Jan. 19/26 Update to Silver Purchases

Guardian Gold is currently able to purchase ONLY SELECT silver.

For More Details Click Here
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We are Buying ONLY SELECT Silver Until Further Notice

January 19, 2026

As of today we are now purchasing:

  • All silver bullion from LBMA certified makers.
  • 50 Ounce and smaller bullion from non-LBMA makers.

Our silver refining partners in Canada have temporarily frozen their payment mechanisms. This is a global issue in response to current market stressors. Elevated lease rates on silver have now made it impossible for Guardian to settle transactions under normal terms.

At this time we cannot purchase these silver products:

  • Jewellery
  • Silver flatware, tableware, and collectible items
  • Any Coinage
  • Non-LBMA certified makers bullion larger than 50 oz

These are temporary measures. Unfortunately, we cannot predict when circumstances will change, however, we will review this policy as conditions stabilize. We appreciate your understanding and patience during this time.

The Guardian Gold Team

By /
Stylized representation of the movement of the price of gold.

Guardian Weekly Market Report – Issue 152

Site icon for Guardian Gold     Issue 152 – The Week of January 20th, 2025

Key Resistance and Supports this Week

Gold

SupportResistance
2689.002757.00
2650.002780.00
2604.002821.00
2580.002850.00

Silver

SupportResistance
30.5831.83
29.9432.63
29.0033.08
28.2333.50

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Reports of Note Due This Week

Markets are closed Monday for the Martin Luther King Jr. Day federal holiday. Donald Trump is set to be inaugurated as the U.S. president on Monday. Economic indicators out this week include consumer sentiment, initial jobless claims and existing home sales.

  • Monday, Jan 20 – None scheduled. Martin Luther King Jr. Day federal holiday. Donald Trump is set to be inaugurated as U.S president.
  • Tuesday Jan 21 – None scheduled.
  • Wednesday Jan 22 – 10:00 A.M. U.S. leading economic indicators (Dec)
  • Thursday Jan 23 – 8:30 A.M. the Weekly Initial Jobless Claims expected at 215.000 versus last weeks 217,000.
  • Friday Jan 24 – 9:45 A.M. S&P flash U.S. services PMI and S&P flash U.S. manufacturing PMI. 10:00 A.M. Existing home sales and Consumer sentiment(final).

Geopolitics

A ceasefire agreement was reached between Israel and Hamas. The agreement aims to halt hostilities and facilitate humanitarian aid in Gaza, beginning with an immediate ceasefire followed by the phased release of hostages and detainees. Over 500 trucks of aid per day are expected to enter Gaza, significantly boosting relief efforts. The deal, mediated by the U.S., Egypt, and Qatar, also sets the stage for future negotiations aimed at a permanent end to the conflict, with these countries acting as guarantors to ensure compliance and facilitate a sustainable peace.

Moscow reported that Ukraine launched a significant attack using U.S.-made ATACMS ballistic missiles, UK-made Storm Shadow cruise missiles, and over 140 drones into Russia. This escalation follows Ukraine’s initial use of these weapons against Russia last year, which prompted Russia to respond with a new missile. The Russian Defense Ministry claims to have intercepted all missiles and drones aimed at the Bryansk region. This ongoing conflict intensifies as global tensions rise, with calls for ceasefires and negotiations to address the war’s devastating impact.

South Korea’s impeached President Yoon Suk Yeol has been formally arrested following his attempt to impose martial law, sparking significant unrest and clashes involving his supporters and the police at Seoul Western District Court. This unrest resulted in property damage and numerous arrests. The court decided on Yoon’s arrest after an eight-hour deliberation, citing concerns about evidence tampering. This situation escalates South Korea’s political crisis, with Yoon facing serious charges potentially leading to a lengthy imprisonment if convicted.

The Call

Gold had a strong week last week and feels like it is about to break out to the upside, testing the 2800.00 handle. With Donald Trumps agenda starting with his inauguration today, it is time to get the darts out. Without knowing what he will do, it is anyone’s guess. We would lean towards a range widening between 2600.00 and 2800.00.  We expect gold to move higher during the next few months but there could be a small pullback first. There will be a large amount of information to digest so the call would be remain nimble!

Last Week in Review

Gold opened on Sunday evening at 2712.60 and immediately started traded lower which continued through to Tuesday morning where we made the weekly low of 2667.80. The low was made on the release of the PPI numbers and started rallying through the rest of the week on  CPI numbers and retail sales while everyone waits for Donald Trumps inauguration January 20th next week and to specifically see his immediate plans on tariffs. Gold made the weekly high at Friday lunchtime at 2754.90 before pulling back and closing the day at 2735.90   

  • The U.S. Dollar Index was a little weaker this week and finished at 109.35.
  • The Gold/Silver Ratio was a weaker this week at 89.2 ounces of silver for 1 ounce of gold.

Last Week’s Price Ranges

MarketGoldSilver
Open2712.6031.13
High2754.9031.82
Low2667.8029.94
Close2735.9030.87

The information contained in this report is intended to provide market commentary and not as a recommendation or as a basis for investment decisions. The views expressed herein are the author’s and may differ from the views of others at Guardian International Gold. Guardian International Gold is a trader of Precious metals and this communication is to be considered an invitation to trade. Guardian International Gold makes our best effort to communicate reliable information but no express or implied warranty or representation as to its accuracy, completeness, or correctness may be taken.

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