The Oxford Gold Group is another stellar precious metal investment firm based in Beverly Hills, California. This one specializes in aiding all of its clients to get to their retirement goals. They do this through their extraordinary investment strategies and metal IRA.
I could not find even one negative remark about the Oxford Gold Group. If you look into the company on the internet, you will see a lot of good ratings regarding the company.
This has led many people to think that the company is too good to be true. To get to the bottom of this, I decided to write this Oxford Gold Group review to see if all is as it seems.
I will be talking about all of Oxford Gold Group’s services to its customers. Along with all this, the article will explain how good it is compared to its competitors. For this reason, you should read the article till the end, as it will help you reach a concise conclusion.
A Brief Overlook Of Oxford Gold Group
The people at Oxford Gold Group take pride in being an industry leader in precious metals. They specialize in all sorts of IRA-related functions.
This is regardless of whether you already have an IRA account or are making a new one. They provide their clients with the best possible service and prices.
Furthermore, they ensure all their products are delivered directly to your doorstep. The company has over two decades of experience and has been operated by industry veterans.
Despite having quite a name, the company does not allow direct purchases via its website. This has given this metals brokerage firm the reputation it has gathered.
Oxford Gold Group’s Mission
The Oxford Gold Group was founded to allow everyone to purchase and benefit from owning precious metals. Another focus the company has is ensuring that all its clients have all the information they need to make proper decisions.
They have promised to help their clients on every step of the way and answer anything they ask. Their aim is to go above and beyond in their services and outshine their competitors. The people at Oxford Gold Group also aim to teach their clients the benefits of precious metals.
If this information piqued your interest, you might want to contact their company. Here, I provided all of their contact information below:
You can reach out to the company via:
Email: [email protected]
Address: 9100 Wilshire Blvd Suite 800 E, Beverly Hills, CA 90212, United States
The Services Provided By Oxford Gold Group
Each metal investment company has a variety of different services which they provide to their clients. These can include basic investment opportunities to more obscure services such as rollovers.
To give you an idea of the capabilities of the Oxford Gold Group, I will talk about all of their services. This will also show you how good the company is and how it compares to its competitors.
Precious Metals IRA Investments
Most IRAs are beneficial for people who want to engage in saving for their retirement but the IRA accounts offered by Oxford Gold Group offer tax advantages. This is usually done in exchange for placing restrictions on the money withdrawn at a specific time.
Being short for Individual Retirement Accounts, they allow for investment in various metals provided by Oxford Gold Group. The company has all sorts of metals and products, which I will mention later in this article. This means that you have more variety of metals to diversify your assets and engage in investments.
Oxford Gold Group allows funds to be withdrawn from one retirement plan to another. This can help contribute your old IRA funds to your new account. There will be no tax for this transaction and is 100% penalty-free.
One thing to note is that this can only be done once every year. Additionally, Oxford Gold Group allows this to happen with the following account types:
- 401k (401k To Gold IRA Rollover Guide)
- Simple IRA
- Pension Plans
- Roth IRA
Account holders have also been given the facility from Oxford Gold Group to transfer their money directly to the IRA account. The cash moves from one trustee to another.
All of this is done without the account holder getting a receipt. This transfer is similar to the IRA rollover, in that the transfer is 100% tax-free and has no IRS penalty.
Buy Back Program
If you are an owner of an IRA, you usually only have two choices to take a minimum distribution. The first option is to get the metals shipped to you, and the second is to liquidate them and get money.
Oxford Gold Group has a study buyback program to ensure that all the money will be transferred to you via wire. This saves you from looking for potential buyers to sell your gold.
Multiple Storage Depositories
Many companies can provide some sort of storage facility to their clients. This is a very appealing option if you want to keep your precious investments safe and secure. Oxford Gold Group owns two different depositories:
- Brinks Depository in Salt Lake City, Utah
- Delaware Depository in Wilmington, Delaware
Both of these facilities are protected by qualified and well-known insurance and security companies to ensure the safety of your metals. These metals go into and out of these facilities via insured carriers.
Oxford Gold Group Products
Knowing a company’s features is good, but you should also be well aware of the products the company is selling. In this part of the article, I will go over all of the products Oxford Gold Group sells to its clients.
- 2013 Gold Canadian Polar Bear
- 2014 Gold Canadian Arctic Fox
- 2015 Gold Canadian Polar Bear & Cub
- Gold Bar
- 2018 1/ 4 oz Guinea “Rose Crown”
- 2019 Gold Bottlenose Dolphin
- 2020 North American Bald Eagle
- 2022 British Royal Mint Gold Standard Coin
- Gold Austrian Philharmonic
- American Gold Eagle
There are multiple different types of gold coins being sold by Oxford Gold Group. While not all of them will have IRAs available, they will still be great investments for your portfolio.
- Canadian Silver Maple Leaf Coin
- 1964 Kennedy Half Dollar
- 2014 Silver Canadian Arctic Fox
- 1964 Kennedy Half Dollar BU
- 2017 Canadian Grizzly Bear
- 2015 Canadian Polar Bear & Cub
- 2019 Silver Bottlenose Dolphin
- 2018 1.25 oz Guinea “Rose Crown”
- PAMP Suisse Silver Bar 1 kg,
- Silver Bar 1, 10, 100 oz
There are various types of silver coins offered to sale by Oxford Gold Group. Not all support IRAs, but they could be great options for investments to diversify your assets.
- 2019 Platinum Bottlenose Dolphin
- American Platinum Eagle Proof
- Platinum Bar 1 oz
- Platinum Austrian Philharmonic
- Platinum Canadian Maple Leaf
While it is not as diverse as their gold and silver products, they are still quality.
- Palladium Canadian Maple Leaf
- Palladium Bar 1 oz
There are only two products available in this category. Despite this, their quality remains equivalent to the gold and silver products, making them a nice product to purchase.
Pros And Cons Of Oxford Gold Group
Seeing what the company can offer you is a good thing to consider. The advantage of certain companies can tilt the favor and appreciation of individuals to one another.
Alternatively, you should also be aware of their drawbacks as they can limit you. Here are all the pros and cons that Oxford Gold Group will provide you:
- Oxford Gold Group specializes in the purchase of precious metals.
- The company makes the purchasing process simple to understand for first-time buyers.
- Owners of the company have several years of experience in this field.
- Oxford Gold Group ships all its physical products directly to the customer's doorstep.
- Representatives at Oxford Gold Group ensure the buyer gets exactly what they need.
- Detailed product descriptions are available on their website.
- There are currently only two employees that handle IRA account-related transactions.
- Oxford Gold Group does not have 24/ 7 customer service available.
- No online purchases are available on the website.
- No online application process on the website.
- No prices are listed on their website.
There are a lot of pros and a lot of cons when it comes to Oxford Gold Group. That being said, most of their drawbacks are not major issues in the long run.
While they are a bit inconvenient, some people might consider them to be a small sacrifice for the company’s quality. Additionally, these drawbacks can always be fixed and are not permanent.
Oxford Gold Group’s Ratings
I have shown you what the people and clients of Oxford Gold Group think of the company. I should now discuss what major rating sites and companies think of them.
I will look at the various ratings and achievements the Oxford Gold Group has received over the years. These include:
- Oxford Gold Group has a Consumer Affairs rating of 4.8 out of 5 stars. This is from a total of 56 reviews.
- The company has a great rating at Trustpilot of 4.9 out of 5 stars. The total rating is out of 186 reviews.
- Google My Business has a total rating of 4.7 out of 5 stars. This is across 140+ reviews.
- Oxford Gold Group has a BCA rating of AA. Additionally, it has had 0 BCA complaints.
- The company has a BBB rating of A+ with only seven complaints. These have been closed in the last three years.
A major thing you can gauge a company by is how well they interact with its customers and how much they like them. All of the above information should give you insight into how good the company is. It will also show you the level of quality you can expect from the company.
Can You Put Your Faith In The Oxford Gold Group?
After seeing all of these spectacular ratings from various organizations and customers, it should be apparent that Oxford Gold Group can be trusted. The group has shown time and time again that it can deliver all of the things it promises.
Additionally, it ensures that it does not promise anything it cannot provide to the client. This leads to a good environment where the clients can get what they expect and always remain happy.
In conclusion, if the people of Oxford Gold Group have told you something, it is likely to be true. Hence, you can trust them with your investment and have faith that they will not disappoint you.
Fees In Oxford Gold Group
Another deciding factor when selecting which company you want to go with is how much they charge you. Most companies have a similar structure in asking you for an annual fee. Other times, you will have to note various set-up fees and other numbers.
In the case of Oxford Gold Group, the setup fee is around $300. You will also have to pay an annual fee of close to $200. This fee will cover storage, insurance, and maintenance.
Furthermore, you will need to have an account minimum of at least $25,000. You should also be aware that the company can run multiple offers to help reduce these fees. Keep an eye on their site for promotional material that can help you save some cash. I have gone ahead and listed one such promotion below.
One thing that companies may also set is a minimum purchase requirement. For coins, Oxford Gold Group has a minimum requirement of $10,000. This becomes $25,000 in the event you want to purchase bars.
Current Promotions By Oxford Gold Group
An incentive that Oxford Gold Group has launched is that it will cover your setup fee if you pay the annual fee first. The company may also cover your storage fees for up to 5 years if you can avail of certain offers.
How Can You Open An Account With Oxford Gold Group?
Despite their great website, the Oxford Gold Group do not allow you to start immediately from their website. Instead, you will have to call their phone number or fill out a long application.
This application can be filled out online and will be around a few pages long. Once you have submitted the application and all of it has been approved, you will have access to your account. This can take up to a day to occur.
Before your account is approved, you will have to have your identity confirmed by a representative. Another application will be sent to you, and you will have to include documents related to your ID.
Additionally, you will also have to sign it as well. Once everything is submitted, you can get a hold of your account within 24 hours.
This guy shows you how to open up the account below:
Frequently Asked Questions
Q1: Do You Have To Store Your Metals In Oxford Gold Group Storage Facilities?
The short answer is no. You do not. You can choose to have your metals stored in either of their facilities for safekeeping.
Alternatively, you can bring them to your doorstep, where you must manage them yourself. You can freely move them in and out of the storage facilities.
Q2: Will The Oxford Gold Group Find You A Custodian For Your IRA?
The Oxford Gold Group is partners with both STRATA and Equity Institutional. Both companies are approved IRA custodians and provide their services to Oxford Gold Group.
You can get the choice between working with either of the two groups. You can also choose to get your custodian for your IRA account.
Q3: Does Oxford Gold Group Guarantee Return On Precious Metals?
Most companies do not guarantee anything when it comes to returns. Oxford Gold Group takes a similar approach. While they say that gold is much more stable than other metals, even it cannot provide a guaranteed return.
Q4: Does Oxford Gold Group Allow For The Monitoring Of Precious Metals Performance?
When you create an account with Oxford Gold Group, you can monitor your precious metals’ performance. Oxford Gold Group will also send you quarterly statements. It will also show you just how well your metals are doing.
Q5: Which Metal Does Oxford Gold Group Recommend In Investing?
According to Oxford Gold Group, gold is the best metal to invest in. This is because its price does not fluctuate that often.
This means that its value remains stable over long periods of time. Major factors which affect gold prices are supply and demand. Other aspects are the behavior of major buyers and sellers.
The end result of this Oxford Gold Group review is just as one would think. Oxford Gold Group has been able to maintain its integrity throughout the years. It is a great company to invest in precious metals, offering lower fees than its competitors.
Additionally, the array of features and amount of products the group brings to the table is just amazing. If you are looking for a company to diversify your assets in all sorts of metals, then Oxford Gold Group is for you. Apart from some small annoyances, the company is borderline perfect in everything that it does.
Martin Thomas, the owner of Sutter Gold Mining, is a true gold investment aficionado. With decades of experience and a wealth of knowledge, he is the go-to source for anyone navigating the vast world of precious metals. Martin has dedicated decades of his life to understanding the intricacies of the precious metals market and the best strategies for maximizing returns. His expertise in this field is unmatched, and his commitment to helping others make informed investment decisions is unwavering. With him as your guide, you’ll gain a deeper understanding of the gold market and learn how to make smart investment choices that will benefit you for years. With his guidance and wisdom, you will never have to worry about taking the wrong investment step again.