Oxford Gold Group Review
Protect Your Wealth By Diversifying In Precious Metals! Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.
Oxford Gold Group Review, Gold IRA, Complaints, Fees & More
Investors should be cautious when considering investing in gold and other precious metal IRAs. Customers might be enticed into thinking that they can generate a great deal of money with little risk in these or any other investment. You may lose money with any investment, and prior performance is not indicative of future results. Consumers should receive a clear description of all fees associated with the investment before they sign up.
A gold IRA account can be opened through Oxford Gold Group in Los Angeles, California, a precious metals dealer. The company was established in 2017 by partners who have over 20 years of experience in the industry after they became annoyed with the excessive brokerage fees charged by other organizations. No commissioned salespeople are employed; rather, the partners themselves guarantee the finest service possible.
The Precious Metals IRAs made accessible by Oxford Gold Group are purchased and sold.
More than 20 years of experience.
There are only two IRA custodians currently working with me.
Consumers should be aware that gold and other precious metal IRAs are risky investments. Advertisement claims that minimal risk will result in maximum profit are deceptive. You may lose money as a result of investing in these or any other financial instruments, and prior performance is not indicative of future performance results. Before investing, consumers should be conscious of the charges.
Oxford Gold Group Fees
Annual Account Maintenance Fees range from $175 to $225/year for accounts valued under $100,000, and from $275 to $225/year for accounts valued at or over $100,000. Storage fees for Oxford Gold range from $175 to $225/per year. Rebates of up to $2,500 for qualifying clients are included in rebate fees for one to five years. There are no shipping charges for shipping to clients. Minimum transactions are $7,500 per IRA purchase and $1,500 for direct purchases.
Oxford Gold Group employs a flat annual fee structure for Precious Metals IRAs. The maintenance fees range from $175 to $275 per year, depending on how much money is invested in the IRA. Because services and costs have been standardized through their connection with STRATA and Equity Institutional IRA custodians, Oxford Gold can provide clients with a flat fee structure.
Large accounts can use rebates to reduce maintenance fees for several years. The rebates are based on the account’s size, and the amount of the rebate varies. According to an Oxford Gold Group partner, their average IRA client pays no maintenance or storage fees on accounts for the first three years of the rebate program.
Oxford Gold accounts are stored with one of several vault companies, leading to a variety of storage fees. Storage costs typically range from $175 to $225 annually, but clients who invest large amounts receive a five-year storage rebate. Shipping is free.
When purchasing or selling precious metals, Oxford Gold Group does not charge a brokerage fee, which is the norm for any investment. $7,500 is the minimum investment for an IRA and $1,500 for an IRA for non-precious metal purchases. When the time comes to liquidate assets, Oxford Gold Group offers buy-backs and no-fee liquidation options.
There are several fees associated with owning an Oxford Gold account. Annual account maintenance fees range from $175 to $275 and are based on account value. Oxford Gold covers storage fees for one to five years, which vary from $175 to $225 per year. For qualifying clients, rebates of up to $2,500 are available. Shipping costs are not included. The minimum transaction is $7,500 per IRA purchase and $1,500 for direct purchases.
– $275 for accounts valued at or over $100,000
– Rebates of up to $2,500 for qualifying clients
– $1,500 direct purchase
Oxford Gold Group Custodian and Storage Options
“You may choose any verified and accredited custodian to open an IRA account. Make sure you weigh all options before deciding on one, as you want to entrust your assets to a custodian you can trust.”
Oxford Gold Group’s precious metals IRA clients may utilise the world-renowned Delaware Depository, which offers segregated or non-segregated storage and is fully insured through Lloyd’s of London, one of the world’s oldest insurance companies.
Delaware Depository also has international storage options, which utilize the sub-custody services of Bank of Nova Scotia in Toronto, Canada, and Via MAT International in Zurich, Switzerland.
Oxford Gold Group has not partnered with any IRA custodian. The company lists an IRA custodian as an accredited custodian on its website:
Oxford Gold Group Services
You can view more Oxford Gold Group products to aid you in your investment decision here.
There is no pricing available on Oxford Gold Group’s website for its most popular gold, silver, platinum, and palladium bars. You can get up-to-date pricing information by calling their store at +1 (833) 600-4653.
There are four gold coins approved for IRAs: the Gold Austrian Philharmonic, the American Gold Eagle, and the Gold Canadian Maple Leaf. There are also three silver coins approved for IRAs: the Silver Austrian Philharmonic, the Canadian Silver Maple Leaf, and the American Silver Eagle.
There are two Platinum Canadian Maple Leaf coins available for those interested in adding platinum to their Precious Metals IRA, the Platinum Austrian Philharmonic being one of them. Lastly, those interested in IRA-approved palladium may purchase the Palladium Canadian Maple Leaf.
It appears that Oxford Gold Group’s products are priced between 3 and 6%, which is rather reasonable given what their competitors charge. The first year’s $325 one-time fee is then followed by $180 annually for every subsequent year. Although you’re paying for high-quality security, vaulting, and data privacy, this is a bit more expensive than competitors such as Silver Gold Bull, which offer no fees.
You can view more Oxford Gold Group products to help you make an investment decision here.
Oxford Gold Group Complaints
According to reviewers on Trustpilot, Oxford Gold Group received detailed answers to their questions, which resulted in a four out of five-star rating. Because Oxford Gold Group is new, the Better Business Bureau has not rated them yet.
According to reviewers on Trustpilot, Oxford Gold Group received detailed answers to their questions from partners, which resulted in a four-out-of-five-star rating. Due to the fact that Oxford Gold Group is a new company, the Better Business Bureau has not yet given them a rating.
Contact Information
Address: 9100 Wilshire Blvd, STE 700 W, Beverly Hills, CA 90212
Website: www.oxfordgoldgroup.com
Before Investing
While it’s crucial to take your time and review all of the different precious metals companies available prior to making any purchases as part of your IRA investment strategy, it is also important to note a company’s bullion prices, policies, procedures, and most importantly, storage charges for precious metals. It’s also crucial not to pay too much over the daily gold spot price for an ounce of bullion (6% or higher).
The online metals catalog of Oxford Gold Group is worth checking out, as it is updated frequently throughout the year. They also provide decent markups and quick delivery times, frequently better than their competitors, and a clean history without any swindles or unresolved consumer disputes.
Be sure to carefully study all of the gold IRA companies before making any purchases as a part of your investment strategy. You should also be mindful of a company’s bullion prices, policies, practices, and most importantly, storage fees, in addition to its overall reputation. Paying too much over the daily gold spot price for an ounce of bullion (6% and above) is always a bad idea.
Summary
Oxford Gold Group, which is based in Beverly Hills, California, was founded in 2018. The company focuses on providing gold, silver, platinum, and palladium coins and bars to investors. The most popular IRA-approved precious metals products are also available. Bullion is typically marked up by 4 to 6 percent over spot price, making Oxford Gold Group a great choice for novice and beginner investors. These guys are definitely worth a look, especially since they’ve had a relatively clean history without any scandals, breaches, or scam accusations.
The firm’s primary goal is to provide investors with gold, silver, platinum, and palladium coins and bars. They also offer a variety of IRA-approved precious metal products. Their inventory is priced above the spot price, and they provide comprehensive online Learning Center resources to educate customers on the benefits of buying precious metals. Employees of Oxford Gold Group have developed a Learning Center to educate customers about investing in precious metals. Oxford Gold Group has a history of clean no scandals, breaches, or scams, making it a good option for beginner and novice investors. These guys are worth a look, especially considering their history.
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Protect Your Wealth By Diversifying In Precious Metals! Investing in precious metals through an IRA can be a wise decision if you want to make sure that your money keeps its value over time or if you’re going to hedge against inflation and the possibility of global financial instability.