Patriot Gold Group Review 2025: Pros, Cons, & Alternatives

You can open a “no fees for life” precious metals IRA with at least $250,000 in investments and invest in gold and silver with guidance from highly rated customer representatives.

When opening an account, clients must specify their investment amount to determine eligibility for fee waivers and to receive a personalized quote.

My Patriot Gold Group review covers the investment options and perks when investing at least $50,000.

Patriot Gold Group Review: My Verdict

I’ve given them a rating of 8.1 out of 10.

Criteria	Rating (out of 10)
Product & Service Offerings	9
Fees & Minimums	6
Guarantees	8
Customer Experience	9
Storage & Security	9
Account Setup & Maintenance	9.5
Reputation & Reviews	9.5
Overall Rating	8.1

In this review of Patriot Gold Group, I’ve followed CEP’s detailed criteria for evaluating the precious metals IRA company.

About Patriot Gold Group

Patriot Gold Group was founded in 2016 by CEO and co-owner Jack Hanney.

The company sets itself apart by offering direct access to its leadership team. Instead of feeling like “just another customer,” clients get personalized service and competitive pricing.

Many reviews highlight how attentive and supportive their representatives are compared to larger competitors.

The staff has nearly 20 years of combined experience in the precious metals industry. You can even read detailed biographies of the senior partners, which helps build trust and transparency.

This fee-free IRA helps make Patriot Gold one of the most affordable and best gold IRA companies.

Product & Service Offerings

Patriot Gold Group specializes in gold and silver IRAs and other precious metal IRAs, and also supports direct purchases of precious metal investments for clients seeking to diversify outside of retirement accounts.

Your senior partner can help you build a diversified portfolio.

No Fees for Life IRA

Patriot Gold Group offers a “no fees for life” precious metals IRA for accounts valued at $250,000 or more.

• No annual fees if your account balance is $250,000 or more.
• Save over $200 per year in account and storage fees for the life of your IRA.
• If you invest at least $100,000, you can waive first-year fees while working toward the $250,000 balance threshold.
• Accounts are usually set up within 24 hours with help from an IRA specialist.

Preferred custodians include Equity Trust Company and STRATA Trust, though you can choose from other IRS-approved custodians.

This program makes Patriot Gold Group especially attractive for investors with larger portfolios.

Buying Gold & Silver Bullion

There are many IRA-eligible gold and silver investment options with 99.99% (.999) purity.

Specifically, bullion coins and rare coins from the United States Mint and international mints are available with free shipping and insurance.

Popular options include:

• American Eagle coins
• Canadian Maple Leaf coins
• Gold and silver proof coins
• Royal Canadian Mint coins
• Perth Mint coins

Patriot primarily offers gold and silver, but platinum and palladium can be requested by phone.

Cash Purchases (Non-IRA)

The minimum investment for non-IRA purchases is only $10,000.

Clients can choose their preferred storage location for their assets, whether at home or in a secure depository, ensuring flexibility and security for their physical holdings.

This option provides the convenience of home gold storage and the ability to buy rounds and bars with purity levels ineligible for precious metals IRAs.

Fees & Minimums

The minimum initial investment is $50,000 for IRAs and $10,000 for cash purchases.

The Patriot Gold Group cost includes setup fees, storage fees, and maintenance fees, which are competitive with industry standards.

Accounts must be funded before fees are assessed and investment activities can begin.

Setup fee for IRA	$225
Wire transfer fee	$30
Custodian admin fee	$80 per year
Storage fees	STRATA Trust $150, Equity Trust $180

These expenses are competitive with other dealers and are even more enticing when you qualify for fee waivers.

Promotions

Established investors can waive select IRA fees with qualifying balances:

• IRA setup fee waiver: Over $30,000
• All first-year fees waived: Over $100,000
• No fees for life: Over $250,000

These fee waivers are especially advantageous for long-term investors who want to minimize ongoing costs and maximize the benefits of holding precious metals over time.

I like the ability to waive the administrative and storage fees for the life of your IRA.

These fees deter some investors from opening a gold or silver IRA sooner.

Guarantees

Patriot Gold Group does not promote a formal buyback or “best price” guarantee.

Instead, they focus on keeping prices competitive by letting you work directly with an owner. This approach helps avoid hidden markups and gives you more confidence in the price you’re paying.

When it comes time to sell your metals, an account representative will walk you through the process. They’ll help coordinate the sale and make sure your payout—whether in cash or a direct bank transfer—happens smoothly.

One unique feature is that Patriot removes executive bonuses and shareholder incentives. This means sales reps don’t earn extra commissions by pushing higher-priced products, reducing conflicts of interest.

While clearer written policies would make comparisons between gold IRA companies easier, many customers highlight the company’s hands-on support.

Reviews frequently mention that Patriot’s team helps clients avoid unnecessary or overpriced products, guiding them toward choices that fit their best interests.

Customer Experience

Live chat and phone support are available Monday through Thursday from 7 a.m. to 5 p.m. Pacific and Friday from 7 a.m. to 3 p.m. Pacific.

Email support is also available 24/7.

The website highlights the critical steps to opening an account and making your first transaction. However, its knowledge center for non-customers is limited and there are no FAQs.

As a result, you will need to contact a representative free of charge to gather information.

Each client is assigned a dedicated account representative who assists with account setup, order placement, and ongoing support.

Patriot Gold Group is known for its high customer satisfaction ratings, reflecting the positive experiences of consumers.

I was pleased with the quick email responses I received to learn more about the company for this Patriot Gold Group review.

My experience is consistent with numerous long-term customers who receive in-depth information from the initial inquiry.

Storage & Security

Patriot Gold Group partners with two depositories:

• Delaware Depository: Secure vaults are in Wilmington, DE and Boulder City, NV. The depository provides up to $1 billion in all-risk insurance through its London underwriters.
• Texas Depository: Located in Shiner, TX, deposits are 100% insured through Lloyd’s of London. 

The Patriot Gold Group store refers to these secure depository facilities, where your precious metals are stored with advanced security measures and climate control to ensure safety and compliance with IRS regulations.

Clients can select their preferred storage location, allowing them to maximize the value and security of their investments by choosing where their coins and bars are transported and held after purchase or rollover.

Both options provide free shipping and segregated storage, making it easier to enjoy a similar experience and security at the destination of your choice for IRA-eligible precious metals.

I like that Patriot Gold Group works with some of the most reputable depositories. They have competitive storage fees that Patriot waives with qualifying IRA balances.

Account Setup & Maintenance

You can follow these steps to open a precious metals IRA within 24 hours:

1. Request a free IRA investor guide: You can receive a complimentary Gold IRA Investor Guide and speak with an assigned representative.
2. Initiate an IRA transfer: An IRA specialist assists with completing the application paperwork. They help with IRA rollovers and 401(k) rollovers from your existing IRA custodian. You can access your online account to track portfolio performance, manage your investments, and view real-time updates on your precious metals IRA.
3. Purchase precious metals: You can purchase IRA-qualifying Patriot gold and silver by phone. While your agent can’t provide personalized advice, you can request free information about specific products.

When completing the application, you must provide your social security number and bank account details to facilitate the transfer of funds.

Patriot Gold Group ships the purchased metals to your depository of choice. You will continue receiving market insights and work with your dedicated representative.

Reviews & Reputation

Patriot Gold Group reviews are among the highest for gold IRAs across the various customer rating platforms.

It rates 5.0 out of 5 on Business Consumer Alliance, Consumer Affairs and Trustpilot. Most reviews praise the professionalism and knowledge of the representatives. 

When evaluating companies in the precious metals industry, conducting thorough research is essential for investors who want to protect their wealth and ensure they are choosing a reputable provider.

As one review from Gene N. puts it, “We live in an era when customer service has become the exception and not the rule! Our recent experience with Patriot Metals has upset that status quo.” 

Patriot Gold Group continually ranks as a “#1 gold IRA dealer in the United States” from Consumer Affairs and Money.

My one hesitation is that its Better Business Bureau is relatively new and has minimal customer reviews.

Specifically, it has only been BBB accredited since 2022, despite operating since 2016. 

Patriot Gold Group Alternatives & Competitors

You can compare Patriot Gold Group to these alternatives with lower investment minimums and flexible buyback policies.

Some competitors offer both traditional IRA and precious metal IRA options, allowing investors to diversify their retirement savings and benefit from tax advantages.

Investing in precious metals, unlike stocks, provides the security of physical assets but may involve additional storage and insurance costs.

Goldco

Goldco has a $0 minimum investment to open an IRA. You may prefer this company as its buyback program guarantees the highest prices.

Request Goldco’s free gold & silver kit

Noble Gold Investments

Noble Gold Investments offers precious metals IRAs with a $20,000 minimum investment, and cash transactions only have a $2,000 minimum.

Its no-qualms buyback program makes it easy to sell your metals back at a competitive price. Annual IRA fees are $225.

Request Noble’s free gold guide

Birch Gold Group

Birch Gold Group provides a budget-friendly $10,000 minimum investment for its precious metals IRA.

Similar to Patriot Gold Group, it doesn’t have a buyback guarantee but requests first right of refusal. The annual IRA fees are between $175 and $225.

Request Birch’s free gold info kit

Is Patriot Gold Group a legit company?

Patriot Gold Group is among the best gold IRA companies for its professional customer service experience and competitive pricing.

The Patriot Gold Group offer includes IRA setup, secure storage options, and a buyback program, making it attractive for investors seeking comprehensive services.

The company’s website provides up-to-date pricing and information to help investors make informed decisions.

Its “no fees for life” precious metals IRA is also appealing if you anticipate investing at least $250,000 in a gold-backed retirement account.

FAQs