SilverGoldBull Inc operates online through SilverGoldBull.ca selling gold, silver, platinum and palladium bullion which investors can take physical ownership of or have stored at a secure third party facility. They offer a wide variety of rounds, bars and coins produced by a number of reputable mints and refineries. They appear to have a positive reputation in the industry and have become one of the largest online gold and silver dealers in Canada since opening up shop in 2006.
SilverGoldBull.com is probably most well known for their low price business model. They offer some of the lowest premiums over spot price for a majority of the bullion listed on their website. They also price match any other Canadian dealer’s price if you find better. Their precious metal spot prices which are provided through Xignite, are displayed on their website and updated every minute providing you with accurate market data when making a purchase.
SilverGoldBull Shipping Rates and Policies
Because SilverGoldBull offers international delivery options, their shipping rates vary by destination and total order value. It’s worth noting, however, that they provide free shipping and insurance for orders larger than $1,000 going to Canada and the USA. They also offer local pickups in some instances if you live within the Calgary area. All packages shipped from SilverGoldBull are fully insured and include a tracking number. They currently ship to Canada, United States, The Caribbean and many countries in Africa, Asia, and Europe.
Payment Methods Accepted by SilverGoldBull
SilverGoldBull.com accepts a wide range of payments including, Interac Online, PayPal, Paper Checks, Money Orders, Bank Wire transfers and Direct Deposits. Combined with their expansive shipping options, these payment methods make purchasing from their website very convenient for international buyers. Below we will go over the clearing times as well as minimum/maximum order sizes for each form of payment.
- Interac Online (only for CA) – By using Interac Online for your payment to SilverGoldBull there is a $2,000 limit and no extra fees. By choosing to use payment through Interac Online your funds will typically settle within 2-5 days.
- PayPal (CA + US) – When paying for your order via PayPal you will be paying an additional 2.89% of your total order. There is no limit on PayPal payments and a 1 day clearing period.
- Paper Check (CA + US)– By mailing a paper check there is no additional fee or maximum/minimum order size. Checks do take slightly longer than other forms of payment to clear. (1-3 weeks)
- Bank Wire Transfer – By paying with Bank Wire transfer, your funds should clear in about 1 day. (No additional fees apply)
- Direct Deposit – Paying via a Direct Deposit is one of the slowest ways to pay for your order and takes between 30-90 days to clear. This is due to a higher risk of fraud.
SilverGoldBull Website Usability
SilverGoldBull.com is very easy to navigate and find the products you are looking for. They enable you to search by mint, precious metal type, and type of bullion (i.e. bars coins or rounds). They also offer a “product search” function which means you can find the exact product you are looking for with little effort. Whether you are looking for a specific coin or bullion from a specific manufacturer, Silver Gold Bull makes the search process as easy as possible.
SilverGoldBull offers a wide product range with items from the world’s most reputable minting operations. Their selection of bars includes popular brands like PAMP Suisse, Credit Suisse, Johnson Matthey, Sunshine Minting and many others. Below is a list with their full range of brand options:
- PAMP Suisse
- Credit Suisse
- NTR Metals
- Royal Canadian Mint
- United States Mint
- Perth Mint Silver Coins
- Johnson Matthey
- Austrian Mint
- Chinese Mint
- Sunshine Minting
- Ohio Precious Metals
- Silver Bullet Silver Shield
- Bavarian State Mint
- Leipzig Mint
- Mexican Mint
- Provident Metals
- New Zealand Mint
Silver Gold Bull Storage Options
Silver Gold Bull offers secure storage through TDS Vaults, LLC in eight different locations across three continents. Each location is 100% secure and full insured. On top of this, the vaults are audited on a regular basis to ensure your metals are safe and accounted for. You can have your new purchases shipped and stored there as well as move your current precious metal assets to one of these locations if you wish.
Market Updates and Account Portfolio Feature
SilverGoldBull.com helps its investors stay informed on the current value of their gold and silver bullion as well as any market movements. This can be a helpful tool to any investor seeking to purchase metals at a target price or sell their investment at a target price and cash out. Below we have listed some of these cool features.
Account Portfolio – SilverGoldBull offers a few unique features investors may find to be valuable. They provide an account portfolio where you can track the value of your gold and silver assets daily to see how they are performing.
Spot Price Alerts – They also offers free market updates on spot prices via email, text message or phone when the spot price of your prefferred metal hits a target price. You are able to set this target price on their website if you have an account and you do not have to make a purchase from them to do so.
SilverGoldBull.com goes by the name Silver Gold Bull Inc. and is fully accredited with the BBB. The company has been accredited for over two years, though they have been in business for several years before this (since 2006). Since their BBB accreditation they have not had a single complaint filed against them and have maintained an A+ rating with the Bureau over this time.
Is SilverGoldBull a Scam?
Through the research that we have conducted on SilverGoldBull.com, we believe that they are not a scam, in fact we found that they have had tens of thousands of happy customers and many more completed orders since 2006. Silver Gold Bull appears to maintain a high standard for their customer service team and are always available to assist investors via their many support outlets.
SilverGoldBull BBB Company Review
Silver Gold Bull has yet to have a BBB complaint filed against them over nearly 10 years in business. This is a rare occurrence in the gold and silver bullion industry as many investors will get angry with a dealer due to slow shipping times or damaged products. It is not uncommon for precious metal retailers to accrue 10-30 complaints per year in some cases, so the fact that they have not had a complaint filed against them stood out in our minds.