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:
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Secure online ordering 24 hours a day
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Live market pricing
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Branch and home delivery options
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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.
While there has always been a demand for gold and silver among
Canadians, the bank says clients may not be aware that they can buy
these items directly through CIBC. "We have a long history of helping
Canadians purchase gold and silver. We've enhanced that service by
making it simpler and by expanding our product offering. We've also
responded to clients seeking a self-serve online option they could use
from the comfort of their own home," says Vineet Malhotra, Managing
Director, Capital Markets Trading at CIBC World Markets.
CIBC is a leading North American financial institution with nearly 11
million personal banking and business clients. CIBC offers a full range
of products and services through its comprehensive electronic banking
network, branches and offices across Canada, and has offices in the
United States and around the world. You can find other news releases
and information about CIBC in our Media Centre on our corporate website
at www.cibc.com.
SOURCE CIBC
Kevin Dove, Head of External Communications, CIBC, 416-980-8835, kevin.dove@cibc.ca
Copyright CNW Group 2014