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BMO Gold or BMO Silver? How to Choose the Best Account

  • The Bank of Montreal, commonly referred to as BMO, is a widely recognized Canadian financial institution. BMO fulfils both duties as a financial services company and a major international investment bank. One of the initial financial institutions in Canada, BMO has locations all over the nation and is a highly recognized company.

    Key Differences Between BMO Gold and BMO Silver

    BMO Vaulted Physical Silver Deposit Program

    Customers of BMO can invest risk-free in premium silver bullion through the Silver Programme. They always have silver bullion backing for their Vaulted Physical Silver Deposit program, ounce for ounce. With the help of this magnificent program, investors may invest in premium silver bullion with less hassle. There will not be yearly storage fees. There can be withdrawal and delivery charges. The withdrawal and delivery of silver A $3 per ounce fee will also include any relevant taxes.

    BMO's Gold Deposit Program

    The absolute best physical gold bullion can be purchased through BMO's gold deposit program, which is also a convenient way to store it securely in our vault at the Royal Canadian Mint.

    Using the BMO Gold Deposit Programme, customers can purchase extremely high-grade real gold bullion. Upon making the investment, investors can keep their gold bullion in the BMO vault at the Royal Canadian Mint. Gold is sold in gold bars and complies with the LBMA's Responsible Sourcing program. There won't be any annual fees or empty vault risk. The fee for withdrawing and delivering gold will be $100.00 per ounce, plus any relevant taxes.

    Customers who have joined the program have three choices: (1) purchase and hold, (2) trade with a cash settlement, or (3) request for physical delivery.