Silver Gold Bull vs Kitco: which is better?

Both are online bullion dealers that Canadians often find first, and both knock 4% off for paying from a bank account. The similarities end there. Kitco is a Montreal firm, trading since 1977, that shows its buy and sell prices to anyone. Silver Gold Bull is a Calgary e-commerce business majority owned by a US-listed parent, with no minimum order but no published price we could check.

How do Silver Gold Bull and Kitco compare side by side?

Sources: each dealer's policy pages, read 12 October 2026, and our Silver Gold Bull review and Kitco (Canada) review. Kitco price from a GoldVetted automated capture, 12 October 2026, 08:39 UTC, spot CA$5,954.73 from gold-api.com.

Which is cheaper for gold in Canadian dollars?

A dealer's price is the spot price (the live market price of one troy ounce of gold) plus a premium. We tried to capture both dealers' prices for a 1 oz Gold Maple Leaf on the same morning. Kitco's page could be read. Silver Gold Bull's site does not allow automated price checks, so we do not publish a premium for it.

GoldVetted automated price checks. Kitco at 08:39 UTC on 12 October 2026 (spot CA$5,954.73); Gold Stock Canada and Canadian PMX at 12:05 UTC on 11 October (spot CA$5,978.73). Spot from gold-api.com. Premium = price / spot - 1. Kitco's random-year Maple Leaf was out of stock at our check. See the October 2026 Canada premium report.

How to compare Silver Gold Bull yourself: open the same coin on its site, take the listed price (which already includes the 4% cash discount), divide by the spot price shown in the sidebar and subtract 1. Under 5.7% beats Kitco's figure above; under about 1.7% beats the cheapest Maple Leaf we captured. Silver Gold Bull also advertises a price-match guarantee, so a dated quote from another dealer is worth having.

The Canadian-dollar gap at Kitco

Kitco lists prices in both US and Canadian dollars, and they do not convert at the market rate. Within three minutes on 12 October, its random-year Gold Eagle cost US$4,340.40 and CA$6,301.40 by wire, implying about 1.452 Canadian dollars per US dollar against a market rate of 1.4256. Buying in CAD therefore cost about 1.8% more than the US price converted at market. On the selling side, its CAD bid implied a rate about 1.2% below market. Every dealer builds in a currency margin; Kitco's is simply visible because it publishes both. If you already hold US dollars, compare both prices before you order.

Paying from a Canadian bank: which is easier?

Both reward paying from your bank, but the details matter for small and first-time orders.

For e-Transfer users, Silver Gold Bull is the easier fit: the discount applies and the limit is higher. Kitco's online bill payment from banks such as RBC, TD, BMO, CIBC, Scotiabank, National Bank and Desjardins earns its discount with no stated limit. Silver Gold Bull warns that late e-Transfers can trigger "market loss charges", and that direct deposits or branch transfers may be held for 60 days or more.

Shipping, insurance and pick-up

Silver Gold Bull ships free on orders over $999, with insurance, tracking and signature included; smaller orders show a charge in the cart, listed at $19.95. It packs within five business days of cleared payment. Kitco ships free over $5,000, which covers every physical bullion order because of its minimum, but charges insurance separately at 0.65% of value, about CA$41 on one Maple Leaf. Kitco's Montreal counter offers free pick-up when the item is in stock (see our Montreal gold buying guide); Silver Gold Bull offers Brink's pick-up in the Greater Toronto Area. Gold of 99.5% purity or better, including Maple Leafs, is exempt from GST/HST at both; our Canadian gold tax guide explains the rule.

Selling gold back: which buyback suits you?

Kitco is one of the few Canadian dealers that shows its bids without an account. At 07:32 UTC on 12 October 2026 it offered CA$5,846.66 for a 1 oz Maple Leaf, 2.06% under spot of CA$5,969.41, and CA$5,729.13 for a Royal Canadian Mint 1 oz bar (4.03% under). A confirmed price is guaranteed if your parcel is postmarked within one business day and arrives within 10. Assisted shipping costs $35 plus $6.50 per $1,000 of insurance, deducted from your payout, and the minimum sale is CA$5,000. At 08:39 UTC, buying a 2026 Maple Leaf and selling one back would have cost CA$455.78, or 7.2%: the spread gold has to rise by just to break even.

Silver Gold Bull's Sell Cart shows live payout quotes in your account. Once you confirm, it emails shipping labels; shipping is free and insured above $5,000 and a flat $50 below. It pays within one business day of verifying your metal, by wallet credit, direct deposit or wire. We could not capture its buy prices automatically, so we cannot say how they compare with Kitco's. Our guide to selling gold in Canada compares other buyers.

Storage: Calgary and abroad vs the Royal Canadian Mint

Silver Gold Bull's storage page lists six facilities in Canada, the United States, the United Kingdom and Singapore, including its own Calgary facility with video audits. Holdings are allocated and segregated (your own bars, kept apart) and insured through Lloyd's of London. Customers outside North America can currently buy only for storage. Kitco offers allocated storage in Canadian vaults including the Royal Canadian Mint, plus Hong Kong and a COMEX-approved US depository, and a Kitco Pool unallocated account with no minimum. Neither publishes storage fees; both quote on request, so get the yearly figure in writing. For registered accounts, see gold in an RRSP or TFSA.

What do customers say?

Both score well on Trustpilot. The recurring complaints are about time: delivery and sale settlement at Kitco, and the five-business-day packing window at Silver Gold Bull.

Verdict: Silver Gold Bull or Kitco?

If price matters most, read the Gold Stock Canada review and our guide to the best places to buy gold in Canada before choosing either.

See Silver Gold Bull's prices See Kitco's CAD prices

Gold prices go down as well as up. This comparison is general information, not financial advice.

Not financial advice. GoldVetted provides general information to help you compare options. It is not personal financial, tax or legal advice. Gold prices go down as well as up, and you may get back less than you pay. Check tax rules with the official source or a qualified adviser before you act.