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TheStreet Open House

Gold And Silver Purchases Made Easy At CIBC Branches And Online

Wide array of coins and bars conveniently available for investing, gifts or commemorative purposes

TORONTO, April 25, 2014 /CNW/ - Canadians looking to buy gold and silver now have fast and convenient options at CIBC (TSX: CM) (NYSE: CM) branches and a new online store, which can also be accessed via a mobile device.

High quality gold and silver bars, coins including collectibles and certificates are available for purchase at all CIBC branches across Canada.  Bars and coins can also be ordered online at: https://www.preciousmetals.cibc.com. Branch, online and mobile purchases may be made by CIBC clients and by those who currently bank elsewhere.

Key features of CIBC's gold and silver service include:

  • Secure online ordering 24 hours a day
  • Live market pricing
  • Branch and home delivery options
  • Bars and coins in various denominations, as well as collector and commemorative coins

"Our clients have told us they want a simple, straightforward option to buy precious metals and that's why we are making it easier and faster for Canadians to purchase gold and silver," said Larry Tomei, Senior Vice President, National Sales and Service, CIBC. "Whether it is to mark a special occasion for a family member, or to hold for investing purposes, CIBC now gives Canadians access to buying precious metals when, where, and how they like."

Precious Metals More Popular Among Canadians

Mr. Tomei noted that there are many reasons Canadians buy gold and silver - including as gifts for important occasions, or as an investment holding. "We have clients who want to hold physical precious metals as part of a broad diversification strategy, and we also have clients who come to us to buy gold and silver to celebrate a special occasion," said Mr. Tomei.

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