Jan. 19/26 Update to Silver Purchases

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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

Precious Metals Refining

Scrap Metal Purchasing

We purchase a variety of scrap precious metals: Gold, Silver, Platinum and Palladium.
To calculate your estimated payout on your precious metals we have created an online calculator.

Gold Scrap Metal Assay

We use a high efficiency induction furnace to melt gold only. This process creates a bar that is uniform in composition from which we
can obtain an accurate purity reading. While in the office, you can watch your gold being melted through a window into our melt-room.

Silver, Platinum and Palladium Scrap

We do not melt Silver, Platinum or Palladium on premises so if you require a melt the turn-around will be 24 hours or more depending
upon the size of your lot. We can pay out 80% of the estimated value and settle the balance once a precise result has been obtained.
Where a melt is not required and for small silver lots we calculate the purity on either the markings or XRF Analysis.

Purity Analysis

In order to get the best value for our clients, we analyze all purchased metals with regularly calibrated, state of the art ElvaX-XRF
Analyzer desktop energy-dispersive X-ray fluorescence EDXRF analyzer spectrometer for accurate precious metals content. This leaves
no question as to the purity of your metals and guarantees that the payment will be based solely on the precious metals content.
Our process is transparent and you can be satisfied knowing that there will be no hidden brokerage, transaction, or assay fees.

How is Pricing Determined?

Pricing is determined by the market rate at the time of booking. Clients who have an account with us may book
rates over the phone and new clients may book at the time their metal is processed. There are no extra assay
or transaction fees. A rate booked over the phone is a commitment from both parties to honor the agreement.

Payment

Payment is offered in Canadian and US Cash. Please call ahead for large Cash requirements.
Cheque and Bank transfers are also available as well as payment in Pure Fine, Fine Grain and Gold Bars.

We Are Here For You

Our bright, secure, and spacious office is located in downtown Toronto on the south side of Yonge-Dundas Square.

Walk Ins Are Welcome

Address

21 Dundas Square
Suite 1200 – 12th Floor Toronto, ON
M5B 1B7

Hours

Weekdays – 9AM to 4PM
Saturday – Closed
Sunday – Closed

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