RBC Precious Metals vs CanAm Bullion
RBC vs CanAm Bullion
Many Canadians begin a gold search at their bank. RBC is one of the country's largest, so it is a natural first stop. The practical question is not whether a bank can help, but what the buying experience looks like next to a dedicated dealer, and that is where a bank and a specialist diverge on selection, pricing visibility, and where you can collect metal.
Quick answer
RBC is a major Canadian bank whose precious-metals access runs through its own banking channels rather than a published per-product catalogue, and it is not listed on the Royal Canadian Mint's dealer directory. CanAm is a dedicated dealer, listed on the Royal Canadian Mint's dealer directory, with a Windsor walk-in counter, live per-product pricing, and insured Brink's vault storage in Toronto, Vancouver, and Calgary.
If you want a deep in-stock catalogue, live per-product pricing, and a counter you can walk into: a dedicated dealer is the more direct route. For buying through an existing banking relationship: RBC.
RBC and CanAm side by side
| Consideration | CanAm Bullion | RBC |
|---|---|---|
| Core business | Physical bullion dealer | Bank with broad financial services |
| Royal Canadian Mint BULLION DNA directory | Listed (Windsor, ON) | Not listed |
| Physical product selection | Gold, silver, platinum across many mints | Narrower, varies by channel |
| Per-product pricing shown online | Live price on every product page | Typically via branch or advisor |
| Walk-in bullion counter | Windsor, ON | Not a dedicated bullion counter |
| Insured vault storage | Brink's in Toronto, Vancouver, Calgary | Bank custody options vary |
| Direct bullion phone line | 1-877-513-9399 | General bank channels |
| GST/HST on 99.5%+ gold | Exempt (investment-grade) | Exempt (investment-grade) |
CanAm Bullion appears on the Royal Canadian Mint's dealer directory as a registered BULLION DNA dealer, listed in Windsor, Ontario. RBC is not listed on that directory; bank precious-metals offerings run through the bank's own channels and change over time, so confirm current availability with RBC directly.
What actually changes with a dedicated dealer
You see the price before you commit
Every CanAm product page shows the current price for that specific bar or coin, with no appointment needed to find out what a one-ounce Maple Leaf costs today.
You choose the exact product
Weight, mint, and format are buyer decisions rather than a single generic gold allocation.
Selling back is straightforward
Because bullion is the core business, buy-back is a routine transaction. Reach CanAm at 1-877-513-9399.
Where CanAm fits
CanAm carries physical inventory in Windsor, publishes a live price on every product, stores metal with Brink's in Toronto, Vancouver, and Calgary, and employs people whose entire job is precious metals.
Buying gold partly as a hedge against a weaker Canadian dollar? CanAm Currency Exchange handles FINTRAC-regulated CAD and USD conversion under the same ownership.
Browse physical bullion at CanAm
- Buy Gold Bullion — full gold range with live per-product pricing.
- Gold Bars — from one gram through ten ounce, across major refiners.
- Buy Silver Bullion — silver coins, bars, and rounds.
- Compare bullion providers — see how CanAm stacks up against other dealers and banks.
Frequently asked questions
Does RBC sell physical gold?
Bank precious-metals access runs through RBC's own channels and changes over time, and RBC is not listed on the Royal Canadian Mint's dealer directory. Confirm current availability, selection, and pricing with RBC directly.
Is it cheaper to buy gold from a bank or a dealer?
It depends on the product and the day, but dealers typically publish a live price per product so you can compare against spot before you buy. Bank pricing is more often quoted through an advisor or branch, which makes direct comparison harder.
Is buying gold from a bank safer?
Safety comes down to authenticity and storage. CanAm is listed on the Royal Canadian Mint's dealer directory and offers insured Brink's vault storage in Toronto, Vancouver, and Calgary, alongside an A+ BBB rating and a 4.9 Google rating.
Do I pay GST or HST on gold in Canada?
Investment-grade gold at 99.5% purity or higher and investment-grade silver at 99.9% purity are generally exempt from GST/HST in Canada. Numismatic and collectible pieces can be treated differently.
What is the minimum to start buying gold?
At a dealer, the practical minimum is the price of the smallest product in stock, which can be a one-gram bar. Current prices are listed on each product page.
See the actual price before you buy
Every product at CanAm Bullion shows its live price. Royal Canadian Mint authorized, A+ BBB, 4.9 on Google, with insured Brink’s storage available.