Are you looking for a unique and innovative way to invest in gold? Acre Gold might just be what you’re searching for. Based in Santa Monica, this precious metal company and online platform offers a subscription plan for buying gold, allowing you to purchase fractions of a gold bar until you have enough to own the whole thing.
They call it a layaway program, and it makes buying gold accessible to a wider range of investors. Our Acre Gold review will help you decide whether this subscription service is right for your investment strategy. So let’s jump right in!
What Is Acre Gold?
Acre Gold is a company dedicated to providing people with a new and improved method of buying precious metals. Focusing solely on gold, Acre Gold believes that the conventional methods of purchasing gold are outdated and often inconvenient.
Instead, the company offers a subscription service that enables individuals to invest in gold bars by paying a fixed amount every month. This innovative subscription model is a game-changer, offering accessibility to both first-time gold buyers and experienced investors with monthly plans starting from as little as $50.
How Does Acre Gold Work?
To start investing in gold with Acre Gold, simply sign up for one of their four available monthly subscription plans. Each plan has a different fixed monthly membership fee. The amount you pay each month goes towards your savings for the related Acre gold bar.
Once these monthly payments equal the price of the gold bar in your subscription plan, Acre Gold immediately ships the bar to your desired address. Once you receive the bar, you can choose to store it at home or in a trusted location such as a safety deposit box at a bank.
If you don’t want to deal with the gold yourself, Acre Gold can store the gold for you in their vault for a monthly fee as low as $1.
Acre Gold Price
When it comes to the Acre Gold price, there are a few things to keep in mind. First, there’s a one-time $12 signup fee that covers processing costs. Then, each time gold is shipped to you, you’ll need to pay shipping and fulfillment charges, which will vary depending on your physical location. As far as payment options, you can use Visa, Mastercard, or American Express to make purchases and payments.
If you’re looking to purchase gold outright, it appears that Acre Gold only offers a 2.5-gram gold bar for sale. The cost for this bar will, of course, depend on the spot price at the time of purchase. You won’t have to pay a one-time processing fee for this option, but you’ll still be responsible for shipping costs and taxes.
The main appeal of Acre Gold is the ability to purchase grams of gold over time through subscription plans. Acre Gold offers four different subscription plans, ranging from a 1-gram bar for $30 per month to a 10-gram bar for $250 per month. The gold bars are made of .999% gold and stamped with the Acre Gold logo.
If you’re not interested in physically storing gold yourself, Acre Gold’s “Digital Gold” option might be more appealing. “Digital Gold” offers three subscription plans, ranging from a 2.5-gram bar for $50 per month to a 10-gram bar for $250 per month.
Acre Gold Review: The Pros & Cons
Pros:
1. Innovative way to invest in physical Gold
2. Low barrier to entry for those looking to invest in the precious metal
3. Acre Gold offers three subscription plans, allowing investors to choose the plan that best suits their needs and budget.
4. Flexibility in changing subscriptions
Cons:
1. A major downside to Acre Gold is the lack of a customer support number, which can make it difficult to resolve issues or ask questions.
2. Limited Options: Acre Gold only deals in Gold Bars, ignoring Gold coins and all other precious metals.
3. Does not help with the liquidation of physical Gold. Investors must fend for themselves when it comes to converting their Gold to cash.
4. There is no focus on building a community. This is disappointing for members who are looking for a sense of belonging and shared experience with other investors.
Acre Gold Alternatives
If you have read this far in this Acre Gold review and are scared off by some of the drawbacks, you’re in luck because there are some great alternatives.
If you like Gold coins instead of bars, BGASC is a fantastic option. They have low minimum purchase requirements and free shipping for orders over $199. To read more, take a look at this BGASC review.
If you are looking for the most options and flexibility in your precious metals investments, Money Metals Exchange could be your best choice. They offer storage and loans for platinum, gold, silver, copper, palladium, and rhodium. To learn more about them, check out this Money Metals Exchange review.
Is Acre Gold Right For Me?
When considering whether Acre Gold is right for you, it’s important to weigh the pros and cons. Acre Gold offers a low barrier to entry, flexible subscription plans, and a referral program, making it an accessible option for those interested in gold investing.
On the flip side, Acre Gold lacks a clear path to liquidation and has limited customer service. The lack of gold coin options may also be a drawback for some investors. But one thing that is for sure, is that Acre Gold is Legit.
If you want to be a part of this industry-disrupting company, Click Here to get started today.
