- Does Guildhall Offer Discounts?
Guildhall Precious Metals Online maintains competitive pricing within the bullion industry and is happy to offer volume discounts. Pricing on all bullion products are listed at Guildhall Precious Metals Online are displayed with graduated pricing based on purchase quantities. However, customers wishing to purchase more than the displayed amounts are encouraged to contact us directly for pricing quotes where additional volume discounts may be offered.
- Does Guildhall Accept Credit Cards?
Guildhall does not accept credit cards as a form of payment for physical precious metals.
- Why Are Precious Metals Priced in US Dollars?
As the world’s reserve currency, all commodities are globally valued in US dollars. Canadian pricing conversions are available on this site based on current posted exchange rates. Please click on the Canadian Flag on the homepage to change your currency to suit your preferences.
- What does fabricated product mean?
Globally accepted refiners produce a variety of precious metals products from its raw form. Once the precious metal has been refined to 999.9% purity it is then cast into a wide variety of bar and coin sizes. The larger the size of the bar the lower the cost to fabricate; this results in a lower premium. Smaller products are generally more costly to produce and hence have a larger overall premium. Coins are also produced in small increments and have added artistry and anti-counterfeiting measures; as a result coin products tend to have the largest premiums.
- What does LBMA mean?
The LBMA stands for the London Bullion Market Association. They are an international trade association representing the London Market for gold and silver bullion. The LBMA sets the standards for what bullion products are considered “Good Delivery”. The LBMA maintains a “Good Delivery List” which entails the refiners whose gold and silver bars meet their standards.
- What is the spot price?
The spot price is the current explicit value of the precious metal. This is the current value of non-fabricated product. The arrow to the right of the price quote represents where the current spot price is in relation to the spot price at the close of the previous day.