KMG Gold Recycling USA KMG Gold Recycling Canada
03/24/2023 11:16 AM     Current Market Spot Prices:     Gold:  $1,988.13/ozt   Silver:  $23.20/ozt   Platinum:  $997.76/ozt   Palladium:  $1,446.54/ozt  

Monday, November 15, 2021

New 1220 Pembina Hwy Store Hours

November 15, 2021: KMG Gold Recycling at 1220 Pembina Hwy, East side, just north of McGillivray, at Waterford Ave in Winnipeg, Manitoba has extended their operating hours buying gold, silver, platinum and palladium, jewelry, dental gold and gold bars.
Store Hours:
Monday: 10:00 AM to 4:00 PM
Tuesday: 9:00 AM to 5:00 PM
Wednesday: 9:00 AM to 5:00 PM
Thursday: 9:00 AM to 5:00 PM
Friday: 9:00 AM to 5:00 PM
Saturday: 10:00 AM to 4:00 PM
Sunday: Closed,

Posted by Michael Gupton at 12:04 PM 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...

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Posted by Michael Gupton at 9:26 AM 0 Comments

Tuesday, March 17, 2015

Food and Friends With Larry McIntosh on CJOB 680

Peak of the Markets Larry McIntosh interviews Michael Gupton, President of KMG Gold Recycling. They discuss gold, silver, platinum and what the heck is Palladium? The cash for gold business, how Michael Gupton got started in the gold business and his experiences as a gold prospector!
680 CJOB @peakofthemarket Corus Entertainment KMG Gold @mytoba Saturday March 21 2015, 680 on your AM dial in Manitoba.
Be sure to watch our Food and Friends TV live interview on which airs after the radio broadcast.
Posted by Mike Gupton at 7:35 PM 0 Comments

Monday, March 16, 2015

Hawaiian Rose Gold Better?

Just returned from a well deserved holiday in #Maui. Thanks Rolling Rock 
There were lots of tourists and cruise ship visitors that were at the #Gold shops looking at #Hawaiian gold. #rosegold etc. Rose gold is simply gold, mixed with a higher percentage of copper to make it appear reddish or rose coloured. There is nothing special about it. And it is not more valuable.
All karat gold is a mixture of gold, which is very yellow and soft, and other metals, such as silver, copper, zinc, tin etc. These other metals colour the final jewelry alloy as well as make it tougher and more resistant to scratches. As gold is very soft and easily scratched.
If Hawaiian jewelry is special to you, then it is well worth it, as that is what jewellery is all about.
Posted by Mike Gupton at 4:19 PM 0 Comments

Wednesday, March 26, 2014

Cutest Coins Ever Made? Anne Geddes For the New Zealand Mint

Photographer Anne Geddes has been long known for her adorable pictures of babies who are often photographed dressed as fairies, fairytale creatures, flowers and little animals. Her images have been published in books and calendars in 83 counties, and Geddes has proven herself to be a savvy photographer, clothing designer and businesswoman. Born in Australia and now living in New Zealand, Geddes has created a limited edition collection of coins for the New Zealand Mint.

Each of the four coins depicts a baby in typical Anne Geddes style - very cute, curdled up and sleeping! Each coin comes has a face value of $2 and is made of 999 fine silver. The first two coins in the collection were issued in 2012 (the babies sleeping on and in flowers) with additional ones issued in 2013 (baby in a cocoon) and 2014 (Christmas themed).

Sadly KMG Gold doesn't have any of these awesome coins in stock, but we promise we sell a wide range of other (slightly less cute) coins and bullion!
KMG Gold Recycling Anne Geddes NZ Mint Coins
Posted by Mike Gupton at 12:30 PM 0 Comments

Wednesday, March 19, 2014

What to Expect When You Visit KMG Gold

As you've probably heard by now, at KMG Gold we're known for our awesome customer service. We've been recognized by the BBB as an accredited business and we've even won five BBB Torch Awards for our outstanding customer service and business practices.

But if it's your first time selling your unwanted jewellery or other types of precious metals, you might not know what to expect or feel intimidated by the process. The good news is that we make it our goal to make our customers feel very comfortable and explainKMG Gold xray machine everything we do, step by step. Whether you've recycled with us a hundred times before or if it's your first time ever, we'll walk you through the entire process from the moment you step in the door.

And if you don't want to take our word for it, check out our Facebook reviews and see for yourself! The big theme we're noticing throughout the reviews is how happy our customers are that we explain everything to them, no matter how minor it seems. One of the foundations that we built this business on was customer education and it's still an important part of our mandate.

When you walk through our door, we'll ask if you've ever been here before and then invite you to place what you've brought in on a tray. Then we'll run a magnet over the metals to see if they're magnetic. Gold and silver aren't magnetic so if the magnet picks up the jewellery, it means it's just costume jewellery, which we don't purchase. After this, we'll use a jeweller's loupe to see if the metal has any markings on it, like 10K or 18K or 999. If it's silver, we'll make a notch in the metal and use acid to test if it is genuine. This does hurt the piece of metal or jewellery, but we always get your permission to make sure that it's okay before we do it!

If the item is gold or something other than silver, we might run it through our x-ray machine to get a quick and accurate analysis of the exact metal contents of the item. Putting the item in the x-ray machine doesn't do any damage to it, but we'll be sure to remind you of it just in case you're worried!

So don't be shy, come down to 620 Academy Road and we'll give you a complimentary assessment of whatever you've brought in to us. And if this is really interesting to you, you can even buy your own metal testing supplies at do what we do from inside your home!

Pictured: The KMG Gold xray machine.

Posted by Mike Gupton at 12:00 PM 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 05, 2014

Gold Gossip: The Cariboo Gold Rush

KMG Gold Gold Gossip Cariboo Gold RushYou've probably heard of the California Gold Rush and the Klondike Gold Rush, but do you know about the Cariboo Gold Rush? In our latest edition of KMG Gold's Gold Gossip blog series we'll tell you all about this exciting time in history.

Although not as major as the California and Klondike Gold Rushes, the Cariboo Gold Rush occurred in what's now the Canadian provinKMG Gold Cariboo Gold Rush Barkervillece of British Columbia and began as early as 1852. In 1858, the Hudson's Bay Company shipped over 800 ounces of gold to the Federal Mint in San Francisco which ignited gold fever. The California gold rush had happened only a few years earlier so the Cariboo sounded like it was the next hot spot for finding gold.

The summer of 1858 saw over 30,000 prospectors sail to Victoria where they first needed to obtain a valid mining license which would allow them to prospect for gold. Gold seekers took to the Fraser River, looking for gold in the sand bars and a lot of people returned to California when they didn't find much. But for those who stuck with it, they worked their way up the Fraser River and reached the Cariboo in 1862, getting lucky.

Initially the gold seekers were American, but as the American Civil War raged on, most went back home, and the prospectors were largely Canadian. It was a Canadian named Billy Barker who found gold first in the Cariboo on Williams Creek. This led to the creation of Barkerville which boomed into a town of 10,000 people all on the hunt for gold. And by 1865, the gold rush was in full swing!

We can thank the gold rush for...
  • Many new towns sprung up who were run by men and women who would become pioneers in the new agriculture and business communities.
  • The city of Victoria hugely expanded and developed.
  • Wagon Road was created by Royal Engineers and stretched 400 miles from Yale into Barkerville.
  • Wagon Road made it possible for the soon-to-be Canadians to access and hold authority over the Cariboo goldfields to ensure the wealth didn't pass through into the United States.

Posted by Mike Gupton at 11:30 AM 0 Comments

Wednesday, August 14, 2013

It's Finally Here! Shop Online with KMG Gold!

KMG Gold shop online ecommerce siteThe wait is over! KMG Gold Recycling is proud to announce the official launch of our new ecommerce site that gives customers a high-quality online shopping experience. Our first class ecommerce site offers our customers a shopping experience that is truly one-of-a-kind.

Our new site is ideal for those looking to set up their own gold buying businesses, offering everything to complete the process from start to finish; including gold testing products, crucibles, ingot molds and more. Truly offering something for every customer, our site also features hundreds of collectible coins for purchase. We're excited to sell numismatics, Royal Canadian Mint products as well as other coins and paper money from around the world. New items are added daily and feature a wide range of products that are perfect for beginners starting their coin collections and for seasoned coin veterans looking for that specific, rare coin.

Easy to navigate and laid out in a user-friendly manner, KMG Gold is certain that this site will be a game-changer in terms of how people shop in the gold buying industry. We look forward to attracting new customers from across North America and are certain that our high-quality products and positive shipping experience will further increase our already expanding customer base.
Posted by Mike Gupton at 12:30 PM 0 Comments

Wednesday, August 07, 2013

Coming Soon! KMG Gold Recycling's E-Commerce Site

KMG Gold is excited to announce the upcoming launch of our new ecommerce site which will offer products and services to better serve our existing, and future, customer base. We've teamed up with RDO Induction LLC (a leading supplier of induction furnace melting equipment for ferrous, non-ferrous and precious metal alloys) so that we can distribute their leading line of refinery products to our valued customers across North America.

KMG Gold is now officially a Canadian distributor for RDO Induction LLC and we'll be offering several different types of accessories like crucibles, ingot molds, safety and handling equipment and much more, that are crucial to the precious metals industry. We're so excited to offer our loyal customers these new products and services, and we hope they'll be as excited as we are. With the launch of our ecommerce site, we hope to better serve our customers by giving them a one-stop shop for tools, equipment and knowledgeable industry advice. We also know that by increasing our services offered, it helps solidify our position as Canada's leading precious metal recycler. KMG digger logo

For more updates and information about the launch of our ecommerce site, be sure to like us on Facebook and follow us on Twitter. And of course, keep reading our blog to stay tuned for exciting updates and other industry news!

Posted by Mike Gupton at 1:13 PM 0 Comments

Tuesday, July 12, 2011

Scrap Gold Buyer Online In Calgary – Gold Might Not Serve All Time Hedge

Scrap gold buyer online in Calgary, KMG gold also buys thermocouple wire for the precious metal platinum content in it. When it is about the best place to sell your gold jewellery, silver jewelry or other precious metals jewelery, KMG Gold Recycling is the trusted authority, they provide the tradition of excellence with high quality and unparalleled service.

If you think gold will hedge all your other investments you are probably not thinking right. You need to sell your gold and buy gold within decent gold buying prices and gold selling prices and enjoy the periodic profits. The major idea of holding gold and investing in gold is centered round the idea that gold is the principal hedge in investment and to inflation. The common advertisement is that it is a great hedge against inflation.

It is quite significant to understand in practical terms that that gold might not be ideal as a hedging instrument at all times. You need to know that there are some times there are better inflation hedges from the other commodities list that exist and therefore there are people who do not trust just gold and they diversify their investment to all those assets.

There are several National Savings and other investment patterns that one can consider as well. These certificates as well come with a promise of an interest return on a monthly basis. Some of the returns from gold are taxable while in the case of specific nationalized savings it is not taxable and it is permitted tax free.

When considered in terms of other kind of standard investment idea, gold a highly volatile investment idea and the value of the metal can go down when inflation peaks high as well. There is a distinct inter-relationship between Inflation and the price of gold. However, in real time market trends the actual price of gold tends to deviate from its natural trend in quite an unexpected and unpredictable manner that it cannot be termed as the best of the effective hedge.

Several accounting regulators tend to view hedging your investment from a different point of view. From their angle, they say gold is not an as effective hedge. According to principles of hedge accounting, it is very important to choose hedging instruments that fulfills the characteristics needed for hedging. Hedging involves the idea of offsetting the gains and losses that has been incurred on foreign currency that can be with respect to the overall accounting of loans and assets possessed by the individual or company. The end effect of this treatment is that the gains and loss can be posted in terms of the hedging instrument and the eventual result should show up as null if it is a true hedge. Therefore, for gold to play an effective hedge it should qualify in terms of the proportion of investment you allot to gold to precisely see it an effective hedge.

Posted by Caitlyn Diamond at 10:26 AM 0 Comments