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Best Gold Dealers Detroit, MI
We chose the best gold dealers in Detroit, Michigan, based on selection, cost, and customer reviews.

Updated:

American Hartford Gold Group
4.7
American Hartford Gold specializes in gold and silver IRAs as well as buying and selling gold and silver for physical possession. It uses a quick three-step process for acquiring precious metals for physical delivery, a gold IRA, or a precious metals IRA. Its same-day IRA is the fastest in the industry, and customers can access more promotions than other gold companies.
- Great ongoing promotions
- No buyback fees
- Up to $15,000 in FREE silver on qualified accounts

Patriot Gold Group
4.8
Patriot offers a quick setup for new accounts within 24 hours. Their easy three-step process makes starting a gold IRA simple and affordable to manage.
- No-fee-for-life IRA
- Highly rated by customers
- No management fees

Goldco
4.8
Goldco offers many years of experience in both the precious metals market and precious metals IRAs. This experience lets them guide individuals through important decisions when purchasing precious metals.
- Great for customer service
- Recommends $10k minimum for IRA transfers and $5k for cash purchases
- Get up to 10% instant match in silver with a qualified account (no cap on purchase amount)

Lear Capital
4.9
Lear Capital offers low annual management costs and good customer service. It is a great choice for anyone looking to invest in a precious metals IRA.
- Great service
- Fees waived depending on investment amount
- Personalized customer service and education

Orion Metal Exchange
4.9
Orion Metals Exchange deals in precious metals. They offer clear pricing on IRS-approved metals. Plus, you might be able to waive setup and maintenance fees. It offers a variety of services, including an easy-to-set-up IRA account.
- Transparent pricing of IRS-approved precious metals
- Potential for waived fees
- Commission-free buyback policy

Sanctuary Metals
4.9
Sanctuary Metals helps retirement investors protect and grow their savings. They offer personalized investment options in gold, silver, platinum, and other precious metals.
- Great customer support
- Transparent pricing
- Reliable and excellent reputation
Michigan Cash for Gold
An Eight Mile Road-based dealer who buys gold seven days a week. Founded in 2010, this company also sells and purchases jewelry as well as precious metals in scrap.
Gold Cove Diamonds & Coins
The only drive-through dealer in Michigan. Buys and sells bullion, coins, flatware, watches, diamonds and jewelry. Coin and bullion expert on staff. Family-owned and operated. Educates customers on gold buying process.
Birmingham Coin & Jewelry Inc.
Member of PCGS and Numismatic Guaranty Corporation. Offers appraisals and cash payout the same day. Accepts cash and check. Buy and sell coins, bullion and jewelry. Also deals in stamps, watches and other collectibles.
Gold and other precious metals 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.
Gold Dealer Costs and Fees in Detroit, MI
Precious metals dealers sell gold at a premium—that’s a mark-up above the current market price. The premium is typically about 2-5% or higher than the current price. Customers can expect to pay anywhere from $90 to $130 per ounce above spot price.
When investing in gold, we recommend you speak with at least three dealers before making your purchase, to ensure you are getting the best product for the best price.
Detroit Gold Dealers Reviews
Michigan Cash for Gold
Reviewers said Michigan Cash for Gold offers the highest prices in the area for scrap gold and good deals on purchases. Customers mentioned that the owner was fair and trustworthy, and several said they have visited the store repeatedly. In fact, Michigan Cash for Gold shoppers expressed significant loyalty to the company, many stating it is the only place where they will buy or sell precious metals. One customer mentioned that they searched the entire Dearborn/Detroit area and couldn’t find better pricing. Several customers commented that they enjoyed visiting this shop because it has a cleaner and more pleasant atmosphere than many other gold dealers.

| Address | 1818, 15511 Eight Mile Rd, Detroit, MI 48235 |
| Phone Number | (313) 345-5555 |
Gold Cove Diamonds & Coins
The Gold Cove Diamonds & Coins sells and buys precious metals. The store’s drive-through allows customers to handle business from their cars. Visit the shop to see a comprehensive inventory of coins, bullion and jewelry. The company makes it a priority to educate customers about buying and selling gold and other precious metals. Customers appreciated the honest and polite staff, and one reviewer mentioned the prices were a fraction of jewelry stores. Another customer said the drive-through shop is a great local alternative to online shopping.

| Address | 25555 Gratiot Ave, Roseville, MI 48066 |
| Phone Number | (586) 359-6062 |
Birmingham Coin & Jewelry Inc
Birmingham Coin & Jewelry Inc. has been in business for over 30 years. The company buys and sells gold, silver, jewelry, coins and bullion. For those interested in investing in coins and bullion, Birmingham Coin & Jewelry has access to a ready supply. Spot price is locked in at the time of purchase. The business belongs to PCGS, NGC and the International Watch and Jewelry Guild. Reviewers liked the knowledgeable owner and unique items for sale. Customers found prices to be reasonable with a welcoming atmosphere and secure transactions.

| Address | 33802 Woodward Ave, Birmingham, MI 48009 |
| Phone Number | (248) 642-1234 |