Oxford Gold Group Review: Gold IRAs & Coins

See more

Our take on an Oxford Gold Group gold IRA

• Best for platinum and palladium
• Editorial rating: 4.6 out of 5
• Highest-rated gold IRA company offering coins and bars for both metals

Oxford Gold Group, a reputable player in the precious metals industry, is a facilitator for individuals aiming to secure a financial future by investing in gold and other precious metals. 

With a mission to empower investors with stable and secure investment alternatives, the company excels in converting traditional IRAs, 401(k)s, and other retirement accounts into precious metals IRAs.  It also extends its expertise to direct sales of precious metals and offers robust solutions for their secure storage. 

The firm is a solid option for individuals who prioritize retirement security and wish to diversify their investment portfolios away from the conventional stock and bond markets. Whether it’s retirees looking for a haven against inflation or investors interested in the inherent value of tangible assets, Oxford Gold Group provides a comprehensive suite of services to meet these needs. 

Our take on Oxford Gold Group’s gold IRA

Oxford Gold Group’s gold IRA stands out for its exceptional offerings in platinum and palladium investments, earning it the designation as the best platform for these specific metals. 

This is based on a comprehensive evaluation, including an editorial rating of 4.6 out of 5. It is the highest-rated gold IRA company that provides access to platinum and palladium coins and bars. Such a distinction comes from the company’s wide range of investment-grade precious metals and knowledgeable guidance on these valuable assets.

Our decision to highlight Oxford Gold Group as the premier choice for platinum and palladium investments reflects the company’s commitment to providing a diverse and high-quality selection of precious metals supported by expert advice and high customer service ratings. 

This focus ensures that investors interested in expanding their portfolios with these metals have access to the best products and information, making Oxford Gold Group a valuable partner for those aiming to enhance their investment strategy with platinum and palladium.

How do you open an Oxford Gold Group IRA?

Oxford Gold Group designed opening an individual retirement account (IRA) to be a straightforward and guided process, helping investors make well-informed choices regarding their precious metals investments. Below are the steps you’ll take to begin your investment journey with Oxford Gold Group.

1. Understand your options.

Start by contacting Oxford Gold Group at 855-955-5717 or submitting the online form to show your interest. Account managers who will equip you with the necessary details to determine whether investing in gold and other precious metals aligns with your financial objectives.

2. Choose your gold product

After establishing an account with Oxford Gold Group, you’ll choose the precious metals to fund your IRA. Oxford Gold Group offers an assortment of eligible metals, such as gold and silver coins, rounds, proofs, and bullion bars. Should you need assistance in this decision, an account manager can help.

3. Fund the account

You can fund your account through direct cash contributions, a tax-free rollover from a retirement account, or an IRA transfer. Remember that you can’t use physical gold, coins, or other precious metals you already possess to fund the IRA.

4. Select a depository

The IRS mandates that IRA precious metals be stored in a secure environment, not at home.

Oxford Gold Group collaborates with secure and insured depositories, including Brink’s Global Services and the Delaware Depository Service Company (DDSC), which provide climate-controlled storage and insurance for your investments.

Additional items to remember when opening a gold IRA with Oxford Gold include:

• Fees: Gold IRAs typically have higher fees than traditional IRAs, including charges for setup, transactions, custodial services, and storage.
• Eligibility for precious metals: Only IRS-approved metals (gold, silver, platinum, and palladium) that meet specific purity and condition requirements are eligible for your IRA.
• Storage options: Oxford Gold Group offers secure and insured storage solutions for IRA metals. Consider all available storage options for non-IRA metals, including home storage, safe-deposit boxes, and private vaults.
• Time frames: The process from initial contact to account setup and funding varies based on individual situations and your chosen funding method. The selection of metals and a depository usually happens after the account is set up and funded.

How much does an Oxford Gold Group IRA cost?

Understanding the cost structure of an IRA with Oxford Gold Group is crucial for investors considering diversifying their retirement portfolios with precious metals. 

Oxford Gold Group does not disclose its fee schedule. Still, it outlines typical costs associated with gold IRAs, which can vary based on the account type, custodian, and the market demand for the precious metals purchased. 

Oxford Gold Group does not offer a money-back guarantee for its gold IRAs, underscoring the importance of understanding all potential fees and costs before opening an account. 

Here is a breakdown of the typical fees Oxford describes as accompanying a gold IRA:

Cost	Details
Setup fee	$50 – $500, depending on account type and custodian
Administration fees	Vary by custodian to cover compliance with IRS rules and record-keeping
Annual maintenance fees	$75 to “several hundred dollars” annually for statement processing, record-keeping, and administrative functions
Transaction fees	Around $40 per transaction for the purchase or sale of precious metals
Termination fees	Around $150 to close the IRA account.
Gold coin markups	Variable based on the product, metal type, and market demand
Gold storage fees	Varies (flat fee or percentage of asset value) for vaulting in secure depositories, often including insurance
Miscellaneous fees	May include transfer fees or wire transfer fees (typically around $25)
Sliding scale fees	Some custodians charge fees based on the account’s gold value, which can fluctuate.

We recommend discussing all potential fees with Oxford Gold Group to get a comprehensive understanding of the costs associated with your specific investment scenario.

Our take on Oxford Gold Group’s precious metals inventory

See more

Best for platinum and palladium

• Editorial rating: 4.7 out of 5
• Largest metals collection of the three top-rated companies

Oxford Gold Group’s precious metals inventory gets high marks for its comprehensive selection, particularly in platinum and palladium, earning it the designation as the best source for these metals among gold dealers, and an editorial rating of 4.7 out of 5 helps distinguish it for the quality of its products and the breadth of its inventory. 

Compared to its top competitors, Oxford Gold Group boasts the largest collection of precious metals, ensuring investors have access to various options for diversifying their portfolios.

The company’s focus on platinum and palladium and its commitment to customer education and support make it an ideal choice for individuals looking to explore these less traditional precious metals within their investment strategy.

How do you purchase metals through Oxford Gold Group?

Purchasing precious metals through Oxford Gold Group is a streamlined process that provides investors with a straightforward pathway to diversifying their investment portfolio. Here’s a step-by-step guide to acquiring gold, silver, platinum, and palladium through Oxford Gold Group:

Speak with a representative

Initiate the process by contacting Oxford Gold Group via its customer service phone number or by filling out the online form on the website. A knowledgeable representative will assist you, offering insights into the company’s various types of gold and precious metal investments.

Choose your gold products

Based on your discussion with the representative and considering your investment objectives, select the specific gold or precious metal products you wish to purchase. 

Oxford Gold Group’s inventory includes a wide range of options, such as gold bullion, bars, minted coins, and more, catering to investors’ diverse needs and preferences.

Fund your account

To proceed with your purchase, you’ll need to fund your account. Oxford Gold Group accepts various funding methods, including direct cash contributions, tax-free rollovers, or transfers from an IRA. This flexibility ensures investors can choose the most convenient and efficient way to fund their investments.

Wait for your gold delivery

After your purchase, Oxford Gold Group will prepare, securely package, and ship your selected gold or precious metal products. The company ensures the security of the shipping process and provides tracking information for your convenience. 

In most instances, you can expect to receive your order within five days of the purchase.

Consider storage options

Upon receiving your precious metals, it’s important to consider secure storage solutions. Oxford Gold Group partners with reputable storage providers, such as Brink’s Global Services and the Delaware Depository Service Company (DDSC), to offer secure and insured storage options. 

For IRA investments, IRS regulations require that the metals be stored in an IRS-approved depository. 

Common storage options for personal investments include safe-deposit boxes, vault storage, at-home safes, or other secure locations.

Payment options accepted

Oxford Gold Group facilitates the purchase of precious metals by accepting various payment options to accommodate the needs of their clients, ensuring a seamless transaction process.

Types of metals sold

The company offers an extensive selection of metals, including gold, silver, platinum, and palladium, in various forms, such as coins and bars, making it easier for investors to find the perfect match for their investment goals.

By following these steps, investors can integrate gold and other precious metals into their investment portfolios, leveraging Oxford Gold Group’s expertise, extensive product range, and secure storage solutions. 

This process underscores the company’s commitment to providing a comprehensive service that caters to each investor’s unique needs, making it a preferred choice for those looking to invest in precious metals.

How much does it cost to purchase metals through Oxford Gold Group?

Purchasing precious metals through Oxford Gold Group involves costs beyond the price of the metals themselves. The company does not disclose all of its fees, but investors can expect to encounter several charges throughout the buying process.

Oxford Gold Group does not mention a money-back guarantee for purchases, emphasizing the importance of understanding all potential fees and costs before committing to an investment.

Below is a table summarizing the potential fees associated with purchasing metals through Oxford Gold Group:

Cost	Details
Commission fees	For transactions made through an IRA account
Annual storage and maintenance fees	For the physical storage of purchased metals, typically a percentage of the metal’s value per year
Handling fees	Incurred if shipping bullion out of storage
Markups	For coins and bullion, variable unless purchased directly from the mint
Liability insurance	To cover the precious metals
Termination fees	If you decide to close the IRA account
Storage fees	Typically a percentage of the stored metal’s value per year, approximately 0.5% to 1%, including minimum fees
Capital gains tax	28% if held for more than a year.

We recommend consulting Oxford Gold Group for the most accurate and up-to-date fee structure. These can vary based on the specifics of each transaction and your personal account details.

Pros and cons of Oxford Gold Group

It’s crucial to weigh the benefits and downsides of any financial product or company. Understanding these aspects can help ensure your investment decisions align with your financial goals and risk tolerance. 

Here are the pros and cons of working with Oxford Gold Group:

Pros

• Expertise and customer support

  Oxford Gold Group is renowned for its knowledgeable staff and exceptional customer support, as reflected in positive reviews across Google, Better Business Bureau (BBB), and Trustpilot. This expertise is invaluable for both new and experienced investors in precious metals.

• Educational approach

  The company is committed to educating its clients, providing a wealth of resources and guidance that is particularly beneficial for those new to investing in precious metals. This focus on education helps investors make informed decisions.

• Diverse IRA options

  Oxford Gold Group offers a variety of IRA types, including simplified employee pension plans (SEP) and traditional and Roth IRAs, catering to a wide range of customer needs and financial goals. This diversity ensures that investors can find the right IRA option for their retirement planning.

• Best for platinum and palladium

  The company stands out for its extensive selection of platinum and palladium products, making it an ideal choice for investors looking to diversify their portfolios with these metals.

• Quick account opening process

  Opening an account with Oxford Gold Group is streamlined and efficient, allowing investors to start their precious metals investment journey right away.

Cons

• Fee transparency

  Oxford Gold Group does not disclose its fee structure upfront, which may leave potential clients uncertain about the total cost of investing with the company.

• No money-back guarantee or price protection

  Unlike some competitors, Oxford Gold Group does not offer a money-back guarantee or price protection, which could be a downside for investors seeking those particular assurances.

Along with Oxford Gold Group, we recommend considering other top-rated gold IRA companies to ensure you’re making the choice that’s best for you:

Company	Our rating (out of 5)	Best for
American Hartford Gold	5.0	Best overall
Augusta Precious Metals	4.7	Introductory offer
Lear Capital	4.7	Risk-free guarantee

---

If you’re looking for the best precious metals inventory, we recommend considering the following gold dealers along with Oxford to ensure you’re choosing the personal finance company that’s best for you:

Company	Our rating (out of 5)	Best for
American Hartford Gold	4.9	Best overall
Noble Gold	4.6	Metal descriptions
Lear Capital	4.6	Risk-free guarantee

Is Oxford Gold Group a reputable company?

Considering customer reviews before deciding to proceed with a financial product is crucial. 

Reviews offer insights into other customers’ experiences, providing a glimpse into the company’s reliability, customer service quality, and product satisfaction. They can also highlight potential issues or concerns, helping you make a more informed decision.

Here’s a table summarizing the customer review scores from various platforms for Oxford Gold Group:

Source	Customer rating (out of 5)	Number of reviews
Google	4.8	212
Better Business Bureau (BBB)	4.94	96
Trustpilot	4.7	185

Oxford Gold Group enjoys a strong reputation across several reputable platforms, indicating high customer satisfaction and trustworthiness. The company’s ratings on Google, BBB, and Trustpilot are high, with scores nearing the top of the scale. 

These platforms are trustworthy because they allow users to share their genuine experiences and feedback about companies’ products and services. Since July 16, 2018, the company’s BBB accreditation has reinforced Oxford Gold Group’s commitment to maintaining high ethical standards in its business practices.

The common themes in the customer reviews include excellent service, a knowledgeable staff, and a helpful approach in guiding clients through the gold buying process. Many reviewers are happy with Oxford’s service, support, and investment guidance.

This positive feedback makes Oxford Gold especially beneficial for those new to investing in precious metals. As noted by BBB, the resolution of customer complaints demonstrates Oxford Gold Group’s dedication to customer satisfaction and its willingness to address and resolve any issues that arise.

Does Oxford Gold Group have a customer service team?

Oxford Gold Group’s team is based at its headquarters in Beverly Hills, California, positioning it well to assist clients across the United States. 

This team plays a crucial role in guiding clients through investing in precious metals, from initial inquiries about different investment options to detailed assistance with IRA account management. 

Whether you’re a seasoned investor or new to precious metals, Oxford Gold Group’s customer service can provide support and information as you make investment decisions.

Clients can contact Oxford Gold Group’s customer service team through various channels, ensuring convenience and accessibility. Here are the ways to contact Oxford Gold Group:

• Email: Available through a contact form on its website.
• Phone number: 833-600-GOLD (833-600-4653) for general inquiries and IRA account management, with the option to schedule a call for added convenience.
• Mailing address: 9100 Wilshire Blvd., Suite 800E, Beverly Hills, CA 90212.

Oxford Gold Group FAQ

Is Oxford Gold Group legit?

Oxford Gold Group is a legitimate company specializing in precious metals investments, including gold IRAs and direct sales of precious metals. 

With a strong reputation backed by positive customer reviews on platforms such as Google, BBB, and Trustpilot, Oxford Gold Group has established itself as a reliable and trustworthy option for investing in precious metals. 

The company’s accreditation by the BBB since July 16, 2018, further attests to its commitment to ethical business practices and customer satisfaction.

Does Oxford Gold Group offer any storage options for your metals?

Oxford Gold Group provides several storage options for investors, catering to IRA investments and direct purchases of precious metals. 

For IRA metals, IRS regulations require that these assets be stored in a secure, IRS-approved depository. Oxford Gold Group partners with reputable depositories Brink’s Global Services and the Delaware Depository Service Company (DDSC), offering secure, climate-controlled storage with insurance policies for your investments. 

The costs associated with these storage options can vary, involving an annual fee that may be a flat rate or a percentage of the value of the stored metals.

How can you liquidate your metals?

Oxford Gold Group offers flexible options for liquidating metals in an IRA or outside one. For IRA-held metals, liquidation must occur through the custodian managing the IRA in compliance with IRS regulations. 

This process involves selling the metals back to the market, with Oxford Gold Group facilitating this transaction. Investors can sell metals held outside of an IRA privately, through dealers, or back to Oxford Gold Group. The company provides guidance and support to ensure smooth and efficient liquidation.

How can you track the value of your metals?

Oxford Gold Group provides resources and tools to help investors track the value of their precious metals. Investors can access up-to-date market information and pricing through Oxford Gold Group’s website or by contacting the customer service team. 

This ensures that investors can stay informed about the current market value of their investments, allowing for strategic decision-making regarding their precious metals portfolio.

How we rated Oxford Gold Group

We designed LendEDU’s editorial rating system to help consumers identify companies that offer the best financial products. Our experts spend hours researching these companies each year to ensure our ratings are fresh and accurate.

Our most recent evaluation compared Oxford Gold Group to several gold companies across a number of factors, including types of metals, costs, company history, and customer experience. We weighted, scored, and combined these factors to produce a final editorial rating. This rating is expressed on a scale from 1 to 5, with 5 being the highest possible score. We round all ratings to the nearest tenth decimal place.

Product	Best for	Our rating (out of 5)
Gold IRA	Platinum and palladium	4.6	Find out more
Gold dealer	Platinum and palladium	4.7	Find out more