Acre Gold is shaking up the traditional methods of investing in precious metals with its unique subscription-based service. Acre Gold was founded by fintech veterans and is headquartered in Santa Monica, CA, and Boise, ID.
The company allows investors to purchase gold through a layaway program, offering fractional buys until the entire bar is purchased and shipped directly to the customer.
For those who have always wanted to invest in gold but found the barrier to entry too high, Acre Gold may be the perfect solution. In this Acre Gold review, we’ll take a closer look at the platform’s features and benefits to help you decide if it’s the right choice for your investment portfolio.
Why Invest In Gold?
If you are looking for long term stability, gold is a safe and reliable investment. It can appreciate in value when the stock market dips and serves as an effective hedge against inflation. Before, the main drawback of investing in Gold was high capital requirements. But Acre Gold allows investors to invest in gold without the high upfront costs.
Acre Gold Pricing
Acre Gold offers several subscription plans, allowing investors of all budget sizes to easily invest in physical gold. The platform has a one-time $12 signup fee and charges shipping and fulfillment costs each time gold is sent to you.
Acre Gold offers outright purchases for a 2.5-gram gold bar, which is available for $226.62.
For those who prefer not to store gold themselves, Acre Gold also offers “Digital Gold.” With this subscription, you can finance a purchase from their gold market, and Acre Gold takes care of storage once you’ve paid off the balance.
Digital Gold storage fees are only $1 per month, but you will still be responsible for shipping costs and any applicable taxes. Digital Gold offers three subscription plans: the Acre Digital Gold (2.5 grams/0.08038 oz) plan, costing $50 per month; the Acre Digital Gold (5 grams/0.1607 oz) plan, costing $100 per month; and the Acre Digital Gold (10 grams/0.3215 oz) plan, costing $250 per month. Acre Gold’s subscription plans are designed to be accessible to investors on a budget, with the 1G and 5G plans being the most popular among users.
The 2.5-gram bullion subscription is a quality bar of metal polished with an illustrious mirror finish, perfect for new gold investors. The 5-gram subscription is a fair middle ground between the 2.5 and 10-gram bullion and comes with tamper-evident packaging, a soft-touch box with a display drawer, and 5 grams of 99.9% gold with a single stamped Acre logo.
For those who want to get as much gold as they can, the 10-gram bullion subscription is the largest subscription plan available. It is possible to upgrade plans.
Can I Convert My Digital Gold Into Physical Gold?
If you have invested in Acre Gold’s digital gold subscription and are wondering whether you can sell your gold later on, the answer is yes. You can do it either partially or in full via the website or by sending an email to the company. However, if you’re looking to redeem your gold for cash, there’s a short process to follow.
It’s important to note that redemptions are only offered in physical gold, meaning you’ll have to take that extra step to sell it yourself if you want to convert it to cash.
To get started, you will have to submit your redemption request and wait for Acre Gold to provide a quote for the redemption price. Be aware that the quote may not be equal to the current spot price, so you might not be getting the best price possible on the open market.
If you decide to accept the quote, Acre Gold will send your gold shipment via USPS.
It’s essential to keep in mind that digital gold redemptions are still subject to Acre Gold’s shipping and fulfillment fees, so don’t forget to factor those into your decision making process.
Once you receive your redeemed physical gold, the ball is in your court to sell it if you’re looking to turn it into cash.
Is Acre Gold Legit?
Yes, Acre Gold is a legitimate and trustworthy investment platform that offers a subscription-based service for purchasing gold. The gold bars are designed in California and minted in Switzerland, and come with an authentication card certifying their authenticity. The company is also registered with the Financial Conduct Authority, which ensures that it abides by all relevant regulations and safeguards.
Final Thoughts
If you’re looking to invest in gold as part of your long-term financial strategy, then Acre Gold is worth considering. The platform provides a simple and straightforward way to purchase gold bars through its subscription plans. With monthly payments as low as $50, anyone can start building their gold portfolio.
As with any investment, it’s important to do your research and weigh the pros and cons before committing to a plan. Acre Gold is a legitimate and reputable investment platform that provides secure storage and flexible payment options for its clients.
If you’re interested in owning physical gold as part of your investment portfolio, explore the services offered by Acre Gold today. Click Here to sign up and start building your gold portfolio.
