KMG Gold Recycling, is a BBB Accredited Gold Buyer in Winnipeg MB
KMG Gold Recycling USA KMG Gold Recycling Canada
12/04/2022 6:29 PM     Current Market Price:     Gold:  $1,799.44/ozt   Silver:  $23.26/ozt   Platinum:  $1,044.11/ozt   Palladium:  $1,956.27/ozt  

Thursday, November 26, 2020

COVID Update: KMG Gold Open For Business Remotely

November 26, 2020. Winnipeg MB.

COVID-19 Update:
In this time of uncertainty, the safety and well-being of our customers, staff and communities is our top priority. We're reaching out to let you know that we are here to help.

1220 Pembina Hwy & 620 Academy Rd locations are OPEN to Buy, Sell, Refine, & Pawn Gold, Silver, Jewelry, Coins & Bullion.
All of our normal goods and services are still available for pick-up, delivery, no-contact, remote, touchless, and curb-side.

Single, individual customers may drop-off, pickup, get paid, buy and pay, but are not allowed inside our showroom.

We also offer NO CONTACT - NO WAITING 24-HOUR DROP-OFF at our Bank Depository, available 24 hours a day at our 1220 Pembina Hwy location only.

KMG Gold 24-Hour Bank Depository

Posted by Michael Gupton at 1:42 PM 0 Comments

Thursday, December 28, 2017


January 2, 2018. Winnipeg MB Canada

KMG Gold Recycling opens the doors on its new home, processing facility and head office at 1220 Pembina Hwy in Winnipeg Manitoba Canada. The doors will open January 2, 2018 Monday to Friday, 9:30-5:30

This new building, a former bank complete with impenetrable vault, will be the new head office and processing centre for the world famous, KMG Gold Recycling.

KMG Gold Recycling founder and President, Michael Gupton says the new facility will house a gold depository, silver repository and will have the ability for customers to securely store gold and silver coins, bars, wafers and precious metal items in the first of its kind secure vault. Complete with after hours gold scrap depository services.

KMG recently opened a new gold buying outlet at 1514 Regent Av W, in Transcona, a suburb of Winnipeg, just three months ago.

KMG Gold Recycling started recycling and buying gold, silver, platinum, and palladium in 2007 and fast became the premier, published, and world famous source for the general public to recycle their unwanted gold jewelry, gold and silver coins, junk silver, platinum thermocouple wire, and dental gold such as gold crowns. Their success lies partly in their efforts to educate consumers about the precious metals recycling industry and how they can get the most money for their unwanted gold, silver, platinum and palladium.

KMG Gold Recycling has 4 locations in Canada and the United States. 620 Academy Rd Winnipeg, 1514 Regent Av Winnipeg, 1220 Pembina Hwy Winnipeg, and 1003 S. Washington St Grand Forks ND

Please visit for updates, locations, hours of operation, and also follow KMG Gold Recycling on Call toll free 1-877-468-2220
KMG Gold Recycling buys, recycles, refines, stores, insures and manufactures precious metals of any kind.

Posted by Mike Gupton at 1:18 PM 0 Comments

Thursday, October 12, 2017


Transcona, Winnipeg. October 11, 2017

Transcona, East Winnipeg
1514 Regent Avenue W Winnipeg

KMG Gold Recycling 1514 Regent Av W

KMG G9ld Recycling 1514 Regent Av

KMG Gold 1514 Regent Av Winnipeg

Transcona, East Winnipeg

KMG Gold Recycling

1514-1 Regent Avenue West
Winnipeg, Manitoba
R2C 3B4, Canada
Office: (204) 452.GOLD (4653)
Toll-Free: (877) 468.2220

Store Hours:

Monday - Saturday: 10:00 AM to 5:30 PM

KMG Gold Recycling’s newest East Winnipeg location now serves Transcona, East Kildonan, Elmwood, North Kildonan, and Seven Oaks. This new office is fully equiped and now makes it easier for folks from Gimli, Lockport, Selkirk, Beausejour, Anola, Dugald, Lac Du Bonnet, Oakbank, Ste. Anne, Steinbach, Niverville, and Falcon Lake to visit KMG Gold Recycling, Canada’s Original Gold Buyer™

Posted by Mike Gupton at 9:54 AM 0 Comments

Friday, September 15, 2017

KMG Gold Recycling Finds New Home, Opens Third Location In Winnipeg

September 15, 2017. Winnipeg MB Canada
KMG Gold Recycling has found a new home and head office at 1220 Pembina Hwy in Winnipeg Manitoba Canada. This new building, a former bank complete with impenetrable vault, will be the new head office and processing centre for the world famous, KMG Gold Recycling. KMG Gold Recycling founder and President, Michael Gupton says the new facility will house a gold depository, silver repository and will have the ability for customers to securely store gold and silver coins, bars, wafers and precious metal items in the first of its kind secure vault. Complete with after hours gold scrap depository services.
This news comes on the heels of the announcement that KMG will be opening a new gold buying outlet at 1514 Regent Av W, in Transcona, a suburb of Winnipeg.
KMG Gold Recycling started recycling and buying gold, silver, platinum, and palladium in 2007 and fast became the premier, published, and world famous source for the general public to recycle their unwanted gold jewelry, gold and silver coins, junk silver, platinum thermocouple wire, and dental gold such as gold crowns. Their success lies partly in their efforts to educate consumers about the precious metals recycling industry and how they can get the most money for their unwanted gold, silver, platinum and palladium.
KMG Gold Recycling will very soon have 4 locations in Canada and the United States. 620 Academy Rd Winnipeg, 1514 Regent Av Winnipeg, 1220 Pembina Hwy Winnipeg, and 1003 S? Washington St Grand Forks ND
Please visit for updates, locations, hours of operation, and also follow KMG Gold Recycling on Call toll free 1-877-468-2220
KMG Gold Recycling buys, recycles, refines, stores, insures and manufactures precious metals of any kind.

Posted by Mike Gupton at 6:09 PM 0 Comments

Friday, June 19, 2015

Urban mining has long-term potential to contribute significantly to gold supply

12TH JUNE 2015 BY: ILAN SOLOMONS CREAMER MEDIA STAFF WRITER @KMGGold excerpt. @MiningWeeklyCA @MiningWeekly

KMG Gold featured in Mining Weekly Article

...US- and Canada-based precious metals and minerals recycler KMG Gold Recycling president Michael Gupton says, if gold stays at around $1 200/oz, this will encourage more people to sell their gold.

"In Canada, our customers monitor not only the price of gold but also the value of the Canadian dollar against the US dollar. In the last five months, we have seen the Canadian dollar decline against the US dollar, therefore, in Canada, gold is selling for around C$1 500/oz, which is sufficient to trigger small and medium-sized businesses to sell their gold reserves," he points out.

Gupton adds that the consumer market is KMG's primary source of recycled gold, owing to individuals selling their scrap jewellery. "In the industrial market, we receive large volumes of gold from jewellers who sell their industrial vacuums and bench sweeps, as well as dentists and dental technicians selling grindings, sprues and dental industrial vacuums," he states.

KMG also recycles platinum-group-metals products such as thermal couple wires and plati- num labware crucibles. "We always try to find solutions to recycle precious metals wherever we can. Our latest solution is for recovery level silver content materials, such as the silver sludge from old X-ray films, which, in the process, destroys unwanted old X-rays that doctors have an obligation to effectively dispose of owing to their confidentiality requirements," Gupton points out.

KMG's gold processing facilities are located in North Dakota, in the US, and Winnipeg, Canada...

It is our preference that if you wish to share this article with others you should please use the following link:

Posted by Michael Gupton at 9:26 AM 0 Comments

Tuesday, March 17, 2015

Manitoba Dental Convention 2015

 The Manitoba Dental Association invites you to join us for their 131st Annual Meeting & Convention. This year's event is taking place at the Keystone Centre in Brandon, Manitoba. Brandon hosted the 2007 and 2000 MDA Conventions. Brandon is the second-largest city in Manitoba and is located in the southwestern area of the province. The city is located along the Assiniboine River. Some facts about Brandon can be found at
Did you know that KMG Gold confidentially shreds and recycles x-Ray film as well as recycles gold, silver, platinum and palladium dental crowns, sprues and casting splatter? Can't wait to see you at the convention!
Posted by Mike Gupton at 7:38 PM 0 Comments

Tuesday, March 10, 2015

How Does Gold Change Colours?

Have you ever been confused by the terms white gold, green gold, and rose gold? All real gold is yellow, isn't it, so how do other colours fit in? Those 'other' colours of gold are alloys, new metals that are created by combining two or more different metals.

Chances are the ring on your finger is marked 18K, 14K, or 10K to indicate how much pure gold is present in the mix.
24K gold is pure gold.
18K gold contains 18 parts gold and 6 parts of another metal(s), making it 75% gold.
14K gold contains 14 parts gold and 10 parts of another metal(s), making it 58.3% gold.
12K gold contains 12 parts gold and 12 parts of another metal(s), making it 50% gold.
10K gold contains 10 parts gold and 14 parts another metal(s), making it 41.7% gold.

#Nickel can be mixed with gold to create a white colour, but be aware that nickel can cause dermatitis in some people (nickel is a fairly common allergen).
#Palladium is another metal used to create white gold alloys. Related to #platinum, it is more expensive than nickel, but is less likely to cause allergic reactions than nickel.
#Copper is added to make many gold-coloured alloys, but additional copper creates pink and rose tones -- the more copper, the deeper the effect.
Greenish shades are created by adding #silver to gold.
Posted by Mike Gupton at 12:00 AM 0 Comments

Wednesday, February 26, 2014

KMG Gold Now Sells Local, Hand Crafted Jewellery

If you like shiny things as much as we do, you'll be pleased to find out that KMG Gold is now selling select wholesale jewellery. Available at our Winnipeg storefront on Academy Road or online here, KMG Gold is happy to offer their customers a new product to enjoy.

Most of the items we now sell in the wholesale jewellery category are earrings, although we do offer a few different pendants. The earrings and pendants we sell are made with 14K white gold or 14K yellow gold and are set with a wide range of different gemstones. Some of the gemstones include: citrine, garnet, blue topaz, diamond and many more.

Selling this jewellery allows us to support our local Winnipeg economy, something we're really happy to be able to do. Each piece of jewellery is handcrafted and brand new, made by Roger Watson Jewellers right here in Winnipeg. Roger Watson Jewellers is a company that KMG Gold trusts and has collaborated with in the past with excellent results, so we can't recommend them enough!

We invite you to visit us online and check out the big selection of jewellery, complete with pictures and detailed information about each piece. They make for a perfect gift for someone you love, especially if that someone is yourself. You can check out the birthstone chart below for a little inspiration!

You can order online with free shipping on orders over $100, visit us at Academy Road or give us a call and we'll set it aside for you to pick up. As always, if there's something you'd like to see us offer online or in our store, leave us a comment or connect with us on Facebook to let us know!

Posted by Mike Gupton at 12:00 PM 0 Comments

Wednesday, February 19, 2014

KMG Gold Sponsors 2nd Annual Attire to Inspire Fashion Show

KMG Gold attends Easter Seals Manitoba Fashion ShowFor the second year in a row, and since its inception, KMG Gold was a proud sponsor of the SMD Foundation and KMG Gold attends Easter Seals Manitoba Fashion ShowEaster Seals Manitoba's second annual Attire to Inspire Fashion Show. This exciting fundraiser raised money for children, youth and adults with disabilities in Manitoba.

We love giving back to a good cause and this year was even better than last year because we were able to make it out to the event this time! Project Specialist Tasha DiLoreto (that's me!) and Office Manager Jodi Micelli both attended and we got to see a runway of beautiful clothing and local celebrities, not to mention the delicious food and wine that we were served.

KMG Gold was named the Inspire Sponsor of the show which was held in a new venue this year because it had expanded so much since last year. It took place at the Qualico Family Centre in the Assiniboine Park and 144 people attended the sold out show. The fashion show featured local clothing from several small boutiques in Winnipeg and all of the celebrities in attendance were also local Winnipeg persoKMG Gold attends Easter Seals Manitoba Fashion Shownalities, like Blue Bombers teammates, local news anchors and local politicians.KMG Gold attends Easter Seals Manitoba Fashion Show

We were so happy to be able to support such a fantastic cause and we can't wait to see the show again next year. Our guess is that it will expand again since it was such a fun evening, which is always appreciated in the cold Winnipeg winter!

In the meantime, we'll continue to support Easter Seals Manitoba in a new way: the Drop Zone Challenge! Come read about our quest to watch our boss Michael Gupton rappel down the side of one of Winnipeg's tallest buildings and help us reach our goal of raising $1,500.

Posted by Mike Gupton at 12:30 PM 0 Comments

Wednesday, January 22, 2014

Gold Gossip: Earthquakes and Gold

KMG Gold Gold Buyers Gold Gossip Blog Series EarthquakesGold can be found across the globe but did you know that some experts believe that earthquakes can actually create new gold deposits? The latest in the KMG Gold Gold Gossip blog series is all about the role that earthquakes can play in gold production.

In the March 17, 2013 issue of the journal Nature Geoscience, it was reported that the water that is found in the faults created by earthquakes will vapourize during an earthquake and can create new gold deposits. The lead author of the study, Dion Weatherly, a geophysicist at the University of Queensland in Australia, believes that this theory offers an explanation for the link between gold and quartz found in many of the world's gold deposits.

When an earthquake hits, it moves along fault lines in the ground. Large faults can have many smaller fractures along their length which are connected by jogs that appear as rectangular voids. Water often lubricates the faults and fills in these fractures and jogs. And since these are often six miles underground, under very high temperatures and pressures, the water carries high concentrations of carbon dioxide, silica and precious metals like gold.

As the fault jog opens wider during an earthquake, the water inside of this void immediately vapourizes and forces silica (which forms quartz) and gold out of the fluids and onto nearby surfaces.

But don't get too excited because the amount of gold left behind after an earthquake is extremely small and the underground liquids only carry one part per million of the precious metal. However, these deposits can build up over time and can even occur with earthquakes with a magnitude smaller than 4.0. After all, the quartz-linked gold deposits are what sparked historic gold rushes like the ones in California and the Klondike, with prospectors tracing the gravels back to their sources, where hard-rock mining continues today.

The above picture is an example of what gold found in quartz looks like. This is an extreme example, but you never know what you might find!

Stay tuned for KMG Gold's next blog post, published every Wednesday. If there's a topic you'd like to read about, share your thoughts in the comments below or via Facebook or Twitter.

Posted by Mike Gupton at 12:00 PM 0 Comments

Wednesday, August 28, 2013

KMG Gold Recycling's New Lineup of Refinery Products

As part of a planned expansion of products and services that are intended to better serve our existing and future customer base, KMG Gold will begin distributing a leading line of refinery products from RDO Induction LLC, a leading supplier of induction furnace melting equipment for ferrous, non-ferrous and precious metal alloys. In addition to furnaces and melters, the company also supplies accessories such as crucibles, ingot molds, safety and handling equipment and much more. These products are now available for purchase on our customer-friendly and easy-to-use ecommerce site.

This latest expansion of the KMG Gold product line and service is a reflection of our desire to better serve you - our customer! - by providing a one-stop shop for tools, equipment and knowledgeable industry advice. All the tools that are produced by RDO and sold by KMG are perfect for anyone looking to start their own gold recycling program from their very own home at an affordable price point.

Have you used RDO products in the past? What did you think? Share your experience with us in the comments!
Posted by Mike Gupton at 10:30 AM 0 Comments

Tuesday, September 06, 2011

Gold Prices

The London Gold Fixing is the most common benchmark for the price of gold. The London Gold Fix refers to a twice daily telephone meeting of committee members from five bullion trading companies on the London Bullion market.

Representatives from the five firms meet twice daily to set the price of gold bullion. However, gold trading goes on world over based on the intra-day spot price, which is typically taken from over-the-counter gold-trading markets globally.

Recent Price Increases

The recent increase in the price of gold can perhaps be traced back to 2008, when the gold price went above US$1,000 to peak at US$1,004.38. However, after the March 2008 increase, Gold prices once again fell to a low of US$712.30 per ounce.

But it wasn’t long before the prices begun to rise again in late February 2009. Towards this time, the gold price provisionally went above US$1000 but later experienced a slight decline towards the end of the first quarter of 2009. By the end of 2009, the earlier March intra-day spot price record of US$1,033.90 was surpassed numerous times in October.

The price of gold effectively began climbing new highs in late 2009, peaking at about US$1226 before a sudden slight decline. However, as of August 19, 2011, the price of gold had peaked at a new all time high of US$1852.00 at the London Gold Fix.

A number of factors account for the fluctuating price of Gold.

Like any other goods, the price of gold is largely determined by speculation, supply and demand. On the one hand though, saving and disposal also affect greatly the price of gold more than its consumption. The fact is, most of the world’s gold ever mined can be found in bullion bars or jewelry, but with minimal value in terms of gold’s fine weight. As of the end of 2006, estimates indicate that all gold ever mined globally summed up to 158,000 tons.

Considering the fact that vast amounts of gold are stored above ground than annual gold production, the gold price is mainly driven by alternating sentiment (demand), as opposed to annual production (supply).

Estimates from the World Gold Council indicate that annual mine production of gold in recent years has been around 2,500 tons. Out of this amount, about 2,000 tons goes into the jewelry and dental industry and a further 500 tons is used by retail investors and exchange traded gold funds.

There has never been a better time to sell gold given the high price of gold currently in the international bullion market. Generally, the price of gold has also historically gone up in uncertain economic situations, such as inflation, as investors rush to hedge against financial losses.
Posted by Caitlyn Diamond at 9:02 AM 0 Comments

Thursday, August 18, 2011

Buying Gold Bullion In Winnipeg

There has been a drastic increase in gold investment in the city of Winnipeg. People often chose to invest the spare cash they have into gold and then liquidate it when prices rise. Like other cities in Canada such as Calgary, Vancouver, Montreal, Victoria etc, Winnipeg is also becoming the hub of gold trading. Buying Canadian gold bullions can lead to a variety of options for people in regard to investment. As there is no lock period for the purpose of liquidating your investment, you can sell your gold when you want.

People reap certain benefits when they purchase gold:

• It is said to be the safest and most reliable form of investment, because the gold bullion is offered to people by the government. A variety of options are offered by the Canadian Mint for to invest in gold bullion. When you want to buy gold, you have the option of public or private parties. Trading is conducting with the help of spot prices but premium may also be charged. A Winnipeg gold buyer should remember that for gold investment, there are numerous ways. There are different ways to invest in gold so it is not necessary to purchase gold bullion.

• People can make use of the internet to make an online purchase and thus make an investment in gold. In this manner, people can use gold as a means of trading as they will not get their hands on tangible gold but it will instead be available in the form of stock or a commodity. But this is only applicable in situations where gold is bought for investment purposes.

• For people who are newcomers in the market and are making gold investments for the first time, there are literature and magazines which can offer all the necessary information about the gold market and explain its trends which can lead to better decision making. Reading them will be helpful in comprehending the moods and trends of the market and will help people in deciding the correct time for making or selling investments.

To earn top dollar as a buyer, one needs to spend time in educating oneself about the trends of the market and the different trading strategies which are used and will eventually allow you to get higher returns from your investment. If one wants good results, then for starters, small investments should be used and once people have analyzed and understood the market conditions and trends, huge investments can be made. To make a great profit in a short time, people can make large investments once they have gained confidence. The most liquid and highly paying investment is gold. But it requires large investments so one should be cautious. Before investing in private parties, people should get feedback from old clients and research it thoroughly. Before entering the market, one should be aware of the trends and political conditions.
Posted by Caitlyn Diamond at 9:10 AM 0 Comments

Tuesday, August 16, 2011

Buying Gold- Knowing All The Workings

Because of the economic turbulence prevailing worldwide, it has become very difficult for people to come across a secure and long term investment option nowadays. Fluctuation of stock exchange, shrinking of retirement accounts and erosion of the value of money are the reasons which contribute to it. Investors are now using gold to enhance their investment portfolio as they have come to accept and believe in its historical importance and value and not thinking of this precious metal as a jewelry making commodity only. By opting to buy gold, people can make money through it later as it can be sold at a higher price.

There are a few steps which one has to follow when choosing to buy gold in order to make a safe investment. Getting all the knowledge about the gold market is the first crucial step which should be taken. A gold buyer should role and historical importance of gold as this will give them knowledge of the potential gold holds as a mode of investment. It should also be understood that the five primary methods of gold investment are certificates, stock in mining companies, metal futures, tangible bars and coins and precious metals mutual funds.

Before deciding on an investment option, research should be done on each option. You can choose one based on your budget or the mode which has the possibility of giving you most money. The ideal choice is gold coins if one has a limited or small budget. This is because they are easy to transport, store as well as hide. They also have historical value. Selecting a dealer is the next step when one has decided to buy gold. It’s difficult to choose one dealer or company as there are numerous who sell gold. No matter which dealer or company they select, the dealer should follow all business ethics.

When people wish to ascertain the value of their gold, they can get assay services at a gold refinery. KMG Gold Recycling is a very suitable choice when you are looking for a refinery which practices honesty. Instead of choosing an online dealer who is virtual, it is better to choose one with whom you can meet face to face. People can select any dealer they want as there are different dealers in every Canadian city such as Calgary, Victoria, Kamloops, Toronto, Winnipeg, Vancouver etc.

By using a local dealer, transportation and shipping costs can be saved. Once the gold has been tested by the refinery, people can finalize their decision. People should invest in what they can afford and thus start with small gold coins. By offering gold assaying services, KMG Gold Recycling helps to ensure that your investment is safe and sound.
Posted by Caitlyn Diamond at 1:06 PM 0 Comments

Thursday, July 14, 2011

Scrap Gold Buyer Online

Scrap gold buyer online in Canada, KMG Gold is the right place to sell gold. KMG Gold is the 2010 BBB Award Winner for Marketplace Excellence, Honesty, Ethics and Integrity in Business. This is enough proof for the integrity and ethics in business. You might want to read through real time customer testimonials in the KMG Gold website.

When we talk about buying precious metal bullion, we mean to talk about buying gold bullion, buying silver bullion, buying platinum bullion, buying palladium bullion, and buying rhodium bullion. It can be either one or more of these bullion types based on your affordability. These metals are precious because they are rare. Whether you are buying gold bullion or selling gold bullion it is very important you understand the reputation of the buyer and then go about the buying process.

Ensure that the dealer from whom you are buying the bullion is providing you with a consistently better price than the rest of the dealers. Since the prices for precious metals are transparently displayed in online gold selling sites you can safely compare the rates from different gold buying and gold selling sites about the price you can pay to buy for your gold or the price you can get for your gold, in case you are selling your gold.

When you set out to buy precious metal bullions you will find a mix of them in different weights, shapes and sizes:
• Gold coins, gold wafers, gold coins of different weights, gold bars, gold kilo bars
• Silver coins, silver wafers, silver coins of different weights, silver bars, silver kilo bars
• Platinum coins, platinum wafers, platinum coins of different weights, platinum bars, platinum kilo bars
• Palladium coins, palladium wafers, palladium coins of different weights, palladium bars, palladium kilo bars
• Rhodium coins, rhodium wafers, rhodium coins of different weights, rhodium bars, rhodium kilo bars

From the assortment of available choices you have to decide the form of bullion you would like to posses and you should make your purchase accordingly. If you want to buy precious metals in Canada whether you are looking to buy gold in Canada, buy silver in Canada, buy platinum in Canada, buy palladium in Canada, or buy palladium in Canada deal with a company who has a stable customer service in case you might want to deal with them after sale. A good dealer will answer your concerns even long after you have completed the purchase.

There are online gold buying websites that allow you to continue with the gold buying and gold selling round the clock. You can take your time and shop at your convenience to reach the best price possible for your purchase.

Posted by Caitlyn Diamond at 9:12 AM 0 Comments

Friday, July 08, 2011

Silverware - Solid Sterling Not Plated

A silver plated item refers to an item that has a thin coating of silver plated onto a base metal. The silver coating can be a few ten-thousandths of an inch and will typically be used over base metal with lower value than silver. On the other hand, a sterling silver item is solid silver, with about 92.5 per cent or more of the pure metal.

In a nutshell therefore, sterling silver carries more pure silver than a silver plated item. Various methods can be used in determining the differences between sterling silver and plated silver. Some of the most effective testing methods include the use of X-Ray Florescence. However, there are other test kits and methods that can as well be used to distinguish between the two.

Silverware typically refers to materials made from silver, whether cutlery or utensils. However, when silver is mixed with other metals, the product is called sterling silver. The mixing of silver with other metals is typically geared towards strengthening it, since silver is a soft, malleable metal. Sterling silver is generally accepted as the Silver Standard globally.

As earlier stated; sterling silver will typically be made of 92.5 per cent pure silver and 7.5 per cent of other base metal. Base metals used in the making of sterling silver include copper, Zinc and platinum. However, copper is a most commonly preferred and widely used base metal. The use of Zinc and Platinum is mostly necessitated by the need to strengthen the silver. Copper is currently used as the standard base metal in sterling silver. Sterling silver carries a hallmark of 925, Stg, Ster, Sterling or Sterling silver. Any items that have no hallmark are silver plated.

Silver plated items have little or no silver in them. Most items of silver in the market, especially lowly priced utensils and cutlery are silver plated and contain very little of pure silver. Silver plated items are therefore not solid and will generally have lesser value and purity levels.

Currently, most of the world’s supply of silver-plate cutlery is made from base metals like copper, zinc and nickel. These base metals will typically be coated with silver layer. Stainless steel items are the most widely used forms ofsilverware. As caution, perhaps it is better to be warned that whereas cutlery or utensils may claim silver content, they may not have any silver at all, or little of the same.

When buying cutlery and utensils, be careful what you buy. The fact that a material is silverware does not mean it contains pure silver. As explained here above, it may actually contain more of base metals such as copper and zinc that actual silver.

Posted by Caitlyn Diamond at 11:31 AM 0 Comments

Wednesday, July 06, 2011

Gold futures close at a two-week high. Gold tallies two-session win of nearly $47; silver also rallies

KMG Gold
SAN FRANCISCO (MarketWatch) — Gold futures closed at their highest level in two weeks Wednesday, with global-debt troubles helping it tally a two-session win of nearly $47 an ounce.

Gold for August delivery GC1Q -0.06% closed up $16.50, or 1.1%, at $1,529.20 an ounce on the Comex division of the New York Mercantile Exchange. The contract, which earlier touched a high of $1,534.50, marked its highest close since June 22.

Prices jumped more than $30 an ounce in regular trading on Tuesday, buoyed by safe-haven buying as Europe’s debt issues reemerged as a concern for investors.

“The persistent debt problems in both Europe and the U.S. are a big part of gold’s gains this week,” said Peter Grant, senior metals analyst at USAGold-Centennial Precious Metals Inc.

“It’s quickly becoming a question of credibility,” he said. “As the troika flails about trying to mitigate the Greek crisis without creating a default, they erode market confidence. That waning confidence in the troika has resulted in contagion to Portugal in the wake of yesterday’s downgrade.”

On Monday, the Standard & Poor’s credit-rating firm signaled that a plan to roll over Greek-government debt would constitute a “selective default.” Then on Tuesday, Moody’s Investors Services downgraded Portugal’s credit rating by four notches to speculative grade.

Also contributing to gains in gold is the local-government-debt story in China, said Grant: “Investors are worried that if China turns inward to address their own debt woes, it may be at the expense of Europe and America.”

The People’s Bank of China lifted lending and deposit rates 0.25 percentage point on Wednesday, marking the third such adjustment this year. Read about the China rate hike.

Seasonal surge

The focus, however, remains on debt problems in Europe and the U.S.

“Gold’s current strength signals that something’s very seriously amiss on both sides of the Atlantic,” said Adrian Ash, head of research at, an online service for gold-bullion trading and ownership.

He points out that gold bulls typically take a holiday in July through September, thanks primarily to the seasonal lull in Indian demand but also thanks to the broader “sell in May” drop-off in all financial trading.

“But if Greece, Portugal and the U.S. debt-ceiling ruckus don’t allow that typical pullback to come through, gold prices could run straight onto their very typical autumnal surge,” said Ash. “India’s festive demand will then return, running straight onto China’s heavy New Year gold buying in January/February.”
Debt and jobs data

For now, U.S. and euro-zone debt looks likely to dominate traders’ views in the coming days, but players will also be paying close attention to key U.S. jobs data this week, and to Thursday’s rate meetings by the European Central Bank and Bank of England, said James Moore, analyst at, in a note to clients Wednesday.

Weekly filings for unemployment benefits are due out from the Labor Department on Thursday, followed by figures on U.S. joblessness and growth in nonfarm payrolls for June on Friday.

Gold prices gained more ground shortly after the Institute for Supply Management said Wednesday that its U.S. services-sector index for June fell to 53.3% from 54.6% in May. Economists surveyed by MarketWatch had expected a dip to 54%; a reading over 50% indicates that more firms in the survey are expanding than contracting.

In other metals action on Wednesday, September silver /quotes/zigman/704345 SI1U +0.09% rallied 51 cents to close at $35.92 an ounce, while September copper  HG1U +0.07% declined 0.5 cent to $4.33 per pound.

September palladium PA1U -0.49% finished at $769.15 an ounce, down $4.05, while October platinum PL1V -0.06% declined $2.20 to end at $1,731.20 an ounce.
KMG Gold

Posted by Mike Gupton at 7:06 PM 0 Comments

Friday, June 10, 2011

Dental Gold Holds High Value

Gold Crowns

Dental crowns are made from gold or alloys of gold; porcelain or a combination of gold, porcelain and other metals. Dental crowns are also called dental caps or tooth caps. There are other ceramic materials other than porcelain that can be used in creating crowns. However, both types of crowns have their own merits and demerits.

Dentists will sometimes create dental crown from pure metal, for instance the gold crown. Gold crowns will either be made entirely from gold or a gold alloy. Experimentation and new inventions over the years have enabled the use of varying metal alloys to create dental crowns. Other metals used in the past three decades to create dental crowns include silver, palladium and platinum.

Whereas gold crowns were originally used for restorative and treatment purposes, a trend emerged in the US from the 1960s in which stars and hip hop artistes would don gold crowns as a fashion statement.

Why gold is used in making crowns

The use of gold in creating crowns is necessitated mostly by gold’s physical and chemical properties. To begin with, gold has favorable physical attributes that make it easier to use as a dental metal. Dentists prefer gold because it is easily workable, and can be adopted into any specific crown shapes. This is because gold is ductile and highly malleable. Other than ductility and malleability, gold also has strength and can therefore withstand biting for a long time. When used as crowns, gold is able to survive chewing and biting for considerably longer periods of time.

As such, gold crowns don’t clip or break and can therefore cause no real damage to the body. In fact, it is believed that gold treats metal allergies in some people, if not cure them entirely. Gold crowns have just about the same wear rate as natural tooth enamel. In this regard, the use of gold crowns does not affect other opposite teeth, in terms of wear or damage. Dentists will normally put metal crowns on the back teeth.
But other than gold crowns, there are other dental crowns that are created from ceramic materials like porcelain. Unlike gold crowns, porcelain or ceramic crowns can almost look like natural teeth if well created. However, the only major weakness with porcelain crowns has to do with their strength. On average, gold crowns are stronger than porcelain crowns. Porcelain crowns are mostly used for creating front teeth. Porcelain crowns are not good for back teeth, given the heavy chewing and grinding.

To make porcelain crowns stronger, dentists will typically fuse them with other metals. When combined with other metals, porcelain can be comfortably used for both front and back teeth. Typically,dentists prepare a shell of metal that covers the tooth being treated, and a veneer of porcelain fused over the metal.
Posted by Mike Gupton at 9:37 AM 0 Comments

Wednesday, June 08, 2011

US Silver Gold Platinum Palladium Coins

The US Mint has historically used gold, platinum and silver in its coinage. When the US was just being founded, the settlers adopted the Silver dollar as currency for the young and growing American economy.

Silver Coins
The first silver coins were to be printed in 1792, after the US Congress passed the Coinage Act of 1792 authorizing the mintage. However, the silver coins would only be produced two years later, in 1794, thanks to squabbles between the US Mint and the US Treasury. Mintage begun in earnest in 1794 and was continued for decades until 1935 when it was stopped.
Silver coins were effectively discontinued that year, only for production to resume again in 1971. The Silverless Eisenhower dollar was introduced in 1971. However, in 1979, the Eisenhower Silver dollar was replaced by the Silverless Susan B. Anthony coin in 1979. About two decades later, the Susan B. Anthony silver coin was also replaced by a new silver dollar coin. The coin was made from a copper core that was clad in an alloy of copper, zinc, manganese and nickel.

Gold Coins
The US mint produced its first gold coins in 1795. Gold coinage would continue until 1933, when all gold coins were withdrawn from circulation. The move was encouraged by the great depression of the 1930s. Through a presidential decree, the US government made it illegal for individuals to own gold US gold coins.
Tons upon tons of gold coins were returned to the US treasury and melted into gold bars, as reserves. To date, the pre-1933 gold coins are a collector’s favorite US gold coins that are hard to come by. Before the discovery of gold in California, the largest gold coin in the US was the $10 face value coin. The $10 coin had approximately ½ troy ounce of gold.
However, with the discovery of gold in California, the Double Eagle was minted, as a $20 gold coin. Authorization for the mintage of the US Double Eagle gold coins was given by the US Congress in 1849.

Currently, the official platinum bullion of the US is the American Platinum Eagle. The American Platinum Eagle has about .9995 of pure platinum content with a face value of $10, $25, $50 and $100. The first ever investment grade coin for the Platinum Eagle was authorized by the US Congress in 1996.
However, the first American Platinum Eagle coins were produced in 1997. They all featured an almost similar design. The US Mint produced around 8,000 one ounce platinum coins in 2009, each carrying a price tag of $1,792.
The US is yet to mint Palladium coins, but an Act of Congress to authorize mintage is still being discussed. Currently therefore, the US does not have any official Palladium coins or bullion.

For more information be sure to check out KMG Gold.

Posted by Mike Gupton at 10:11 AM 0 Comments

Monday, April 25, 2011

More Facts On Various Thermocouple Types

Thermocouples are temperature sensors suitable for use with any make of instrument designed or programmed for use with the same type of thermocouple. KMG Gold Recycling recycles all types of platinum and rhodium style thermocouple wire.

Thermocouples are based on the principle that when two dissimilar metals are joined a predictable voltage will be generated that relates to the difference in temperature between the measuring junction and the reference junction (connection to the measuring device). The selection of the optimum thermocouple type (metals used in their construction) is based on application temperature, atmosphere, required length of service, accuracy and cost.

When a replacement thermocouple is required, it is of the utmost importance that the type of thermocouple type used in the replacement matches that of the measuring instrument. Different thermocouple types have very different voltage output curves. It is also required that thermocouple or thermocouple extension wire, of the proper type, be used all the way from the sensing element to the measuring element. Large errors can develop if this practice is not followed.

A variety of thermocouples today cover a range of temperature from -250 C to +3000 C. The different types of thermocouple are given letter designations: B, E, J, K, R, S, T and N

Types R,S and B are noble metal thermocouples that are used to measure high temperature. Within their temperature range, they can operate for a longer period of time under an oxidizing environment.

Type S and type R thermocouples are made up of platinum (Pt) and rhodium (Rh) mixed in different ratios. A specific Pt/Rh ratio is used because it leads to more stable and reproducible measurements. Types S and R have an upper temperature limit of +1200 C in oxidizing atmospheres, assuming a wire diameter of 0.5mm.

Type S and type R thermocouples are made up of platinum (Pt) and rhodium (Rh) mixed in different ratios. A specific Pt/Rh ratio is used because it leads to more stable and reproducible measurements. Types S and R have an upper temperature limit of +1200 C in oxidizing atmospheres, assuming a wire diameter of 0.5mm.

Type B thermocouples have a different Pt/Rh ratio than Type S and R. It has an upper temperature limit of +1750 C in oxidizing atmospheres. Due to an increased amount of rhodium content, type B thermocouples are no quite so stable as either the Type R or Type S.

Types E, J, K, T, and N are base-metal thermocouples that are used for sensing lower temperatures. They cannot be used for sensing high temperatures because of their relatively low melting point and slower failure due to oxidation.

Type B thermocouples have a different Pt/Rh ratio than Type S and R. It has an upper temperature limit of +1750 C in oxidizing atmospheres. Due to an increased amount of rhodium content, type B thermocouples are no quite so stable as either the Type R or Type S. we will look into some differences between different base-metal thermocouples.

Type E (Ni-Cr/Cu-Ni) thermocouples have an operating temperature range from -250 C to +800 C. Their use is less widespread than other base-metal thermocouples due to its low operating temperature. However, measurements made by a Type E have a smaller margin of error. 1000 hours of operation in air of a Type E thermocouple at +760 C, having 3mm wires, shold not lead to a change in EMF equivalent to more than +1 C.

Type J (Fe/Cu-Ni) thermocouples are widely used in industry due to their high thermopower and low cost. This type of thermocouple has an operating temperature range from 0 C to +760 C.

KMG Gold Recycling

Posted by Mike Gupton at 6:22 PM 0 Comments

Saturday, March 19, 2011

World-Renowned Bullion Products and an Accredited ISO 9001 Gold and Silver Refinery Facility

The Royal Canadian Mint's bullion products are universal symbols of innovation, ingenuity and excellence. At the heart of our distinctive line of bullion products is our collection of Maple Leaf bullion coins in gold, silver, platinum and palladium - all guaranteed by the Government of Canada for weight and purity.

The Royal Canadian Mint also operates one of the most technically advanced and respected gold and silver refineries in the world. Our accredited ISO 9001 facility offers a variety of client services.

World Firsts. World Records.

To reach new heights of achievement for expertise, craftsmanship and can-do spirit, the Mint crafted the world's first 100-kg, 99999 pure gold bullion coin with a face value of $1 million. This coin was later recognized by Guinness World Records to be the world's largest gold coin.

Purchasing Bullion | Bullion Products | Refinery Services

Wondering how to purchase bullion?
How to purchase bullion

Our bullion products can be purchased through banks, coin dealers, foreign currency exchange offices, and brokerage houses worldwide. Choosing your best purchasing avenue is a personal decision. Here are some points to consider prior to selling or buying bullion:

•Are you dealing with a reputable vendor/advisor that understands the bullion market?
•Is the vendor/advisor well established with a history of satisfied clients?
•Have you remembered the importance of looking at more than one vendor/advisor to get competitive quotes?
•What policies are in place to ensure your satisfaction for buying or selling bullion?

Prices of gold and silver bullion products are based on international market rates which vary daily, as well as supply and demand. Be prepared for a reasonable premium to be charged over the daily spot quotations to cover manufacturing, transportation and distribution costs.

Purchasing Bullion | Bullion Products | Refinery Services

Universally recognized for quality and purity
Gold and other bullion products from the Royal Canadian Mint are universally recognized for their quality and purity. The Mint refines and produces Maple Leaf bullion coins, gold kilo bars, trade bars and gold wafers - all struck with their weight and purity. Our bullion coins are also recognized as legal tender in Canada.

Our Gold Maple Leaf coins are the world's most popular pure gold coin. Since their introduction in 1979, over 20 million troy ounces have been sold. As the first bullion coin to achieve the heightened standard of 9999 fine, the Gold Maple Leaf is available in five weights from one-twentieth of an ounce to one troy ounce. Also of special interest are the one ounce gold bullion coins celebrating the Vancouver 2010 Olympic Winter Games and our 99999 Gold Maple Leaf.

Encouraged by the success of the Gold Maple Leaf, the Mint introduced Silver Maple Leaf Coins in 1988. The Silver Maple Leaf is minted with one troy ounce of 9999 fine silver. The coin has a face value of $5, the highest face value of any comparable silver bullion coin. Also of special interest are the one ounce silver bullion coins celebrating the Vancouver 2010 Olympic Winter Games.

Introduced by popular demand in 1988 are the Mint's one troy ounce Platinum Maple Leaf coins with a face value of $50.

Introduced in 2005 the Palladium Maple Leaf coins with a face value of $50. This popular one troy ounce coin is made with 9995 pure palladium.

Purchasing Bullion | Bullion Products | Refinery Services
Posted by Mike Gupton at 5:34 PM 0 Comments