Gold Avenue Review 2022

Gold Avenue Review

Gold Avenue is a global precious metals dealer that has served people worldwide for many years. They have a large number of offices located in Europe, Australia, and the US. Thousands of customers have worked with them, and they continue to grow in popularity. But are their services that great? How do they compare to other major bullion dealers?

  • Product Type: Precious Metals
  • Owner: MKS PAMP GROUP
  • Rating: 4.0/5

About Gold Avenue

Gold Avenue Review

Gold Avenue is an online eCommerce platform backed by the MKS PAMP GROUP, a Swiss company with a huge global reach. This gives it all the backing it needs to be a successful platform, but it also has the individual employee touch that comes with being a small business.

At Gold Avenue, our team of 20 precious metals experts helps you determine which precious metals investments are right for your specific circumstances. We have over 700 employees in all aspects of the precious metals industry, so you can trust that we know what we’re doing.

Gold Avenue is committed to being transparent and trustworthy. You can find information about every team member on the website. They want to help people easily and securely access gold, even if you aren’t familiar with investing.

The Gold Avenue team has been part of the industry for over 60 years. They understand their customers and have created Gold Avenue to make purchasing gold online easier. Gold Avenue provides an easy and convenient way for customers to buy gold, backed by a team with over 60 years of experience.

Storage Solutions

Gold Avenue Review

Gold Avenue has a variety of storage solutions through its parent company, which include access to fully allocated vaults in Switzerland. This makes it a tax haven, and you can rest easy knowing that your assets are held outside of the banking system. Gold Avenue takes pride in its privacy policies.

The Gold Avenue vaults are a very safe and secure place to store your precious metals. All of your items will be fully insured in the event of damage, loss, or theft. The facility is extremely secure, so you don’t have to worry about anything happening to your belongings. If the worst does happen, you can get your money back.

The security and privacy of your assets are a top priority at Gold Avenue. Your items are never put on the vault’s balance sheet, so you are the sole owner of your metals. If the depository were to go out of business, you could have your assets returned. They cannot be seized on behalf of the depository since the depository does not own them.

Gold Avenue is a great place to store your valuable belongings. Not only is the security top-notch, and there are no commission fees, but you also have competitive resale options. If you store your items in the Gold Avenue vault, you can sell them back 24/7 with just the touch of a button. You can even analyze your Wallet’s data to determine the best time to sell. Then you can do so just by tapping the buttons.

The company delivers throughout Europe, although there’s not much information on whether they ship to the US or Australia. However, if you ever want your items to be sent, you can request that they be delivered. All deliveries are completely insured and must be signed for.

Making a Purchase

Gold Avenue Review

Gold Avenue is a great platform for buying precious metals online. The process is easy and you can find whatever products are in stock. You can add them to your cart and check out without needing to speak to a service representative.

The prices of the items on Gold Avenue are updated in real-time, so you’ll know exactly how much you’re paying when you get to the checkout screen. This makes it easy to find exactly what you’re looking for, whether you’re shopping for gold, silver, platinum, or palladium.

Storage Prices

Gold Avenue Review

You can also purchase different storage packages.

Gold Avenue offers a free storage account to those who purchase precious metals through their service. This account is insured and can hold up to $11,000 worth of metals. No commitment is required so that you can have your metals delivered at any time.

The Gold Avenue storage vault offers a great value at $8 per month – you can store up to $110,000 worth of metals, plus you get three free months if you sign up right away. This is a great option for investors who want to protect their assets.

The Gold Avenue storage company charges a flat fee of 0.5% of your holdings per year to store your precious metals. You will also be given a dedicated account manager to help you with your vault.

Is Gold Avenue a Scam?

Gold Avenue Review

Gold Avenue is a reputable company with a good reputation. They have over 1,100 reviews on Trustpilot, with an average rating of 4.7 out of 5 stars. This indicates that most customers have had positive experiences with the company. Gold Avenue is a front for MKS PAMP GROUP, a large company that is well known in the precious metals industry. They operate over a dozen offices and stores in more than ten countries. Since they are based in Switzerland, neither Gold Avenue nor MKS PAMP GROUP has a Better Business Bureau page.

Gold Avenue has received high marks from other independent watchdogs and offers transparency with its finances and services. Customers have generally been happy with their experiences. Gold Avenue does not offer precious metals IRA services, which may be why they do not have a service specifically for IRAs. However, they are still globally recognized for their excellence in providing other gold services.

If you want to invest in a gold IRA, it is best to work with a company in the United States that specializes in this. This will be much easier than figuring out the paperwork and regulations yourself.

Pros & Cons of Gold Avenue

PROS

  • Thousands of positive customer reviews online.
  • Massive global presence with 13 offices in 11 countries.
  • Easy to purchase many different precious metals online through the eCommerce platform.

CONS

  • No BBB page, since the parent company is headquartered in Switzerland.
  • No gold IRA services, since once again the parent company is in Switzerland.

Final Thoughts

Gold Avenue is a retailer of precious metals based out of Switzerland. It has more than a dozen global offices and over 60 years of experience in the industry. It is one of the largest online gold retailers in the world.

Gold Avenue has received positive feedback from customers who have praised the quality of service and shipping efficiency. The company is known for its commitment to providing excellent customer service.

Gold Avenue is a good company to work with if you’re not based in the United States. However, there are some disadvantages for investors within the US. The biggest one is that Gold Avenue doesn’t offer IRA services, so if you want to open a new retirement account to hold your precious metals, you’ll need to look elsewhere.

Gold Avenue is a great company to work with. They have a vast network, provide all the services they claim, and are well-managed and transparent. No wonder they have such a positive reputation in the precious metals industry.