MELT & ASSAY

London Gold Buyer's head office is home to the only gold melt and assay operation in South Western Ontario.

At this location, London Gold Buyer's wholesale clients have access to our state of the art equipment which allows for quick and accurate melting and testing of gold. Using our induction melter, we are able to rapidly melt various karats of gold into a homogenous state and take a vacuum pin sample of the material for testing.

That sample is then placed on our XRF Spectrometer and is tested for its elemental components.

The sample is large enough that it can be split and given to the client if he or she wishes to keep it for accounting or for 3rd party testing. The molten metal is then poured and weighed and settlement is calculated on live spot pricing, weight, purity and payout percentages.

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The entire process takes as little as 15 minutes and our clients are able to leave with settlement in hand, either in cash, company cheque or same day direct deposit or bank wire.

Clients for melt and assay services include jewelers, pawn shops, coin and precious metal dealers and anyone who has a larger amount of gold in any form.

Please contact our head office directly for payout rates and procedures.