Last updated 2 weeks ago.
For Sellers
- We continue to purchase gold in any quantity, and maintain the ability to lock prices. See our Gold Bids page for live pricing.
- Until industry conditions normalize, we may offer 1-5 business day payment terms on certain products in certain quantities. See our Gold Bids page for details.
What's happening?
In summary, the industry suffers from liquidity challenges caused by increased financing costs driven by processing backlogs.
Refiners typically borrow from banks to pay sellers upfront, then repay those loans after processing and reselling the refined metal. When processing backlogs stretch from days to weeks, interest costs mount and credit limits are reached, forcing intake limits or payment pauses. This includes the advance payments that dealers and other industry participants rely on to maintain liquidity at the retail level.
Attendees at the February 2026 IPMI Winter Conference indicated that conditions may become "the new normal" until the lenders underwriting refinery operations become willing to further increase exposure.
Since late January, major refiners including Metalor, United Precious Metals, Elemetal, and many smaller refiners have announced some combination of intake pauses or limitations, processing delays, fee increases, suspension of advances, and the suspension of price locks.
For Buyers
We've made some temporary changes due to increased demand.
- We are currently unable to accept appointments to purchase less than (3) ounces of gold. There is no order minimum for walk-in customers.
- We may charge a processing fee of $25 for in-person pickup orders under $5,000 which include products not already in stock.
- We have stopped accepting all online card payments, and must decline to accept in-store card payments if customers are waiting. See our Payment Policy for full details.
- We may be unable to accept small quantity orders for certain items.
Check our
online catalog for availability. Click a product's name to see fulfillment times and detailed pricing.
- 1 oz Products
- Live supply of sealed bars from LBMA Good Delivery brands remains strong.
- We're generally able to fill quantity orders for common 1 oz coins within 1-2 business days, though lower pricing is generally available with 4-7 business day fulfillment time on all quantities.
- Fractional Gold:
- Fractional bar availability has improved, with a variety of brands and sizes available for order and limited quantities already in stock.
- Fractional coin availability remains moderately strong, varying by size and series.
- Large Bars:
- Large Orders: We can fill large orders, with free or low-cost armored delivery on qualifying orders.
- Fulfillment times on large orders range from same-day to 5 business days depending on product.
