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Due to extreme market conditions and daily fluctuations in purchasing availability, please contact your local Gold Guys store directly to confirm whether we are currently able to purchase your items. Thank you for your understanding.

Beginning Tuesday April 14 we are implementing new hours of operation at our Duluth, Maple Grove, and Woodbury locations.

Monday through Friday, 10 a.m.–7 p.m.
Saturday, 10 a.m.–6 p.m.
Sunday 11 a.m.-6 p.m.
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A Beginner’s Guide to Investing in Coins, Bars, and Rounds

If you’re new to precious metals, coins, bars, and rounds can look almost identical. They’re shiny. They’re heavy. They feel valuable.

But they are not the same—and choosing the wrong one can mean overpaying by potentially hundreds of dollars, getting hit with unexpected taxes, or losing money when you sell.

This guide breaks down the real differences so you can buy gold and silver bullion with confidence, avoid common beginner mistakes, and choose the right form of metal for your investment goals. Read more »

How Did Gold & Silver Do in 2025?

Gold and silver performance shocked almost everyone paying attention to the precious metals market in 2025. While stocks inched higher and Bitcoin slipped, physical metals spent the year breaking records and rewarding patient stackers.

In this recap, you’ll see how gold, silver, and platinum actually performed in 2025, why silver “broke” in October, how metals compared to the S&P 500 and Bitcoin, and what this could mean for investing in precious metals in 2026 and beyond. Read more »

What Influences the Price of Silver More, Investment or Industry?

Most new investors think silver is simple.

But silver is one of the most misunderstood assets in the market.

Why?

Because silver is the only major metal driven by two completely different forces:

  • Industrial demand — powering solar panels, electronics, EVs, and medical technology
  • Investment demand — functioning as a safe-haven asset and inflation hedge

Most commodities behave like one or the other.
Silver behaves like both.

This dual identity is what makes silver volatile, complex, and full of opportunity for investors who understand the forces behind its price movements.

If you’ve ever wondered why silver sometimes trades like a tech metal and other times like a crisis hedge, this is the framework most beginners have been missing. Read more »

From Scrap to Bullion: How to Sell Gold, Jewelry, and Silverware and get into Smart Investments

What’s Hiding in Your Jewelry Box?

That dusty jewelry box? It’s not just sentimental clutter—it might be the most overlooked investment you already own.

Beneath layers of tarnish and forgotten stories, old jewelry and silverware hide real value. You might think that silver spoon is just for fancy dinners. But it’s actually money wearing a tuxedo, waiting to crash your investment portfolio.

Many beginner investors overlook these treasures. They’re unsure how to sell gold and jewelry near me or find scrap gold buyers near me they can trust. If you’ve searched for those terms, you’re in the right place.

Old jewelry that’s been passed down, forgotten, or even dismissed as “ugly” often contains precious metals like gold, silver, platinum, and palladium. These metals hold real value. They act as a hedge against inflation and market chaos.

Yet most people let these treasures sit idle, missing out on a chance to turn scrap silver buyers and scrap gold buyers into cash or bullion.

We’ll break down how to spot real value, why it matters, and how the Gold Guys make turning scrap into bullion straightforward and stress-free.

Investing in precious metals doesn’t have to be complicated or intimidating. It can start right in your own home. Read more »

The Weights of Precious Metals: Troy Ounces, Pennyweights, Grams & Kilograms

The Weight Game: What Every Precious Metals Investor Needs to Know

Think you know what an ounce is? In precious metals, that confidence could cost you a small fortune.

Most beginners assume their kitchen scale or bathroom scale will do the trick. Spoiler alert: it won’t. The world of gold, silver, platinum, and palladium uses units that sound familiar but play by their own rules—troy ounces, pennyweights, grams, and kilograms.

Mix them up, and you might as well be handing over a slice of your investment.

In this article, you’ll get the inside scoop on:

  • The heavyweight champion, the troy ounce (and why it’s not your grocery store ounce)
  • Pennyweights, the underdog still prized by jewelers and traders
  • Grams and kilograms, the global players you’ll meet in every market

We’ll break down what each unit means, why it matters, and how The Gold Guys keep you from getting shortchanged—whether you’re selling scrap, buying bullion, or just weighing your options.

Ready to make every gram, ounce, and pennyweight count? Let’s get started. Read more »

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