Oxford Gold Group Review

In addition to these services, Oxford Gold Group also delivers bullion to clients nationwide.

However, if you have arrived at this article, you are likely already aware of these basics and are seeking a comprehensive review of the Oxford Gold Group.

You may be questioning whether this company is legitimate or a scam, or contemplating the merits of investing in precious metals.

In the following sections, we will delve into these inquiries and provide you with the information you need to make an informed decision.

Who Is the Oxford Gold Group and How Do They Work?

 Though they haven’t been in business as long as some other companies in the same market space, Oxford Gold Group has garnered positive client reviews. Moreover, the company leads have decades’ worth of experience in the field.

According to reports, Oxford does a fantastic job of keeping investors informed every step of the way, and team members help people who may not have experience investing in precious metals. Moreover, they provide quarterly updates after deposits have been made. 

Understand, however, that Oxford Gold Group offers self-directed services, meaning you won’t have an advisor doing the selling and buying on your behalf.

You will need to do some research on your own. That said, every Oxford client has a customer service representative that guides them through the process to help establish an investment strategy. 

Your representative will assess your situation and talk through applicable options, including the risks and benefits. The firm also assists with the logistics of setting up an account and executing trades and purchases.

Additionally, Oxford Gold Group offers loads of free materials to help you make the best decision. The website features numerous educational downloads and articles with titles like “A Guide to Your Options for Precious Metal Storage,” “Investing in Precious Metals,” and “What Is a Gold IRA Custodian? Everything You Should Know.”

Furthermore, Oxford maintains pricing charts for gold, silver, palladium, and platinum so you can keep up to date on investment values and account totals. 

Is Investing in Precious Metals a Good Idea?

If you’ve never invested in bullion before, you may be wondering: Is investing in precious metals a good idea? Ultimately, the answer depends on your financial circumstances. Under the right conditions, it can be an excellent way to hedge against economic turmoil and uncertainty. But you should be aware of a few facts.

But don’t let these facts scare you off completely. Investing in precious metals can be a savvy move. Benefits include:

Conveniently, Oxford Gold Group has a gold qualification quiz on its website to help you determine whether investing in bullion is right for you.

IRA and 401(K) Precious Metal Rollovers

One of the main services offered by Oxford Gold Group is IRA and 401(K) precious metal rollovers. IRAs are individual retirement accounts set up by people. Conversely, 401(K)s are employer-sponsored. 

Before rolling funds over, however, familiarizing yourself with the laws and parameters is paramount if you don’t want to be hit with a massive tax obligation. Moreover, the IRS has specific requirements regarding the purity and form of allowable metals. 

For example, certain types of collectible coins may not be eligible for inclusion in retirement accounts. That’s why working with a reputable company like the Oxford Gold Group is essential.

Is the Oxford Gold Group a Scam?

No, the Oxford Gold Group is not a scam. It is a legitimate company that has helped many individuals in the United States successfully diversify funds and hedge against economic uncertainty. Notably, it is one of the best-reviewed precious metal investment platforms around. 

So how much does it cost? The exact price will depend on how much you invest or buy. According to some reports, the firm charges an annual fee of about $175 for accounts less than $99,999 and $225 for those $100,000 and over. However, the company doesn’t disclose definitive fee schedules on its website, so these figures are subject to change.

Furthermore, you may need to maintain a minimum balance of $25,000 to keep an active account, and setup fees may range from $50 to $500. Keep in mind that you must pay for the bullion purchased for delivery. 

Notably, the company’s principals cited the desire to establish a company that didn’t nickel and dime their clients, and they’ve ostensibly kept their word. So, unlike other investment options, you won’t have to pay a quarterly percentage fee with Oxford Gold Group. 

Biggest Complaints About the Oxford Gold Group

Encouragingly, few people have complained about the Oxford Gold Group. In terms of legitimate grievances, the biggest one is that it may take longer than expected to receive bullion after ordering. Additionally, some people have reported that the initial paperwork process wasn’t as streamlined as they would have liked. 

In response to these complaints, it’s vital to understand that supply-chain logistics can significantly impact when you take possession of your palladium, platinum, gold, or silver. Due to various global events in recent years, shipping times have increased.

However, things are beginning to return to normal, and delivery delay issues have considerably subsided across the board. In instances when issues arose, it appears that Oxford Gold Group made every effort to rectify the situation to the client’s satisfaction.

The firm appears to readily admit when there has been a snafu, and it works to make things right. In worst-case scenarios, clients were contacted by the firm’s owner, and many said they would continue to do business with Oxford despite the initial miscommunications. 

Other knocks against the company are typically user errors. For example, you may run across people who lost money investing in bullion, but that is not the fault of Oxford Gold Group since account holders are responsible for deciding how much they want to convert or purchase. Furthermore, some people don’t understand that you must pay for your bullion before receiving it.

What Types of Clients Does the Oxford Gold Group Have?

The Oxford Gold Group works with people across the United States. Their client roster is mostly composed of individuals with established IRA and 401(K) accounts who want to diversify their holdings to guard against economic downturns and other financial risks.

Additionally, Oxford is a bullion broker that sells gold, silver, platinum, and palladium to people, regardless of retirement account status. Understand, however, that you cannot open an independent retirement account with the Oxford Gold Group. 

Common Questions and Answers

Below are common queries and answers about the Oxford Gold Group

The firm has two main storage facilities: Brink’s Global Services in Salt Lake City, Utah, and the Delaware Depository in Wilmington, Delaware.

Yes, the company stays in close contact during the buying and shipping process. Once the initial investment is complete, they provide quarterly status updates.

One of the best things about the Oxford Gold Group is its low fee structure. According to some reports, the firm charges an annual fee between $175 and $225, depending on your account size. However, they don’t disclose hard numbers on their website, which means costs are subject to change. Regardless, you won’t have to worry about them siphoning small fees throughout the year.

Yes, the firm ships bullion. Note, however, that you must pay for the product before it’s shipped.

 Any investment decisions made using Oxford Gold Group’s services must comply with IRS standards and parameters.

While the company enjoys lots of positive reviews, the biggest complaint cited by customers is that it may take longer than expected to get your bullion. However, the company goes above and beyond to rectify mistakes, and most clients are satisfied with the results.

Unfortunately, no. The Oxford Gold Group only works with clients in the USA.