Market volatility, economic uncertainty, and high inflation can rattle a lot of investors. These events can significantly impact asset prices, but one investment acts as a haven from the world’s uncertainties.
Precious metals act as inflation hedges due to their limited supply and functionality. The world needs precious metals to function as it does, and it’s far more detailed than gold being used for jewelry and fancy coins. Gold is used in medical procedures, aerospace equipment, and electronic devices. Other precious metals have additional uses and will remain vital to society.
Since these assets are important, they can appreciate during economic uncertainty. If you want to invest in gold using your retirement funds, Oxford Gold Group can help.
About Oxford Gold Group
Oxford Gold Group is an industry leader in precious metals that has been providing retirement accounts since 2017. CEO and co-founder Patrick Granfar leads the company. You can hold onto gold in your retirement account and have precious metals shipped to you from outside of your retirement account. The company educates clients about precious metals and guides them to smoother retirements.
How Does Oxford Gold Work?
Oxford Gold Group manages gold IRAs and stores precious metals for its clients. Investors can choose from traditional, Roth or SEP IRA accounts. The company also enables 401(k) rollovers for people who want to convert their retirement funds into precious metals. You have to fill out a short form that asks for your name, email, and phone number to learn more about retirement accounts and physical delivery. After you fill out that form, a representative will reach out to you with additional details.
What Products Does Oxford Gold Have?
Oxford Gold Group offers several retirement accounts and products that give it a competitive edge over other gold IRA providers. These are the products you will find at Oxford Gold Group.
Gold IRA
Gold IRAs let you convert your cash into gold. The company stores gold for you while letting you benefit from upward price movements. Investors can choose from over a dozen gold coins and bars.
Silver IRA
Silver IRAs let you turn your funds into silver. The company stores silver on behalf of its clients and has over a dozen silver assets to choose from.
Precious Metals IRA
A precious metals IRA gives you exposure to gold, silver, and other precious metals. Oxford Gold Group also offers exposure to Platinum and Palladium. Just like with the other IRAs, Oxford Gold Group stores the precious metals for you and charges a small storage fee. You won’t have to worry about storing precious metals, preserving them, and keeping them at the right temperature.
401(K)
If you have a 401(K), you can roll it over to Oxford Gold Group and convert your 401(K) funds into precious metals. Oxford Gold Group does not let you create a 401(K) on its platform, but it is suitable for people who want to convert their existing 401(K) plans into gold IRAs.
Precious Metals Coins and Bars
Oxford Gold Group offers several precious metals coins and bars outside of your retirement account. You can buy these assets and store them yourself to save on storage fees. Investors can choose from gold, silver, platinum, and palladium.
Charts and Other Educational Resources
Oxford Gold Group has historical charts available for gold, silver, platinum, and palladium. These charts help investors assess how these assets have performed in economic booms and busts.
These charts also allow investors to compare how precious metals have performed against oil, the U.S. dollar, and indexes like the S&P 500. Seeing these historical performances and comparisons can help you decide how much money to put into precious metals and which ones to prioritize.
Investors can also access educational articles and guides to learn more about precious metals and best investing practices. Oxford Gold Group makes these resources digestible and removes the jargon so investors can quickly learn about these assets. These resources can give you a jumpstart into how these assets work and what influences their price movements.
What Other Services Does Oxford Gold Provide?
Oxford Gold Group specializes in gold IRAs and selling physical precious metals. The company doesn’t have other services, but it has a useful RMD estimator. This calculator helps retirees calculate their required minimum distribution so they can avoid penalty fees. Oxford Gold Group also has good customer support that can answer your questions. Here are some of the other notable resources.
Investing News and Articles
Get the latest news about precious metals so you can make better decisions with your retirement funds.
Precious Metal Charts and Prices
See how precious metals have historically performed and compare their returns with indexes and other assets.
Educational Resources and Learning Center
Read through free guides and articles to learn more about precious metals investing.
How Does Oxford Gold Stack Up?
Oxford Gold Group offers IRAs and lets its clients buy physical precious metals. The company offers a greater range of precious metals than other self-directed gold IRA custodians. However, Oxford Gold Group only offers traditional, Roth and SEP IRA accounts. While this variety is more than some IRA providers, it’s possible to find similar companies that also offer simple IRA plans. You also cannot have 401(k) plans with Oxford Gold Group but can roll over your existing funds into a new plan.
Overall, Oxford Gold Group has a lot to offer and has many good reviews. The company has over 180 Trustpilot reviews that average 4.9 out of 5 stars. The company has an A+ rating from the Better Business Bureau and has been accredited since 2018. It has 90 reviews on the BBB, averaging 4.93 out of 5 stars.
Is Oxford Gold Worth It?
Oxford Gold Group helps investors diversify their portfolios by giving them exposure to precious metals. The company lets clients enjoy tax benefits while building their portfolios, and it can be a valuable resource. Oxford Gold Group has a $200/yr storage fee which sounds excessive, but it does not have an annual account maintenance fee. Since the company does not have an account maintenance fee, the storage fee is more reasonable. Oxford Gold Group also offers a 1-year rebate for every $25,000 in your retirement account.
Oxford Gold Group is best for investors who understand the value of precious metals and want to diversify their retirement funds. You can get a full or partial rollover if you already have a 401(k) or another retirement account.
How to Get Started with Oxford Gold
Oxford Gold Group has a straightforward website that walks investors through the process of buying physical precious metals and opening self-directed retirement accounts. You have to fill out a short form that includes your name, email, and phone number. Then, a representative from Oxford Gold Group will guide you through setting up a retirement account. You will also have to follow this process to receive prices for physical assets and to make purchases.
