In today’s uncertain world, protecting your money is more important than ever. Financial peace of mind seems hard to find, and that’s where GoldCore steps in.
GoldCore is a trusted name when buying precious metals like gold and silver. What makes GoldCore stand out from others who offer the same thing?
In this GoldCore review, I’ll look closely at what GoldCore does, how dependable it is, and the special benefits it brings to you.
I am here to investigate what makes GoldCore a success and whether it could be the right choice for keeping your finances safe. Let’s find out together what GoldCore can offer you.
What is GoldCore?
GoldCore is a Dublin-based company that started in 2003. It helps people from over 130 countries invest in precious metals like gold and silver.
GoldCore makes it easy for investors to either receive these metals delivered to them or store them in secure vaults around the world.
With assets over $130 million managed for over 14,400 clients, including many from the USA, the company is a go-to for investors looking for trustworthy services in precious metals.
Americans, in particular, trust GoldCore to buy and store precious metals. The company is often featured in major media outlets like CNBC and Bloomberg and participates in important gold surveys.
GoldCore’s services include safely storing metals, the GoldSaver program for regular gold savings, and delivering gold and silver bars and coins directly to customers.
They offer a special trading platform that’s very safe and lets investors own their gold or silver directly, safely stored away from potential bank crises.
GoldCore has built a good reputation by being upfront, giving honest advice, and deeply understanding the precious metals market.
Team Behind the Company
Meet the amazing team at GoldCore! This section introduces the key people who have helped shape and grow the company.
Each team member has a strong background and brings unique skills to their roles, making GoldCore a trusted name in the financial services world, especially in gold and silver.
Stephen: Co-Founder
Stephen Flood helped start GoldCore in 2003 and has been a big part of it ever since. Until 2023, he was the CEO but now serves as the Chairman.
Stephen’s job is ensuring the company runs smoothly and finding new business opportunities. He learned much about finance and trading in New York and at Goldman Sachs. When he is not working, Stephen loves spending time outdoors with his family in the Dublin Mountains.
David Russell: CEO
David Russell is the CEO of GoldCore. He oversees the company’s day-to-day operations and plans its future. David joined GoldCore in 2008 and has played a critical role in its success.
He studied business and financial services in school and has extensive experience trading various financial products. David loves sailing and has raced around Ireland twice.
Padhraig O’h-Larnain: Head of Treasury and Trading
Padhraig O’h-Iarnain has been with GoldCore for over ten years and leads the Treasury and Trading team. He manages money, trades, buys supplies, and improves how the company works.
Padhraig studied finance and tech in college and is deeply interested in using technology to improve the company. He likes sports, fishing, walking, and speaking the Irish language fluently.
Derek Ryan: Head of Bullion Sales
Derek Ryan leads the Bullion Sales team at GoldCore. He joined the company in 2019 and focuses on working with clients and managing orders to ensure everyone gets great service.
Derek has extensive finance experience from working in Asia and London. He took a break to pursue his passion for classic cars before returning to finance. Derek enjoys fixing up old cars and going on long road trips.
What Makes GoldCore Stand Out?
GoldCore stands out as a trusted place to invest in gold and silver for several reasons. Here’s what makes them special:
- Security and Ownership: They keep your gold and silver safe, and you completely own it. It isn’t mixed with other people’s investments, so it’s yours.
- You Own Your Gold and Silver: When you buy with them, it’s all yours, separate from their company accounts.
- Super Safe Storage Places: They store your gold and silver in secure places worldwide.
- Quick, Fully Covered Shipping: They’ll send your gold and silver fast, insured, and in plain packages, keeping your valuables a secret.
- Great Prices for Buying and Selling: They offer good deals whether buying gold and silver or storing it with them.
- High-Quality Gold and Silver: Everything they sell is top-notch and certified, ensuring you get the best.
- Checking Daily with Storage Places: They make sure the gold and silver you’ve stored with them is exactly where it should be every day.
- Use Your Own Money: You can pay and sell in different kinds of money, like dollars or euros, saving you the hassle of exchange fees.
- Get Your Money Quickly: If you sell, you can usually get your money within three days.
- Helpful Experts: Their team is ready to give advice, whether you’re new to this or have lots of money to invest.
- Prize-Winning Research: They know much about gold and silver and share that knowledge with clients.
GoldCore cares about keeping your investments safe and making sure you’re happy with its service. It makes it easy to buy gold and silver and offers a lot of help along the way.
Their reputation comes from being reliable and good at what they do, so people choose them to invest in precious metals.
What Products Does GoldCore Offer?
GoldCore sells different types of gold and silver that you can buy for investment or to keep your money safe. They help you buy, sell, and store these precious metals safely.
In this section, I’ll examine GoldCore’s gold and silver offerings and explain why they are good choices for various investors.
Gold
Gold investment is popular, with options like gold coins and bars available. The 1 Kg Gold Bullion Bar, weighing 32.15 oz, costs $82,845.26 and is significant for big investors with a trade value of up to $200,000.00.
For smaller investments, the 1 Ounce Gold Bullion Bar ($2,593.85) or the 10 Ounce version ($26,076.86) are good starts.
Investors and collectors may also enjoy gold coins like the American Eagles ($2,643.64 each), the Austrian Philharmonic ($2,613.91), or the smaller but valuable British Gold Sovereign ($620.61).
The 400 oz Gold Bar – London Good Delivery, priced at $2,556.11 per ounce, caters to large-scale investors with a trade value of $600,000.00.
Silver
Silver treasures like coins and bars are a solid way to keep your wealth safe. Let’s talk about some favorites that you can buy.
The Silver 1 oz Britannia Tube has 25 coins, each one an ounce, and the full tube costs $886.32. The Silver American Eagle Tube comes with 20 coins, and its price is a bit less at $750.42.
If you like something from Australia, the Silver Australian Kangaroo Tube also has 25 coins, costing the same as the Britannia Tube at $886.32.
Remember the Silver Austrian Philharmonics Tube, which includes 20 pretty European coins, valued at a high rate.
If you’re more into larger pieces, silver bars might catch your eye. A big 100-Ounce Silver Bar is set at $3,113.17.
And for something really hefty, the 1000-Ounce Silver Bar is a major chunk of silver with an online value of up to $100,000.
How to Buy from GoldCore
This section will show you how to do it, from opening an account to getting your gold or silver in your hands. Here’s how you do it step by step:
- Open an Account: First, you need to create an account with GoldCore. Head to their website and click the “Open Account” button. The process is pretty straightforward. You’ll pick the type of account you want and fill in some info about yourself.
- Choose Your Gold or Silver: Once your account is set up, look through GoldCore’s selection of gold and silver coins and bars. Pick what you like and check the price. You can do this online or call GoldCore for help.
- Pay for it: Next, you decide how to pay. GoldCore lets you use most credit or debit cards (but not American Express) or transfer the money directly.
- Get Your Gold or Silver: Finally, your gold or silver will be sent to you safely through the mail in a package that won’t reveal what’s inside. If you don’t want it sent home, GoldCore can also keep it safe in its special vaults.
GoldCore has been trusted by customers for over 20 years, and it’s easy to see why. They make buying gold and silver simple and safe, whether you’re new to this or have been investing for a while. Plus, being based in Ireland, they bring a friendly, reliable service to the table.
More Things You Should Know
When it comes to paying, GoldCore doesn’t take cash—only electronic transfers and most credit or debit cards. Once you’ve bought your gold, it’ll typically arrive in less than 10 days. The package will be plain, so it’s kept a secret.
But remember, you can’t pick up your gold or silver from GoldCore, as they don’t keep it at their offices. With all these steps in place, GoldCore ensures that you feel confident and secure about your investment.
Precious Metals IRAs Service Offered by GoldCore
GoldCore makes adding gold and silver to your retirement savings easy through an Individual Retirement Account (IRA).
Here’s a simple guide on starting with GoldCore’s Precious Metals IRA and more about this company:
- Set up a Self-Directed IRA with GoldCore’s recommended custodian, The IRA Club, if you don’t have one.
- Put money into your Self-Directed IRA through:
– A personal check or bank wire.
– Moving money directly from another IRA.
– Rolling over money from a 401k or pension plan. - Buy the gold or silver you want from GoldCore and choose where to keep it. After your account has money, tell a GoldCore representative to start buying.
Note: You need at least $10,000 for the first investment and $5,000 for anymore after that.
GoldCore highly recommends The IRA Club for anyone looking to keep their precious metals like gold and silver in an IRA.
They suggest investing in gold coins, such as American Eagles, Buffalos, and others, from countries such as Australia, Austria, Britain, and Canada.
For silver, American Eagles and coins from these countries are great choices. They also offer gold bars ranging from 1 to 400 ounces and silver bars in 100 and 1000 ounces. Perth Mint Certificates are a good option for gold and silver if you don’t want to hold physical metals.
To keep your investments safe, GoldCore stores your metals in very secure vaults in the US and Canada. These vaults are insured and checked often to ensure their safety and separation.
Lastly, Matt Psarras knows much about investing in gold and silver IRAs and can help you. He will ensure you make wise choices and follow all rules.
How Does GoldCore Help You with the Storage Service?
GoldCore has been protecting precious metals for people since 2003 with its Secure Storage option. It is known for being very safe and reliable because it is part of the LBMA, a club for the top precious metals businesses.
They ensure that your gold and silver are delivered safely and kept in some of the most protected vaults worldwide.
The company has vaults in many countries, including Switzerland, Ireland, Singapore, Hong Kong, the US, and the UK. This means you can choose where to keep your metals, depending on what you think is safest.
With GoldCore’s Six Point Locking System, your investment is kept separate, just for you. Other companies check it to make sure everything is exactly as it should be. They use special vaults and offer good prices for storing your metals.
Storing gold starts at 1% for less than $100,000 and gets cheaper the more you store, going down to 0.49% for over $750,000.
The rates for storing silver also start at 1% and go down to 0.75% for more than $750,000. This way, people with more to store can save money on keeping it safe with GoldCore.
What is the GoldSaver Service?
GoldSaver, offered by GoldCore, is a great alternative to regular savings accounts. This service lets you invest in real gold for as little as $100 monthly.
With GoldSaver, you buy a little bit of gold every month, which helps protect your money from fluctuating market prices and gives you a better average price over time.
Setting up a GoldSaver account is straightforward. You can pay a fixed amount monthly through bank orders or a credit or debit card. You can even add extra money whenever you want to grow your savings faster.
This service is very affordable, with low fees for buying, selling, and managing your account. Plus, after one year or when you reach 10 ounces of gold, you can choose to get physical gold coins.
Buybuck Program
You can sell to them no matter where you bought your precious metals. They work with gold and silver from well-known and trusted mints and refineries.
How to Sell
- Start by Opening an Account: Get ready to sell by setting up your account.
- Fair Prices: They will offer you a price that matches the market’s going rate for gold and silver.
- Keeping it Safe: If GoldCore already keeps your metals safe, selling is even easier.
- Checking Your Metals: If the metals were kept somewhere else, they need to be checked before they can be sold.
- Help When You Need it: Their friendly sales team is there to help you through every step.
What You Can Sell
- Gold: You can sell bars and coins from government mints like the US Mint and private companies like PAMP and Metalor.
- Silver: Like gold, they’ll take silver coins and bars from famous mints and companies.
Getting Paid
- Quick Quotes: Contact the team to find out the latest prices for your metals.
- Safe and Sound: Your sale will be handled safely and efficiently, with help from the GoldCore team.
- Money Fast: After the sale, you’ll get your money quickly through a bank transfer.
Selling with GoldCore is simple. They offer secure processes, good prices that follow market rates, great customer service, and quick payments. They focus on investment-grade gold and silver, not scrap gold, jewelry, or collector’s coins.
Learning Center
The Learning Center is your go-to resource for learning all about investing in precious metals like gold and silver.
This section has different parts that include easy-to-read guides, informative blog posts, and essential guides you can download.
1. Buyers Guide
In the Buyers Guide, there are a bunch of helpful articles and guides for anyone interested in gold and silver:
- Simple explanations about gold and silver, advice for buying them, and comparisons to help you choose which one to invest in.
- Updated info on the best places to buy gold and silver in the US, including details on coins and bars.
With these, you’ll understand how the gold and silver market works, get tips on investment strategies, and know how to acquire and store your metals.
2. Blog
The Blog is where you can read the latest thoughts and predictions about the gold and silver market:
- Opinions from experts about where gold prices might be heading, including interviews and market analysis.
- Discuss important events in the markets and what they mean for gold investors.
The blog keeps you updated with current trends and expert views on gold and silver investments.
3. Important Guides
Here, you’ll find a library of key guides to download on investing in gold and silver:
- Detailed guides on safe places like Switzerland and Singapore to keep your precious metals, explaining why these places are good choices.
- An all-around guide on why investing in gold has been, and still is, a smart move, along with practical investment tips.
By signing up with your email, you will receive instant access to this knowledge and can start making better investment decisions immediately.
GoldCore Fees
GoldCore charges fees for managing accounts and services, keeping them as affordable as possible for clients. However, these fees might change and depend on specific situations.
Annual Storage Fees for Metals
For Gold, Platinum, and Palladium:
- If you have less than $100,000 in metals, it costs 1%.
- Between $100,000 and $250,000, it costs 0.79%.
- Between $250,000 and $500,000, it costs 0.69%.
- Between $500,000 and $750,000, it costs 0.59%.
- Over $750,000, it costs 0.49%.
For Silver:
- Less than $100,000 is charged 1%.
- Between $100,000 and $250,000, it’s 0.95%.
- Between $250,000 and $750,000, it’s 0.85%.
- For over $750,000, the fee is 0.75%.
Other Fees
- If you need special help with your account, this will cost $150. This includes setting up unusual company accounts and checking paperwork.
- Mailing paper documents costs $30.
Customer Reviews and Ratings for GoldCore
GoldCore has great reviews and customer ratings. On Google My Business, it received a high score of 4.9 out of 5 from 60 people, showing that many customers are happy.
Ekomi, a review site in the UK, also gave GoldCore a 4.9 out of 5, but this time from a big number, 3645 reviews.
Another UK site, Scamadviser, trusts GoldCore a lot, giving it a 96 out of 100 score. The Better Business Bureau (BBB) agrees that GoldCore is doing well, giving it the top score of A+.
On Trustpilot, the score is a bit lower at 3.8 out of 5, but that’s only from 2 reviews, so it’s not a big worry. Overall, people like GoldCore and say good things about it.
Many people love GoldCore for its top-notch service, saying it’s the best place to buy gold and silver. They’re happy with fast replies and feel their money is safe.
There’s also easy online tracking and quick buying or selling over the phone. Plus, it’s good for storing wealth in precious metals. However, a few of them were unhappy because their gold bars were late, and they had to keep asking about it.
Pros and Cons of GoldCore
Let’s examine GoldCore’s specific pros and cons more closely to help you decide if it’s the right choice for your investment needs.
Pros:
- Goldcore’s website is very easy to use. It shows the latest and past prices of gold and silver.
- They are known for great customer service, professionalism, and keeping their clients happy.
- It offers a good variety of gold and silver items, such as bars, coins, and bullion, to help you diversify your investments.
- Provides safe places to keep your investments, both in your home country and abroad.
- They are a trusted company with many good reviews and high scores, giving investors peace of mind.
Cons:
- If you’re looking for the cheapest options, Goldcore might not be the best because their prices can be higher than others.
- They mainly deal with precious metals, so if you want more financial services, it might not fit your needs.
GoldCore offers a good platform for those interested in precious metals, with lots of choices and resources. But it’s important to consider the pros and cons before deciding.
Is GoldCore a Legitimate Company?
Yes, GoldCore is a real company known for selling gold and offering safe places to keep it. Since starting in 2003, it has become a trusted name for people wanting to invest in gold, serving customers in over 130 countries.
Its main office is in Dublin, Ireland, and it also has locations in London and the US. GoldCore stands out for being open about how it works, being honest, and taking good care of its customers.
It helps people buy, sell, and store gold and other metals at good prices, making investing in them easy and safe for everyone.
Conclusion
In conclusion, GoldCore stands out as a reliable and trustworthy platform for precious metal investments.
With its user-friendly interface, secure storage options, and comprehensive services, it provides investors with a convenient and efficient way to manage their gold and silver assets.
Whether for seasoned investors or newcomers to the market, GoldCore offers a solid solution for building and protecting wealth through precious metals.