Is United Gold Group a Scam?

October 27, 2022

Is United Gold Group a Scam

Welcome to this  "Is United Gold Group A Scam?" review!

Is United Gold Group a scam? Well... if you're asking that question, you'd be wise to learn about the Top Gold Dealer of '22 with loads of positive reviews by clicking here first!

That said, if you still ain't convinced, feel free to read on...

As you all know, when it comes to gold and silver, scams abound.

Fake bars. Fake coins. The list goes on. Who can you trust?

In this review, we'll be analyzing United Gold Group. Who are they? How are their products? Is United Gold Group a scam?

Well, grab a cup of coffee and let's dive in!

United Gold Group Review Quick Summary

Name: United Gold Group

President: Mr. Randy Kohl

Price: Varies

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. 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 gold buyer out there, it is paramount 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.

Or if you prefer an alternative with loads of positive reviews, check out Augusta Precious Metals by clicking here

United Gold Group Ratings and Reviews October 2022 Update!)

At the time of this update (October 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 October 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 probably opt to go with companies that are in the industry for a long time because they have already built their reputation. Thus, you should feel safe with your gold buys.

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 another TOP recommended precious metals company that has many positive reviews by clicking here.

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