Monetary Gold Reviews & Complaints: Good Gold IRA Custodian?

Monetary Gold
Google: 3.8/5
BBB: 5/5 A+
Trustpilot: 3.2/5

Monetary Gold is a precious metals firm located in Woodland Hills, California. The company specializes in precious metal Individual Retirement Accounts (IRAs), commonly known as Gold IRAs. They provide services for purchasing silver and gold coins for investment purposes, offering a direct connection with precious metal dealers. Monetary Gold holds an average rating of 4/5 on Focus on the User.

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Featured Reviews

Top Review

Featured
Alan S
5 stars
USA

"I bought gold bullion and gold proof sets in a custodial IRA in 2020. They have provided excellent service. I would recommend them. I have done a lot of self-education..."

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Top Complaint

Featured
Mark S
1 star
USA

"Been approx 3 months & the SCAM continues. Do not deal with this place. They’ve been floating our $$ without any product for weeks without resolving this. Also, the price quote did not match what was allegedly being sold..."

Read Complaints

What is Monetary Gold?

Founded in July 2000, Monetary Gold has established itself as a leading provider of precious metals IRAs in the United States. Their unique approach involves working directly with precious metal dealers, setting them apart from other gold IRA companies. They offer a variety of services, including the purchase of precious metals like gold, silver, platinum, and palladium for both cash purchases and self-directed gold and silver IRAs.

The company’s expertise lies in helping investors safeguard their retirement savings by providing asset protection during economic fluctuations and growth periods. This service is essential in the current fiscal climate where owning gold is considered a necessity for financial security. Monetary Gold is recognized for its commitment to offering competitive prices on a full range of precious metals products, catering to investors and collectors seeking a more secure financial future.

Monetary Gold Ratings

Monetary Gold Reputation

Focus on the User Review
Focus on the User
4/5 stars
42 reviews (Aggregated)
Google Reviews
Google Reviews
3.8/5 stars
10 reviews
BBB Reviews
BBB
5/5 A+
31 reviews
Trustpilot Reviews
Trustpilot
3.2/5 stars
1 review

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Monetary Gold Reviews

Top Monetary Gold Reviews

5 starsFeatured

"I bought gold bullion and gold proof sets in a custodial IRA in 2020. They have provided excellent service. I would recommend them. I have done a lot of self-education on gold and have not regretted my decision."

BBB Review
Alan S
USA
5 stars
5 starsFeatured

"I feel very good about this company. They answered all my questions and were very professional."

BBB Review
James O
USA
5 stars
5 starsFeatured

"My Father had bought some gold and silver from Monetary Gold a few weeks after the election because he was concerned for the future. When he originally started this process he included me so I could help him out. The reps were fantastic, and explained everything to be to a point where we were comfortable, and never pushed us. Fast forward to two weeks ago my father had an unexpected medical issue and is no longer with us. His medical expenses were burdensom. I was forced to liquidate the metals we purchased and the rep who originally helped us made it such a breeze to do so. In the end we made a good amount of money while a lot of people lost trusting the stock market. I am eager to come back to Monetary Gold when I can buy some more metals, and have been ecstatic of helping friends/family also protect themselves. Thank you for the A+ Service David & Nick, its greatly appreciated."

Google Review
Delmin L
USA
5 stars
5 starsFeatured

"My father spoke to Ms.Heather Jo and she gave us some good information. Her work ethic is amazing! She then had us speak to a gentleman (forgot his name) and we definitely are looking forward in doing business with this company. Thanks again!!"

Google Review
Shawna M
USA
5 stars
Monetary Gold Complaints

Worst Monetary Gold Complaints

1 starFeatured

"Been approx 3 months & the SCAM continues. Do not deal with this place. They’ve been floating our $$ without any product for weeks without resolving this. Also, the price quote did not match what was allegedly being sold."

Trustpilot Review
Mark S
USA
1 star
1 starFeatured

"Trying to drum up business using scare tactics and trigger words. "Socialist democrats" "government monitoring" etc. Sounds like another right wing grift.Do yourself a favor and go somewhere else."

Google Review
Cloud S
USA
1 star
1 starFeatured

"Keep getting calls from this place although everytime we come to the conclusion I am not their "guy". I ask for numbers and only get broad terms in response and they dance around numbers. They might be an awesome company but not for me, I am a numbers guy. I have asked 5 times to have me remived from their call list but they always call back..."

Google Review
George L
USA
1 star
1 starFeatured

"Catering to right wing cultists who are dumb enough to buy it. Total scam."

Google Review
Timm W
USA
1 star

Is Monetary Gold a Scam?

Monetary Gold is not a scam. It is a legitimate company with a long history of operation since 2000. Their services in precious metals and IRAs, combined with a 4/5 rating on Focus on the User, affirm their credibility in the industry.

Monetary Gold Pros and Cons

Pros

  • Experience: With over 50 years of experience, Monetary Gold is adept at assisting investors in protecting their retirement savings.
  • Product Range: They offer a broad spectrum of products, including Gold, Silver, and Platinum Government Bullion, as well as a diverse selection of Semi-Numismatic U.S. Coins & Foreign Coins.

Cons

  • Limited Operational Hours: The company operates Monday through Thursday from 6:00 am to 4:30 pm and Friday from 6:00 am to 2:00 pm PST, potentially limiting accessibility for some clients.
  • Minimum Investment Requirement: Monetary Gold requires a minimum investment of $10,000, which may be a barrier for investors with limited capital.

Monetary Gold Services and Products

Monetary Gold offers services that focus on helping clients invest in precious metals, either through direct purchase or via precious metals IRAs. Their product range includes:

  • Gold, Silver, and Platinum Government Bullion.
  • A wide variety of Semi-Numismatic U.S. Coins & Foreign Coins.

Monetary Gold Fees and Costs

Monetary Gold does not publicly list all of their fees and costs. However, it is known that they charge a yearly fee of $180, which can vary depending on the custodian.

Monetary Gold FAQ

Is Monetary Gold a reputable company

Yes, Monetary Gold is reputable, with over 50 years of experience and a focus on offering competitive prices and a wide range of products.

How long has Monetary Gold been in business?

Monetary Gold was founded in July 2000.

Who is the owner of Monetary Gold?

Information about the owner of Monetary Gold is not publicly available.

What types of precious metals does Monetary Gold offer?

Monetary Gold offers Gold, Silver, Platinum Government Bullion, and a variety of Semi-Numismatic U.S. Coins & Foreign Coins.

What is the minimum investment for Monetary Gold?

The minimum investment for Monetary Gold is $10,000.

How do I roll over my IRA or 401(k) to Monetary Gold?

Monetary Gold provides services for the transfer/rollover of IRA/401k into a Precious Metals IRA, but specific details on the process are not provided.

How does Monetary Gold work?

Monetary Gold works by assisting clients in purchasing precious metals for investment or including them in a self-directed IRA.

Before Investing With Monetary Gold

Potential investors are encouraged to acquire for comprehensive insights into making the best investments in precious metals.

Monetary Gold Homepage

Contact Monetary Gold

Monetary Gold's customer service can be contacted at their office in Woodland Hills, California. They are available from Monday to Thursday, 6:00 am to 4:30 pm, and Friday from 6:00 am to 2:00 pm PST. They also offer 24/7 client concierge services and have social media accounts for further engagement.

  • Phone: 1-818-462-8050
  • Email: support@monetarygold.com
  • Address: 21800 W Oxnard St #1120, Woodland Hills, CA 91367, USA
  • Founded: 2000
  • Category: Precious Metal IRA Company
Social Media
Monetary Gold Address

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