Find the Best Gold Depository Services in the USA - Gold IRA Explained (2024)

March 14, 2023Last updated : March 14, 2023Alex Long

• Investing in gold bullion means having a gold certificate and having it stored.
• There are several gold bullion products and ways to invest in them.
• Gold bullion is fungible, meaning it can be traded for gold bullion.

Gold has a number of properties that appeal to investors. It is rare, is highly liquid, and has proven to be a store of value. Gold is also fungible, meaning it can be traded for gold bullion. Investing in gold bullion means having a gold certificate and having it stored.
There are a number of ways to invest in gold bullion, including through a gold ETF, a mutual fund, and buying it directly. But the easiest way and safest way to invest in gold bullion is through a gold depository. A gold depository is an institution that holds physical gold bullion and issues gold certificates to investors.

Types of Gold Depository Services

Gold is stored in vaults. The following types of gold depository services exist:
Self-storage services: These services allow you to store precious metals such as gold, silver, platinum, and palladium in your own safe-deposit box.

Bullion depositories: These services provide storage space for precious metals. You may be charged a small fee.

Privately owned vaults: These are private storage facilities that charge a small fee to store gold and other precious metals.

JM Bullion

JM Bullion is a gold investment and bullion dealer located in California. The company was founded in 2009 and has grown steadily since. JM Bullion is in the top 5 of 2020's "best gold depository services in the USA."
BullionVault
BullionVault is a gold depository service headquartered in London and established in 1996. BullionVault offers both gold storage and gold investment services. The company's website claims it is the world's largest physical gold marketplace. BullionVault is in the top 5 of 2020's "best gold depository services in the USA."
Universal Gold Depository
Universal Gold Depository is based in London and is a gold depository service that provides storage for gold, silver, platinum, and palladium. UGD offers storage for both individuals and companies. UGD is in the top 5 of 2020's "best gold depository services in the USA."
GoldMoney
GoldMoney is a gold, silver, and platinum depository service headquartered in London. The company was established in 2001. GoldMoney offers storage for individuals, companies, and governments. GoldMoney is in the top 5 of 2020's "best gold depository services in the USA."

Bullion Direct

Bullion Direct is a leading gold dealer and online market platform. It prides itself on offering clients the best prices for precious metals with top customer service. Bullion Direct is an authorized dealer of American Eagle coins, American Buffalo coins, and Canadian Maple Leaf coins. The company offers 24/7 customer support to clients and conducts live online gold and silver auctions.
Goldline
Goldline is a well-known gold dealer. The company has been in business for 45 years and based in Southern California. Goldline specializes in buying and selling bullion products, including gold coins, silver coins, and gold bars. It offers instant pricing via its website and accepts payment by wire transfer, check, or credit card.
APMEX
APMEX is a gold retailer that sells coins, rounds, and bars. It works with more than 250 mints and refineries worldwide, including the U.S. Mint, the Austrian Mint, and the Royal Canadian Mint. APMEX uses live online bidding to offer clients the best prices.

GoldMoney

GoldMoney's gold-backed currency, gold bullion, and gold bars can be deposited and held in vaults around the world, with physical gold stored at one of GoldMoney's high-security facilities. You can store precious metals in denominations of $10, $20, $50, $100, $500, and $1,000, and you can purchase physical gold bars and coins, or gold-backed currency, from GoldMoney.
BullionVault
BullionVault is a gold bullion dealer that primarily lends, sells, and stores gold. You can buy and sell gold bars, coins, and precious metals from BullionVault, and you can also store precious metals in its vault. You can purchase a variety of gold bullion products, including Australian Gold, Austrian Gold, Canadian Gold, Chinese Gold, American Gold, and Britannia.
Regal Assets
Regal Assets is a precious metals dealer that sells a variety of gold and silver bullion products, including coins, bars, and wafers. You can buy and sell precious metals from Regal Assets, and you have the option to store precious metals in its secure vaults.

Streetwise Gold

This gold depository service is one of the most trusted gold repository services in the United States. It was founded in 2011, and clients can choose between physical gold shares or physical gold bars.
BullionVault
BullionVault is one of the most respected gold depository services in the world. You can store gold in your BullionVault account, and you can also store other precious metals and currencies.
APMEX
APMEX is another well-known gold depository service, and it offers precious metal IRAs and gold IRAs. Its gold depository service allows you to buy gold online, and you can purchase gold bars, coins, and bullion from APMEX.