What is the Oxford Gold Group?
Oxford Gold Group is a reputable precious metals dealer located in Beverly Hills, California. We have extensive experience in assisting both individuals and institutions in acquiring gold, silver, platinum, and palladium coins and bars for investment purposes.
The company was established in 2017 by partners who have accumulated more than two decades of experience in the precious metals industry. They were dissatisfied with the exorbitant brokerage commissions imposed by other companies.
Oxford Gold Group is dedicated to providing competitive pricing, outstanding customer service, and educational resources to assist clients in making well-informed investment choices.
Alongside its range of precious metals products, the company also provides services for precious metals IRAs, storage, and shipping.
People Behind Oxford Gold Group:
The company is led by Mr. Pedram Granfar as CEO, Mr. Patrick Granfar as President, and Mr. Johnathan Adler as CFO. These individuals also act as customer contacts for the company.
Oxford Gold Group specializes in offering individual investors the chance to invest in tangible assets, including gold, silver, platinum, and palladium coins and bars. In addition, the company provides services such as precious metals IRAs, storage, and shipping.
How to Open a Gold IRA with Oxford Gold Group:
When considering an Oxford Gold Group IRA, it’s important to understand the necessary steps involved:
- First, you’ll need to contact the company. However, the lack of an online signup process can be quite inconvenient for certain investors. Once you’ve contacted them, the experts at Oxford Gold Group will reach out to you and help with completing the necessary paperwork.
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- Afterward, you’d need to fund your new IRA account. The company will rollover or transfer your funds from your existing IRA to your new precious metals IRA. They will take care of the entire process.
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- After the rollover is finished, you have the freedom to select the specific precious metals to include in your gold IRA account. Oxford Gold Group provides a wide range of gold and silver products, many of which are eligible for IRA investments.
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- Once you’ve selected the precious metals you want to include in your IRA, the company will securely store them at the depository vaults of your chosen partners.
Oxford Gold Group Products:
Oxford Gold Group provides a variety of precious metals products for investors, such as gold, silver, platinum, and palladium coins and bars. They offer a variety of products:
Gold Products:
1 oz Gold Bar: These bars contain one ounce of pure gold and are produced by well-known refiners like PAMP Suisse and Credit Suisse. They are a favored option among investors seeking to include pure gold in their portfolios in a convenient and easily exchangeable format.
10 oz Gold Bar: Just like the 1 oz gold bar, but bigger and heavier. These bars are produced by well-known refiners and are often preferred by investors who want to make larger gold purchases.
You’ll also find The American Gold Eagle Proof 1 oz here which is a unique variation of the American Gold Eagle, crafted with meticulous attention to detail and a stunning mirror-like finish. These are more suited for collectors rather than investors. Nevertheless, you still have the option to purchase and sell them based on their gold content.
Silver Products:
PAMP Suisse Silver Bar 1 kg, 100 oz: These bars boast an impressive purity level of 99.9% and are crafted by none other than PAMP Suisse, a highly esteemed mint renowned worldwide.
Silver Round 1 oz: Silver rounds have a round shape and are produced by different refiners. They are available in one-ounce sizes, just like silver bars.
America The Beautiful Silver Coin 5 oz: These exquisite coins are meticulously crafted by the renowned United States Mint, showcasing breathtaking designs that capture the essence of various national parks and other iconic landmarks across the United States. They are highly sought after by collectors because of their distinct designs and larger dimensions.
Oxford Gold Group provides silver bars in sizes of one, ten, and one-hundred ounces.
You’ll also find Canadian Silver Maple Leafs here. These coins are produced by the Royal Canadian Mint and contain one ounce of silver. The coins showcase a portrait of Queen Elizabeth II on the front and a maple leaf on the back. They are highly favored by Canadian investors and have gained a reputation for their exceptional purity and quality.
Platinum Products:
You’ll find the American Platinum Eagle Proof 1 oz coins here that are made by the US Mint and contain one ounce of 99.95% pure platinum. The design of these features draws inspiration from the Statue of Liberty.
Similarly, you’ll find the Platinum Austrian Philharmonic 1 oz. These coins are made with one ounce of 99.95% pure platinum and are crafted by the Austrian Mint. The design showcases the grand pipe organ of the golden hall at the Wiener Musikverein.
Oxford Gold Group Fees:
Oxford Gold Group offers a straightforward annual maintenance fee structure for its precious metal IRAs. The fee ranges from $175 to $275, depending on the investment amount. This structure is made possible through the company’s strategic partnerships with IRA custodians STRATA and Equity Institutional, which contribute to the standardization of services and costs.
Clients who have larger accounts can qualify for rebates, which will lower their maintenance fees. These rebates can be utilized for several years. Under the rebate program, the average IRA client of Oxford Gold Group enjoys the benefit of paying no maintenance or storage fees for the first three years.
The storage fees for precious metals IRAs can differ based on the vault depositories utilized by Oxford Gold Group. Typically, these fees can vary from $175 to $225 per year. However, the company might provide rebates for a duration of one to five years, depending on the investment amount. There are no additional charges for shipping when it comes to storing precious metals.
Oxford Gold Group does have a commission for buying or selling precious metals, but they do not charge any brokerage fees. Minimum purchase amounts are necessary, with $7,500 for IRAs and $1,500 for non-IRA purchases. When it’s time to sell your investments, Oxford Gold Group provides a buy-back program and a liquidation program with no fees.
Oxford Gold Group Reviews and Ratings on Other Platforms:
Google Reviews:
Oxford Gold Group has received an impressive rating of 4.8 stars out of 5 on Google, as per customer reviews. There are a grand total of 177 customer reviews on Google, and the majority of them are filled with praise. Customers have been impressed by the company’s top-notch customer service, professionalism, and extensive knowledge.
Business Consumer Alliance (BCA):
Oxford Gold Group has received top ratings on BCA, with a perfect 5 out of 5 stars based on 36 customer reviews. All of them have a positive outlook. In addition, their website displays an AA rating.
Better Business Bureau (BBB):
Oxford Gold Group has received an A+ rating on the Better Business Bureau website. They have an impressive rating of 4.93 stars out of 5 based on 88 customer reviews. In addition, the majority of them have a positive outlook. In addition, they have accumulated 5 years of experience in the industry.
It’s worth mentioning that they have resolved 16 BBB complaints in the past 3 years. In addition, they also hold a BBB accreditation.
Consumer Affairs:
Consumer Affairs has a total of 56 reviews for Oxford Gold Group, with an impressive aggregate rating of 4.8. Additionally, most of the reviews are positive.
Trustpilot:
Oxford Gold Group has received an impressive rating of 4.9 stars out of 5 on the Trustpilot website, based on feedback from 179 satisfied customers. Customers greatly value the company’s outstanding customer service, professionalism, and expertise.
Oxford Gold Group Review: Conclusion
Oxford Gold Group is a highly experienced and reputed bullion dealer. They offer a large selection of gold, silver, platinum and palladium products to investors.
They might be a decent option for some investors.
