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Precious Metals

  1. Personal
  2. Investing & Wealth
  3. Precious Metals

Buy, sell, and store your precious metals safely and securely

When you want to hold your investments in your hand, BVCU's trusted partner Silver Gold Bull makes it easy to buy precious metals. You can also sell back your products with a 2 day turnaround so your precious metal investment strategy will remain agile.

Buy gold, silver, and more

Purchase coins, bullion, wafers, and jewelry from the largest physical precious metals wholesaler in Canada from the privacy of your home or office with next day delivery.

Keep informed

Once you've made a purchase, you can set price alerts to be notified when it hits the prices you want. Feel well informed every step of the way.

Pick your approach

Because precious metals are sold by weight, you can buy as much or as little as you want, meaning you have control over your precious metals investment approach.

Be confident

Silver Gold Bull offers a best price guarantee, and their mint direct products are guaranteed for purity and authenticity. Plus, all orders are fully insured.

e-Metals Account

We’re thrilled to unveil our exciting new product in conjunction with our partner Silver Gold Bull! This collaboration introduces our cutting-edge co-branded portal, designed to elevate your trading and precious metal purchasing experience.  
Learn more to get started!

Ready to Buy?

BVCU's trusted partner Silver Gold Bull is Canada's leading precious metals dealer.
Silver Gold Bull offers a full compliment of services to fulfill your precious metals investing needs with industry leading rates!
Learn more & purchase

Frequently Asked Questions

The e-Metals account is offered in partnership with Silver Gold Bull, allowing BVCU members to hold and transact in metals through an online wallet.

Key Features

  • Digital Trading: Buy and sell precious metals (e.g., via spot/trade prices) directly in the e-Metals Account.
  • Physical Ownership: You can purchase and take delivery of physical metals (coins, bars, etc.), which are shipped discreetly and insured.
  • Storage Options:
    • Segregated, secure, insured storage with Silver Gold Bull in a state-of-the-art Alberta vault (fees vary by value and location).
    • Or rent a safe deposit box at a BVCU branch (starting ~$45/year + GST, subject to availability).
  • Funding: Transfer funds from your BVCU account to fund your e-Metals wallet for purchases.
  • Access: Requires a BVCU membership/account first. Open the e-Metals Account via your branch, then log in online. BVCU provides demo and tutorial videos for setup, navigation, trading, and physical purchases on our public website.
Monthly Fee: A small $1.50 fee is applied to members linked accounts for the use of the e-Metal account

You can buy fractional amounts and are not limited to buying full ounces through the BVCU e-Metals Account.

Precious metals in the e-Metals are sold by weight, giving you flexibility to purchase as much or as little as you want. This includes:

  • Fractional gold/silver products 
  • Any weight-based quantity You can buy in increments based on available products and current spot prices, down to small fractions of an ounce. You’re purchasing physical items (coins and bars,) in fractional sizes that add up to your total holdings.

For example:

  • You could buy 0.25 oz of gold via a fractional coin/bar.
  • Or accumulate smaller amounts over time (e.g., multiple 1/10 oz pieces) that are stored as your allocated physical metal.

How It Ties to Storage

Your fractional (or full) holdings remain fully allocated and segregated physical metal in the Alberta vault.

Silver Gold Bull is BVCU's trusted partner.  Silver Gold Bull is the largest retailer of physical precious metals in Canada, and they promise to buy and sell so you can have peace of mind, knowing that you will always get exactly what you ordered and a fair market price when you sell.
Yes! We have a few options for you:

  1. Store with our trusted partner Silver Gold Bull. Storage of your precious metals includes segregated, security and insurance of your precious metals in a state of the art vault controlled by Alberta-based Silver Gold Bull. Storage fees are variable based on the value of the metal holdings and storage location chosen. Please call Silver Gold Bull at 1-866-545-0450 to find out more.
  2. BVCU members also have the option to rent a Safe Deposit Box at their local branch, depending on availability with fees starting at $45.00/year + GST; we will be happy to talk to you about sizing options. 
To keep this process streamlined and secure, you can easily and safely order online, and Silver Gold Bull will ship your order discreetly right to your home or office. All orders are insured. 
Precious metals derive their intrinsic value from their physical supply and fundamental demand based on their scarcity and use as a store of value. Precious metals are not interest bearing assets. Because of this, precious metals can be a useful economical hedge against market uncertainty, inflation, and currency weakness.

A T5008 is a simple tax form (called a “slip”) that Canadian financial institutions, brokers, or dealers send you each year.

Why It Matters for e-Metals

When you sell metals from your BVCU e-Metals account:

  • BVCU will issue you a T5008 for those sales.
  • You use the info on the T5008 to calculate any capital gains or loss tax on your tax return (usually on Schedule 3).
  • You are responsible for tracking your original purchase cost accurately, the T5008 helps but might not have every detail.

Capital gains tax on metals (like gold and silver in the BVCU e-Metals account) is the tax you pay on any profit when you sell them. It’s straightforward for most individual investors.

 

Super Simple Explanation

  • You buy gold or silver for $1,000 (your “cost base”).
  • Later, you sell it for $1,400.
  • Your profit (capital gain) is $400.
  • In Canada, you only pay tax on half of that gain (the “inclusion rate” is currently 50%). So, $200 gets added to your income.
  • That $200 is taxed at your normal marginal tax rate (whatever bracket you’re in could be 20%, 30%, 40%+, depending on your total income and province).

Example: If you’re in a 30% tax bracket, you’d owe about $60 in tax on that $400 gain.

This is general info based on standard CRA rules for individual investors. Rules can depend on your specific situation, so it’s smart to check with a tax accountant or the CRA especially if you have large amounts or other investments. BVCU cannot provide tax advice.

Members can go into any BVCU and open an e-Metal account, or members can login to online banking and choose open accounts and self-register to open their e-Metal account.

Currently at this time we cannot offer registered metals accounts.

  1. Clear the accounts: The member must clear out ALL their e-Metals accounts, moving the assets back into their BVCU accounts.
  2. Call SGB: The member must call Silver Gold Bull (SGB) directly to fully cancel the account.
  • Phone (Silver Gold Bull): Members can call Silver Gold Bull directly at 1-866-545-0450 to ask about storage or their accounts.
  • Phone (BVCU General): For general inquiries with BVCU, members can call 1-800-207-0068
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