Is United Gold Group a Scam? (Updated September 2022)

September 12, 2022

Is United Gold Group a Scam

Welcome to my "Is United Gold Group A Scam?" review! As you all know, when it comes to investments, we need assurance that our money and assets will not be put to waste.

This post has been updated for September 2022. 

There are several options for us to choose out there where we can get a hold of precious metals for our investments.

Unfortunately, not all of them are legit. Some are scammers and will just run away with your investments, leaving you nothing!

One way to avoid that is to check reviews. In this review, we will be analyzing United Gold Group. What is it? What are its products? Is United Gold Group a scam?

We are about to find out! Let's get started!

United Gold Group Review Quick Summary

Name: United Gold Group


President: Mr. Randy Kohl

Price: Varies depending on your investments

Rating:  3/5

Is United Gold Group a Scam


What is United Gold Group?

United Gold Group is a precious metals company based in Los Angeles, California.

According to its about page, it is a company that provides a broad range of solutions and services to ensure that people can achieve the diversification of their investments properly.

While I was making my research about the company, I found its website, which you can visit here. I noticed that the URL indicates United Asset Group, instead of United Gold Group. Chances are they may be going through a rebranding.

Regarding its, owner or founder, there are no information about them. However, I checked the company's BBB profile and a Mr. Randy Kohl is listed as its president.

United Gold Group is a member of the National Coin & Bullion Association (ICTA), the industry watchdog that monitors precious metals companies.

United Gold Group Products and Services

United Gold Group offers precious metals in gold, silver, platinum and palladium. Moreover, they have IRA eligible precious metals that clients can use in their IRA accounts.

The company follows a spot gold price, which is the price at which the gold may be bought and sold at the moment. However, you should take note that precious metal prices are constantly changing.

Apart from selling precious metals, United Gold Group has a buy-back policy, in which the company will buy back your precious metals at competitive prices.

Below are the other services that United Gold Group offers according to their website:

  • Self-Directed IRA Administration Services
  • Assistance with Required Minimum Distributions
  • Precious Metals Vault Services
  • Account Roll-overs & Transfers
  • Beneficiary & Remainderman Designation
  • Sale and Transfer of Precious Metals
  • Retirement Trusts

To the new investors out there, it is very important that you are knowledgeable about the market. There are various companies out there that does not only offer products, but also education services.

One of the best companies that does that, is Augusta Precious Metals!

How does it work?

The process that the company revealed in its website is quite straightforward.

If you wish to avail their products and services, you simply need to contact them. The website has a form that you can fill up with your details.

Customer support will get back to you and assist you.

United Gold Group Contact Details

Below are the contact details of United Gold Group.

United Gold Group Ratings and Reviews (September 2022 Update!)

At the time of this update (September 2022), United Gold Group has still garnered a relatively small amount of reviews online. Usually, if you search up precious metal companies, they would pop up in various review websites.

However, United Gold Group does not. One possible reason is because maybe it is still new to the scene. Nevertheless, United Gold Group has a BBB profile, which is good. Moreover, it is BBB accredited since 2021.

  • BBB - 5/5 rating, A+ rating, based on 2 reviews and 1 customer complaint, BBB accredited since 2021
United Gold Group BBB Rating as of September 2022

United Gold Group Pros and Cons


  • Offers a wide range of products and services
  • ICTA member
  • BBB accredited, with 5/5 rating and A+ rating


  • Does not have much reviews online, even in September of 2022...
  • Still new to the industry

Is United Gold Group a scam?

To include this review, let's answer the question, "Is United Gold Group a scam?"

It is still quite early to judge United Gold Group. However, there are currently no red flags about this company.

Also, it is a member of the ICTA and is BBB accredited, which are authoritative organizations in the precious metals industry. However, United Gold Group is quite new to the industry.

Most of you would opt to invest with companies that are in the industry for a long time because they have already built their reputation. Thus, you will feel assured and safe with your investments.

One of these companies is Augusta Precious Metals, which is very well-known in the industry.

In the end, it is still up to you. Are you willing to give the freshie company a chance? Or do you want to avoid risks and just go with the veteran companies? Your choice.

Thank you so much for reading my "Is United Gold Group a scam?" review! If you have any comments or questions, feel free to leave them below.

You can also check out our top recommended precious metals company by clicking the button below.

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