- Site: ProvidentMetals.com
- Location: Dallas, TX
- Phone: (877)-429-8790
Provident Metals is a gold bullion dealer who sells precious metals online through the use of their website; ProvidentMetals.com. The company stocks a wide selection of gold bars minted by reputable producers from across the globe and in a number of different sizes as well. Founded over five years ago, today, Provident often comes into the conversation when deciding where to buy gold bars online. Read on as we review their bullion selection, pricing and customer service to see how they stack up to the rest.
Provident Metals Gold Bar Selection
Provident Metals offers gold bullion bars from sizes of 1 gram to 1 kilogram with a good variety in between. These bars are available in other sizes of 2.5 gram, 5 gram, 10 gram, 20 gram, 25 gram, 50 gram, 100 gram, 1 ounce and 10 ounce. The company only stocks bullion produced by reputable and trusted manufacturers which helps them ensure that each bar is truly authentic.
When viewing the Provident Metals website you can view their full selection of gold bars pretty easily by clicking the “gold” tab on their main menu and then click the “private bullion” section. From there you can sort gold bars by brand and size. ProvidentMetals.com is very easy to navigate through and is one of the more user friendly bullion websites online with a nice layout.
Provident Metals Gold Bullion Pricing Review
Provident Metals appears to have reasonable pricing on many of their gold bars. For example, at the time of this review they were selling 1 oz PAMP Suisse Gold bars for as low as $22.95/oz over spot (for 100+ quantity discount). Their 1 gram PAMP Suisse gold bars were listed at $10/gram over spot with their kilogram gold bars selling for as low as $5.95/oz over spot.
On their website, they use up to date live pricing which changes ever few seconds and displays the live gold, silver, platinum and palladium price.
Provident also offers bulk discounts on some of their gold bars if you plan on buying a large amount of bullion. They offer free shipping on large orders but to qualify for this your order must be over $5,000. Purchases from 0-$249 are $5.95, $250-$499 are $8.95 and purchases from $500-$4,999 are $11.95.
Brands of Gold Bars Available at Provident Metals
ProvidentMetals.com sells a fair amount of gold bullion offered by many well known mints located in the USA, Switzerland, Australia, and also have their very own 1 oz Provident Gold Bars. Below is a full list of the brands of gold bars that they are currently selling:
- OPM Metals
- NTR Metals
- PAMP Suisse
- Credit Suisse
- Royal Canadian Mint
- Sunshine Mint
- Johnson Matthey
- Perth Mint
- Engelhard
Other Types of Gold At ProvidentMetals.com
Aside from gold bars, Provident also sells a number of both gold bullion coins and pre-1933 US gold coins. The gold bullion coins they sell are produced by governments in all parts of the world and are available in many sizes from 1/20 ounce to 1 ounce. Listed below are all of the gold coins that they sell:
- American Gold Eagles
- American Gold Buffaloes
- Pre-1933 Gold coins
- Gold Maple Leafs
- Gold Krugerrands
- Gold Pandas
- Gold Philharmonics
- Gold Pesos
- Perth Mint Gold Coins
- Gold Sovereigns
- Gold Kronors
- Gold Rubles
Customer Service
Provident Metals provides customer support over the phone Monday-Friday 8am-6pm CST. Their customer service staff has a broad knowledge of gold bars and the markets. They also provide assistance to customers over email with specialized email boxes where you can either ask them about bullion and coins or check on an existing order.
Provident Metals Gold Backed IRA
Provident Metals offers a precious metals IRA program where you can purchase gold bullion as part of your retirement plan. They have a staff of IRA specialists with a deep understanding of self-directed IRA’s and precious metals.
Shipping Times
When ordering from Provident, the time it takes for your order to ship will depend on which method of payment you use to pay. When paying with a bank wire or credit card, they advertise that orders ship within 3-5 business days. Paper checks or cashiers checks take about 6-10 days to ship. From their they typically ship packages through USPS, UPS and FedEx or Brinks in some rare cases.
Conclusion
When buying gold bars online, Provident sells a fair selection of bullion products to pick from. Their shipping is reasonable and they have average pricing. Because of their clean track record they are definitely one to consider, however there are definitely cheaper options out there. They do use a secure checkout process and accept many payment options.