Silver Gold Bull Inc joins LBMA as an Affiliate Member
What were the reasons for you wanting to join LBMA and what do you see as the key benefits of membership?
Joining an elite group of dealers, mints, and refiners was not only an opportunity to strengthen our global reputation but also a chance to reflect on our own achievements internally.
Being part of the global body responsible for setting industry best practices added significant value to our organisation and further enhances our commitment to excellence.
Tell us about your company’s role in the precious metals market?
Silver Gold Bull aims to expand the use case, understanding, and accessibility of owning precious metals. We operate a two-way market for buyers and sellers and provide a low-cost, highly secure, and transparent process. Additionally, we facilitate segregated/allocated storage for precious metals investors along with offering a programme that enables retirement savings to be backed by precious metals.
Our mission includes educating new markets on the benefits and methods of investing in precious metals. Collaborating with significant partners like Costco, and multinational banks, allows us to increase overall ownership of precious metals among a broader spectrum of buyers.
What’s the background and history of the company?
Silver Gold Bull was founded by four partners with a clear focus on the buyer’s needs. Drawing from years of experience in metal purchasing, we identified a significant opportunity to enhance the buying process. Our commitment to transparency, evident in our online pricing and order tracking, alongside next-day shipping and diverse payment options, marked the beginning of our dedication to improving our product – a commitment we uphold to this day.
Initially centered in Canada, our expansion quickly included serving the United States. Furthermore, we offer a comprehensive worldwide storage programme that allows qualified clients to store their metal holdings in over eight locations around the world, provided through strategic partner solutions.
Continuing to prioritise customer-centric innovation and global accessibility, Silver Gold Bull remains dedicated to empowering individuals worldwide with the
advantages of owning precious metals.
What factors do you expect to impact your business in the short to long term?
In the short term, our focus remains on collaborating closely with our partners to expand and diversify the base of available buyers. This strategic effort is aimed at strengthening our market presence and enhancing accessibility for individuals looking to invest in precious metals.
What are your future plans for the business?
We are committed to improving the user experience through our online Vault platform. This includes expanding self-service options such as the ability to sell precious metals back to us online and streamlined storage processing.
We are also launching ‘Trade,’ our new physically backed account featuring lower premiums. This initiative aims to provide our customers with more flexible and
cost-effective investment options in precious metals.
