedule, so you will have to contact them to get this information.
You can read our full review of Rosland Capital here.
Pros
👍
- Offers a highly recognized and reputable brand
- Has been selling precious metals since 2008
- Quality educational material from their website
Cons
👍
- Only gold and silver coins, no other precious metals or bars
- Not transparent about the fee schedule
- No open information about custodians and storage partners
Rosland Capital | Factsheet |
---|---|
Year Founded | 2008 |
Headquarters | Santa Monica, California |
Supports 401(k) | No |
Assets available | Gold, Silver, Platinum, and Palladium coins and bars |
International storage | Not Available |
Custodians | Not Available |
Segregated storage | Not Available |
Preferred storage | Not Available |
Annual cost | Not Available |
Scaled or flat fees? | Not Available |
Best Silver Investment Companies: Offshore
Offshore gold companies may be an appealing option for investors looking to secure their precious metals holdings. As the United States, the United Kingdom, and Australia are the only developed countries with a history of confiscating gold, offshore storage offers increased protection.
When choosing an offshore storage location, it is important to consider the following factors:
Stability: When selecting a location to store your precious metals, it is crucial to consider the economic and political stability of the country. A nation’s economy and political system can greatly impact the likelihood of confiscation. So, it is important to choose a country with a strong and stable economy and political system to reduce the risk of confiscation.
Security: This relates to both the security of the facility and the general security of the nation.
Infrastructure: When it comes to infrastructure, factors such as the availability of international airports and secure roads for transportation and access should be taken into consideration. These elements can play a significant role in the ease and safety of accessing your precious metals in an offshore storage location.
Legal Issues: These are an important but often overlooked aspect of choosing an offshore storage location for your precious metals. It is essential to ensure that the country has a sound legal system in place that will protect your holdings from confiscation by the local government or employees, even under pressure.
Privacy: It is important to ensure that the local government has laws in place that protect your privacy. These laws should guarantee that the government is not required to share any information about your offshore holdings with anyone.
Risk of Confiscation: The risk of confiscation is an important factor to consider when choosing an offshore storage location for your precious metals. The United States has a history of confiscating its citizens’ gold, while countries like Switzerland, Singapore, and the Cayman Islands have never done so and are unlikely to in the future. It is important to carefully consider the risk of confiscation when selecting an offshore storage location for your precious metals.
11. SWP Cayman
- URL: https://www.swpcayman.com
- Phone: +1 345 640 2111
- Location: Cayman Islands
SWP started operations in 2015 and has since evolved into a leading provider of precious metals and offshore storage. Their clients include individuals, companies, trusts, and wealth management professionals.
The company is an IRS-approved storage facility for all US citizens and residents holding an IRA, even if it is an offshore company. They are also fully approved distributors for the Royal Mint of England and the Perth Mint of Australia and are approved vendors of the LBMA and COMEX refineries.
SWP offers its clients a full suite of services when it comes to investing in precious metals. That’s thanks to their partnerships with some of the top bullion dealers. They also have a wide range of coins and bars across the full spectrum of precious metals.
SWP has an advisory team made up of three experts from the precious metals investing field. For example, Jeff Clark spent ten years at the renowned publication Big Gold as their senior editor. Jeff Thomas has studied under the likes of Sir John Templeton and Harry Schultz of the Austrian School of Economics and has written a column for ten years about limiting government interference.
You can read our full review of SWP Cayman here.
Pros
👍
- SWP is based in the fifth-largest offshore financial services center in the world
- Cayman Island offers one of the world’s most secure jurisdictions
- Storage is easily accessible and close to US investors
- Multiple choice of secure locations
👎
Cons
- Sliding scale storage fees can prove to be expensive
SWP Cayman | Factsheet |
---|---|
Year Founded | 2015 |
Headquarters | Cayman Islands |
Assets available | Gold, Silver, Platinum, and Palladium coins and bars |
International storage | Yes |
Segregated storage | Yes |
Storage | Class III UL-rated, fully insured and segregated vaulting facility |
Storage Fees | 0.65% under $200,000 – 0.50% over $200,000 for gold and platinum group metals. 0.85% and 0.75% for silver |
Transaction Fees | From $50 to $75 per transaction |
12. Gold Switzerland
- URL: https://www.goldswitzerland.com
- Phone: +41 44 213 62 45
- Location: Zurich, Switzerland
Gold Switzerland was founded in 2012 by the management team at Matterhorn Investment Management. The investment management firm started advising its clients to invest a high percentage of their wealth in gold in 2002 when gold was trading at around $300 per ounce.
This company’s primary focus is on providing the highest level of security for its clients. Both choices of locations, Switzerland and Singapore, offer a very high degree of jurisdictional safety. The Swiss Alps vault is set in rock and has military-grade security, and can withstand seismic, atomic, biological, chemical, and cyber-attacks.
For those who wish to visit their physical holdings in the Alps, the facility even has its own private airstrip and high-end lodgings. However, storage in this facility requires a significant minimum investment.
Not surprisingly, the minimum investment for the Swiss Alps location is $5 million, and the minimum investment for the facilities in Zurich and Singapore is $400,000. The storage fees are higher than average, but given the highest level of security offered, they may be justified.
You can read our full review of Gold Switzerland here.
Pros
👍
- Gold Switzerland has backing from parent company Matterhorn Investment Management
- Choice of a military-grade vault in the Swiss Alps in an undisclosed location
- Founding principal, Egon Von Greyerz is a legend in wealth preservation
Cons
👎
- Higher than average sliding scale fees
- A high minimum investment required
Gold Switzerland | Factsheet |
---|---|
Year Founded | 2012 |
Headquarters | Switzerland |
Assets available | Gold and Silver |
International storage | Yes |
Segregated storage | Yes |
Storage | High-security military-grade vault in the Swiss Alps, alternative areas in Zurich and Singapore |
Storage Fees | 1.25% per year of holdings for gold and silver |
13. GoldBroker
- URL: https://www.goldbroker.com
- Phone: +1 800-780-0350
- Location: Zurich, Switzerland
GoldBroker was established in 2011 by Egon Von Greyertz, the founding principal at Matterhorn Investment Management. Unlike Gold Switzerland, which focuses on high-net-worth individuals, GoldBroker offers its services to a wider audience with minimum investments starting at £10,000.
The company takes pride in providing a service that allows for the purchase, storage, and sale of precious metals outside of the banking system. They have storage facilities in Switzerland and Singapore, two of the most jurisdictionally sound countries.
And also offer storage locations in the United States and Canada to cater to citizens and residents of these countries. This offering complies with the rules these countries have for investors wishing to hold precious metals in retirement savings accounts.
GoldBroker charges a fee of $200 but allows investors to access their precious metals at any time and take delivery of the precious metals.
You can read our full review on GoldBroker here.
Pros
👍
- 4 Locations: Switzerland, Singapore, the United States, and Canada
- Easy delivery of your precious metals
- Low minimum investment at £10,000
Cons
👎
- Lack of information on exact features of storage vaults
- High transaction fees
GoldBroker | Factsheet |
---|---|
Year Founded | 2011 |
Headquarters | Switzerland |
Assets available | Gold, Silver, Platinum, and Palladium |
International storage | Yes |
Segregated storage | Yes |
Storage | Malca-Amit Institutional Level Storage |
Storage Fees | £100 for investments under £20,000, free for larger investments |
Transaction Fees | 1.50% up to £40,000, 1.25% up to £90,000, and 1.10% up to £360,000, call for larger investments |
14. Kitco
- URL: https://www.kitco.com.hk
- Phone: +1 852 2827 7800
- Location, Hong Kong
Kitco was founded in 1977 and has since grown to become a global organization. The company has branches in New York, United States, and Hong Kong, China and is headquartered in Montreal, Canada. They offer the widest range of precious metals, including palladium and rhodium, the last two not often found at many dealers.
Kitco prides itself on setting up storage facilities that lie outside of the banking system. However, we find that their choice of Hong Kong as their main storage hub lacks the country-specific jurisdictional safety that is offered by other locations. Their prices and quotes for the precious metals items they offer are transparent and easily available on their website.
In addition to offering a wide range of precious metals, Kitco is also a leader in providing accurate and dependable news related to precious metals. Their services have helped them gain thousands of clients for their purchases and storage of precious metals.
You can read our full review on Kitco here
Pros
👍
- The 40-year-old company is a household name in precious metals
- Kitco offers various bullion storage locations around the globe
- More choice in precious metals than most dealers
Cons
👎
- Monthly storage fees add up quickly
Kitco | Factsheet |
---|---|
Year Founded | 1977 |
Headquarters | Hong Kong |
Assets available | Gold, Silver, Platinum, Palladium, and Rhodium |
International storage | Yes |
Segregated storage | Yes |
Storage | Top-tier security vault |
Storage Fees | Gold and platinum group metals 0.30% per month, silver 0.01% per month, minimum $25 per month |
15. GoldCore
- URL: https://www.goldcore.ie
- Phone: +353 1 632 5010
- Location: Dublin, Ireland
GoldCore was created in 2003 and is based in Ireland. They have several storage sites worldwide and rely on two renowned storage and transportation operators: Brink’s and Via Mat international.
Storage locations include:
- Salt Lake City
- New York
- Delaware
- London
- Frankfurt
- Zurich
- Singapore
- Hong Kong
GoldCore is transparent about its pricing, with quotes for its products directly available on its website. They also offer a savings account where GoldCore will make scheduled purchases for clients who commit to holding their savings for 12 months.
All their bullion is purchased through LBMA-approved refineries with a competitive 5% markup. Investors can choose to save as little as $100 a month with no maximum amount. The management team has a background in finance and has helped make GoldCore a go-to shop not only for precious metals buyers but also for media outlets.
The management team at GoldCore has contributed to financial media outlets such as the Wall Street Journal, CNBC, CNN, Reuters, Bloomberg, and the Associated Press. They also participate in polls and surveys run by Reuters and Bloomberg.
You can read our full review on GoldCore here
Pros
👍
- A trusted reputation built over time
- Choice of storage options worldwide
- In-person pick up at no extra charge
Cons
👎
Only gold and silver items
Slightly high storage fees for smaller investments
GoldCore | Factsheet |
---|---|
Year Founded | 2003 |
Headquarters | Ireland |
Assets available | Gold and Silver |
International storage | Yes |
Segregated storage | Yes |
Storage | Brink’s and Via Mat International |
Storage Fees | Scaled from 1% for under $100,000 to 0.49% for over $750,000 |
16. Swiss Gold Safe
- URL: https://www.swissgoldsafe.com
- Phone: +41 (0)41 884 04 04
- Location: Switzerland and Lichtenstein
Swiss Gold Safe was founded in 2006 and specializes in the safe storage of precious metals and other valuables. The company can also supply safe storage to investors looking to hold and keep secure gems, artwork, collectibles, and more.
They do not directly sell precious metals and operate through an affiliate company, or you can buy your precious metals from a third party and have them delivered to one of their storage facilities.
Swiss Gold Safe has two locations, Zurich, Switzerland, and Liechtenstein. Their storage facilities are fully insured and do not require investors to declare the beneficial owner or hold a Swiss bank account. This allows investors to keep their holdings private and secure.
You can read our full review of Swiss Gold Safe here.
Pros
👍
- High jurisdiction safety at storage locations in Switzerland and Lichtenstein
- Reasonable premium over spot prices
- Storage of precious metals, artwork, gems, collectibles, and more
Cons
👎
- Limited choice of precious metals items from their affiliate
Swiss Gold Safe | Factsheet |
---|---|
Year Founded | 2006 |
Headquarters | Switzerland |
Assets available | Gold, Silver, and Palladium |
International storage | Yes |
Segregated storage | Yes |
Storage | Zurich, Switzerland and Lichtenstein |
Storage Fees | From 0.75% to 0.50% for gold and from 1% to 0.80% for silver and palladium |
Best Silver Investment Companies: FAQs
Here are some of the most frequently asked questions when it comes to choosing among the best silver investment companies
What types of products do silver investment companies offer?
Silver investment companies typically offer a range of products, including physical silver bars and coins.
Why invest in silver?
Silver is a precious metal that has historically been used as a form of money and a store of value. It is considered a hedge against inflation and economic uncertainty and is often seen as a safe haven asset.
Is investing in silver a good idea?
Whether investing in silver is a good idea depends on an individual's investment goals and risk tolerance. Silver can be a good addition to a well-diversified investment portfolio, but like any investment, it comes with risks and should be carefully considered.
What are the risks of investing in silver?
Some of the risks of investing in silver include market volatility, inflation, and geopolitical risks. Silver prices can be affected by a range of factors, including economic conditions, interest rates, and investor sentiment.
How do I choose a reputable silver investment company?
When choosing a silver investment company, it is important to consider factors such as the company's reputation, financial stability, and the fees and commissions associated with its products. It is also a good idea to read reviews and compare prices from multiple companies to find the best option.
How do I invest in silver through a silver investment company?
To invest in silver through a silver investment company, you will typically need to open an account and deposit funds. You can then use these funds to buy silver products offered by the company, such as physical silver bars and coins.
Is investing in silver the same as investing in gold?
- Investing in silver or gold is similar in some ways, but there are also some key differences. Both metals are considered safe haven assets and can be used as a hedge against inflation. But silver is generally considered more volatile and less liquid than gold.
Conclusion
Investing in silver and other precious metals can be an effective way to diversify your investment portfolio and reduce its overall risk. Unlike stocks and bonds, the prices of silver and precious metals have little to no correlation. So, adding these metals to your portfolio can help protect against downturns in the market, particularly during times of inflation or recession.
While it is not typically possible to own physical gold in a 401(k) account, this can be a preferable option to owning silver through a mining company or holding paper certificates of silver. However, physical ownership offers protection against the potential collapse of the financial system and eliminates corporate risks such as financial instability, governance issues, and fraud. You can check out our full guide on precious metals investing here.