- IRA metal options
- Gold, silver, platinum and palladium
- Minimum investment amount
- Annual fees
With Patriot Gold Group, you can work directly with one of the company’s owners to open or roll over a precious metals IRA. With a minimum investment of $50,000, most IRA account holders will pay no annual fees in the first year, and then $200 per year in combined storage, insurance and administration fees after that. Qualifying IRAs can receive the benefit of “no fees for life,” meaning Patriot Gold will reimburse or pay the rollover fees, storage and insurance fees. Plus, you will be able to set up your account within 24 hours.
As an investor, you can choose between a precious metals IRA or non-IRA gold, silver, platinum and palladium investments. Shipments of non-IRA precious metals are free, and free storage is provided to investors who purchase around $100,000 or more in precious metals.
Gold and silver prices are not posted directly on the site, and you will need to request a quote on the pieces you want to invest in. This part of the website seems clunky and hard to navigate. Customer service is available through phone, email or online chat.
Top factors of using Patriot Gold Group include:
- Work directly with a company owner
- Low fees for those with significant investments in precious metals
Some concerns of using Patriot Gold Group:
- No prices posted
- Website is difficult to navigate
Many felt that Patriot Gold Group answered all of their questions and took an interest in each investor. Customer service received praise from many ConsumerAffairs readers. One New York reviewer said: “All of my questions and concerns prior to purchasing as a new customer were promptly and honestly answered by knowledgeable representatives. The transfer of money was simple via ETF. Delivery of the gold and silver was completed quickly. I am completely satisfied with PGG's performance and would recommend them to future buyers.”
There are no negative reviews of Patriot Gold from ConsumerAffairs readers in the past four years.