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Noble Gold Investments Review

Reviews 343
Noble Gold
Noble Gold
Excellent
Reviews 343
Patrick Sather
Aug. 23, 2023
4 min read
Patrick Sather
Noble Gold Summary
Noble Gold has offered precious metals to investors since 2016. Along with physical gold, silver, platinum, and palladium, it also offers gold and silver IRAs. You can open a Noble Gold precious metals IRA in under five minutes with as little as $20,000. Noble Gold provides fast and friendly customer service and is very transparent when it comes to displaying the fees that it charges before you open an account.

Pros

  • Excellent customer service
  • Relatively low minimum investment amount
  • Transparent fee structure

Cons

  • Does not list the prices of coins or bars online
  • No international storage option

Noble Gold at a glance

9.2
Editorial score

Years in Business

6-9 years
9.0

Minimum IRA Investment

$20,000-$29,000
9.0

Diversification

Gold, silver, platinum, palladium, & copper; physical assets & IRAs
10.0

Customer Service

Phone & online form; no operating hours listed
9.0

Online Experience

Clear and easy-to-navigate homepage
9.0

Overview

Founded in 2016 by Collin Plume, Noble Gold Investments is a precious metals investment company based in Pasadena, California. Before starting Noble Gold, Plume had over 20 years of experience in precious metals investment. Since opening for business, Noble Gold has processed over $1 billion in precious metals transactions.

Noble Gold offers a wide variety of precious metals, including gold, silver, palladium, and platinum. It carries many popular coins and bars as well as rare and collectible coins. Along with physical assets, Noble Gold also offers gold and silver IRAs that enable you to invest qualified retirement funds in IRS-approved precious metals.

Suitable for?

Investors looking to take their first steps into the world of precious metals will likely find Noble Gold’s relatively low $20,000 minimum IRA investment threshold an attractive feature. Giving you the opportunity to shift the balance of your portfolio over time, you can make a further commitment as you gain more experience with precious metals.

Noble Gold is also a great option for investors who wish to store non-IRA assets at home as a source of emergency funding. Its Royal Survival Packs, containing curated collections of precious metals ranging from $10,000 to over $500,000 in value, can be securely and discreetly delivered to your door within 5 days of purchase. 

Terms and Fees

When you open a Noble Gold IRA you have to pay a one-time setup fee of $50. It also charges an annual recurring $100 account fee and a $150 storage fee. These fees come directly out of your IRA’s value on your account anniversary.

Noble Gold also charges a commission each time you purchase precious metals for your IRA. The commission varies between 2%-12%, with most transactions charging around 8% commission. Unlike some precious metals dealers, Noble Gold does not charge any shipping fees to transport your precious metals.

Setup fee

$50

Account fee

$100 per year

Storage fee

$150 per year

Commission

2%-12% per transaction

Shipping fee

$0

How It Works

It’s easy to open a gold or silver IRA with Noble Gold. You can complete the whole process online in as little as five minutes.

Once you open your IRA account, Noble Gold will contact your current custodian within 24 hours to transfer your retirement account assets into your new precious metals IRA. As the minimum investment to open an IRA is $20,000, and funds must come from a qualified retirement account, you can’t open a Noble Gold IRA with funds from a checking or savings account. On average, it takes between three and seven days to transfer funds from your current custodian to Equity Trust IRA—the custodian for your Noble Gold precious metals IRA.

You may also choose to roll over funds from another retirement account via a 60-day rollover. In this situation, you take receipt of the funds from your previous custodian and then forward these funds to Noble Gold. Just be advised that you must move these over to your new Noble Gold IRA within 60 days to avoid potential tax consequences.

Upon receiving your funds, a Noble Gold representative will call you so you can place an order to purchase precious metals for your gold or silver IRA. Noble Gold will then purchase your metals and ship them to a secure precious metals storage facility in either Delaware or Texas.

When you’re ready to withdraw funds from your IRA, simply contact a Noble Gold representative and request a distribution. You can elect to receive your funds in cash or precious metals. It usually takes around five business days for Noble Gold to deliver your precious metals to your home. Meanwhile, cash withdrawal delivery times can vary, but typically take within two or three business days.

Be advised, Noble Gold requires a minimum investment of $20,000 to open a precious metals IRA. That said, this figure is in line with or lower than many of its competitors.

If you don’t want to open a gold or silver IRA, you can choose to purchase one of Noble Gold’s Royal Survival Packs. These packs contain a variety of physical gold, silver, platinum, or palladium products and range in price from $10,000 to $500,000. To order a Royal Survival Pack, simply call during normal business hours and speak with a Noble Gold customer service representative.

Help & Support

If you need support, you can reach a Noble Gold customer service representative at (877) 646-5347, or email your inquiry to info@nobleira.com. It's easy to reach a concierge who can answer your questions about products, help you set up an account, or place an order. Noble Gold also offers learning resources on its website with information about gold and silver, investing basics, financial news, and more.

Business Hours:

  • Monday: 6:30am-6pm

  • Tuesday: 6:30am-6pm

  • Wednesday:6:30am-6pm

  • Thursday:6:30am-6pm

  • Friday: 6:30am-5pm

  • Saturday: 8am-1pm

FAQs

Are there fees to have a Gold or Silver IRA?

For gold or silver IRAs, Noble Gold charges a one-time $50 setup fee, a recurring annual fee of $100, and a $150 annual storage fee. It also charges a commission ranging from 2%-12% when you buy precious metals to store in your IRA.

Are there taxes or penalties to move funds into a precious metals IRA?

No, you do not incur taxes if you transfer funds from a qualified retirement account into a precious metals IRA. That said, qualified retirement account rollovers must be completed within 60 days to avoid possible tax implications.

Where are my precious metals stored?

Noble Gold allows you to store your precious metals at one of two International Depository Services storage facilities located in the US. These storage facilities are located in Dallas, Texas, and New Castle, Delaware.

Conclusion

While relatively new on the scene, Noble Gold is quickly making a name for itself as a top precious metals investment firm thanks to its customer-first approach. It provides excellent service, competitive and transparent rates, and a decent variety of investment options. If you’ve been looking for a way to diversify your retirement portfolio and hedge against inflation, then opening a gold or silver IRA with Noble Gold may be just what you need.

Methodology

This review was created with information gathered from Noble Gold’s website, customer reviews, and conversations with Noble Gold representatives.

Patrick Sather
Written by
Patrick Sather
Patrick Sather is an award-winning personal finance writer and licensed broker who has worked for some of the largest financial firms in the United States, including TD Ameritrade and Pacific Life. A graduate of the University of Nebraska in both Economics and International Trade and English, his articles on life's most common financial decisions and quandaries are straightforward, practical, and always easy to understand.
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