TD Bank (TD:TO) is one of Canada’s big five commercial banks, and one of the country’s largest by assets. The bank operates over 1,100 branches in Canada under the TD Canada Trust brand, plus thousands of ATMs, and serves millions of customers nationwide. TD Precious Metals is TD’s bullion platform for Canadians who want to buy physical gold, silver, or platinum through a familiar bank-backed channel.

But is it actually worth buying your gold, silver, or platinum through a big bank like TD? Below is a practical breakdown of TD Precious Metals, the real pros and cons, purchase limits, storage options, what they sell, and what to consider if you’re planning to hold metals inside an RRSP or TFSA.

TD Bank's Precious Metals

The bank’s roots go back to the Bank of Toronto, founded in 1855, and the Dominion Bank, founded in 1869. In 1955, the two banks merged to form the Toronto-Dominion Bank. Today, it’s known as TD Bank Group, or simply “TD.”

TD offers the three main precious metals to its customers: gold, silver, and platinum. You can buy physical products like coins and bars through TD Precious Metals, and you can also get precious-metals exposure through securities like mutual funds, certificates, ETFs, or mining-related investments through TD’s investing channels.

For registered accounts, the key thing to understand is eligibility. Buying bullion personally is not the same thing as holding physical gold or silver inside an RRSP or TFSA. The CRA has rules around what can be held in registered plans, and purity standards matter. If you’re building a plan around RRSP/TFSA precious metals, read this first: step-by-step guide to setting up a gold RRSP, and also this comparison: TFSA vs RRSP: where to put your money and your gold.

For a plain-English overview of precious-metals marking and standards in Canada, the Competition Bureau’s guide is also useful: Precious Metals Marking Act & Regulations.

TD Bank Metals: Pros & Cons

🟢 Pros:

• Wide selection of bullion products, including gold, silver, and platinum
• Backed by a major Canadian financial institution
• Online buying is convenient for existing TD clients
• Delivery options may include home delivery, branch pickup, or TD Secure Storage
• Option to get precious-metals exposure physically or through paper/investment products
• Some products may qualify for free shipping or volume-style pricing, depending on the order and current TD terms

🔴 Cons:

• Purchase limits can be restrictive depending on your verification/client status
• Premiums can be higher than dedicated bullion dealers, especially on popular coins or smaller products
• Platinum selection is usually thinner than gold and silver
• Physical metals in an RRSP/TFSA require the right custodian and storage structure, not just a regular online bullion order
• Some buyers prefer dealers that specialize only in bullion for service, selection, and comparison shopping

TD Precious Metals vs Dedicated Bullion Dealers

Physical Purchase Limits

TD’s bullion inventory is sold online through the TD Precious Metals shop. One important practical detail is that online buying limits depend on your customer and verification status. In other words, the limit is not the same for everyone.

In recent updates, TD has listed purchase limits along these lines:

• Non-TD customers: typically capped around CAD $2,999.99 per 24-hour period
• Verified.Me / Interac verification: higher daily limits, commonly shown around CAD $9,999.99
• TD clients: higher limits, commonly shown around CAD $24,999.99

These limits can change, so treat the current checkout screen as the source of truth. If you’re hitting a cap online, TD may encourage buyers to use a branch route for larger transactions. You can locate a branch here: TD branch locator.

Does TD Offer Precious Metals Storage?

Yes. TD promotes a service called TD Secure Storage, which allows eligible TD Personal Banking customers to buy precious metals without taking physical delivery. Instead, the metals can be stored through TD’s secure storage program.

This can be useful if you do not want to store bullion at home, worry about delivery logistics, or prefer a bank-managed storage option. TD also mentions that selected products stored through TD Secure Storage are held in a secure, fully insured environment through a vault partner.

That said, storage is not the same thing as automatically holding physical bullion inside an RRSP or TFSA. If your goal is registered-account ownership, you still need to confirm the custodian, account structure, eligible products, fees, and storage rules before buying.

One practical detail: TD’s Secure Storage terms indicate that withdrawal and delivery instructions may require an in-person request at a TD Canada Trust branch in Canada. TD also says it will use reasonable efforts to arrange delivery after a valid withdrawal request, but delays may occur. That is worth knowing before you choose storage instead of direct delivery.

TD Precious Metals Bullion

TD sells gold, silver, and platinum bars and coins through its online shop. Their largest selection is typically in gold and silver. Platinum is usually more limited, which is normal across many retailers.

Product availability note: The examples below are not a live inventory list. TD’s product lineup, prices, product URLs, shipping options, storage eligibility, and availability can change frequently. Always check the current TD Precious Metals listing before making a purchase decision.

TD Gold Bars

TD offers gold bars in multiple sizes, from very small fractional units up to larger bars. Below are examples you may see listed, although availability changes frequently:

1/100th Ounce Scottsdale Gold Bar

This is a fractional gold bar option often used for gifts or small starter buys. Pricing changes constantly with spot price and premiums, so treat the live TD listing as the source of truth.

1 oz Britannia Gold Bar

A classic 1 oz bar format. Again, spot price moves daily, so prices on bank and dealer sites will move with it.

1 kg Royal Canadian Mint Gold Bar

A large-format bar that tends to appeal to higher-allocation buyers. These are typically the kind of purchases where online caps and secure storage options matter most.

TD Silver Bars

TD sells silver bars in common investor sizes. Here are two examples you’ve highlighted:

10 oz Royal Canadian Mint Silver Bar

10 oz bars are a popular middle ground for stacking silver while keeping premiums more reasonable than very small silver products.

100 oz Royal Canadian Mint Silver Bar

100 oz bars can offer lower premium-per-ounce, but they’re less flexible to sell in smaller chunks later. They also require more careful storage planning because of size, weight, and resale logistics.

TD Platinum Bars

Platinum is usually a smaller category for most retailers. TD often lists a more limited set of 1 oz options compared with gold and silver.

1 oz Platinum Bar Valcambi

Valcambi bars often ship with assay packaging to help with verification and resale confidence. As with gold and silver, check the live TD listing for current availability and delivery or storage eligibility.

TD Gold, Silver, & Platinum Coins

TD Metals offers coins in various sizes. If your goal is registered-account inclusion, make sure you’re clear on what your custodian and plan structure allow. A lot of confusion happens here because buying a coin personally is not the same as placing eligible physical bullion inside a registered plan. For a broader physical vs paper comparison, you may also want to read our guide to physical gold vs paper gold.

Gold Coins

TD often lists multiple sizes of Gold Maple Leafs and other sovereign coins. Example:

1 oz Gold Maple Leaf Coin

Silver Coins

TD lists silver coins from 1 oz to larger formats depending on release availability.

2 oz Silver Coin – Smilodon Sabre-tooth Cat

Platinum Coins

Platinum coins are usually limited compared with gold and silver. Example platinum Britannia fractional:

TD Precious Metals Delivery, Pickup, and Shipping

TD generally presents three broad paths for physical precious metals purchases: delivery to your address, pickup at a local TD branch, or TD Secure Storage where eligible. The exact options can depend on the product, your location, your customer status, and current TD policies.

Shipping timelines can change during periods of high demand. Some TD product pages note that orders can take many business days to be packed and shipped, with additional time once the package is in transit. For that reason, I would not assume bullion will arrive quickly just because it is listed online. Always review the current delivery note on the specific product page before buying.

For larger purchases, delivery logistics matter. Think about signature requirements, insurance, whether someone will be home to receive the package, and where you will store the bullion after delivery. If those details make you uncomfortable, TD Secure Storage or a third-party vaulting solution may be worth comparing.

TD Precious Metals Fund, Certificates, ETFs and Other Paper Exposure

Another way to get precious-metals exposure is through securities and investment products. This gives price exposure without worrying about physical storage, shipping, insurance, or delivery logistics.

TD also points investors toward non-physical precious-metals exposure, including ETFs, exchange-traded receipts, company shares, mutual funds, and TD Wealth certificates. These can be easier to hold inside a brokerage account, but they are not the same as owning specific coins or bars.

TD Precious Metals Fund

TD also manages an in-house precious-metals mutual fund. The fund’s objective is long-term capital growth by investing directly in gold, silver, and platinum situated in Canada, deposit receipts and certificates evidencing those commodities, and securities of companies involved in the exploration, mining, and production of precious metals and stones.

That makes it different from simply buying a Gold Maple Leaf or a gold bar. Depending on the fund’s holdings, you may be exposed to bullion, certificates, mining companies, royalties, and broader equity market risk. If you’re researching alternatives and comparisons, these internal pages are also worth reading: gold mining stocks guide and Cache Metals review.

Note: The fund holdings image above reflects a past snapshot and may not show the fund’s current holdings. Always check TD Asset Management’s latest fund facts or portfolio documents before making an investment decision.

How to Open an Investing Account

You can open both a Self-Directed TFSA or a Self-Directed RRSP through TD. That may work for paper exposure like eligible securities, but it is not the same as buying physical bullion for registered-account storage.

If your plan is specifically to hold physical metals in a registered structure, this is the most important internal primer to read first: how to buy gold in Canada. It explains the bigger picture, including the difference between personal bullion ownership, ETFs, mining stocks, and registered-account precious-metals structures.

Can You Hold TD Precious Metals Inside an RRSP or TFSA?

This is where buyers need to be careful. You generally should not assume that buying a coin or bar from TD’s online shop automatically makes it eligible for your RRSP or TFSA. Physical bullion inside a registered plan usually requires a specific custodian, approved storage, eligible products, and proper plan administration.

Paper exposure is different. For example, mutual funds, ETFs, exchange-traded receipts, or eligible securities may be available through self-directed registered accounts, depending on the product and account provider. But again, that is not the same thing as owning specific coins or bars in a registered-account vaulting arrangement.

The simple rule: decide first whether you want physical ownership, registered-account physical ownership, or paper exposure. Then choose the buying route that actually matches that goal.

Does TD Buy Back Gold and Silver?

Buyback is an important part of the decision, because every bullion purchase eventually needs an exit plan. TD’s Secure Storage terms indicate that customers may instruct TD to sell precious metals held in the custody account, but TD is not necessarily obligated to purchase metals held outside that custody account.

If you take physical delivery, confirm TD’s current buyback process before assuming you can easily sell back through TD. You can also compare bids from reputable bullion dealers, local coin shops, and other recognized buyers. Keep your receipts, original packaging, assays, and product details because they can make resale smoother.

Wrapping Up

TD Bank offers a wide selection of physical precious metals and a familiar buying experience for people who already bank with TD. The biggest tradeoff is that banks can be less flexible than dealer-first bullion companies when it comes to premiums, customer experience, and purchase limits.

The biggest update buyers should know about is TD Secure Storage. TD now clearly promotes storage as an option for eligible customers who want to buy precious metals without taking physical delivery. That gives TD a stronger storage angle than a simple shipped-to-your-door bullion shop, but you still need to review the storage fees, withdrawal rules, and resale process before using it.

If you’re still learning how registered-account precious-metals setups work, start with the basics and compare your options carefully. A TD bullion purchase, a TD mutual fund, a gold ETF, and a physical Gold RRSP structure can all give precious-metals exposure, but they are not the same thing.

If you want a dedicated Canadian bullion dealer to compare against TD, Silver Gold Bull’s third-party rating is strong on Trustpilot: ★★★★★ 4.6/5 (view source).

Important: pricing moves constantly with spot price, and “best” depends on whether your priority is convenience, low premiums, product selection, delivery, secure storage, or registered-account logistics.

FAQ: TD Precious Metals Gold, Silver & Platinum

Is TD Precious Metals legit and safe to buy from?

Yes. TD Precious Metals is operated by TD Bank Group, one of Canada’s largest banks, and it sells recognized bullion products from well-known mints and refiners.

• Your main “risk” is usually pricing, premiums, delivery timing, storage choice, and purchase limits, not legitimacy.
• Always confirm the exact product specs, including weight, purity, mint/refiner, year, packaging, and storage eligibility before checkout.

Why are TD Precious Metals prices sometimes higher than other dealers?

Because the final price includes a premium over spot that can vary by product, demand, inventory, mint, size, and seller margin.

• Premiums are often higher on popular coins, small bars, fractional gold, and limited items.
• Large bars can have lower premium-per-ounce but are less flexible to resell in smaller chunks.
• Always compare the same item across sellers, including metal, weight, mint/refiner, condition, packaging, shipping, and taxes.

What is “spot price” and what is a “premium”?

Spot price is the live market price of raw metal. A premium is the extra cost above spot for minting, refining, distribution, retailer margin, product scarcity, and demand.

• Your “all-in cost” = spot price + premium + any applicable fees, taxes, shipping, or storage costs.
• Premiums change daily and can spike during shortages or heavy demand.

Does TD have online purchase limits? How do they work?

Yes. TD typically sets online limits that depend on whether you’re a TD customer and/or verified through supported verification methods.

• Limits can apply per 24-hour period and can differ by customer status.
• If you plan to buy more, you may need a branch-based purchase route, depending on TD’s current rules.
• Always check the current limit shown at checkout, since policies can change.

Can non-TD customers buy from TD Precious Metals?

Often yes, but non-customers may face lower online limits and fewer payment or verification options.

• Expect tighter caps and potentially fewer “higher-limit” pathways.
• If you’re a frequent buyer, dedicated bullion dealers can be simpler long-term.

How long does TD Precious Metals shipping take?

Shipping times depend on inventory status, payment confirmation, demand, product type, and your location in Canada.

• Some products may show longer packing and shipping timelines during periods of high demand.
• Delivery may require signature or special handling for higher-value shipments.
• Always read the current shipping and processing notes during checkout for the specific item you’re buying.

Is TD Precious Metals delivery discreet?

Most bullion sellers aim for discreet packaging, but “discreet” can vary by carrier and fulfillment process.

• Don’t assume the package will advertise bullion, but plan to be home or use a secure delivery address.
• For larger orders, consider delivery logistics before you buy, including signature requirements, concierge risk, pickup options, and insurance.

Does TD offer secure storage for bullion?

Yes. TD Secure Storage allows eligible TD Personal Banking customers to buy precious metals without taking physical delivery. Instead, selected products can be stored through TD’s secure storage program.

• This can be useful if you do not want to store bullion at home.
• Review the storage fees, withdrawal process, delivery terms, and resale process before choosing storage.
• TD Secure Storage is still different from automatically holding physical bullion inside an RRSP or TFSA.

Are TD Precious Metals coins and bars authentic?

TD sells recognized investment products from well-known mints and refiners, which reduces authenticity risk versus unknown sellers.

• Keep original packaging, assays, and receipts for resale and peace of mind.
• If you ever test items, use reputable local bullion shops or professional testing tools.

Do I pay tax GST/HST when buying gold or silver in Canada?

Many investment-grade bullion products are not treated the same way as jewellery, collectibles, or lower-purity metals for GST/HST purposes. In general, the product’s metal, purity, and form matter. Coins, bars, ingots, and wafers may be treated differently from jewellery or non-investment-grade items.

• Always verify tax treatment at checkout before paying.
• Keep your receipt and product details for your records.
• If you’re buying for a registered-account structure, rules can be different again.

For official context, CRA’s discussion of financial instruments and precious metals is a useful starting point: CRA GST/HST memorandum on financial instruments and precious metals.

Can I hold TD Precious Metals inside my RRSP or TFSA?

Not directly in a standard self-directed brokerage account as ordinary personal bullion. Physical metals inside registered accounts usually require a specific custodian + approved storage setup.

• Many investors confuse “buying bullion” with “holding bullion in an RRSP/TFSA.” They’re not the same.
• If your goal is registered-account physical storage, you need the right structure first, then the purchase route.
• Paper products like eligible ETFs, mutual funds, or securities may be easier to hold in a brokerage RRSP or TFSA, but they are not the same as holding specific bars or coins.

Where are TD Precious Metals stored if I buy online?

If you buy bullion through TD, you may be able to choose home delivery, branch pickup, or TD Secure Storage, depending on the product, your customer status, and TD’s current rules.

• If you take delivery, storage becomes your responsibility after delivery.
• If you use TD Secure Storage, review the fees, withdrawal process, delivery terms, and sell-order process before buying.
• For registered accounts with physical metals, storage is usually handled through approved facilities under the custodian’s rules.

Does TD buy back gold and silver? How do I sell later?

TD’s Secure Storage terms indicate that customers may instruct TD to sell precious metals held in the custody account, but TD is not necessarily obligated to purchase metals held outside that custody account.

• If you take physical delivery, confirm TD’s current buyback process before assuming you can sell directly back to TD.
• You can also compare bids from reputable bullion dealers or local coin shops.
• Keep receipts, assays, and original packaging to make resale smoother.

What’s better: coins or bars?

Coins are often easier to resell and widely recognized, while bars can offer lower premiums at larger sizes.

• Coins: recognizable, liquid, great for beginners, but often higher premium.
• Bars: can be cheaper per ounce at larger weights, but less flexible to sell in parts.
• Many investors do a mix: liquid coins plus a few larger bars for premium efficiency.

What should beginners buy first?

If you’re new, start with widely recognized products and keep it simple. 1 oz gold coins, 1 oz gold bars, and 10 oz silver bars are common starting points, depending on your budget.

• Focus on recognizable and easy-to-resell items.
• Avoid niche collectibles if your goal is investment exposure, not collecting.
• Decide upfront: long-term hold, periodic buying, registered-account structure, or short-term trading. That changes what you should buy.

Should I buy from TD or from a bullion dealer like Silver Gold Bull?

Choose based on your priority. TD can feel convenient for existing TD clients, while dealer-first platforms often win on selection, pricing transparency, and bullion-specific support.

• If you care most about convenience and already bank with TD, TD may be fine for standard items.
• If you care most about selection, premium comparison, and bullion-specific support, check a dealer-first option too.
• Compare the exact same product across both before buying.

What are the biggest mistakes people make when buying bullion?

The biggest mistakes are overpaying on premiums, buying illiquid niche products, and not planning storage and resale upfront.

• Buying small or fractional items repeatedly can mean higher premium-per-ounce.
• Assuming bullion automatically “fits” inside RRSP/TFSA without a custodian structure.
• Not securing a safe delivery address or thinking about how you’ll sell later.
• Ignoring storage fees, withdrawal rules, or insured delivery terms.

Do I need to report bullion purchases to the CRA?

Buying bullion for personal ownership isn’t automatically a “reporting event,” but profits can be taxable depending on how you sell and your situation.

• Keep records: receipts, dates, and product details help with cost base and resale documentation.
• If you’re buying inside a registered structure, compliance rules are different and depend on the setup.
• If you’re unsure, speak with a qualified Canadian tax professional for guidance based on your exact scenario.