Gold Republic Review- Is It Legit or a Scam?

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Do you wish to make an investment in gold, silver, or platinum? Gold Republic is one of the companies that offer investment services for precious metals and can be of great assistance to you. However, before you invest your hard-earned money, we advise you to read this Gold Republic review to determine whether or not the company is legitimate.

What Is Gold Republic?

Gold Republic Review

Gold Republic is a precious metals dealer based in Amsterdam, Netherlands. In addition to providing a platform for trading gold, the company, which was founded in 2010, also provides secure storage facilities in the Netherlands, Switzerland, and Germany.

Moreover, the website of Gold Republic is designed to facilitate investing in precious metals. Their elegantly designed online store facilitates the rapid creation of accounts and the purchase of metals. Let’s now proceed to Gold Republic’s products and services.

Gold Republic Products and Services

Gold Republic mainly sells gold bars, but they also offer silver and platinum, as well as gift accounts and precious metals savings plans. On their website, you can find detailed price charts and detailed descriptions of bars according to their weights. You can buy 100-gram bars, Kilo bars, or the Good Delivery bar weighing 12.5 Kilograms. The company states that you can also buy gold bars in smaller quantities, but then you will become co-owner of a bar.

Who Regulates the Buying and Selling of Gold at Gold Republic?

The London Bullion Market Association is the professional body that oversees the buying, selling, and storage of bullion bars at Gold Republic. Your gold is ever safe as it will be stored in LBMA-approved vaults operated by independent firms such as G4S and LOOMIS.

Does It Offer Precious Metals IRAs?

No, Gold Republic only sells precious metals and does not offer Gold or Silver Individual Retirement Accounts. Check out our Top-Rated Gold & Silver IRA Provider if you are interested in precious metals IRAs.

Company Info

Location:

Amsterdam, Netherlands

Address:

Herengracht 450, 1017 CA Amsterdam, Netherlands

Year Founded:

2010

Managers:

Marleen Evertsz, Alex Butter, Piet Klaver

Website:

www.goldrepublic.com

Overall Rating:

[usr 3]

How Does Gold Republic Work?

To purchase precious metals from Gold Republic, simply follow 3 simple steps.

  1. Open and Validate Your Gold Republic Account

The first step is to create and authenticate your Gold Republic account. To validate your account, simply go to their official website and click ‘create an account,’ then fill out an account validation form.

  1. Fund Your Account

You need to fund your account to enable you to pay for precious metals.

  1. Place Your Order

The third step is to simply place your order with the money you have available in your account.

Pros of Choosing Gold Republic

  • Great storage facilities

They offer awesome storage facilities to guarantee the safety of your investment assets. You won’t have to worry about losing your investment to theft.

  • BuyBack Program

Gold Republic offers a buyback program that allows you to sell back your metals to the company whenever you want to.

  • High-Quality Products

The company offers top-quality bullion bars regulated by the London Bullion Market Association.

Cons of Choosing Gold Republic

  • No Reviews On Top Review Websites

We are concerned by the lack of reviews of Gold Republic on major review websites including Trustlink and Trustpilot. Despite having been in business for nearly a decade, their credibility is called into question.

  • Does Not Offer IRAs

There are no gold or silver IRAs available, which disadvantages people wishing to invest in a precious metals IRA.

  • No Live Chat

A live chat helps you to contact assistance fast and get your issues resolved as soon as possible. Unfortunately, Gold Republic’s website lacks this option, making communication more difficult.

  • Limited Selection of Products

In comparison to most large precious metals companies, they only provide a limited assortment of gold, silver, and platinum bars. As a result, you may not discover all of the products you seek on their platform.

Gold Republic Reviews & Complaints

Gold Republic Customer Reviews

Gold Republic does not have accreditation or reviews on popular trusted sites such as the Better Business Bureau, Business Consumer Alliance, and Trustpilot. As a result, determining the company’s rating or reputation is exceedingly tough for us. Generally, we advise you to avoid companies that lack consumer ratings, reviews, and testimonials on web platforms.

Is Gold Republic Ideal for Precious Metals IRAs?

As previously stated, Gold Republic specializes in the sale of bullion bars and does not offer Gold or Silver IRA services. Learn more about our #1 recommended precious metals IRA provider by clicking the link below.

Learn About Our #1 Rated Precious Metals IRA Provider Now>

Is Gold Republic Legit?

Gold Republic appears to be a legitimate precious metals firm based on its physical address and more than ten years in operation.

Gold Republic Alternatives

Conclusion

Gold Republic is an international precious metals dealer with over 10 years in business. The company sells gold, silver, and platinum bars. Gold Republics’ website is designed to make it simple to purchase and sell metals. Furthermore, the firm provides secure storage vaults in three countries: the Netherlands, Switzerland, and the Federal Republic of Germany.

The lack of internet reviews and ratings is Gold Republic’s downfall. They also lack a live chat option and offer a restricted selection of products.

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