When reading the information below, please bear in mind that the gold dealer Cache Metals can change its sales conditions at any time. Even though we will make every effort to reflect up-to-date information, we cannot guarantee the accuracy, reliability, completeness or timeliness of the information contained underneath. This website is not responsible or liable in any way for the actions of its readers.
Cache Metals is a Canadian company that is based in Toronto. It offers bullion coins and bars out of gold, silver, platinum and palladium. The purchased precious metals can be held in secure, vaulted and insured storage if the customer prefers to take physical possession of them at a later time. Otherwise, they will be shipped directly to the customer. Cache Metals also provides investors the opportunity to place their purchased gold and silver bullion into a Registered Retirement Savings Plan (RRSP) or Tax Free Savings Account (TFSA) in partnership with Laurentian Bank Discount Brokerage (LBDB) and Brinks Canada.
By limiting the number of different bullion products it sells, Cache Metals is able to offer fairly low prices. That is especially true for the Canadian Gold and Silver Maple Leaf coins that you probably won't find cheaper elsewhere. Another major benefit of doing business with Cache Metals is the multitude of different forms of payment that the company accepts. If you happen to live in Canada near Toronto, you can also buy your bullion directly at Cache Metal's retail store. In this way you will save even more by avoiding the shipping costs which are lower than with most competitors though.
The gold dealer Cache Metals doesn't charge any commissions, service charges or other hidden fees. The spot price of the precious metal is listed for comparison along with the charged product price. Customers just pay the listed product prices plus shipping charges ($25 flat rate for North America) and an eventual transaction fee of typically $1 (when making a deposit by credit card or interac). The prices that Cache Metals charges are already calculated for high volume wholesale orders. Additional quantity discounts on orders of more than $100,000 may be possible (upon negotiation on the phone with a Cache metals representative). Cache Metals offers a Best Price Guarantee which means that it will match eventual lower advertised prices from its Canadian competitors (including fees and cost of shipping).
Orders can be placed online as well as by phone. The Cache Metals sales office is open from Monday to Friday from 9 am to 6 pm Eastern Standard Time. The minimum order amount is 500 oz on silver and 10 oz on gold. Orders that exceed $ 20,000 in value can be placed online as well but need to be confirmed over the phone or in person with a Cache Metals' sales representative. Cache Metals also maintains a physical retail store in Toronto on 215B Davenport Road where customers can make walk-in purchases.
Canadian customers can pay for their order online via Interac Online up to a maximum order amount of $2,000 (plus a transaction fee of $1). Customers can also choose “Offline Payment secured with a Credit Card” during the online order process. In this case, the order will be secured by pre-authorizing 10% of the order value from the credit card but no actual debit will be made from it. The order total must be paid in full within 3 days thereafter. Canadian customers can pay their orders offline via Online Banking, Interac e-Transfer (up to $2,000), bank draft, bank wire ($17.50 processing fee), TD Bank Transfer as well as in cash (up to $9,999) or by Interac Debit (up to $2,000) at the Cache Metals retail store in Toronto. Customers from the United States can pay offline via bank draft, bank wire ($17.50 processing fee), TD Bank Transfer as well as in cash (up to $9,999) at the retail store.
Cache Metals ships to addresses in Canada and the United States for a flat rate of $25. All shipments are insured. Customers also have the option to arrange the pick-up of their purchased precious metals at Cache Metals' retail store in Toronto.