United Gold Direct Review (Scam?) (Updated Nov 2022)

November 18, 2022

United Gold Direct Review

Welcome to my United Gold Direct Review. (UPDATED NOV 2022)

If you are thinking of purchasing precious metals from this company, but you are still unsure of it, then you are in the right place.

This United Gold Direct Review contains all the vital information you need to help you with your decision.

Let's get started.

United Gold Direct Review Quick Summary

Name: United Gold Direct

Website: http://www.unitedgolddirect.com/

Price: Varies depending on your investments

Rating: 3/5

United Gold Direct Review logo

What is United Gold Direct?

United Gold Direct is a leading precious metals dealer in all 50 states of America.

This company’s corporate office is based in Westlake Village, California - a place where gold has been loved for decades.

What I found out about it

According to the review I found when I did my research, the first step to do is to invest in precious metals and the timing is crucial.

If you’re wondering when the best time is, now is the answer. The process would last for a week, sometimes it would last for three weeks, it varies depending on the IRA custodian assigned.

Paperworks are completed in United Gold Direct’s office but clients can check everything else online; if they have other concerns such as quarterly reports, they can call the company as well

United Gold Direct has been in business since 1996, there have been no complaints ever since its first year and for that reason, they are popular and well-respected.

Looking for a Gold Firm with loads of great reviews? Click Here!

However, the records from the California Secretary of State states that the company was founded in 2009.

United Gold Direct is not like the other companies that use sleek advertising and strategies to pressure people into investing with them, instead, they advised people to always be updated on the news, specifically with the US’ economy.

The company does honest work, all transactions made between them and their clients are transparent. Commissions aren’t a thing in the company also as all their employees are salary-based.

If you ever think of investing in precious metals, be wary of scammers. The precious metals industry is swarming with them and you could be one of their victims if you don’t know what you’re doing.

United Gold Direct is one of the three approved precious metals wholesalers in all the states, their price rates are relatively lower because of low overhead.

The company does not advertise to maintain low costs, they get clients from referrals. But when you search their company on Google, advertisements will come up, that’s one thing that should be clarified in the future.

United Gold Direct Fees

Annual Storage Fees

$100 – $250 (Scaled Rate)

Initial Setup Fees

$75 or more

Minimum Purchase Amount

$5,000

Annual Admin Fees

$95

Preferred Depository

Delaware Depository

United Gold Direct Ratings and Reviews (Updated Nov 2022)

Below are some ratings and reviews of United Gold Direct as of Nov 2022:

  • BBB - A rating, 1/5 rating based on 1 review (yikes!), and they are still not BBB accredited:

And get a load of what the BBB is reporting... it sounds like the company did something really dodgy, see below:

Sounds likes they "used client funds to pay for operating expenses and other expenses"... would you want to work with someone who did something like that? This guy wouldn't...

If you'd like to read a review about an alternative gold company that has loads of positive reviews, click here!

  • Trustlink - 5/5 rating based on 21 reviews and complaints
  • Ripoff Report - 4 reports

Conclusion

Let me conclude this United Gold Direct Review.

Ever since United Gold Direct has been founded, they’ve done a great job in their field, they’ve excelled, and have overcome milestones in their company.

They satisfy their customers with their precision and the zero record of complaints says a lot about that information.

However, there are some shortcomings from the company that can damage their credibility and people’s trust, one is their agent’s dishonest claims.

Another issue here is their storage fees. Despite being a wholesaler, their storage fees are strangely higher than expected.

Also, the company has some allegations of being a scam. You can check out its ratings and reviews.

If you really want to be sure that you are working with a reliable company, check out the TOP recommendation by clicking here!

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

Related Articles

March 10, 2024

Is US Gold Bureau A Scam? (Safe Or Risky?) (Updated 2024)

March 7, 2024

Goldco Review: Your Golden Ticket to a Secure Retirement?

March 7, 2024

Northern Nevada Coin Review 2024: Danger of Scam?

March 7, 2024

Money Metals Exchange Review 2024: Are they Legitimate?

March 6, 2024

Is Silver Token Legit? (Investing By Blockchain?) (2024)

March 5, 2024

Altier Rare Coins Review (2024): Background Exposed!

Anis is a digital marketing expert that enjoys writing blogs and helping people avoid scams online; he is passionate about investing in real estate and gold; in his free time, Anis loves playing football, going to the gym, and hanging out with friends.


By the way, if you are tired of scams and want to invest with a legit gold company, check out my 6 top legit gold IRA companies of 2024!

Anis

Leave a Reply

Your email address will not be published.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}