After conducting thorough research, we have concluded that Vaulted Gold is a trustworthy investment option. However, we will also investigate other companies with better reviews and more reasonable fees in our in-depth review.
To see a list of the best companies in 2023 click the link below:
<< Click Here To Discover The Best Gold IRA Companies of 2023 >>
If you’re in a rush, here are our top 3 picks with some information about them:
#1 BEST OVERALL: Goldco
#2 BEST FOR HIGH NET WORTH INDIVIDUALS: Augusta Precious Metals
August Precious Metals Detailed Review
#3 BEST FOR INVESTMENTS UNDER $5000: Birch Gold Group
Birch Gold Group Detailed Review
Vaulted Gold is shaking up the investment scene by giving individuals an unprecedented opportunity to purchase and store physical gold. The gold provided through Vaulted Gold is sourced only from the Royal Canadian Mint, and each purchase comes with a detailed, secure report created by leading independent third-party assayers.
Those buying gold on Vaulted Gold can safely store physical gold or sell it for same-day delivery against spot price – all without leaving their homes.
Along with its convenient features, Vaulted Gold also allows users to diversify their portfolios of precious metals with allocations in silver, platinum, and palladium, along with gold bars and coins. These options give investors greater control over their financial investments, allowing them to build wealth according to their own risk profile.
In this article, we will provide a detailed review of Vaulted Gold, including its features, pros, and cons, and whether it is a legitimate investment or a scam.
About Vaulted Gold
#1 Readers Choice
Since 1972, McAlvany Financial Group has dedicated itself to helping investors protect their assets from inflation and instability by investing in gold. They have since then guided clients to purchase a whopping $2.5 billion worth of gold and other precious metals.
To remain up to date with the ever-changing industry, they recently launched Vaulted, a mobile app that enables you to invest in physical gold stored safely within vaults at the Royal Canadian Mint.
Vaulted is renowned for being one of the most reliable fintech brands out there and offers an easy platform to invest in or sell gold.
With its comprehensive reviews, more and more people are utilizing Vaulted’s services to build a secure portfolio backed by physical gold.
Vaulted Gold is a venture of McAlvany Financial Group and offers an unparalleled precious metals service.
With the combined wisdom and experience of over 20 years in the industry, clients can trust that Vaulted Gold will provide quality advice and counsel when considering investment in other precious metals, such as silver, platinum, and palladium, and buying physical gold.
Vaulted Gold is also widely acknowledged for its expertise in gold ETFs. Going beyond just selling gold, the McAlvany team has guided investors through purchasing more than $2.5 billion in other precious metals with their collective wisdom.
With David McAlvany at the helm as CEO, customers can feel confident entering every transaction knowing that he brings the same skill and judicious mindset which was established by his father, Don McAlvany who founded McAlvany Financial Group.
How Does the Vaulted App Work?
Vaulted provides an easy way to purchase and store gold without paying costly storage fees. The company partners with the Royal Canadian Mint (RCM), a reliable ISO-9001:2000-certified refinery renowned for its quality.
When investing in gold via the Vaulted app, you can rest assured that your kilo bars are 99.99% pure and free from conflict. Additionally, your precious metal is always stored in RCM vaults and insured against loss, damage, or theft so you can remain confident in the security of your investment.
Should you ever choose to have it delivered to you directly, this can be arranged with a week’s notice all at no extra cost. With Vaulted, investing in gold is now safer, easier, and more accessible than ever before.
Vaulted is an incredibly intuitive way to buy and sell gold bars and store physical gold bullion securely.
- Download the Vaulted app on your smartphone, either on iOS or Android.
- After downloading, create your vaulted account and provide the personal information needed – your name, email address, and phone number – followed by setting up a password and two-factor authentication for added security.
- When that’s done, add the funds from either your bank account or credit card.
- Purchase the amount of real gold bullion using both real-time pricing data and market insights direct from the app. Moreover, there are no storage charges when you purchase through Vaulted which also ensures secure delivery direct to any home or office address around the world.
- Once purchased, monitor its performance with automated price alerts and portfolio management tools available, so investors can stay in control of their investments.
How to Sell Gold at Vaulted Account
Selling gold with a Vaulted account is an easy, no-fuss process that takes place during New York Stock Exchange hours.
- All you have to do is log into your account, click the “Sell Gold” button, and enter the dollar amount you wish to sell.
- Confirming this amount will initiate the sale of your gold at around 1.8% below market wholesale value. There is no waiting period for a trade to be completed; you can easily get money for your precious metal possessions same day, if desired.
With such simplified steps and quick turnaround time, selling your gold through a Vaulted account makes for an ideal acquisition experience.
Vault Gold Plan
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Vaulted has made gold investing easier and more convenient with the introduction of VaultPlan, their gold savings plan. This feature allows users to set up automatic gold deposits every two weeks or monthly, and the investment amount and frequency can be adjusted at any time.
VaultPlan is useful for gold funds investors who aim for a dollar-cost average, as it removes the need to manually track exchange rate changes and purchase gold regularly.
It also ensures that gold investors remain disciplined and consistent in their gold investments. The handy platform helps users maximize returns on gold investments without all the hassle of manual research and tracking, making it a wise addition for anyone serious about gold investing.
Vaulted Physical Gold or Other Precious Metals Storage
The Royal Canadian Mint is known for its exceptional security measures when it comes to storing gold on behalf of Vaulted customers.
With Canada’s AAA-rated federal government ownership and centuries-old track record of respecting property rights, the RCM is a safe and secure partner.
Every gold bar is stored in state-of-the-art vaults owned and operated by the Mint. All transactions are checked on a quarterly basis with an audit from the Office of the Auditor General.
For added safety, the gold holdings are insured by Lloyds of London. All these measures have made the Mint a trusted source for governments, major spdr gold trust ETF, and institutions that entrust them with billions of dollars worth of gold investments.
Vaulted Gold Fees
Vaulted APP is committed to providing not just exceptional privacy for its customers but also complete transparency regarding fee spreads and security policies. This respect for customers extends throughout all aspects of the business from customer service to gold sourcing and storage in the Royal Canadian Mint.
When you purchase precious metals through Vaulted, you always know exactly how much you are paying with no additional hidden fees or surprises.
Vaulted charges an upfront fee of 1.8% which applies when you buy or sell gold, and an annual maintenance fee of 0.40% to cover their costs in storing gold at the Royal Canadian Mint plus operational costs. Customers can trust that all fees are made clear before any transaction takes place.
The Royal Canadian Mint charges a base fee of $50 for delivery plus $2 per bar, so acquiring multiple bars is cost-effective. As with most precious metal investments, the cost of shipping and insurance must also be taken into account.
Vaulted, who handles these shipments, typically charges around $225, but this can vary depending on your location and carrier.
Vaulted has insured all gold in transit to help ensure you get your delivery safely. Unfortunately, they only service addresses within the United States and Canada.
If you own half or a quarter of a full bar, then Vaulted will transfer your smaller coins or bars, such as the one-tenth ounce Gold American Eagle or 10-ounce gold bullion panel, rather than gold bullion bars in kilogram increments, which currently have an asking price of over $55,000 a piece given current market trends.
Pros and Cons of Vaulted Gold
- Automatic gold deposits every two weeks or monthly
- Maximum returns on investments without manual research and tracking
- Exceptional security measures with AAA-rated federal government ownership
- Complete transparency regarding fee spreads and security policies
- Low upfront fees of 1.8% when buying/selling gold, plus a 0.40% annual maintenance fee
- Insured gold in transit to help ensure safe delivery
- Only services addresses within the United States and Canada
- Cost of shipping and insurance must be taken into account
- Smaller coins or bars may be transferred instead of full bullion bars
- Potential for higher fees when buying/selling gold compared to traditional marketplaces
- Limited selection of coins and bars available for purchase
Customer Reviews About Vaulted Gold
Vaulted’s customer ratings are generally positive, but there have been some complaints. Major criticism centers around their fee structure: reviewers don’t like the maintenance fee and that they don’t offer any tax-free or registered investment plans.
Despite this critique, many still recognize the affordability and usability of their service when it comes to purchasing gold. On independent review sites, Vaulted review is praised for its low fees and easy web app.