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Silver Gold Bull – Good Precious Metal Dealer? Read Our 2024 Review.

Image Credit: SilverGoldBull.com

Silver Gold Bull (www.silvergoldbull.com), not Gold Silver Bull as some refer to it, is an international precious metal company headquartered in Calgary, Alberta that has expanded to cover all of North America in recent years. Today, Silver Gold Bull is one of the largest gold retailers in the world, with over 3 billion dollars in physical precious metals sold.

Quick Facts:

  • Year founded: 2009
  • Phone: (877) 707 4707
  • Founders: The Belandis Family
  • Headquarters: Calgary, AB.
  • Service Hours:  MON-FRI 7:30AM – 7:00PM MT. SAT 10:00AM – 4:00PM MT.
  • Pricing: Competitive. Best Price Guarantee in place.
  • Insurance: Yes. Tracking, signature & insurance on every order.
  • BBB Rating: A+
  • Methods of Payment: Credit Card, PayPal, Interac, Bitcoin.

Silver Gold Bull operates mainly through their website www.silvergoldbull.com. The company is the largest bullion dealers in Canada and is also the leader in helping people buy gold through their RRSP, TFSA and other registered accounts.

Among all the Canadian gold dealers we reviewed, Silver Gold Bull also has some of the best prices and one of the largest selections of gold, silver and platinum coins and bars. They have products on special on rotation, so make sure you ask which products are on special when you’re interested in buying. When we called, the Valcambi gold bar was on special.

As a high standing member of the Better Business Bureau (A+ rating), they have a solid reputation for customer service and a low price guarantee. Silver Gold Bull has grown from a small silver dealer in Calgary to one of North America’s largest dealers. Today, they buy and sell gold, silver, platinum, palladium, rhodium and copper coins and bullion as well as gold and silver jewellery and even diamonds.

Silver Gold Bull Customer Reviews and Ratings

Below, we’ve aggregated all of the customer reviews and ratings we have found across the internet regarding Silver Gold Bull. As you can see, the company boasts an impressive review profile across the board:

Based on all reviews we found online, we couldn’t find any serious red flags or negative reviews that caught our attention. Thousands of verified customers and reviewers indicate that Silver Gold Bull is the real deal and isn’t in the business of scamming their clientele.

Silver Gold Bull Management Team

Silver Gold Bull is transparent regarding their management team and the personnel behind their website. We’ve listed their publicly listed executive team below:

  • Bobby Belandis: President & Co-Founder
  • Aline Kirkevich: Head of Finance
  • Nikolas Morianos: Managing Partner
  • Mihali Belandis: Managing Partner
  • Lauren Suranko: Purchasing Specialist

The data on Silver Gold Bull’s management team is sourced from the company’s Datanyze page, which also lists that the company does $7.8M USD in gross annual revenue and has a total of 40 employees.

Silver Gold Bull’s Most Popular 2024 Products

We strongly recommend checking out Silver Gold Bull’s website to see which coins and bullion products are on special. These items have the highest metal content at the lowest premiums, so they tend to be a hit with investors and collectors alike.

At the time of writing, for example, the Asahi gold bullion bar is on promotion for $1,974 per ounce, which is only about a 5% premium on an extremely pure, reputable and high-quality bullion bar. Evergreen products that are popular year-round include:

1 oz Royal Canadian Mint New Style Gold Bar

1 oz Royal Canadian Mint New Style Gold Bar

1 oz 2022 Canadian Maple Leaf Silver Coin

1 oz 2023 Canadian Maple Leaf Silver Coin

1 oz Random Year Canadian Maple Leaf Gold Coin

1 oz Random Year Canadian Maple Leaf Gold Coin

These are some of the most popular gold and silver products for sale in 2024 not only in Canada but in the United States as well. The Royal Canadian Mint’s Maple Leaf series have been popular for decades and the 2023 edition of these products are certainly amongst the most popular precious metals items worldwide.

See latest pricing of these products on the Silver Gold Bull website.

Ready to Add Gold and Silver to Your RRSP or TFSA?

Silver Gold Bull recently initiated a program that services Canadians who want to include physical gold and silver in government registered accounts, such as RRSPs or TFSAs. They became a registered dealer with Questrade and began to offer a selection of gold and silver that meet the government’s requirements to be included registered accounts.

If you wish to buy bullion for your RRSP through Silver Gold Bull, you must first open a self-directed registered account with Questrade. If you want to sign up for Questrade today, you can do so at this direct access link here.

Once you’ve registered with Questrade, open an account with Silver Gold Bull and then fill out an authorization form for linking it to your Questrade RRSP. This is a simple process that Silver Gold Bull can walk you through from start to finish. Best of all, there are no fees for opening either of these accounts.

Because the bullion program uses U.S. dollars,  you will need to fund your Questrade with a minimum of USD $1,000. Questrade converts their account holders’ balances to USD, so there will be exchange fees incurred.

Putting the Finishing Touches on Your Silver Gold Bull Questrade Account

Silver Gold Bull will send a confirmation when the accounts are set up and you can then start purchasing bullion.

Purchases and sales must be completed over the phone during regular office hours: (877) 707 4707.

To make a trade, you simply call Silver Gold Bull and talk to a sales representative, who will then debit or credit your Questrade account the following day.

You will receive an email to confirm your trade and another confirmation when your bullion is shipped to their proprietary Brink’s storage facility in Ontario. This is an IIROC-approved facility.

Storage costs are 1% of the market value of your bullion per year, which is broken down into monthly payments based on the value of your holdings on the last day of each month. The fees can come out of a separate margin account at Questrade, or simply be deducted from your Questrade RRSP account.

Selection of Bullion

A selection of RRSP eligible gold and silver are available on Silver Gold Bull’s website.  They offer gold maple leaf coins in 1/4 oz, 1/2 oz and 1 oz denominations as well as the Royal Canadian Mint 1 oz gold wafer bar. Silver coins must be purchased in tubes of 20-25 coins. They offer 1 oz silver maple leaf coins and  1/2 oz Calgary stampede silver coins (shown to the left) as well as a 100 oz silver bar from the Royal Canadian Mint. You can also buy ‘monster’ boxes of coins that hold either 500 1 oz coins or 240 1/2 oz coins.

Fees and Fine Print

Silver Gold Bull is one of the most cost effective options, if not the most cost effective option, for adding physical silver and gold to your RRSP. The larger your order, the smaller the commission payable by the customer, in addition to Questrade’s commissions of $19.95/trade, which is priced into the bullion premium.

When you buy for your Questrade account, you pay slightly more than the prices shown online. There is also an inactivity fee of $19.95/quarter that applies to accounts under $5,000 that do not make any trades. The storage fees are competitive and in-line with other dealers working with Brink’s Canada.

At present, the storage and insurance fees cost approximately 1% per year of the account value. Beyond that, SGB’s bullion prices are about $120 USD over spot on special sale, and about a 5% premium for gold and $4-5 above spot for silver items. For collector’s items, they charge about $130 to 200 over spot.

In our books, this is about standard for premium bullion. Considering their speed of delivery, customer service track record, and comprehensive insurance, we consider their prices to be more than reasonable.

Silver Gold Bull Mint Rating & Complaints

Founded in 2006, Silver Gold Bull focuses on educating investors about precious metals and providing the best prices at the lowest premiums on a large selection of bullion.

  • BBB Rating: A+ (Details)
  • BBB Compaints:Complaints in the past three years. (Details)
  • Google:  Not Rated (Profile)
  • Facebook: 4.2 out of 5 stars based on 295 reviews. (Profile)
  • SiteJabber: Not Rated (Details)

Silver Gold Bull Storage Information

Cost: 0.5% Annually 

  • Double audited & insured
  • Safe – secure – private
  • Zero counter-party risk
  • Vault located in Calgary, Alberta, with a second soon to open in Etobicoke, Ontario

Want to Sell Your Metals? SGB Offers a Buyback Program.

One of the best aspects of shopping for precious metals with Silver Gold Bull is that they offer a no-hassle buyback program. Simply call Silver Gold Bull and inform the representative on the phone that you would like to liquidate your precious metals previously bought through their platform. They will then purchase the metals at the spot price of the day.

The proceeds from the buyback sale will be sent to the seller’s Questrade account. This ensures that there won’t be any tax implications until the seller decides to withdraw from their account.

Silver Gold Bull Shipping and Delivery Information

All orders ship fully insured and all orders above $99 ship for free. For orders below $99 shipping is $6.95. There is a $60 transaction fee to facilitate any withdrawal or delivery of bullion.

Your order will pack within 2 business days of cleared payment. We make sure you get your product, and that means your orders are shipped with reputable, global carriers and always include tracking, signature and insurance. As a rule, Silver Gold Bull maintains for a 5-day delivery policy, but often aim for even speedier shipment times. Ultimately, the weight, distance, and value of the item(s) determine their shipping speed.

Secure, safe and anonymous packaging

All of their shipments are securely packed and anonymously labelled, with no disclosure of the contents or value of the package. All shipments are packaged to maximize protection of your investment.

Tracking numbers are issued for every delivery

All packages leaving the facility are issued a tracking number that allows both parties to follow the shipment through the delivery process. You will receive an email  containing your tracking number when the shipment leaves the facility. This allows you to follow your investment through every portion of the delivery. In addition, you can also access this tracking number by logging in to your account on the Silver Gold Bull website, entering your dashboard and clicking the view button for the order. The dashboard section also allows you to follow your order through every stage of the process after you have placed it.

Fully insured for the value of the contents

Your investment represents your hard earned savings, and you can have complete confidence in knowing that all packages leaving the facility, regardless of value, are insured for their full value. In the extremely unlikely circumstance that something happens to your package, rest easy, you are fully covered. All of the shipments require a signature in order for you to receive delivery. If you have instructions on file with a carrier that they are to leave deliveries on your doorstep without a signature we cannot be responsible for your package, and insurance will be void. Once your package has been signed for, insurance is no longer valid and your investment is safe in your hands!

Silver Gold Bull Corporate Headquarters Location:

5 Comments on Silver Gold Bull – Good Precious Metal Dealer? Read Our 2024 Review.

  1. I have bought some Canadian maple leaf gold coins from Silver Gold Bull before and I have no complaints whatsover. I am shopping for some silver now and I might give them a try again. Not sure yet if I will open an RRSP account or do a cash deal and hold the silver at home…

  2. I have purchased some silver from them. It works well but wish I could buy in lesser quantities. Shipping is reliable and easy.

  3. Great Service! The annual pricing for storage is affordable and customer service is teriffic.

  4. Outstanding dealer, I’ve completed 4 orders with them and everything came in a timely matter, well packaged and secured. Prices are very competitive and I like to take advantage of the free shipping over $500. BUY WITH CONFIDENCE!

  5. Easy ordering process with great user interface. Huge inventory and Ships crazy fast! Best prices I can find. Buy with confidence..
    Loyal customer

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