Today gold prices closed at $1661.10 per troy ounce.

You can check live gold prices anytime with this link to our website.

Attention people in San Diego who want to sell gold!

NY spot Gold prices broke a new record high and are now above $1600 per troy oz.  This new price level is the highest ever.

$37.50 per troy oz.

We buy silver coins, bars, medallians, ingots, sterling art bars, and large sets of tableware.  We sell silver coins and bars.

In the past 2 days we have been overwhelmed with calls from people wanting to buy investment grade silver.  We are out of stock.

Gold Refinery of San Diego now offers xrf gold assays at our buying office on Mission Gorge Rd.  Previously we only did assays at our refinery.  Now we can do assays on the spot at our buying office.

X-ray flourescence allows us to test gold in seconds.  We can do a 90 second test and detect the exact percentage of gold, silver, platinum, and/or paladium content in a sample with a margin of error as low as 0.01%.

XRF gold assays are free (as-needed basis) to people interested in selling gold to us.  We use this test in the course of buying your gold.  We do not offer independent testing or assay certificates to people who are not interested to sell  gold to us.  

If you are not interested in selling us gold, but you are interested in having a 

Gold Refinery of San Diego

phn: 619-516-GOLD or 619-516-4653

www.sdgoldrefinery.com

sdgoldrefinery@sdgoldrefinery.com

5859 Mission Gorge Rd

San Diego, CA  92120

Ominous start for gold prices in 2011?

The 1st four days of trading, the price has fallen in US dollars. 

We are seeing increased gold selling due to the holiday season.  It appears people want extra money for Christmas and the other holidays.  Gold, silver, and platinum coins also make excellent presents and we can help you in this area. 

FYI: Over the last year silver prices rose 64%.

The FED is claiming low inflation but prices at Walmart are quickly increasing.

See the following article for details:

http://www.consumeraffairs.com/news04/2010/11/report-shows-prices-rising-at-wal-mart.html

We are constantly asked how to melt scrap gold.  You need a furnace that gets up to at least 2000 degrees F.  Heat the gold in a crucible.  Add Borax powder.  Stir with a graphite rod.  And pour your gold into a hot graphite mold.  Brush some oil onto the mold ahead of time, so the gold won't get stuck.  Use safety equipment (gloves, eye protection, apron).  If you are melting an item with an air pocket, it could pop (basically a mini explosion) so be careful.

If you are just getting started, you can use a small desktop furnace.

Gold's new all time high (set today) is

$1350.40 per troy ounce.

Silver's new 30 year high was set today at

$23.21 per troy ounce.