Jan. 19/26 Update to Silver Purchases

Guardian Gold is currently able to purchase ONLY SELECT silver.

For More Details Click Here
Site icon for Guardian Gold

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 156

Site icon for Guardian Gold     Issue 156 – The Week of February 17, 2025

Key Resistance and Supports this Week

Gold

SupportResistance
2833.002950.00
2800.002980.00
2750.003030.00
2700.003070.00

Silver

SupportResistance
31.6032.77
31.1533.80
30.7034.55
30.0035.10

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Reports of Note Due This Week

Holiday shortened week with Presidents Day Holiday on Monday and features FOMC Minutes from January,  housing data, S&P flash U.S. services and manufacturing PMI’s.

  • Monday, Feb 17 – none scheduled. Presidents Day Holiday.
  • Tuesday Feb 18 – 8:30 A.M.  Empire State manufacturing survey. 10:00 A.M. Home builder confidence index.
  • Wednesday Feb 19 – 8:30 A.M. Housing starts and building permits. 2:00 P.M. Minutes of the Fed’s January FOMC meeting.
  • Thursday Feb 20 – 8:30 A.M. the Weekly Initial Jobless Claims expected at 215.000 versus last weeks 213,000 and Philadelphia Fed manufacturing survey. 10:00 A.M. U.S. leading economic indicators
  • Friday Feb 21 – 9:45 A.M. S&P flash U.S. services PMI and S&P flash U.S. manufacturing PMI. Then at 10:00 A.M. Consumer sentiment and existing home sales.

Geopolitics

Israeli Prime Minister Benjamin Netanyahu has threatened to end the ceasefire with Hamas and resume fighting in Gaza if hostages are not released by Saturday noon. His warning follows President Donald Trump’s recent call for Hamas to release all captives or face severe consequences. Hamas, citing Israeli violations of the ceasefire terms, delayed the scheduled hostage-prisoner exchange but later reaffirmed its commitment to the truce. Meanwhile, Trump’s controversial proposal for U.S. control of Gaza continues to draw international criticism. Amid escalating tensions, Hamas confirmed it will release three hostages on Saturday, including American-Israeli Sagui Dekel-Chen.

President Donald Trump has reintroduced 25% tariffs on all steel and aluminum imports, escalating his previous measures from his first term. The tariffs, which Trump argues will stop foreign dumping and boost domestic production, are also aimed at ensuring the U.S. does not rely on foreign sources for these crucial materials. Despite being intended to benefit American industries, some domestic groups, like the United Steelworkers Union, criticize the broad application of the tariffs, especially against trusted trading partners like Canada. These tariffs may also influence U.S. inflation and Federal Reserve policies.

President Donald Trump discussed ending the Ukraine war with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy, indicating negotiations led by high-level U.S. officials will start immediately. The talks aim to stop the ongoing conflict, with personal meetings planned and a focus on reaching a peaceful resolution. Trump has signaled strong support for negotiating a ceasefire, reflecting a potential shift in U.S.-Russia relations and a departure from previous U.S. policy under the Biden administration.

British Prime Minister Keir Starmer has proposed deploying UK troops to Ukraine, aiming to strengthen ties with the US and reassure European allies. Starmer’s plan includes acting as a mediator between the US and Europe amidst rising tensions. This initiative comes ahead of a crucial summit in France discussing Europe’s role in the Ukrainian peace process. Starmer is also set to meet President Donald Trump to discuss these proposals further. Amidst these diplomatic efforts, Starmer faces domestic challenges, particularly concerning UK defense spending levels.

The Call

Gold rallied to a new all-time high of 2968.50 (April) last week and then faded to 2888.50 before moving back up to retest the high. The price stalled at 2964.10 and subsequently sold off into Fridays close at around 2900.00. We expect continued volatility as political tensions between Europe, U.S.A., Ukraine and Russia move to the front burner this week as the U.S. calls for a meeting in Saudi Arabia to discuss peace without Europe or Ukraine. Our outlook  remains for a retest of the 2775.00-2800.00 level over the next few of weeks. 

Last Week in Review

Gold opened on Sunday evening at 2884.80(April) and dipped ever so slightly, making the weekly low of 2880.60 before the rally began and established the weekly high on Monday evening at 2968.50 which was another new all-time high. From here gold dipped down to 2886.50 before another rally started. This rally stalled a few dollars from the all-time high Thursday evening at 2964.00 and subsequently sold off sharply closing Friday afternoon at 2893.60.

  • The U.S. Dollar Index was a down this week and finished at 106.71.
  • The Gold/Silver Ratio was a little stronger this week at 89.7 ounces of silver for 1 ounce of gold.

Last Week’s Price Ranges

MarketGoldSilver
Open2863.3031.72
High2940.1033.33
Low2860.7031.36
Close2873.7032.14

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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