With investments in precious metals like gold, silver, platinum, palladium, and others, you have a one-of-a-kind chance to guard against inflation and stock market volatility.
Additionally, people can position themselves for financial success during their retirement years by integrating precious metals into their portfolios and holdings.
Anyone who has looked online for a company to help them reach their precious metal investing goals may have found a wide range of possibilities. As a result, selecting a collaborator can be time- and effort-consuming.
This Gold Avenue review will attempt to provide investors with some background information. To understand more about Gold Avenue and its offerings, please keep reading.
Investors will have the knowledge they need to make an informed decision about working with Gold Avenue after reading this material.
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Gold Avenue Review of the Company
The MKS PAMP Group is widely recognized in the precious metals sector for offering services related to precious metal investing. The official internet store of MKS PAMP Group is Gold Avenue.
Twenty professionals are employed by Gold Avenue to provide customers with the information they require to confidently purchase gold and other precious metals.
To give their clients the finest service possible, these professionals have years of experience precisely pricing the worth of precious metals by employing cutting-edge procedures.
In order to service its consumers directly from the providers of precious metals, Gold Avenue cuts out the middleman.
When compared to its rivals, Gold Avenue may charge substantially less for its goods and services due to the narrowing of the gap between precious metal suppliers and buyers.
What are the Precious Metals Products Offered?
For those wishing to buy silver, platinum, and palladium online, Gold Avenue has a good reputation. According to the Gold Avenue review, these are the products the company offers:
Gold
Gold Avenue is a popular place for investors to start their precious metal journey. The most well-liked and expensive commodity available to investors is physical gold. Online, Gold Avenue offers a huge selection of gold coins and bars.
The classy Canadian Maple Leaf coin from the Canadian Mint and the classic American Eagle coin from the US Mint are the two most well-known gold coins on the market. We also have well-known bars like Lady Fortuna, which have a long history.
Given that gold is a timeless commodity, every investor should think about including it in their portfolio.
Silver
For individuals with a tight budget, buying silver bullion and coins is one of the finest ways to start investing in precious metals. One of the precious metals with the lowest market prices is silver.
Demand for silver in the industrial and investment sectors influences its price, but stock market fluctuations normally have no impact on it. To satisfy investor needs, Gold Avenue provides silver in a range of weights and dimensions.
Investors occasionally use silver as a substitute currency, and silver is a great long-term investment.
Platinum
Both industry and investments make use of platinum. It is a pricey metal whose value is dependent on a number of supply and demand factors. If investors want to invest in platinum, they have a variety of possibilities.
Investors can purchase platinum in the form of coins or bars, and they can do it for a fair price. However, the price of platinum is typically higher than silver but lower than gold.
Palladium
Palladium is a precious metal that is used in numerous industries, including the automotive sector. All platinum and palladium coins, cast bars, and minted bars are valued using the palladium spot price, often known as the market price.
As a result, the price of things made with palladium fluctuates a lot throughout the day. Palladium coins and bars are available in a variety of sizes at Gold Avenue. Due to their lower size than palladium bars, palladium coins may be a more sensible investment.
As a result, buying them separately can be less costly, and selling them separately is simpler.
Investors have a variety of options on the Gold Avenue website for the kinds of precious metals they want to purchase. These choices include the precious metal kind, bar or coin options, the cost per item, and the weight.
Gold Avenue Shipping And Security
One of the top financial and physical trade businesses in the world, the MKS PAMP Group, has chosen Gold Avenue as its official retailer. Switzerland-based Gold Avenue has secure vaults that are completely covered by insurance against loss, theft, or damage. Additionally, Gold Avenue and Mazars have a partnership to carry out yearly audits to confirm product quality and secure storage of all client products. Remember that neither Mazars nor Gold Avenue will ever see your personal information or product serial number throughout this procedure.
Through a variety of the biggest international shipping providers, including Swiss Post, Helveticor, UPS, and many more, Gold Avenue provides delivery to Europe.
Payments on Gold Avenue
At Gold Avenue, investors have access to a large variety of precious metals, including different kinds of gold, platinum, silver, and palladium. Gold Avenue also supports the following payment methods:
Wire Transfer
Free bank transfers are available from Gold Avenue at no additional cost. Only orders with a value between 100 and 50,000 Swiss Francs are eligible for this payment method. The customer must, however, pay the invoice right away after placing the order.
The client’s bank may also charge costs for currency conversion or reversal. This cost is not the responsibility of Gold Avenue.
Paying Gold Avenue
The instant payment and withdrawal option offered by Gold Avenue is called Gold Avenue Pay. Customers can enhance their purchases with a free and secure wire transfer before placing an order.
Within 1-3 business days, the monies will be deposited into an investor’s account. Any transfer costs that the investor’s bank may charge are, however, their responsibility.
Credit Card
Investors are able to make purchases using any 3D Secure-enabled credit or debit card. Investors must first find out whether their card supports 3D Secure by contacting the company that issues their credit or debit card.
Then, rather than having to wait for a bank transfer, consumers may make purchases right away using a credit or debit card. Priority payment is made possible by a 3% premium fee.
DGLD
The digital proof of ownership for allocated gold is a DGLD token. The gold must be kept in a secure Swiss vault that is guarded by the Bitcoin network. As a result, DGLD is the most independent method of digital gold ownership.
For each DGLD transaction, a fee of 0.0005 DGLD is charged.
Additionally, Gold Avenue accepts the USD, EUR, GBP, and CHF currencies.
Crucial Information to Be Aware of Before Investing with Gold Avenue
Keep the following things in mind while making a precious metals investment:
1. For customers who buy precious metals, Gold Avenue provides storage. After buying precious metals from Gold Avenue, customers can have them delivered to their homes. They can also keep them in the storage facility on Gold Avenue.
2. Customers can receive free assistance from Gold Avenue when selling their precious metals.
3. It is easy and quick to sign up for Gold Avenue. Customers can begin buying precious metals as soon as they join up. The precious metals are then accessible and manageable through their account.
Gold Avenue Storage Solutions
Deposits of precious metals are protected from tax officials since Switzerland is a tax haven. Customers get security from knowing that their precious metals are stored in a banking system that complies with privacy laws.
You may be sure that Gold Avenue has secure, practically impenetrable facilities when you invest in precious metals there.
Additionally, because all purchases of precious metals are insured, customers are safeguarded in the event of theft (which is extremely uncommon), damage, or loss. Clients will receive a refund if one of these events occurs in the worst-case scenario.
The balance sheet of a vault does not reflect the storage of precious metals. Therefore, even if Gold Avenue files for bankruptcy, customers will still get their precious gold back.
Furthermore, because Gold Avenue does not possess investors’ precious metals, government officials cannot seize them no matter what happens. Due to the fact that their precious metals are stored in the Gold Avenue vault, investors are already at a huge advantage.
They may easily sell their gold or precious metals on Gold Avenue’s website with a mouse click, and they have excellent resale potential.
Additionally, the clients won’t incur any shipping fees after selling their assets because their gold and precious metals are already stored in Gold Avenue’s vault.
As soon as a customer signs up, they are given a wallet. They can use this wallet to keep track of how their assets are doing.
They are able to choose when to acquire or sell their holdings by considering the data about their assets.
Customers can request to have any of their gold or precious metals mailed from Gold Avenue. Europe as a whole is served by Gold Avenue.
Sadly, more details regarding delivery to Australia or the US must be accessible. The delivery is completely covered by insurance and the recipient of the gold and precious metals must sign for it.
Customers can acquire the free storage service once they store precious metals for up to $10,000, with no further fees for buying, holding, or selling them. Fully allocated Swiss AAA vaults from Gold Avenue are safe and are not a part of any banking system.
The belongings of each client are physically stored in a different vault. On the firm website, investors can instantly redeem their stored Gold Avenue precious metals at any time of day.
When a customer requests that Gold Avenue send their precious metals to their home, Gold Avenue assigns the bars a serial number. The precious metals stored in the vaults have ownership documentation that may be downloaded.
In addition, Gold Avenue performs daily examinations on the objects stored in the vaults to ensure the security of all client valuables. When it comes to price, Gold Avenue follows a straightforward method.
When the asset is worth $10,000 or less, precious metal storage is free. When the value of the precious metal assets is between $10,000 and $100,000, there is a $8 monthly fee.
Lastly, a 0.5% yearly fee is applied to any precious metal holdings with an estimated value of more than $100,000. A specialized account manager is assigned to vaults with a value of above $100,000.
Why Consider Gold Avenue?
Gold Avenue is a global web portal that provides low-cost direct access to the well-known premium bullion products of MKS PAMP Group to individual investors.
It’s easy to buy precious metals at Gold Avenue. The company sells a variety of precious metals at affordable costs to appeal to all customers.
Pros and Cons
Let’s examine the advantages and disadvantages of Gold Avenue as a precious metals investing platform in order to present a balanced viewpoint:
Pros
Reputable Background: Investors might feel more certain about the platform’s validity thanks to Gold Avenue’s affiliation with PAMP and the MKS PAMP GROUP.
Wide Product Range: Gold Avenue offers a wide variety of precious metals, catering to a wide range of investment preferences and diversification objectives.
Secure Storage and Shipping: For investors concerned about the safety and security of their precious metals investments, Gold Avenue’s insured storage solutions and shipping services offer a complete solution.
User-friendly Interface: The platform’s intuitive layout and in-depth product information make it simple for investors to make wise choices.
Cons
Costs of Shipping and Insurance: The unfavorable customer review noted previously raises questions about how much Gold Avenue items will cost to ship and insure. Some investors may object to the company’s choice to charge customers for insurance on shipping goods.
Limited Educational materials: The platform of Gold Avenue does not offer many comprehensive educational materials or advice on investments that are geared toward novice investors who want to purchase precious metals.
Is Gold Avenue Legit?
Yes! This business is not a fraud. It has a great web reputation and a lot of happy consumers. You can see that many individuals give Gold Avenue an average rating of 4.7 out of 5 stars by visiting Trustpilot.
This business is a reputable international bullion dealer with locations all over the world. The fact that Gold Avenue is situated in Switzerland should enlighten you as to their standing and caliber.
The appropriate people have regularly given this company very excellent ratings. Even the pickiest customers typically give Gold Avenue the thumbs up when working with this business.
To be clear, Gold Avenue does not provide the well-known precious metals IRA service. As you presumably well know, American regulatory organizations oversee gold IRAs. As a result, a lot of global businesses don’t provide this service because it necessitates in-depth familiarity with American tax and pension legislation.
Your best choice if you’re interested in funding a precious metals IRA is to locate a specialist with the training, understanding, and experience necessary to guide you through the investment process.
To Conclude
One of the most well-known dealers in the precious metals industry in Europe is Gold Avenue, which has a strong reputation. The website is simple to use and understand for both novice and seasoned investors in precious metals.
The only minuscule drawback according to the Gold Avenue review is that consumers cannot use a gold IRA service. Additionally, this business deals openly with the public, which is one of the factors contributing to Gold Avenue’s success.
To find out more about this company and if they may meet your needs for precious metal investing, visit their website or read Gold Avenue reviews.
Other Precious Metals Dealers:
My Gold IRA is With Goldco!
Why Did I Choose Goldco?
- Best Overall Company & Most Trusted in the Industry
- Customers Have Acquired Over $2 Billion in Precious Metals
- Get Up to $10,000 in FREE Silver With Qualifying Purchase
- A+ BBB Rating. 7 Time Inc. 500 Award Winner
About Tim Schmidt
Tim Schmidt is an Entrepreneur who has covered retirement investing since 2012. He started this website to share his expertise in using his Self-Directed IRA for alternative investments. His views on retirement investing have been highlighted in USA Today, Business Insider, Tech Times, and more. He invested with Goldco.