Can I sell my gold in Canada?

TD Canada Trust customers can sell their precious metals at any TD branch. To sell your items you would need to call a TD branch that is most convenient for you and schedule an appointment to sell your items. The branch will assess the items to determine if the items are fit to be sold back and will provide a quote.

Is selling gold taxable in Canada?

Most Precious metal bullion in Canada is exempt from GST/HST provided the precious metals are defined as bars, ingots, coins, or wafers of gold, silver, platinum, which are refined to a minimum purity of 99.50\% for gold and platinum, or 99.9\% for Silver. Note: Palladium products ARE subject to HST/GST.

What do you need to sell gold in Canada?

As with any transaction—buying or selling—have a ‘consumer beware’ approach. It’s worth your time to do your homework. Learn the per gram, per karat market value and confirm total weight. Educate yourself on the value of your gold.

Do Canadian banks buy gold?

While there are many banks in Canada that will let you buy gold from them, and nearly all provide a storage solution, most branches seldom stock any precious metals for retail sale. Outside of being a security risk, it ties up capital that could be used elsewhere.

Can I sell my gold to TD Bank?

Selling my precious metals Can I sell precious metals to TD? Yes, TD Canada Trust customers can sell their precious metals at any TD branch. Our competitive pricing is based on live market rates for gold, silver and platinum.

Which Canadian banks sell gold?

Canada’s Big 5 banks – TD Canada Trust, CIBC, BMO, RBC and Scotiabank – all sell gold and other precious metals. If you’re interested in buying from a bank, talk a local bank representative to find out what your options are, and make sure your investment comes with a secure way of storing your precious metals.

Does RBC sell gold?

RBC’s best-in-class services include: Trading (buy/sell) of gold, silver, platinum and palladium.

Can gold be sold for cash?

You can sell physical gold (gold bars, coins, and jewellery) to a jewellery store or an accredited gold re-seller/re-cycler, retail websites or cashforgold shops. Always do thorough research related to gold trends and gold’s value before selling gold in India.