Gold Avenue Review (August 2022 Update!)

August 23, 2022

Gold Avenue Review

Welcome to my Gold Avenue Review.

(UPDATED AUGUST 2022)

Have you ever wondered if this non-IRA gold company is worth trusting your cash account investments with? Well, in this Gold Avenue Review, you are about to get the answers!

Let's get to know Gold Avenue and everything else about it. Without any further ado, let's get started.

Gold Avenue Review Quick Summary

Name: Gold Avenue

Website: https://www.goldavenue.com/

Price: Varies depending on your investments

Rating: 3/5

Gold Avenue Review logo

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What is Gold Avenue?

Gold Avenue is the MKS PAMP GROUP’s online retailer. MKS PAMP GROUP is a well-known name in the industry of precious metals. Gold Avenue is mostly known for providing precious metals related solutions.

The company has a team with 20 members who are all experts. They are responsible for making the solutions as transparent as possible to earn the clients’ trust for their company.

They have spent more than 60 years trying to develop and innovate various approaches to improve their services. 

According to the owners of Gold Avenue, they started the company so they could reach out to their clients and win them by serving them precious metals that are from a direct source.

This type of gold company provides fewer services than some (such as the company we chose as our top choice), but when there is less gap between the source of precious metals and end-users, there is a possibility that the delivery of products and the services would cost less.

Gold Avenue Products and Services

Gold Avenue has a wide array of precious metals options in different categories such as:

Storage Services

Gold Avenue gives free storage for any precious metals purchase you make on their website, it’s up to 10 kgs and no charged commission.

The company’s storage vaults can be found at PAPM Refinery, Switzerland.

For customers who do not want or need their precious metals stored within the U.S., this could be an option. (Those who have gold IRAs must store their metals at a secure depository that meets regulations within the United States.

Be sure to work with a reputable company such as Augusta Precious Metals, who are specialists in gold IRA transactions.)

All their clients’ precious metals that are stored with them are most of the time physically moved in segregated vaults.

You can redeem your precious metals from the company at any time, when you feel like it, with just one click.

Or you may also have it delivered to you, the company will give you a serial number for the ingots.

Somewhere in your account, you can download a storage certificate. This will serve as proof of ownership of the products you’ve stored in their vaults.

To guarantee your products’ safety, the company does an inspection of the vaults every day.

If you store precious metals that are beyond 10 kgs, a 0.3% commission on the products will incur yearly. It is usually billed quarterly, the minimum amount is 50 CHF.

IRA Services

At present, Gold Avenue hasn’t announced any IRA services offered.

How does it work?

If you are interested in precious metals, here are the ways Gold Avenue can help you:

  • Buying precious metals - signing up for Gold Avenue is easy and just takes about 5 minutes. After signing up, you can start buying precious metals right away.
  • Precious metal storage - after buying precious metals from Gold Avenue, you have the option to either store them at their storage facility, or you can also have the products shipped to your home. (Note that gold IRAs cannot be stored at home.)
  • Manage the products - you are allowed to access and manage the products you bought through your account
  • Resell - you can resell the products you stored at Gold Avenue directly from your account without being charged any commissions.

Gold Avenue Ratings and Reviews (Updated August 2022)

Currently, Gold Avenue only has ratings and reviews listed in its Facebook Profile and Trustpilot.

It does not exist in any other rating websites such as BBB, BCA or TrustLink.

Gold Avenue Pros and Cons

Pros

  • Good products
  • Free storage for products 10kgs and above
  • No commissions on product sales that are in storage vaults
  • Offers Certificate of Ownership

Cons

  • No IRA services
  • Lacks ratings and reviews

Is Gold Avenue a scam?

For this Gold Avenue Review's conclusion, let's answer this question.

Every information and detail you will find on the internet about Gold Avenue tells you that it is indeed a genuine company.

If you go to Trustpilot, you will see a lot of reviews that say the company is trustworthy.

It has a rating of 4.7 out of 5 stars on Trustpilot based on 1,260 reviews at the time of this writing (August 2022). This proves its genuineness. The customers who gave reviews usually have applauded the company for their online platform.

Gold Avenue Trustpilot Rating August 2022

They say it is easy to navigate and use, from the registration process to the purchasing. The company’s customer service was also superb according to the reviews.

However, it does not offer any IRA services. If you wish to avail the best ones, check out my top recommendation below – a company that not only provides a streamlined process but also offers excellent educational resources, including a unique one-on-one web conference designed by the company’s on-staff, Harvard-trained economist..

Thank you so much for reading my Gold Avenue Review. If you have any comments or questions, feel free to leave them in the comments section below.

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 Questions? Call 855-444-7022


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