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Patriot Gold Group Review
4.8 Overall Rating
Customer Care
Pricing
Reliability
Ease of Purchase
Bottom Line
Patriot Gold Group emphasizes educating clients about gold and precious metals purchases. Customers work directly with the company owners to ensure a consistently high level of satisfaction. Patriot Gold is a full-service gold dealer. They have over 50 years of experience in precious metals investment.
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About Patriot Gold Group
Patriot Gold Group helps people buy gold and other precious metals for their retirement accounts. They don’t just sell the metals—they guide you through the process of setting up or rolling over a precious metals IRA, making sure everything follows IRS rules. The company is on our list of the best Gold IRA companies for easy account setup with a one-day turnaround. Patriot Gold Group is a certified Professional Coin Grading Service (PCGS) company and a member of the Numismatic Guaranty Corporation.
Patriot Gold Group specializes in facilitating precious metals IRAs. A precious metals individual retirement account is a self-directed IRA holding physical metals such as gold and silver coins as retirement portfolio assets in an IRS-approved storage facility. Precious metals IRAs are often used to diversify a retirement account, although some use this type of IRA to offset concerns about a future devalued dollar.
Patriot Gold works with its customers’ IRA custodians (typically a financial institution) and storage facilities to make buying or selling assets smoother. In many cases, a transaction requires only a single phone call from the customer. Without this facilitation, the IRA holder would need to spend quite a bit of time coordinating communications with the custodian, the broker, the shipping company, and the vault company separately. Patriot Gold Group handles this process to ensure that all steps are completed correctly after receiving instructions from the customer.
Pros
- Specializes in precious metals IRAs and understands the process involved
- Investor Direct pricing
- Established in 2016
Cons
- Must call or fill out a form on the website to get adequate information
Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.
How to Start a Patriot Gold Group Precious Metals IRA
If you already have a self-directed precious metals IRA, you can contact a Patriot Gold Group representative to transfer your account. As a full-service firm, they can set up the transfer over the phone, sign documents, and open the account. Setting up a new account is a similar process that starts with filling out the application on the Patriot Gold Group website or calling a representative.
Patriot Gold Group will assist you in making informed decisions and setting up an IRA or rolling over an IRA-eligible traditional IRA. After you pay your fees and your accounts are established and funded, you can begin executing trade orders with Patriot Gold Group.
Purchase timelines depend on the speed at which IRA custodians transfer funds, as is the case with all precious metals IRA trades. We recommend discussing fund transfer time windows with a few potential IRA custodians before selecting one.
After purchasing the precious metals, orders are shipped to the preferred storage options, per IRS regulations.
Patriot Gold Group Costs
One perk Patriot Gold Group offers is investor-direct pricing. While some dealers add a percentage to the customer’s precious metals purchase as a fee, Patriot does not, giving them competitive pricing. We talked to a customer support representative who explained the costs further.
The Gold IRA fee structure is tier-based. For example, Patriot Gold charges a one-time setup fee of $225 for new precious metals IRAs, but waives this fee for investments exceeding $30,000. It also waives the first one to three years’ storage fees and reimburses the $260 first-year rollover fee. All IRA fees are waived for accounts over $100,000, while accounts over $250,000 can participate in the “No Fee for Life IRA.” This means Patriot Gold will pay shipping fees in and out of a depository or to your home.
Custodians and storage facilities control their own fees, which are separate from Patriot Gold Group’s fees. Be sure to verify the fees for the types of transactions you intend to make through the IRA before setting up an account.
Annual fees are due to the custodian for storage and insurance, and the amount of that fee depends on your account balance or transfer. Patriot Gold will work with any custodian, but they have an established relationship with STRATA Trust, Equity Institutional, Entrust, New Direction IRA, GoldStar Trust, and Kingdom Trust. We have noted some of their fees in the table below. Other custodial costs range from $5 to $250 for services such as taking a distribution from your IRA, document processing, terminating the account, or making a wire transfer.
| Minimum IRA Size | $50,000 minimum investment |
| Set Up Fee | $225 for investments under $30,000, otherwise free |
| Per-Transaction Fees | Depends on custodian; STRATA’s is $40 plus shipping |
| Storage and Insurance Fees (depending on account balance) | Strata Trust – $150, Equity Institutional – $180 |
| Metals Available | Bullion and coins in gold, silver, platinum, and palladium |
| Trading Hours | Monday through Friday, 7:30 a.m. to 5:30 p.m. PST |
Patriot Gold Group Products
While a wide variety of precious metals is available from Patriot Gold Group representatives, not all of what they sell is for IRAs. The Taxpayer Relief Act of 1997 limits metals allowable for self-directed or alternative-asset IRAs to gold, silver, platinum, and palladium, as listed below:
- Silver: To be included in a silver IRA account, silver coins and bars must have a minimum fineness of .999 percent.
- Gold: To be included in an IRA account, gold bullion must have a minimum fineness of .995 percent, with the American Gold Eagle being the only exception.
- Platinum and Palladium: Platinum for inclusion in an IRA must have a minimum fineness of .9995 percent.
Patriot Gold sells precious metals in the form of bullion bars, bullion coins, and coins for IRA customers. As with most precious metals brokers, Patriot Gold Group also deals in gold coins, physical gold, and bullion that are available for buying gold outside of a precious metals IRA. Some of these direct purchases are subject to specific reporting laws, so consumers are advised to understand the regulations attached to each purchase and the precious metals form they are considering.
Patriot Gold Group Complaints
Patriot Gold Group is accredited and holds an A+ rating with the Better Business Bureau, where it has maintained a clean record since its business start in 2016.
Customer reviews across platforms are consistently strong, with Trustpilot showing hundreds of 5-star ratings that highlight the team’s professionalism, clear communication, and patient guidance through the precious metals IRA process.
On ConsumerAffairs, Patriot Gold also receives high marks, with reviewers noting smooth account setup and supportive representatives. Its Google rating averages around 4.8 to 4.9 stars, further underscoring customer satisfaction.
Together, these positive reviews and ratings reflect a company that has earned a solid reputation for customer support, service, and reliability in the precious metals industry.
Patriot Gold Group FAQs
Patriot Gold Group works with any IRS-approved self-directed IRA custodian within the United States. However, they do mention STRATA Trust Company and Equity Institutional, among others, as their choices in self-directed IRA custodian companies.
Patriot Gold Group partners with trusted IRS-approved secure storage providers, including Brinks. If you prefer a specific storage facility, it’s best to check directly with Patriot Gold Group to confirm whether it can be arranged.
IRS regulations do not allow keeping your IRA-related precious metals at home or in a personal safety security box. An approved non-bank trustee or a bank must hold IRA assets within guidelines that restrict access and keep all precious metals segregated by the customer.
These guidelines protect the investor so that the exact metals purchased are returned to that customer when they take a distribution from the account. Just like an IRA holding stocks, bonds, or mutual funds, access to the precious metals is restricted in specific ways to ensure legal deposit and disbursement transactions. Non-IRA precious metals purchases can be kept at home if the customer so desires.
Like all gold investments, the future value of precious metals cannot be determined or guaranteed.
Patriot Gold Group’s disclosures emphasize that precious metals are subject to market risk, and that valuation depends on many factors—economic conditions, supply, demand, currency value, and more. Past performance is not a guarantee of future results. Patriot Gold recommends viewing precious metals as a long-term investment, with a holding period of three to five years to help smooth out volatility.
Conclusion
Patriot Gold Group offers valuable retirement planning assistance to those who are new to precious metals IRAs and to those who already hold this type of account. Self-directed IRAs containing assets like precious metals give consumers an investment option for diversifying retirement savings while receiving the tax benefits of a self-directed IRA.
Patriot Gold Group facilitates the buying and selling of precious metals on behalf of its customers, coordinating transactions with the IRA custodian and the transfer of assets to secure storage.
Patriot Gold Group’s value to the consumer is in time savings and avoiding hassles. With combined decades of experience and an eight-year track record in the precious metals business, they handle all of the paperwork and electronic tracking between the custodian and the vault to save the investor time and to ensure that the precious metals purchased are appropriate for an IRA.