Wednesday, March 29, 2023

Vaulted Gold Reviews – 2023 Update On Fee’s, BBB & Scam Risk

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

:arrow_right: Official Website

:arrow_right: Free Investment Kit

:arrow_right: Goldco Detailed Review

#2 BEST FOR HIGH NET WORTH INDIVIDUALS: Augusta Precious Metals

:arrow_right: Official Website

:arrow_right: Free Investment Kit

:arrow_right: August Precious Metals Detailed Review

#3 BEST FOR INVESTMENTS UNDER $5000: Birch Gold Group

:arrow_right: Official Website

:arrow_right: Free Investment Kit

:arrow_right: 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

best choice
Goldco
5/5

#1 Readers Choice

Goldco is the leader in the Precious Metals Industry. From Precious Metals IRA’s to direct purchases, Goldco has maintained a near perfect track record and therefore is our #1 recommendation for all our readers.

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 gold as well as sell gold should you decide to cash out.

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 investing 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?

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 from 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 you need to buy gold bullion with either your bank account or credit card connected to the app.
  • 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

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

best choice
Goldco
5/5

#1 Readers Choice

Goldco is the leader in the Precious Metals Industry. From Precious Metals IRA’s to direct purchases, Goldco has maintained a near perfect track record and therefore is our #1 recommendation for all our readers.

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

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 and all transactions are checked on a quarterly basis with an audit from the Office of the Auditor General each year.

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 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 as well as some 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 though, they only service addresses within the United States and Canada.

If you don’t own a full bar – such as if you own half or a quarter of one – then Vaulted will transfer you 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

Pros

  • 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

Cons

  • 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

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.

FAQs About Vaulted Gold

To set up a VaultPlan, follow these steps:

  1. Input the desired amount, which will be transferred from your linked checking account to your Vaulted account automatically.
  2. Determine a frequency and start date. The VaultPlan will commence on the specified date and trigger a transfer every month or two weeks thereafter.
  3. Submit the information. Once you finalize your VaultPlan, the funds will automatically transfer to your gold balance at the chosen frequency during market hours.

The Royal Canadian Mint is committed to providing gold that has been ethically sourced from the mine and refined through a certified chain of custody.

They are dedicated to the Responsible Precious Metals Certificate Program which verifies a conflict-free process of sourcing and refining deposits. With vaulted gold ensured path of origin, customers can rest assured they are receiving premium quality gold with transparency.

Funding your Vaulted account is simple and quick, whether you use a linked bank account or bank wire. Once funded, buy and sell gold easily with the click of a button on the Overview page 24/7.

When markets are open during the NYSE day session, orders are processed immediately. If you have further questions, call Vaulted’s expert advisors who will be happy to guide you through the process.

Purchasing a Vaulted gift card is quick and easy. Go to the main menu of the app, select “Gift Card” and follow the instructions. Digital gift cards are available here, or if you want a physical one, contact your advisor for assistance. It’s that simple.

All buy physical gold transactions on Vaulted incur a one-time fee of 1.8%, which covers all premiums, spreads, and commissions. The fee is added to the wholesale gold price at the time of the trade, and the Vaulted app clearly displays the wholesale price, buy price (ask), and sell price (bid). There are no hidden costs associated with using Vaulted.

For all sell transactions on Vaulted, a one-time fee of 1.8% is deducted from the wholesale gold price at the time of the trade.

When receiving the physical delivery of your gold, the shipping and handling fees charged by the Royal Canadian Mint and FedEx (or other carriers) will be passed on to you by Vaulted. No extra fees will be levied when you request physical delivery.

Typically, the shipping and handling fees are as follows:

Handling fee charged by the Royal Canadian Mint: $50 per delivery + $2 per bar

Shipping and insurance: The costs vary depending on the carrier and delivery destination. For FedEx next-day or second-day shipping to the continental United States, the cost is usually around $225.

The Royal Canadian Mint is a Crown corporation wholly owned by the government of Canada, which has an AAA rating. The Mint is responsible for holding 100% of the gold allocated to Vaulted customers, and all assets are insured by Lloyds of London.

As a custodian, the Mint never includes your gold on its balance sheet. Therefore, in the event of bankruptcy or liquidation, the Mint or its creditors cannot legally utilize your gold. The terms of the agreement between Vaulted and the Mint mandate that your allocated gold must be separate from the Mint’s own assets.

To withdraw funds from your Vaulted account, go to the Transfer Tab and find the “Withdraw from Vaulted” box. Enter the amount you wish to withdraw and select “Next” and “Submit.” Your funds will appear in your linked bank account in a few business days.

To close your Vaulted account, launch the Vaulted app and visit the Settings section. Then, scroll down to the bottom of the page and select “Delete Account.” A webpage on secure.vaulted.com will display, outlining the account deletion process.

To submit your account deletion request, you must email info@vaulted.com from the email address linked to your Vaulted account. Before initiating the account deletion process, verify that there is no remaining cash or gold in your account.

The post Vaulted Gold Reviews – 2023 Update On Fee’s, BBB & Scam Risk appeared first on preciousmetalsadvice.com.



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