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For those of you who want to get a quick overview of who we have voted best Gold and Precious Metals depository, Best Gold Dealer, BestIRA Company and Best One Stop Shop[ please see the summary tabel below.
We will also look for companies with the best state-of-the-art security and technology, unmatched customer care service and support, accessibility, various storage options, and the cheapest storage fees.
In this review, we aim to list the best depositories to store your gold investment securely, no matter your investment needs and goals.
Gold IRA depositories are very important for securing retirement investments utilizing precious metals.
A depository is a physically secure storage facility that holds and keeps Gold, silver, platinum, and palladium bars and coins for investors.
If you do not understand the difference between a Gold IRA Company, an IRA Custodian, and a Depository, consider clicking the link in this sentence before returning to this article.
If you are investing in precious metals through a gold or precious metals IRA, then you need to find an IRS-approved depository to ensure you gain the tax advantages of your IRA.
Although if you buy precious metals outside of an IRA, you could store them at home; we would not recommend investing in precious metals in this manner. Keeping your metals in a legal depository as a long-term investor is safer and more secure than storing your Gold, silver, platinum, or palladium at home. When insurance and additional security measures are considered, holding your precious metals in a professionally managed depository is often cheaper.
There are stringent requirements that the IRS has set for precious metal vaults and depositories. These requirements cover the following areas.
There are many IRS approved companies that offer gold depository services in the United States, but what we want to look at are the top companies that offer the best Gold storage services, security, and fees.
The Top IRS-approved gold depositories in the United States are:
This company is the Gold IRA depository we consider the best overall because of its exceptional qualities. It is well-capitalized and debt and mortgage free, which makes it more stable. Moreover, it is the preferred storage depository for many precious metals companies in the United States, including all our top 5 recommended gold IRA companies.
By building a solid reputation, Delaware has become the foremost gold secure storage provider. The depository has one of the best technologically advanced secure facilities in the United States and world-class customer service.
This company is the Gold IRA depository we consider the best overall because of its exceptional qualities. It is well-capitalized and debt and mortgage free, which makes it more stable. Moreover, it is the preferred storage depository for many precious metals companies in the United States, including all our top 5 recommended gold IRA companies.
By building a solid reputation, Delaware has become the foremost gold secure storage provider. The depository has one of the best technologically advanced secure facilities in the United States and world-class customer service.
Delaware Depository runs multiple storage facilities with global standards, and they are strategically stationed to give their customers in the industry accessibility. Delaware has its central facility in Wilmington.
Delaware Depository has gained widespread recognition for its advanced security systems and procedures. The depository strictly adheres to its "defense in depth" methodology, which includes fortifying physical security measures, ongoing staff training, and security audits.
In contrast, other depositories may not have the same level of security as the Delaware Depository. While the state laws and regulations that oversee depositories may vary from state to state, investors can rest assured that the Delaware Depository is one of the most trusted precious metals storage facilities in the United States.
In addition, the facility keeps its operations going through its multiple backup systems and redundancies. The Wilmington facility is not the only Delaware Depository facility in the United States. More are scattered in various parts of the United States to cater to people living in different parts of the country.
The Wilmington structure, as an example, has an internally controlled climate to make the environment suitable for storing your precious metals. It is also highly secure and certified by Leadership in Energy and Environmental Design (LEED).
The company prides itself in giving its customers exceptional logistics services. Other features that make the company stand out are its full-option services like global delivery, accounting, insurance, and transportation. You will not need to look for extra assistance in another depository if you work with Delaware because from our interviews with past and present customers, they seem to be completely satisfied with the services it provides.
Customers also enjoy unrestricted access to their online accounts at any time of the day to monitor their assets in real-time.
Delaware Depository pays attention to securing its facilities and customers' precious metals investments. The company's storage facilities are layered with multiple security systems, biometric access, and controls. They have ongoing 24-hour surveillance and are protected from unauthorized access via physical barriers. In addition, the company works with a team of armed guards to secure the facilities and clients' assets at every time of the day.
Delaware Depository's secure storage facilities have better security than their competitors, for example, the Sherwood Lake Group. The latter has much lower security standards and does not work with armed guards to protect its facilities. Sherwood's facilities have, in our opinion, a more outdated security setup than that used by Delaware.
The depository's pricing is highly competitive. Account setup costs just $100, and monthly costs can be as low as an additional $20 for smaller accounts. If your account is large, the fees may be waived. Customers can also enjoy various volume discounts and negotiate service fee agreements based on their needs.
Delaware has fantastic customer service support to ensure satisfactory service delivery. The company works with knowledgeable reps that will do what they can to give clients customer support. The company also offers customers specialized customer service treatments, including designing unique solutions based on their investment needs and goals.
Delaware Depository is our top pick among other precious metals storage companies. Its outstanding features have made it the most preferred for public and private investors. Through the years, it has built its reputation by meeting customers' needs. Hence, when you store your precious metals with Delaware Depository, you will have peace of mind knowing that your investments are safe.
International Depository Services, commonly called IDS, is another top pick in the industry. IDS has become a reputable company in the industry by gathering much positive feedback and reviews from past satisfied clients. As one of the leading companies in the industry, it provides customers with technologically advanced security facilities situated in accessible locations.
The company uses state-of-the-art technology facilities to store metals for its clients. The company has most of its facilities in North America and Canada. However, you cannot keep your precious metals IRA investments in Canada. All precious metals have to be stored within the USA to qualify as IRA precious metal assets.
Most people who have worked with IDS talk about their satisfaction with the depository's services. Their positive reviews have validated IDS's commitment to giving its clients the best possible storage solutions. Apart from being associated with top gold IRA providers in the industry, like American Hartford Gold, Birch Gold Group, and Noble Gold Investments, they have shown that customer satisfaction is their top priority.
You will not pay any amount to open an IDS group storage account. The company does not have a minimum holding requirement. However, you will pay a minimum storage fee, including insurance fees. The company's insurance is covered by Lloyd's of London.
The storage fees for Private Custody Accounts depend on the value of the accounts.
The International Depository Service in Texas is the biggest gold depository in the United States and the first unique bullion storage facility.
IDS is not a BBB (Better Business Bureau) accredited business. Still, it makes up for that by allowing its customers access to its facilities and evaluating their holdings whenever they want. Hence, you can walk into their facilities to see your precious metals in the company's custody. This practice has assured IDS's customers and given them peace of mind.
Brinks Global Services is a pioneer secure storage and logistics company in the precious metals industry. The company has earned a reputation for providing professional precious metals storage through advanced technology and expert workers.
It prides Itself in providing the best storage services, secure transportation of precious metals, and handling valuables with proper care for risk management. The aim is to keep customers' precious metal assets safe and secure through every means necessary.
The company offers storage solutions to customers in the United States. It also provides product delivery using a unique approach to ensure your valuables are secured throughout the process. Its longevity in the industry and the experience it has gathered all through the years have made it a trusted and dependable gold storage service provider, especially in the U.S.
The company holds the security and safety of its customers' precious metals in high esteem. Brink's Global Services also offer customer delivery and storage services to its customers.
Brinks charges a minimum annual fee of $125 for precious metals storage and $25 to ship your metals to your desired location.
This company is one of the top picks in the industry because it has kept its reputation intact. Hence, customers who do business with this company enjoy peace of mind knowing that their precious metal holdings are safe during storage or delivery
This Gold IRA depository is a company that uses technologically advanced state-of-the-art facilities to secure customers' precious metals. They store all types of precious metals, including Gold, silver, platinum, palladium, coins, rounds, and bars.
People looking for Gold IRA depositories to store their metals in the USA can use the company's world-class secure storage facility to store their precious metal products.
Texas Depository is a private storage facility and offers fully segregated storage solutions. It ensures that your metals are not allocated or commingled with those of other customers.
The company's online account setup process is easy, allowing those living in the United States to leverage the internet and keep tabs on their metals in storage.
Opening a storage account with Texas Precious Metal Depository is free. However, its minimum monthly storage fee is $10.
In addition, Texas Precious Metal Depository charges precious metals storage fees based on the value of customers' holdings.
Texas Precious Metals Depository is a top pick in the industry because, apart from its world-class security, it works with the gold industry's most prominent IRA providers, like Noble Gold Investment and Birch Gold group.
When selecting the proper depository for your gold investments, you must consider several factors. Let us look at some of these factors in detail.
Insurance and security should be one of your top priorities when selecting an excellent depository to work with. The depository must have the proper security standards to keep precious metals safe. In addition, these secure storages must have comprehensive insurance policies that cover any damage or loss to precious metals assets.
For instance, Noble Gold's Texas Depository has up to $100 million worth of insurance to give its customers peace of mind. Working with a company that places a premium on security and insurance is crucial to ensure your metals are safe.
Look out for the reputation of the depository you want to work with and its experience over the years. The best Gold IRA depositories are often the ones that have been in the industry for a long time and should be known to provide fantastic services to customers in the past.
When you choose a depository with a solid reputation and experience in the industry, you will have peace of mind, knowing that your metals are safe.
The fee for storing precious metals is significant when opening a gold IRA. Please compare the costs of different depositories before choosing to work with any.
Ensure you are getting the best prices for the best services. Before working with them, we highly recommend you read the fine print on the depositories' review page.
However, remember that your storage fees will highly depend on the type of storage fee structure the company you choose operates. Hence, ensuring the fee structure of the company you would love to work with is vital.
While some operate the flat fee structure, others use the scaled model. We recommend you do business with only the flat fee structured depositories because the scaled model will demand you pay higher amounts as storage fees as your investment grows in value. Ultimately, you might spend much of your gains on storage fees if you opt for the scaled model.
How convenient and accessible is the depository you want to choose? It would help if you considered these factors. If you want to be able to visit and see your precious metals physically, do not choose a depository you cannot easily access or one requiring traveling a long distance.
In addition, please ensure you can access your account with the company online. You should not make a precious metal investment of $50,000 with Augusta and not know where your metals are going or be kept in the dark about how safe your metals are. You should be able to check your storage account status with an internet-enabled device whenever and wherever you are.
The IRS (Internal Revenue Service) will not allow Gold IRA investors to keep precious metals in their houses. Instead, you must store your holdings in an IRS-approved depository.
Gold depositories are primarily banks, credit unions, brokerage firms, or other financial organizations that have approval from the federal government to provide asset custody services to precious metals investors.
Finding a suitable depository can be challenging. Hence, we recommend working with the top depositories in the industry, as mentioned above. We call them the best in the industry because of their unique qualifications over others.
These depositories also have insurance, licenses, and the necessary registrations to give reliable services to customers and keep their assets safe.
These depositories have excellent reputations, evident in the ratings on credible third-party rating sites like BBB. Many of their customers say positive things about them.
Choosing the best Gold IRA depository begins with opening a Gold IRA account.
Many Gold dealers recommend both custodians and depositories. If you dislike their recommendations, you can usually choose a different provider than the Gold dealer suggests. However, it is easier and safer to go with their recommended suppliers, as they already have well-established relationships with these suppliers. With well-established relationships will come tried and tested procedures and processes so that you will leave nothing to chance.
The best Gold IRA depositories are known to partner with the best Gold IRA companies.
We have chosen Delaware Depository because we believe they are the best in the industry and partner with all of our top 5 recommended gold dealers.
If you are prepared to adopt our recommendation of using the Delaware Depository, in which to store your IRA-eligible metals, then you can have the freedom to select from any of the five gold IRA dealers we have vetted and recommend as our top five Gold IRA companies in the USA.
The next important decision you need to make is which of our top five Gold IRA companies you want to buy your precious metals from.
In the next section, we will share our research to identify the top five gold and precious metals companies that offer IRA services.
Below is a summary of the industry's Top 5 gold IRA companies and the Gold IRA depositories they have partnered with for secure storage solutions.
Augusta Precious Metals is a precious metal IRA company founded by Isaac Nuriani in 2012. The company is located at 8484 Wilshire Blvd Ste 515, Beverly Hills, California, 90211, United States.
Augusta is a top pick in the industry because of its wide selection of IRA-eligible and non-IRA-eligible gold and silver products. It offers customers a seamless and straightforward gold IRA account opening process and provides the best customer care service.
In addition, the company makes investing in Gold IRA easy by providing quality educational materials on its website on gold investing. It also provides investment advice for customers by assigning gold IRA investment specialists to them. These specialists help customers through the Gold IRA account opening process and offer advice on the best gold products to buy for IRAs.
Augusta has gained its place in the industry as the overall best through its solid reputation.
The company has become one of the most trusted in the industry because of its high ratings on various public review sites.
Augusta has an A+ rating on BBB, a 5-star rating on BCA(Business Consumer Alliance), 4.8 out of s 5 stars on Facebook, and 4.9 out of 5 stars on Google.
You will pay $50 as initial account setup fees. However, you will pay a $250 account management fee for the first year and $100 afterward. The minimum gold investment you can make through the company for your Gold IRA is $50,000.
Please click this link to get Augusta's free Gold investment kit and learn more about the company, including its current promotions.
Goldco is our second-best gold IRA company. Trevor Gerszt founded the company in 2011, with its headquarters at 21215 Burbank Blvd. Suite 600, Woodland Hills, CA 91367, United States.
The company is famous in the industry for its buyback programs, and it has a wide range of IRA-eligible and non-IRA-eligible precious metal offerings for interested investors. In addition, it offers free gold IRA rollover services to customers who want to fund their gold IRA accounts using funds from their 401k or 403b.
Goldco works with experts who can help you open a gold IRA account and provide investment advice on the kinds of products to add to your precious metals IRA.
In addition, the company provides a comprehensive library on its website to inform customers and visitors about what they need to know about precious metals investing. The aim is to enable their customers to make informed decisions about their gold IRA investments.
The company has hundreds of positive feedback from customers across various customer rating sites, and these reviews have won them high ratings on these sites. For instance, Goldco has an A+ rating on BBB, a 4.8 out of 5-star rating on BCA and Trustpilot, and a 4.9 out of 5 stars on Google.
Goldco charges its customers $50 for account setup and $80 for annual account management fees. In addition, the minimum investment required for an IRA through Goldco is $25,000.
Goldco offers precious metals storage services by partnering with Delaware Depository.
On promotions, Goldco gives free silver worth $10,000 to customers who open gold IRAs and qualify for rollovers.
Please click this link to learn more about this company and get Golco's free gold investment kit.
Sanford Mann founded American Hartford Gold in 2015. The company is a family-owned precious metals company located at 11755 Wilshire Blvd. 11th Floor, Los Angeles, CA 90025, United States.
Unlike Augusta and Goldco, American Hartford Gold adds platinum and palladium products to its precious metals collection. The company's vast selection of precious metal coins, bars, and rounds has made it the best choice for precious metals retailers.
American Hartford Gold also offers fantastic customer service to customers, and they work with experienced precious metal experts that help customers set up their Gold IRA accounts.
The company has various gold investment educational materials on its website to keep its customers informed on all they need to know about precious metals investments.
American Hartford Gold has excellent ratings on various customer rating sites, including BBB ( A+), BCA (4.5 out of 5 stars), Trustpilot (4.9 out of 5 stars), and Google (4.9 out of 5 stars). These positive ratings on these websites show that their customers trust them and are saying positive things about them.
American Hartford Gold has partnered with three top-rated depositories to provide storage options for its customers.
The company charges $180 for annual precious metals IRA account management fees and requires a minimum gold IRA investment of $5,000.
Please click this link to see American Hartford Gold's promotional offers and learn more about the company by downloading its free gold IRA investment kit.
Birch Gold Group is a Gold IRA investment company at 3500 W Olive Ave #730, Burbank, CA 91505, United States. The company was founded in 2003 by Laith Alsarraf.
Birch Gold is the company with the most years of doing business on our list, which has earned it a place among the top 5. Primarily, longevity is one of the ways you know a reputable business in the gold industry.
Birch Gold offers a wide range of silver, platinum, palladium, gold coins, rounds, and bars in the IRA-eligible and non-IRA-eligible categories. The company makes its gold IRA account opening process easy for customers by assigning precious metal experts to guide them.
Through the years, Birch Gold has raked in hundreds of positive reviews from clients that have given it high ratings on various consumer rating sites. For instance, it has an A+ on BBB, 5 stars on BCA, 4.9 out of 5 stars on Trustpilot, and 4.8 stars out of 5 on Google.
Birch Gold has partnered with Delaware Depository, Texas Precious Metals Depository, International Depository Services, and Brink's Global Solutions for its gold storage solutions. The company's investment experts can recommend the best option based on your investment needs and goals.
Birch Gold's minimum IRA investment fee is $10,000. In addition, you will pay $50 for account setup, $80 for annual account management, and a $30 wire transfer charge. The company will waive these fees if you invest $50,000 in your IRA.
Please click this link to learn more about the company and download the free Birch Gold Group investment kit.
Noble Gold Investment is another reputable gold IRA company founded by Collin Plume in 2016. The company has its headquarters at 16830 Ventura Blvd Ste 326, Encino, CA 91436, USA.
Although the company has not been around for too long, it has gained its place among the top 5 gold IRA companies in the industry through its vast collection of precious metals, low investment requirements, and comprehensive Gold investment educational library.
Noble Gold is also one of the top choices for novice investors because of its Noble Gold Royal Survival Packs. These packs are collections of profitable physical precious metals carefully selected by experts. Primarily, they have high liquidity and are very popular in the gold industry.
Hence, when unsure about the right investments, you can purchase precious metals via the company's survival packs. These packs are worth between $10,000 to $500,000.
Noble Gold also has great ratings on various consumer rating sites like BBB (A+), BCA (4.5 stars out of 5), Trustpilot (2.9 stars out of 5), Facebook (4.8 stars out of 5), and Google (4.9 stars out of 5).
Noble Gold Investment has partnered with Delaware Depository, International Depository Services, and Texas Precious Metals Depository to provide its customers with Gold storage solutions.
Noble Gold's gold IRA investment requirement is $2,000. You will pay a $50 account setup fee, a $30 wire transfer fee, and an $80 annual management fee.
Please click this link to learn more about the company and download the free Noble Gold Investment kit.
We know that precious metals IRAs cost a lot, and losing your savings to a scam company or a gold IRA provider with a bad reputation is a costly mistake we would not like our readers to make.
We selected these 5 gold IRA companies as the best after we had passed the information we got about them through our expert gold IRA dealer review methodology.
Their results showed they have far more unique features and are more reliable than the other Gold IRA companies we reviewed.
Choosing the best Gold IRA depository begins with selecting the best gold IRA company or precious metals dealer to invest through. You must work with the best Gold IRA service provider and depository to keep your investments safe and ensure your portfolio is stable.
Remember to ensure that the depository you choose has a good reputation, sufficient experience, good insurance coverage, state-of-the-art security technology, and competitive costs and fees.
Interestingly all the companies in our top 5 gold IRA company list work with the best depositories in the industry. Hence, doing business with one of them will ensure you work with any of the top depositories mentioned above.
More importantly, these Gold IRA companies will serve as your liaison officers and facilitate the storage services on your behalf. Companies like Noble Gold, American Hartford Gold, and Birch Gold work with multiple depositories, giving you various storage options to choose from based on your investment goals and needs.
However, no matter the company you choose to work with, ensure you do your due diligence in researching the most trusted firm to open your Gold IRA through and store your physical precious metal investments.