Welcome to my United Gold Group review!
Investing in gold has been a popular choice for centuries, and for good reason. Gold has proven to be a safe and reliable investment, especially during times of economic uncertainty.
However Finding a trustworthy company is crucial when investing in gold because the gold industry is largely unregulated, and there are many unscrupulous companies out there!
Is United Gold Group a scam? In this review, we'll take a closer look at what this gold company has to offer and help you decide if it's the right fit for your investment needs.
United Gold Group Quick Summary
- Name: United Gold Group
- Website: unitedassetgroup.net
- CEO/Owner: Mr. Randy Kohl
- Price: Depends on the product
- Rating: 3/5
What Is United Gold Group?
United Gold Group (UGG) is a precious metals dealer that provides a wide range of investment options for individuals and businesses looking to diversify their portfolios.
This company was founded in 2003 with the goal of providing a reliable and secure way for individuals to invest in precious metals. The company is headquartered in California and has a team that's committed to providing good customer service and expertise to its clients.
United Gold Group Products & Services
United Gold Group offers a variety of products related to gold, silver, platinum, and palladium. Some of the products and services they offer include:
- Gold coins and bars: United Gold Group offers gold coins and bars from different mints and refineries, including the American Gold Eagle, Canadian Gold Maple Leaf, and Perth Mint Gold Bars.
- Silver coins and bars: They also offer a variety of silver coins and bars, including the American Silver Eagle, Canadian Silver Maple Leaf, and Perth Mint Silver Bars.
- Platinum and palladium products: UGG offers platinum and palladium coins and bars, such as the American Platinum Eagle and Canadian Platinum Maple Leaf, as well as palladium bars from reputable refineries.
- Numismatic coins: For collectors, this company offers a range of rare and historic coins, such as pre-1933 gold coins and Morgan Silver Dollars.
- Storage Solutions: UGG sells secure storage solutions for precious metals, both domestically and internationally. They offer options for segregated storage as well as allocated storage.
- Precious Metals Buyback: UGG also buys back precious metals from clients who want to sell their holdings.
How Does United Gold Group Work?
If you're interested in getting started with United Gold Group, here are some steps you can follow:
- Contact United Gold Group: The first thing you'll need to do is contact United Gold Group to speak with a representative who can provide more information about their products and services. You can reach them either by phone or by email.
- Open an account: If you decide to invest with United Gold Group, you will need to open an account with them. You can do this by filling out an application form, which you can find on their website or request from their representatives.
- Fund your account: Once your account is open, you will need to fund it. You can do this by transferring money from your bank account or IRA, or by rolling over an existing IRA or 401(k) into a precious metals IRA with United Gold Group.
- Choose your investment: After funding your account, you can choose which precious metals you want to invest in.
United Gold Group Fees
There isn't enough fees information on the United Gold Group's website, you wouldn't be able to know if you'll pay extra storage fees, shipping fees or insurance fees untill you call them.
The only thing mentioned on their website is the minimum for each purchase which is $1,500.
Ratings And Reviews Of United Gold Group (2023 update)
I did some digging online to see what people think about United Gold Group, but I didn't find a lot of reviews, but at least they are BBB accredited as you can see below:
However below are the reviews and ratings I found:
What I Like About United Gold Group
- Member of the ICTA
Membership in the NCBA (ICTA) is considered a huge plus because of the association's role as the industry watchdog, which includes fostering best practices among members and providing a learning environment for compliance with federal and state regulations for precious metals dealers.
- Provides access to a wide catalog
A wide catalog means they'll always have something to supply the needs of their potential customers.
- Competitive Pricing
United Gold Group aims to offer competitive pricing on its products, which can help you maximize your investment returns.
What I Don't Like About United Gold Group
- Lack of online ratings and reviews
Most people prefer getting involved with a well-known company with tons of reviews.
- Lack of transparency
Some customers have complained about the lack of transparency in United Gold Group's business practices, including unclear or misleading information about the products and services they offer.
- Limited payment methods
United Gold Direct only accepts bank transfers, cashier's checks, and personal checks up to $10.000
Is United Gold Group A Scam?
In conclusion, United Gold Group is not a scam, it's a legit precious metals dealer that offers a range of investment options to suit the needs of individual investors.
However, the lack of reviews may be a turn-off for some since most people prefer to invest their hard-earned money in well-known companies with thousands of satisfied customers.
One of these companies is Augusta Precious metals.
Augusta is a well-known precious metals dealer that earned a reputation as one of the most trustworthy and transparent gold IRA companies in the industry and they have super ratings and reviews everywhere.
>>>click here to learn more about Augusta Precious metals.
Thank you for taking the time to read this review! if you have any questions or thoughts feel free to drop a comment below!