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 160

Site icon for Guardian Gold     Issue 160 – The Week of March 17th, 2025

Key Resistance and Supports this Week

Gold

SupportResistance
2966.003016.00
2934.003031.00
2900.003044.00
2870.003075.00

Silver

SupportResistance
33.5034.00
33.0034.46
32.5035.00
32.0035.50

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Reports of Note Due This Week

Key takeaways this week will be the Federal Reserve Interest rate decision on Wednesday and retail sales, homebuilder confidence, housing starts and existing home sales are also scheduled for release this week.

  • Monday, Mar 17– 8:30 A.M. U.S. retail sales, Empire State manufacturing survey. 10:00 A.M. Business inventories and homebuilder confidence.
  • Tuesday Mar 18 – 8:30 A.M. Housing starts, Building permits and import price index. 9:15A.M. Industrial production and capacity utilization.
  • Wednesday Mar 19 – 2:00 P.M. FOMC interest rate decision. 2:30 P.M. Fed Chair Jerome Powell press conference.
  • Thursday Mar 20 – 8:30 A.M. the Weekly Initial Jobless Claims expected at 222,000 versus last weeks 220,000, Philadelphia Fed manufacturing survey. 10:00 A.M. Existing home sales and leading economic indicators.
  • Friday Mar21 – none scheduled.

Geopolitics

Ukrainian President Volodymyr Zelenskyy stated that Ukrainian forces are holding their position in Russia’s Kursk region, countering Russian claims of encirclement. He indicated potential Russian intentions to attack Ukraine’s Sumy region. Despite President Trump’s claim of Ukrainian troops being surrounded, Zelenskyy dismissed it as false. Amidst intensified Russian assaults, discussions for a ceasefire continue, complicated by Putin’s conditions and Trump’s call for sparing encircled Ukrainian troops. Ukraine remains committed to a ceasefire, accusing Russia of complicating negotiations.

At a G7 meeting, U.S. Secretary of State Marco Rubio and Canadian Foreign Minister Mélanie Joly clashed over the characterization of U.S.-Canada trade relations. Rubio denied a trade war, describing the U.S.’s actions as a reset for equitable global trade. In contrast, Joly accused the U.S. of engaging in a trade war and threatened strong countermeasures. The dispute overshadowed other G7 agenda items, including discussions on Ukraine and China, amidst chilly relations and literal cold weather at the meeting venue in La Malbaie, Quebec.

Mark Carney, former central banker, has been elected as Canada’s next prime minister by the Liberal Party, succeeding Justin Trudeau who announced his resignation earlier this year. Carney, known for his effective leadership during financial crises both in Canada and the UK, secured 85.9% of the vote amid tensions with the U.S., including trade issues and controversial statements by President Trump. His election arrives at a critical time as Canada faces an upcoming federal election and heightened nationalism in response to U.S. policies and rhetoric.

The Call

After a great week where gold rallied over 3000.00, we are calling for a small pull back with some profit taking. Our range would be 2900.00 to 2925.00 on the downside and 3000.00 to 3025.00 on the upside. Think its time for a side ways move while gold consolidates.

Last Week in Review

The April gold contract opened Sunday evening at 2919.60 or 2912.90 spot and slid lower into late Monday to hit the weekly low of 2876. 20. From here gold rallied steadily and accelerated to new all-time highs above 3000.00 on Thursday into Friday. The all-time high was 3017.10 early Friday and from here gold pulled back a little closing Friday afternoon at 2993.40for the April contract.

  • The U.S. Dollar Index was close to unchanged this week and finished at 103.72.
  • The Gold/Silver Ratio was stronger this week at 88.4 ounces of silver for 1 ounce of gold.

Last Week’s Price Ranges

MarketGoldSilver
Open2912.9032.36
High3010.5034.28
Low2912.9031.63
Close2986.7033.77

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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