United Gold Direct Reviews

Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.

United Gold Direct is a precious metals dealer. It offers gold, silver, platinum and palladium products, as well as precious metal IRAs. United Gold Direct doesn’t charge hidden fees, and it claims not to use high-pressure sales tactics.

You can have your precious metals delivered directly to you, stored in a third-party depository or a little of both. However, precious metals held in IRAs need to be stored in an IRS-approved depository.

United Gold Direct lets you work with its Account Executives to make your purchases or set up an IRA. These employees don’t work on commission, and they can help you decide what purchases and protection methods are right for you. This includes starting a precious metals IRA, rolling over your 401(k) or buying precious metals.

United Gold Direct has a catalog of products on its website, but prices aren’t listed for individual products. We’ve broken down the coins and other precious metal products listed in this catalog at the time of publishing below.

United Gold Direct offers you the option to have your precious metals delivered to you or stored with a secured third-party facility. The company stores purchases with the Delaware Depository. This depository provides physically segregated storage with insurance for your precious metals.

For delivery, United Gold Direct uses registered, insured mail from USPS and United Parcel Service (UPS). Deliveries are tracked and require your signature upon arrival. Your delivery is fully insured, and your purchase may be subject to additional shipping costs.

There is very little cost information available on United Gold Direct’s website. The company promises no hidden fees, but it doesn’t detail the fees it does disclose online. So, while you know you may pay extra for shipping fees, insurance fees, storage fees and custodial fees (with a precious metals IRA), you won’t know how much these are until you call. There is also a $1,500 minimum for each purchase you make.

Your payment methods are also limited with United Gold Direct. It only accepts bank transfers, cashier’s checks and personal checks up to $10,000.

United Gold Direct is a precious metals dealer and a member of several numismatic organizations. That said, there is currently not much information available online that shows why United Gold Direct is a better choice than other gold IRA companies. If you’re interested in investing in precious metals, we recommend contacting United Gold Direct’s customer service to see what the company can offer you. Then compare these costs and services with those from other similar companies.