It’s easy to make some outrageous claims about precious metals investing – the Midas touch will turn everything you own into solid gold!
Unfortunately, that is different from how it works. In this Oxford Gold Group review, I’ll explain why you should – and shouldn’t— think twice before trusting a company offering gold IRA services.
But don’t worry too much – we’ll also explore their positives and answer any questions or doubts lingering in your mind, so if they’re the right company for you, then fantastic! If not, no problem!
But before we continue, feel free to explore the:
Best Alternative To Oxford Gold Group
If you’re looking for the best alternative to Birch Gold Group, check out our top gold IRA providers list first.
Our number one pick is Augusta Precious Metals – and boy they do offer a lot.
- A+ BBB rating? Check.
- Zero complaints since their inception? Check.
- Thousands of rave reviews? Check.
- Money Magazine’s top-pick designation? Check!
Read the complete Augusta Precious Metals Review here.
Plus, if you take advantage of their services, they’ll even pay all custodial and storage fees for up to 10 years!
Now that’s what I call an incredible deal.
You’d be hard-pressed to find another company offering even close to that level of value for their customers.
Who is Oxford Gold Group?
If you’re looking for a reliable precious metal investment firm, look at the Oxford Gold Group.
They specialize in converting eligible 401(k) and existing IRA into gold, silver, and other precious metals – all from the convenience of their Beverly Hills location.
With over two decades of experience under their belts, these industry veterans know how to do the job.
On top of providing low commissions and excellent phone customer service, they also offer additional content like instructional material and downloadable information so you can make informed decisions on what to invest in.
Oxford Gold Group Numbers And Stats
Business Consumer Alliance (BCA) Rating
AABusiness Consumer Alliance (BCA) Complaints
0Better Business Bureau (BBB) Rating
A+Better Business Bureau (BBB) Complaints
Seven complaints closed in the last three yearsTrustpilot
⭐⭐⭐⭐⭐ (4.9/5) Based on 179 reviewsConsumer Affairs
⭐⭐⭐⭐⭐ (4.8/5) Ratings – Based on 56 reviewsGoogle My Business
⭐⭐⭐⭐⭐(4.7/5) Ratings – Based on 146 reviews
Oxford Gold Group Fees & Other Info.
Minimum Purchase Requirements
$225/yr for accounts having more than $100,000
$175/yr for accounts having less than $100,000Setup Fee
–Annual Custodian Maintenance Fee
–Annual Storage Fee Structure
Oxford Gold Group charges $175 to $225 per year (Also offers rebates on storage costs depending on your investment amount)Total IRA Fees
–Shipping Costs
–Any Additional Fees
–Available Metals
Gold, silver, platinum, and palladiumCustodian
Equity Institutional and STRATADepository
Brink’s Global Services USA and Delaware Depository
Oxford Gold Group Services
1. Precious Metals IRAs
With Oxford Gold Group, you can invest in precious metals with a tax-advantaged IRA.
This means all the heavy lifting is done for you, so you can quickly kickstart an investor portfolio.
It’s easy to get started, too – contribute money and pick the metals you’re interested in.
Then let Oxford do the rest.
They’ll even ship your metal directly to you when it’s time to withdraw your account; it’s simple, smooth, and secure!
2. Precious Metals Products Non-IRA Purchases
Oxford Gold Group is covered if you want to get in on a precious metal purchase without an IRA.
Oxford Gold Group offer products like palladium, gold, silver, and platinum coins and bars from various countries, including Canada, the USA, Austria, the UK, and Australia.
Whether you’re looking for something global to diversify or some classic American Eagle coins for your collection – Oxford Gold Group has it all.
The process is super simple – all you have to do is fill out one of those quick forms on Oxford Gold Group’s website, and they’ll get back to you directly to sort out the details and the transaction amount.
It doesn’t get more convenient than that!
3. Buy Back Program
This unique precious metals dealer offers the security of wired funds or a check right away when you need cash.
You won’t have to worry about finding a reasonable buyer or dealing with any potential hassles; have your metals shipped directly to the Oxford Gold Group store, and they’ll take care of everything else.
Oxford Gold Group Custodian
Oxford Gold Group has two great options: Equity Institutional and STRATA.
Both institutions offer full-service capabilities to investors and the peace of mind of having trusted financial partners.
With decades of experience in asset management and custody, you can be sure that your physical precious metals investments are well protected.
Trustworthy custodians are essential when it comes to financial security, and Equity Institutional and STRATA have proven time and time again to be excellent choices with expansive portfolio options to fit just about any need.
It’s always been challenging to secure your finances through Oxford Gold Group.
How To Invest With Oxford Gold Group?
Step 1: Complete the Application Process
The application process for a new self-directed IRA or a rollover IRA can be completed over the phone by an Oxford Gold Group partner in less than fifteen minutes.
During the application process, you will need to provide information such as your address and Social Security number and sign off on a form of identification.
After completing the steps, you should anticipate a new IRA account to be created within 24 hours after submitting the required documents and funds.
Step 2: Transfer Funds from Your Existing Account
With Oxford Gold Group, you can effortlessly transfer your funds into a rollover IRA for precious metal investments.
They will contact your current custodian to ensure the shift runs as smoothly and quickly as possible.
The transfer usually takes three to ten days for custodians to complete, so it is essential to plan accordingly if you are switching custodians when investing with them.
Step 3: Choose Your Precious Metal Investment Options
Once your funds have been transferred into your new account, you will have access to their full range of precious metal investment options, including gold, silver, platinum, and palladium.
You will also have access to their metal storage services should you choose that option for safekeeping.
Their partners are available around the clock to answer any questions you may have about our products and services during this step of the process.
What About Oxford Gold Group Complaints?
Even though it operates not 100% smoothly like many other companies, there isn’t much to complain about regarding the Oxford Gold Group.
With its top-tier rating of five stars from the Better Business Bureau, any customer can rest assured that they are safe.
BBB records show that the company had ten complaints closed within the last three years and nine within the previous 12 months.
Most of these grievances are related to customer service availability rather than something to do with the products or services they deliver.
This indicates that people are generally satisfied with this business – a thing worth noting!
What Makes Oxford Gold Group Different From Other Precious Metals IRA Companies?
Oxford Gold Group has set itself apart from the competition with its commitment to providing a higher standard of customer service and lower fees.
Unlike other precious metals IRA companies, Oxford Gold Group knows that their partners’ knowledge and experience in the business form the bedrock of their operations.
This is why they’ve invested in bringing on folks who previously worked at other gold and metals firms – it allows them to provide sound investment planning advice and transact easily in precious physical metals at a fraction of what customers typically pay elsewhere.
In short, Oxford Gold Group offers nothing less than top-notch customer service and expertise, all for a lower price.
Oxford Gold Group Pros And Cons
Pros
- Experienced staff with valuable resources
- Dual investment options: immediate liquidity or long-term growth potential
- Very transparent pricing with no hidden fees
- Opportunity to invest in precious metals tax-deferred
- Many product options, including coins, bullion, and jewelry
Cons
- No online purchases or sign-ups are available
- Gold doesn’t earn interest or dividends
Oxford Gold Group Review FAQs
Is Oxford Gold Group A Good Company?
With over two decades of experience in the industry, Oxford Gold Group has developed a broad range of products and services to accommodate any investment strategy.
Customers have praised the company for their knowledgeable staff and competitive prices.
Reviews on ConsumerAffairs.com, Trustpilot, Birdeye, Facebook, and Retirement Living give Oxford Gold Group high customer service and satisfaction marks.
Overall, Oxford Gold Group is an excellent company to consider when investing in gold or silver.
They have an experienced team that can provide the information you need to make an informed decision about your investments.
What Is The Best Gold IRA?
Augusta Precious Metals is a leader in the retirement community and a provider of physical gold and silver IRAs for retirement portfolios.
With Augusta, you can diversify your savings with gold and silver to gain peace of mind.
Customers receive specialized attention from every process step, from setting up an account to selecting suitable metals for their portfolio.
Augusta Precious Metals offers a wide range of services, including cash purchases, precious metal IRAs, and storage options with several depositories.
They also provide educational resources to help customers make informed investment decisions.
Reviews show that customers are satisfied with the service they receive from Augusta Precious Metals.
Does Dave Ramsey Recommend Gold?
Dave Ramsey is a well-known personal finance guru who has been vocal about his opinion on investing in gold.
He believes that gold should not be used as an investment and has stated, “At no time has gold been used as a medium of exchange of a crashed economy since the Roman Empire.”
Ramsey’s main argument against investing in precious metals is that it does not pay dividends, and their value is dependent on people’s moods.
He also believed that gold would be useless in an economic crisis, as people would refrain from barter using gold and silver.
Despite Dave Ramsey’s opinion, many investors still believe that gold can be a valuable asset to their portfolio.
Gold can act as a hedge against inflation and protect against economic uncertainty.
It can also help diversify an investor’s portfolio and provide long-term stability.
Ultimately, whether or not to invest in gold is up to the individual investor.
It is essential to research and decide what investments are suitable for you based on your financial goals and risk tolerance.
Can You Trust Oxford Gold Group With Your Precious Metal IRAs?
With the Oxford Gold Group, you can trust that they deliver on their promises.
They have a Business Consumer Alliance (BCA) Rating of AA, zero BCA Complaints, and an A+ rating from the Better Business Bureau.
Placing that alongside the 4.9 out of 5 stars given by Trustpilot and 179 reviews saying primarily positive things about them, there’s nothing negative you can find about them.
Setting up an account with Oxford Gold Group is incredibly easy for even a novice investor to get started.
Prices are affordable for all products and services offered, so no matter what your budget is, you should be able to find something suitable for you.
Above all else, Oxford Gold Group is firmly dedicated to building customer trust and confidence.
So if that matters to you as an investor, then it’s worth looking into working with them.
What’s Your Stance On Oxford Gold Group Reviews?
All in all, the Oxford Gold Group review is a lukewarm recommendation at best.
It’s certainly not the ‘Midas touch’ that some investors might be hoping for, but at the same time, it is not something to turn your nose up on either.
With their unique risks and rewards, they can offer an exciting alternative to more traditional investments.
You’re willing to take the gamble and understand how these investments work, and it’s worth looking into.
All this being said. However, it’s best to approach cautiously and keep an eye out how their trading turns out when it’s all said and done.
At its worst, it might end up being a bust – But at its best, it could pay off!