On this page we’ll look at some of the most popular gold and silver bullion dealers in Canada that also cater to RRSP, TFSA and other registered accounts. Your local gold shop won’t be able to help you when it comes to investing through a registered account. Only a handful of Canadian gold dealers have the capacity to service these types of accounts.

There are costs to holding physical gold and silver in your RRSP or TFSA. First, the gold and silver must be purchased and verified by a third party custodian who reports to the Canadian Revenue Agency. Then, it must be transported and securely stored. All of these steps have associated costs that add to the already-high opportunity cost of holding a non-interest earning asset like gold.

At the same time, holding physical gold provides a level of security that other investments cannot. Even gold that is stored in a distant vault can usually be claimed and shipped at any time. Several companies provide Canadians with the services necessary to add physical gold to their retirement portfolios in accordance with the 2005 federal budget laws.

Silver Gold Bull Canada’s top gold and silver bullion dealer based on the sheer amount of positive reviews out there. In fact, the company has over 260,000 five-star reviews at the time of writing. SGB is a great dealer to work with when it comes to investing in physical gold and silver through an RRSP or TFSA as they handle the entire process from start to finish, including working with the custodian, depository and helping you select the CRA approved precious metals to add to your account. Silver Gold Bull is a Calgary-based online platform that allows users to trade qualifying gold coins and bars. Assets can be shipped to the purchaser or shipped to one of their secure storage partners in Toronto or Calgary. Once again, Silver Gold Bull will not act as your brokerage for the RRSP. When we spoke with them over the phone, they said that they partnered up with Questrade for the brokerage part. See our gold dealer comparison table for more details.

Questrade is another good alternative when it comes to Gold RRSP investing, but their options and expertise are limited. They were the first Canadian broker to offer the option of holding physical gold and silver coins and bullion bars in registered accounts. An account can be opened with as little as $1000.  Any actual precious metal is stored in your name at the International Depository Service of Canada (IDS) or pooled and stored at the Royal Canadian Mint. You can also have it shipped and store it yourself. See our RRSP custodian comparison table for more details.

RRSP Custodian Comparison Table