Noble Gold Investments Complaints, Lawsuits and Reviews (2024)

In times of economic uncertainty, people often turn to precious metals as a secure investment. With numerous options available, finding a trustworthy company for your hard-earned money is crucial. 

Noble Gold Investments is known for its extensive services in precious metals IRAs and various investment products. 

In this review, we’ll discuss their product offerings, fees, customer reviews and pros and cons to help you decide if they’re the best option for you. 

If you’re interested in opening a gold IRA, I recommend getting this gold IRA scam checklist. It will help you identify potential scams and navigate the financial markets with confidence.

Pros:

1. Multiple Storage Options: Noble Gold Investments provides various depository options, including its secure facility in Texas, offering flexibility for customers.

2. Educational Resources: The company offers a wealth of educational materials, including guides, courses, and a learning library, helping investors make informed decisions.

3. Online Account Opening: Unlike some competitors, Noble Gold allows users to open accounts online, providing convenience for investors.

4. Buyback Program: Noble Gold has a guaranteed buyback program, offering peace of mind to customers who may want to sell their precious metals in the future.

Cons:

1. No Online Pricing: Pricing information is not available online, requiring customers to contact the company for details.

2. Limited Product Advertisements: The company showcases a small selection of precious metals products on its website, offering fewer options compared to some competitors.

3. $20,000 Minimum Investment: Noble Gold has a relatively high minimum investment requirement of $20,000 for its gold IRA, which may be a barrier for some investors.

What is Noble Gold Investments?

Since 2009, Noble Gold Investments has been a trusted partner for individuals seeking to invest in gold and silver, including precious metals IRAs. 

With a strong reputation in the Precious Metals IRA services industry, the company offers various investment levels and competitive fees tailored to different financial goals. 

Their diverse range of products includes gold and silver coins, bars, and rounds, providing ample opportunities for portfolio diversification and access to the precious metals market.

Noble Gold has earned high praise from its patrons, thanks to its excellent customer service and commitment to delivering quality products. Investors can choose from gold, silver, and platinum options, allowing them to capitalize on the growth potential of each precious metal and ensure both monetary stability and future wealth.

The company offers two types of IRAs – Silver IRAs and Government Investments – providing retirement options for those planning to secure their finances for the future. 

With a track record spanning over a decade, Noble Gold Investments stands out among Gold IRA companies, known for its customer-centric approach and dedication to customer satisfaction.

Noble Gold Lawsuit: All You Need to Know

I found one case that Noble Gold was involved in while I was researching this piece. It’s been over 6 years since then.

This case talks about Noble Gold Ltd, which is not the same as Noble Gold Investments, which is a gold IRA business. This business, is not a gold IRA business.

They are two very different companies.

The only other case Noble Gold Investments (the company that runs gold IRAs) have been in is right below the picture.

Notice how the lawsuit is based in Singapore. It is not related to Noble Gold Investments, the gold IRA company.

Golden Bull, LLC v. Elliott

Note: Golden Bull, LLC, a California limited liability company that does business as My Noble Gold Investments, is the applicant in this case.

On Monday, lawyers from the company Lewis Roca Rothgerber Christie filed papers to move a case from a state court to a federal court in the Central District of California. The people who are suing are Golden Bull LLC, which does business as My Noble Gold Investments. Evan A. Clark, an attorney, is their lawyer.

The case names Kirk M. Elliott and other nameless defendants and says they are guilty of tortious interference with business and defamation. A person named Lawerence Torres has an advertising deal with Golden Bull that only they can use. Golden Bull wants the court to tell the defendants they can’t do business with Torres without following the terms of the deal.

The case number in federal court is 2:23-cv-06190. The case is called Golden Bull, LLC v. Elliott et al. This is about the case that Golden Bull filed against Kirk Elliott and other people.

Is Noble Gold Investment a reputable Gold IRA company?

Noble Gold Investments is a reputable organization that specializes in gold IRA services. Despite being established as recently as 2016, this firm has quickly established an excellent reputation among its consumers. Many Americans have already expanded their retirement savings with the assistance of this organization.

Noble Gold Investments has a commendable standing on many consumer watchdog websites.

The BBB rating is 4.99 out of 5, ConsumerAffairs rating is 5 out of 5, TrustPilot rating is 4.6 out of 5, and Trustlink rating is 5 out of 5.

Noble Gold Investments Product offerings

Noble Gold Investments offers a variety of precious metals and other products suitable for investors and collectors, including those eligible for IRAs. 

The metals in a gold IRA must meet strict standards set by the IRS, such as 99.5% purity for gold, 99.9% purity for silver, 99.5% purity for platinum, and 99.5% purity for palladium.

On their website, Noble Gold provides descriptions of each featured product, including details about its history, purity, and weight. Some of the products currently available from Noble Gold include:

• 1854 Kellogg $20 gold coins
• America the Beautiful silver coins
• American Eagle gold proofs
• American Eagle gold, silver, and platinum coins
• Australian Kangaroo gold and silver coins
• Austrian Philharmonic gold and silver coins
• Canadian Maple Leaf gold, silver, palladium, and platinum coins
• Credit Suisse palladium bars
• Highland Mint silver rounds
• Junk silver coins
• Morgan silver dollars
• St. Guaden Indian four-piece gold coin set

This diverse range of products caters to different preferences and investment goals, allowing customers to explore options that align with their interests and financial objectives.

Noble Gold Investments’ pricing

Noble Gold Investments, much like its peers in the gold IRA sector, doesn’t provide specific prices on its website. If you’re interested in their products, reaching out via phone or email is necessary to obtain accurate pricing details.

For those considering a gold IRA with Noble Gold, the minimum investment required is $20,000, and there’s an associated $80 annual fee for maintaining the gold IRA. 

Additionally, if you opt to store your precious metals in one of the company’s recommended depositories, there’s an extra annual fee of $150.

If you’re interested in purchasing precious metals without involving a gold IRA, Noble Gold sets a minimum purchase amount of $2,000. 

This information gives potential investors a clear understanding of the entry requirements and associated fees when considering Noble Gold Investments for their precious metal ventures.

Noble Gold Investments Customer Support 

Noble Gold Investments is available to help customers across the United States. While they don’t offer online trading or an investing app, you can apply to their gold IRAs online. However, a follow-up phone call and additional forms are needed.

The company’s customer support operates Monday through Friday from 6:30 a.m. to 6 p.m. PST and Saturdays from 8 a.m. to 1 p.m. PST. You can get in touch with their customer service team through email at [email protected], by mail at 16830 Ventura Blvd., Suite 326, Encino, California, 91436, or by phone at 877-646-5347.

Noble Gold Investments provides a wealth of information on its website, including details about its products like histories, purities, and weights. 

While they don’t list prices online, they have extensive learning materials, such as the “Precious Metals 101” course and the “Gold and Silver Guide,” to help users understand the precious metals markets and gold IRA investing.

Noble Gold Investments Reviews 

Noble Gold receives widespread praise from customers, evident in their impressive ratings across various platforms. With an A+ rating from the Better Business Bureau and an AA rating from the Business Consumer Alliance, the company has earned the trust of its clientele.

Here’s a breakdown of their ratings based on customer reviews:

• Consumer Affairs: 5 out of 5 stars from 694 reviews.
• Google Reviews: 4.9 out of 5 stars from 417 reviews.
• TrustLink: A perfect 5 out of 5 stars from 123 reviews.
• Better Business Bureau (BBB): A high 4.9 out of 5 stars from 139 reviews.

While the majority of feedback is positive, highlighting excellent customer service, a few negative reviews touch on concerns like storage fees and limited non-IRA investment options. 

However, considering the overwhelmingly positive sentiment from over 1,500 customer reviews online, it’s clear that Noble Gold has made a positive impact on its customers, providing a trustworthy and reliable service in the precious metals industry.

Noble Gold Complaints: What do Their Clients Say?

Noble Gold Investments is one of the biggest gold IRA companies in the industry. Although they have received hundreds of positive reviews from

Here’s a complaint by Katie. The customer service did not meet the user’s expectations. The user had high expectations for the company, but unfortunately, they were not met. Despite numerous attempts to contact, there were no responses received. Due to the unsatisfactory service received, the user has decided to close their account with Noble Gold and will not be endorsing the company to others.

Similarly, here’s another Noble Gold complaint:

Here, the reviewer says that there is a lack of concrete legal documentation from Noble Gold or Equity Trust to substantiate the existence of a 401A precious metal IRA. This is a straightforward and factual observation.

After more than 8 months since retirement, the entire structure seems to be in disarray, making it impossible for them to update an address. Any offer of a free coin(s) is never sent, plain and straightforward. Furthermore, the concern arises from the way Noble Gold manipulates reviews by using advertisements.

Also, the reviewer says that it is an organization that specializes in providing excuses for various situations. What is the reason for the failure? Where is the response located? One might consider going to GoldCo for potentially better results, despite their higher fees.

The Noble Gold review below highlights that the customer suffered a significant loss in 6 months. However, that’s not an issue related to the company is concerning the overall market.

Similarly, this reviewer complains about the market but blames it on the company:

Here, the reviewer says that upon receiving the first quarterly statement, it is evident that the total value has decreased by $7,000. When asked about it, Noble seemed unsure of the reason but requested to be informed of any findings. It appears that the value on the statement reflects a “melt down” value rather than the actual spot price value. The user had never heard that mentioned by Noble prior to setting up their account. Informing people of what to expect would provide them with a significant advantage. He suggests improving the visibility of the balance in actual cash value and providing clear updates on whether it’s increasing or decreasing. He wants the account balance sheet explained in simple terms.

More Noble Gold Reviews:

While there are a few complaints against this company, the number of positive reviews outshines them.

Here are a few of the hundreds of reviews this company has received:

In the review below, the reviewer highlights that Micah guided them through the process in a reassuring and transparent manner, understanding the significance of their savings and ensuring their peace of mind throughout the transaction. Noble Gold then proceeded to observe the process as it unfolded, further solidifying our confidence in the decision made.

They are seeking consistent returns on their investment over time.

Sylvia says that Mandi and their team were exceptional! The advice given was reliable and respectful, without any hint of being forceful. The support team was always available whenever there was a question, and their communication exceeded our expectations. The Noble Gold team comes highly recommended for all metal IRA transactions.

In the above review, the client says that working with Mandi Carlson was an exceptional experience that left a lasting impression. The process was explained in a clear and concise manner. The user felt comfortable with their decision to invest. They are excited about expanding their investment portfolio to include more silver and gold.

Certainly, there are a ton of positive Noble Gold reviews online.

Precious Metals IRA Services

Noble Gold helps investors build and protect their wealth through comprehensive precious metals IRA services, focusing on gold and silver IRAs. 

Their expertise in the precious metals industry allows them to guide investors in choosing the right investment options for their needs.

Gold IRA:

Noble Gold’s Gold IRA allows investors to add gold to their retirement portfolios. This self-directed Individual Retirement Account enables the acquisition and retention of physical gold coins or bars that meet IRS standards. 

Investing in a Gold IRA with Noble Gold offers diversification and wealth protection. They prioritize high-quality and cost-effective options, making gold a reliable investment that historically tracks inflation.

Silver IRA:

Noble Gold’s Silver IRA provides investors with secure storage, popular silver investments, and potential applications in various industries. Investing in a Silver IRA offers protection during economic downturns, potential for capital appreciation, and portfolio diversification.

Noble Gold offers different types of silver IRA investments, including American Silver Eagles and Canadian Silver Maple Leaf coins. 

With their Silver IRA services, investors can enjoy the benefits of tangible precious metals while securing and growing their retirement portfolios.

Royal Survival Packs

Noble Gold Investments offers Royal Survival Packs to provide investors with a safety net during uncertain times. These packs come in different amounts, catering to various investment levels, and include a mix of gold coins with different values.

They serve as an extra layer of security for those wanting to safeguard their wealth in times of crisis or economic instability.

Here are the six levels of Royal Survival Packs available at Noble Gold, each requiring a different investment:

• Noble Knight ($10,000 investment)
• Noble Baron ($25,000 investment)
• Noble Viscount ($50,000 investment)
• Noble Earl ($100,000 investment)
• Noble Marquess ($250,000 investment)
• Noble Duke ($500,000 investment)

However, the specific details about the types of precious metals included in each package are not specified by the company.

Getting Started with Noble Gold Investments

Getting started with Noble Gold Investments is a simple process that involves setting up an account and buying precious metals. 

Their easy-to-use website and helpful representatives make it quick and hassle-free for investors to begin their journey toward financial security through precious metals investing.

Account Setup:

Setting up an account with Noble Gold is straightforward. Their website provides educational resources and a contract form to guide you through the process. 

By following the instructions on their website, you can open an account swiftly and start your investment journey. Noble Gold also offers webinars, tutorials, and FAQs to help investors make well-informed decisions and understand the ins and outs of precious metals investing.

Purchasing Precious Metals:

Buying precious metals from Noble Gold involves working with a representative to choose the best products for your investment goals. 

They offer a variety of products, including gold and silver coins, platinum and palladium, and Royal Survival Packs, giving you plenty of options for diversification and wealth protection. As a Noble Gold investor, you can trust in the quality and value of your assets.

With the guidance of their knowledgeable representatives, investors can confidently select precious metals that align with their financial goals and risk tolerance. This ensures a more secure and prosperous financial future for those who choose to invest with Noble Gold.

Conclusion 

In summary, Noble Gold Investments is a trustworthy and reliable company in the precious metals IRA field. They offer a wide range of services, diverse investment products, and fair fees, making them a solid choice for investors. 

With their helpful representatives, great customer service, and commitment to being transparent, investors can rely on Noble Gold for guidance on their path to financial security through precious metals investing.

When compared to other precious metals IRA providers, Noble Gold has its pros and cons, especially in areas like customer service, product variety, and fees. While it’s crucial to explore different providers before deciding, many investors find that Noble Gold stands out as a top pick in the industry.

Noble Gold IRA: Frequently Asked Questions

Q. Is Noble Gold a good investment?

Yes, Noble Gold is considered a good investment. It has an A+ rating from the Better Business Bureau, transparent fees, secure storage facilities, and offers a variety of precious metals products. This makes it a reliable option for those seeking to diversify their retirement portfolios with gold IRAs.

Q. What is the minimum investment for Noble Gold?

For direct purchases of gold and silver, the minimum investment is $2,000. If you’re rolling over your 401(k) or IRA to gold, the minimum investment is $20,000. Noble Gold Investments provides options in gold, silver, platinum, and palladium coins.

Q. How does Noble Gold Investments work?

Noble Gold Investments allows customers to invest in gold through an IRA-approved process. You can easily purchase gold bars and coins for your gold-backed IRA.

Q. Who owns Noble Gold Investments?

Noble Gold Investments is owned by Collin Plume and Charles Thorgren. Both are industry veterans with extensive investment experience. The company is based in Pasadena, California.

Q. What types of precious metals does Noble Gold offer for investment?

Noble Gold offers investments in gold, silver, platinum, and palladium coins and bars. This variety allows investors to diversify their portfolios effectively.