Onegold Review

Last Updated on March 11, 2023 by George

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OneGold is both a precious metals business and an internet store. It was made possible by the resources, information, and experience that two credible companies merged. They want to make it easier for customers to get the advantages and features of physical and digital products.

They already have a good reputation. However, if you need to be made aware of the business, here is a concise summary of all you need to know about OneGold.

An online marketplace for digital assets backed by precious metals is called OneGold. By letting clients customize their investment experience to meet their needs, they offer a distinctive shopping experience.

Every investor can acquire right away or pre-fund transactions around the clock. You must first register for an account before using any of their services or purchasing any of their goods. Before investing, make sure to review all of their characteristics.

Before diving into OneGold, you need to learn the fundamentals of investing to become a competent investor. However, they have a good reputation, according to customer reviews. Anyone interested in platinum, silver, or gold has options available.

Who Owns OneGold?

A joint venture between APMEX and Sprott is called OneGold. Their goal of changing precious metal ownership was one they all shared. They are the OneGold proprietors, aiming to provide customers with one of the greatest metal purchasing experiences.


Scott Thomas launched the business in 1999. They have a significant online product variety, and their corporate office is in Oklahoma City. AMPEX has $10 billion in lifetime sales.

The company was one of the market leaders committed to customer satisfaction, with 1.5M customers worldwide.

Eric Sprott established Sprott Sprott in 1981. It is an investment firm for precious metals and real estate. They were able to assemble $7 billion worth of consumer assets. The business served 200,000 customers worldwide.

The business had affiliates in North America, Asia, and the US. They were providing private resource investing and alternative asset management.

How Does it Work?

The first step is to make an account. The creation process only takes a few minutes—a reserve, which is entirely free. After creating an account, you can go through their products.

Platinum, silver, and gold are available for selection from the safe vault of your choice. In most cases, purchasing or pre-funding comes next.

You secure your order at the current spot price if you are buying. However, if you pre-fund, money is sent to your OneGold cash balance.

When everything is finished, you can always redeem, take a withdrawal, or sell your shares. If you want to save your holdings, AMPEX provides over 20,000 actual products for you to choose from.

Remove money from the cash balance and return it to the payment source if you need to leave for whatever reason.

Products and Services

US investors can choose from items including gold, silver, and platinum. They are kept in American vaults that Loomis International, COMEX, or AMPEX have approved. Theft and loss are fully covered for every product by Lloyd’s of London.

Platinum, silver, and gold as investment-grade tangible assets back up the digital representations. The costs associated with purchasing, selling, and storing each good vary. Based on the contents of your vault, they can assist you in calculating the storage costs.

The only items that OneGold helps you buy, sell, and manage are gold and silver if you are from Switzerland, Canada, or the UK, and their goods are kept apart physically.

Inventory Audit

An inventory audit boosts the investor’s confidence and provides them with assurance. OneGold collaborates with vaulting partners who deliver monthly inventory reports, and they list the specifications of the precious metal that OneGold and its investors own.

They have reports on inventories for the US, the UK, Canada, and Switzerland. Everything is public information, and their official website allows you to read the messages.

Once a year, OneGold upgrades its insurance coverage. They can keep track of investments thanks to third-party verification as well. Every year, they physically count and verify some of their items.

The balance in client accounts and the actual storage metal are also reconciled daily.

Storage Fees

The quarterly minimum storage charge is $5. The rates for storing gold, silver, and platinum are 0.12%, 0.30, and 0.30, respectively, yearly.

Each quarter, the storage price is billed. It is based on the precious metal’s storage rate multiplied by your holding’s average daily balance.

Once you begin going, you’ll need to figure out the precise storage cost for your holding. However, the website has resources to assist you in doing that.

OneGold Mobile App

With its 24/7 trading, the OneGold app has made investing in silver and gold quite convenient. On the app, you can trade at any time and monitor prices, and the app can be used to manage your portfolio.

The management tools let you know where your portfolio stands and support you in making wise choices. It advises you on whether to increase your holdings or reduce them.

You can set up personalized notifications when metal prices cross a specified level. Even when the markets are closed, you can purchase metal if the prices hit your threshold.

You can access real-time spot prices and keep up with daily market news for gold, platinum, and silver. It explains the factors influencing metal prices so you can make wise investment decisions.


The OneGold mobile app has a unique feature that enables auto-investment. Orders for actual metal can be automated, allowing you to put your investment on autopilot. This is the perfect tool if you want to create a savings account backed by metal.

It can be programmed to run every day, every week, or every quarter. The automatic orders can be modified to meet your requirements and set to a specific number of metal ounces or dollars.

Precious Metals IRAs

OneGold assists clients in using self-directed IRAs to diversify their retirement savings or investments. Most people put their retirement plans in their hands because they have dependable partners, inventory audits, and safe vaults.

A self-directed account from OneGold will assist you in growing your money with compound interest and benefiting from tax advantages, just like a 401K and traditional IRA.

The IRA will be in your control, allowing you to build your desired portfolio. You have many investment choices with OneGold, and their primary benefits as your custodian concentrate on affordability and safety.

The valuable metals are stored in safe places. According to the IRS, palladium, platinum, gold, and silver are suitable IRA investments.

When you follow the instructions exactly, OneGold IRA is a rewarding retirement endeavor that can help you achieve a better financial future.

Before opening an account and looking into your investing alternatives, you must get in touch with them and ask all the questions you have.

How Do Precious Metal IRAs Work?

You can utilize an IRA as a way to save money for retirement. Although there are several IRAs, self-directed IRAs are the most popular since they provide total control. You can look into additional possibilities rather than spending money on the items you are accustomed to.

You can invest in tax liens, real estate, and precious metals. OneGold offers assistance to anyone who wants to open an IRA. Before purchasing precious metals or any other investment, it is crucial to understand the guidelines.

For instance, if you remove the money before turning 59 12, you can be subject to a withdrawal penalty. Additionally, it would be best if you used a custodian to form a precious metal IRA; otherwise, you risk IRS penalties.

OneGold maintains a list of custodians that adhere to their quality, services, and dependability requirements. To help you invest in precious metals, you can go through them and get in touch with one of them.

Why Invest in Gold?

The ideal balancer and haven for an IRA portfolio are typically thought to be gold. Its value naturally increases when other investments decline, so you can use it to protect other assets. For many years, it has served as a store of value.

When you invest in precious metals, especially gold, you won’t have to worry as much about the hazards of inflammation. Gold is a more reliable investment even though the investment stays relatively high compared to some alternatives.

A benefit is also the stability of prices. Gold prices are stable compared to other possibilities and won’t fall much, even if there is a crisis. When you reach your options, you’ll see that it’s one of the most modest investments.

Anytime you wish, you can convert your OneGold investment into a real gold coin. When setting up an IRA, keep these items in mind.

Beginner’s Guide to Gold

Due to its scarcity as a natural resource, gold is exceedingly expensive. In terms of chemical composition and aesthetics, it is likewise unmatched. If you’re starting, you should know that the jewelry business has the highest demand for gold.

The spot price is based on how supply and demand interact. Historically, only the wealthiest individuals had access to gold. But today, anyone may purchase gold and profit from doing so.

If you must purchase actual gold, find a reliable seller. Gold is a good investment because of its long history, intrinsic value, and lack of default risk.


  • They give new account holders a lot of information.
  • Their smartphone application is practical and straightforward to use.
  • You can trade continuously.
  • Their price is quite reasonable.
  • Owned by two respectable businesses, OneGold
  • They have a lot available if you want to exchange your holdings for tangible goods.


  • Regarding account concerns, their customer support could be better.


Redemption is the process through which you exchange your OneGold vault holdings for tangible goods. You can also use the valuable app to complete it. On the app, a range of AMPEX physical goods are listed.

You can decide which one appeals to you and trade your assets for it. The physical item you have redeemed will be swiftly shipped to you by AMPEX. The next best alternative is to save your assets for physical metal if you want to avoid converting your holdings to cash.

Contact OneGold if you don’t see anything you want, and they’ll add additional items from the broad AMPEX inventory.


Reviews from previous and current customers will provide you with all the information you require about a company. It reveals how the business responds to complaints and determines whether or not they are worthwhile.

OneGold has successfully obtained numerous favorable ratings on BBB and other reliable sites. The reviewers like the variety of items and the investment opportunities.

Although OneGold has posted some client testimonials on the website, it’s also a good idea to search online for more details. There are a few grievances, but they primarily relate to accounting management. The evaluations indicate that getting assistance after hours is challenging.

Final Thoughts – Onegold Review

OneGold is a precious metals dealer that was established by two top-notch businesses. Gold, platinum, and silver are primarily what they produce.
They have been in business for many years and work hard to make clients’ precious metal purchases enjoyable.

They have not had any severe complaints, which is excellent. Anyone wishing to diversify their financial portfolio might profit from their features and services.

Don’t hesitate to contact them for a consultation if you are interested in their services and goods.

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