Metal Prices: Silver $16.73 Gold $1255.7Plat $933.04

Prices based on London PM Fix (Last Updated: June 25, 2017)

Precious Metals Refiner

Wholesale Manufacturer & Distributor

Call Us Toll Free 800-852-3860
Questions? Contact G&S Metals Contact Us

Gold Scrap Refining with G&S Metals

 

G&S Metals Refining Services

  Getting Started
  Silver Scrap Refining
 ► Gold Scrap Refining
  Dental Scrap Refining
  Refining Accountability Table

Gold scrap refining has stolen the lime light or rather the golden light recently as gold's value has soared. G&S Metals and Refiners has been a refiner of karat gold scrap since 1954, well before the $1,000 gold price per ounce barrier was surpassed and that experience has stayed with us, even as the cost of gold waxes and wanes. We remain the premier precious metals refiner for south eastern Michigan, and extend the same great service to all of our customers, regardless of their distance.

With our proven track record of honesty and integrity, the simplest accountability structure that doesn't rely on hidden fees to reduce overall payouts, and with our one hour turn around we extend the same great service we've been known for since our opening in 1954.

NEW Changes in Refining: G&S will only process clean filings, call the office prior to shipping. 

If you want to ship your gold scrap refining to us, please follow our tips on packaging your scrap for shipment and include a refining shipping form with each batch of refining. For karat gold scrap we also have an estimated insurance value calculator to reduce the guessing involved in adding insurance to your shipment. If you are unfamiliar with pennyweights (dwt) feel free to use our weight converter.

Our refining accountability for refining gold is detailed in the below table:

Metal

Type

Weight Minimum

Accountability

based on assay results

Refining Fee

Results and Payout In

Gold

(Au)

Karat Solids Over 1,000 dwt  99% NONE   10 to 14 Business Days
500 dwt to 999 dwt  98% NONE
300 dwt to 499 dwt  97% NONE
50 dwt to 299 dwt  95% NONE
Under 49 dwt   95% $50
Coins & Bars 24K Bars 95% NONE   10 to 14 Business Days
24K Coins 95% NONE
Karat Dental Karat Dental Gold Over 50 dwt 95% NONE   10 to 14 Business Days
Karat Dental Gold Under 50 dwt 95% $50
 Yellow Gold Filled Gold Filled 250 dwt 90% NONE
XRF Assay on solids material Smaller batches of solids can be refined for additional refining fees

If you have any questions regarding your scrap, please call G&S Metals Inc. for clarification. There is no refining fee for clean karat, dental or silver scrap, please see our refining fees table for weight minimums.

Settlement options:

  • Pay your bills

  • Sell your gold

  • Take your gold back

  • It's your decision!

  • Credit Account for a 2% discount on purchases

  • Any combination of the options listed above.