Goldbroker Review

December 22, 2021
Written by Peter Anderson

GoldBroker is a leading gold broker company with over 25 years of experience in the industry. The company has been providing clients with excellent customer service, competitive prices, and high-quality products since its inception in 1989. Gold brokers offer an extensive range of products to suit any client's needs including bars, coins, or bullion.

GoldBroker Quick Summary

3.5 / 5

GoldBroker is a gold and silver bullion dealer headquartered in Florida with additional offices.

GoldBroker specializes in offering professional and discreet shipping services for all products.

They have been in business since 1989, and they aim to deliver the best possible customer service while providing competitive pricing on their goods.

Year GoldBroker was founded


Annual Fees charged

depends on investment size

Does GoldBroker Support 401(k) or Roth IRA?


Assets supported by GoldBroker

Silver, Palladium, Gold

To begin with, let's learn about the company behind the brand. GoldBroker is an intermediary between you and your gold dealer. It means that they provide their services as a platform where multiple Sellers (including local and international jewelers and pawnbrokers) can list their products. You then choose which product you like and place your order with GoldBroker.

They then act as the middleman between you and the Seller, ensuring that you receive your product, while also checking its authenticity to ensure they are not selling any counterfeit products on their website.

Goldbroker Advantages

One of the main advantages of GoldBroker is that, unlike other companies, they offer free shipping. It means customers don't have to pay any extra fees. Other companies may charge an additional fee for delivery or guarantee the product only in certain places frustrating for clients who live in areas where security isn't the best.
GoldBroker offers a wide variety of products including bars, coins, and bullion. Each product is made from a separate mint or refinery and varies in price depending on the company's current rates at the time.

Another advantage of GoldBroker is that they have great customer service. Reviews on both TrustLink and non-affiliated websites show that some customers waited only an hour before their phone calls were answered by customer service.

It is significant as some companies give customers a call back whereas others reply to emails which can be frustrating for clients who require immediate help.

Goldbroker Disadvantages

Unfortunately, there are also some disadvantages to utilizing GoldBroker.

First of all, they charge a hefty premium for their products which means that clients who buy items from them will pay an extra fee compared to what other companies may offer.

For example, one GoldBroker customer paid almost 20% more for his order than he would have if he'd bought from another company.
Secondly, some of GoldBroker's products are sold at a higher price compared to other sites which means that their prices change often.

It can be very inconvenient as it is difficult for clients to monitor rates and make sure they aren't overpaying.

Finally, there have been complaints about GoldBroker's website being difficult to navigate which can also be frustrating for clients looking to purchase products.

Company Information & Background

GoldBroker was founded in 1989, and has been offering high-quality products at competitive prices ever since.

The company is a worldwide firm with additional offices throughout the United States, Europe, and Asia.

GoldBroker offers numerous products such as gold bars, coins, and bullion. Some of their most popular items include gold bars which come in a wide range of weights up to 100 ounces.

They also offer several silver coins, American Eagle coins, Canadian Maple Leaf coins, and many more. Additionally, they have bullion items for sale ranging from 1-ounce bars to kilobars.

GoldBroker guarantees discreet shipping of its products all over the world which are delivered within 24 hours of purchase.

GoldBroker Custodian and Storage Services

GoldBroker offers a unique and convenient storage service called GoldBroker Custodian Services. It means that clients who utilize the company's services won't have to worry about storing their gold or silver since they can be left in the care of GoldBroker until the client wishes to sell them.

The company can offer this service thanks to its high-tech security system, which includes cameras and several bodyguards.

The company's facilities are fully secured, and clients can rest assured that their products will be safe with GoldBroker at all times.
GoldBroker Custodian Services contain three different options for clients who want their products stored in the highest possible safety.

The first option is called One Safe Deposit Box which includes usage of one personalized safe deposit box for as long as the client's order exists. 

The second option is Two Safe Deposit Boxes, and it comprises two safe deposit boxes for as long as the client's order exists. 

The final option is simply known as Full Custodian Services and it contains everything that both of the previous options include with the addition of a staff to oversee security, recording, and retrieval whenever necessary.

GoldBroker Products

GoldBroker's products range from gold bars and coins to bullion.

All of their items are guaranteed authenticity, and they offer a vast number of sizes when it comes to their gold bars. The company offers all kinds of different American Eagles, Canadian Maple Leafs, Chinese Pandas, South African Krugerrands, Mexican Libertads, and many more to clients.

Coins are available in a wide range of weights, and they include American Eagles, Canadian Maple Leafs, Australian Kangaroos, Austrian Philharmonics, Chinese Pandas, and many others.
GoldBroker also offers several bullion products including

  • one-ounce silver bars 
  • 10 oz silver bars 
  • 2 oz silver bars 
  • 1 oz gold bars 
  • 10 oz gold bars 
  • 50 oz gold bars 
  • 100 oz gold bars 
  • kilo gold bars 

Additionally, they offer 100-gram gold bricks and 1000-gram gold bricks depending on the client's needs. GoldBroker guarantees these products to be in .9167 fine purities.

Fees for Services and Products

The company offers its services at very affordable prices with most options for storage including fees of less than $15 per month. 

Shipping rates are also fair and reasonable, with rates beginning at just under $20 for one-ounce bars and gold coins. Additional security is offered for just a few dollars more.
GoldBroker doesn't charge extra commissions on their products beyond the spread, which is usually around one percent.

It means that clients receive a price as close as possible to the product's spot price. GoldBroker Reviews from Customers Around the World

The company has received several reviews and testimonials over its tenure, and each of them contains positive feedback on GoldBroker's services and products.

Customers are happy with the prices they can receive, which are always very close to the market price according to my research, and they also enjoy the ease of use GoldBroker offers.