Newport Gold Group review: Is this gold IRA company worth it?

Investing in physical gold and silver can help diversify your portfolio beyond traditional assets like stocks and bonds. Newport Gold Group is one company that helps investors buy precious metals, whether for direct ownership or through a retirement account.

Based in Calabasas, California, Newport Gold Group sells physical precious metals and helps customers set up silver and gold IRAs. In this review, we examine Newport Gold Group’s products, fees, customer experience, and pros and cons to help you decide if it’s the right dealer for you.

Learn more: Best silver dealers of 2026

Newport Gold overview

Founded in 2024, Newport Gold Group is a California-based precious metals dealer offering physical gold and silver for direct purchase or investment through a self-directed precious metals IRA.

Customers can purchase gold and silver for direct delivery or hold IRA-eligible metals in an approved depository. For retirement investors, Newport Gold also helps coordinate account setup and storage arrangements with third-party custodians and depositories.

Newport Gold snapshot

Newport Gold products and services

Newport Gold Group offers a wide range of precious metals products and services, including gold and silver coins, bars and rounds. These precious metals are available for personal ownership or can be added to retirement accounts.

Physical gold and silver

Newport Gold’s product offerings include gold and silver bullion in various forms, including the American Gold Eagle coin, Silver Buffalo Round and Canadian Maple Leaf coins.

If you buy these metals outside a retirement account, you can have them delivered directly to your home. But if you’re using a self-directed IRA, you must follow IRS requirements for eligible products and approved storage arrangements.

Gold and silver IRAs

Newport Gold Group can also help you establish and fund a self-directed precious metals IRA.

With these accounts, you can hold eligible physical precious metals while maintaining the tax advantages of a retirement account

Newport Gold partners with secure custodians and depositories to facilitate IRS-compliant retirement accounts, so you can choose a custodian to manage the administrative side of your IRA. And once you’ve transferred or rolled over funds into your IRA, you can then select and purchase the eligible precious metals. 

Newport Gold Group can guide you through the entire process.  

Precious metals IRA eligibility

Not every gold or silver coin qualifies for an IRA. The IRS generally requires precious metals to meet these minimum purity standards. 

Note that Newport Gold Group mainly promotes gold and silver investments. If you’re interested in platinum or palladium, check whether they’re available directly with the company.

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What does the Newport Gold customer experience look like?

To get started with Newport Gold Group, you’ll need to call the number listed on its website to request a consultation. A representative will walk you through your options, whether you want to purchase precious metals directly or open a precious metals IRA.

Once you’ve selected your metals, you can pay by check or bank wire transfer. If you’re opening an IRA, you may be able to fund it by rolling over an eligible retirement account. Depending on your purchase, you can arrange for direct delivery or storage at an approved depository.

Newport Gold may not be the best fit if you prefer to compare prices and buy precious metals online without speaking to a representative. However, its personalized approach may appeal to first-time investors who want guidance throughout the purchasing process.

Newport Gold fees and pricing considerations

Newport Gold Group doesn’t publish a comprehensive fee schedule, so you’ll need to contact a representative for specific pricing and costs.

The company advertises a Liberty Bundle that includes free account setup, shipping and up to three years of storage for qualifying customers. However, it doesn’t disclose the eligibility requirements online. Be sure to ask about any conditions, ongoing fees and costs that may apply after the promotional period ends.

Newport Gold reputation and customer experience

Newport Gold Group is accredited by the Better Business Bureau (BBB) and holds an A- rating. According to the BBB, the company began operating in February 2024 and received accreditation in September 2025.

Newport Gold has a 5 out of 5-star customer rating on the BBB, although that score is based on just three reviews. Customers praise the company’s friendly, knowledgeable representatives and describe the purchasing process as straightforward and stress-free.

On Trustpilot, Newport Gold has a 3.8 out of 5-star rating based on two reviews. Both reviewers describe positive experiences, highlighting the company’s professionalism and customer service.

While the available feedback is encouraging, Newport Gold’s limited review history makes it difficult to assess overall customer satisfaction or long-term service quality. Prospective customers should consider these ratings alongside the company’s relatively short operating history and conduct their own due diligence before investing.

Newport Gold pros and cons

Make sure you’re aware of these pros and cons before choosing to work with Newport Gold Group. 

Pros

• Rated A- by the Better Business Bureau

• Streamlined buy-back program with zero fees

• Places strong emphasis on investor support and education 

• Free setup fees, shipping and storage up to three years for eligible investors

Cons

• Must call for prices on precious metals products

• Has a short operating history 

• Has a limited number of third-party customer reviews

Newport Gold vs. competitors

Newport Gold isn’t the only precious metals dealer that can help you diversify your investment portfolio. Here’s how the company compares with other dealers on the market:

Bottom line: Is Newport Gold Group right for you?

Newport Gold Group may be worth considering if you want personalized guidance when buying physical gold and silver or opening a precious metals IRA. Its representative-led approach may be especially appealing to first-time investors who prefer hands-on support over an online purchasing process.

However, Newport Gold’s relatively short operating history, limited customer feedback and lack of transparent pricing make it important to do your homework. Before investing, compare its fees, storage options and services with those of other precious metals dealers to determine whether it offers the best value for your needs.

FAQs about Newport Gold

Is Newport Gold Group legitimate?

Yes, Newport Gold Group is an established precious metals dealer accredited by the Better Business Bureau (BBB), where it holds an A- rating. However, the company has only operated since 2024 and has relatively few customer reviews. While its accreditation is a positive sign, prospective investors should independently verify pricing, fees and purchase terms before committing.

Who owns Newport Gold Group?

Newport Gold Group is owned and led by Cody T. Weselis, who serves as the company’s CEO. The company is based in Calabasas, California, and began operating in February 2024, according to the BBB.

What is the minimum investment for Newport Gold Group?

Newport Gold Group doesn’t publicly disclose a minimum purchase or IRA investment requirement. You’ll need to contact a representative to find out how much you need to invest and whether minimums vary between direct purchases and precious metals IRAs.

Does Newport Gold Group charge fees?

Yes, costs may include dealer markups, IRA administration fees and storage fees, although Newport Gold doesn’t publish a comprehensive fee schedule. The company advertises a Liberty Bundle that waives certain setup, shipping and storage fees for qualifying customers. Ask for a written breakdown of all costs before investing.

Does Newport Gold guarantee investment returns?

No. Like other precious metals dealers, Newport Gold Group cannot guarantee investment returns. Gold and silver prices fluctuate, and investors can lose money if prices fall. Dealer markups, storage fees and other costs can also reduce your returns, even when precious metals appreciate in value.

This article originally appeared on Money Group Affiliate: Newport Gold Group review: Is this gold IRA company worth it?

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