How to Sell Gold and Silver on Montreal’s North Shore: Your Questions Answered

Keyhan tests each item on-site to confirm purity, weighs it, and factors in current market rates along with Keyhan's buying policy to calculate an offer. Testing happens before any price is quoted, so the offer reflects your actual item rather than a guess.

Higher karat generally means more gold by weight, but your final offer also depends on the item's tested purity and net weight, along with Keyhan's buying policy.

A 10-gram 10K chain, for example, holds about 4.16 grams of pure gold. Multiplying that by the current price of gold per gram gives a reference figure for the metal. Keyhan's actual offer is based on tested purity, net weight, the market rate, and its buying policy, and is confirmed in branch. Today's reference prices are on Keyhan's gold and silver price page.

Stones aren't separately appraised or purchased through this evaluation. If you want a stone valued on its own, that's a separate gemstone or jewelry appraisal, not part of a gold or silver purchase.

A broken chain has the same metal value as an intact one of the same weight and karat, which is one of the most common reasons people bring items in.

Keyhan specifically buys fine (.999) silver, tested on-site the same way gold is. That's a higher standard than sterling silver (.925), which is what most silver jewelry is actually made of, so coins and bars are the most common qualifying items.

Using both methods, rather than relying on just one, is a more thorough way to verify what a piece is actually made of.

No appointment is required. Keyhan is a walk-in bureau at 219 Boulevard Labelle in Rosemère, open 7 days a week.

Keyhan uses the same CA$3,000 threshold for its currency exchange service. The FINTRAC guidance cited here concerns foreign currency exchange; the threshold described above for gold and silver is Keyhan's policy. Bring valid ID even for a smaller transaction, and contact the branch beforehand if you are unsure what is needed. Additional identification requirements may apply depending on the circumstances.

If you're planning to sell a high-value collection, contact the branch in advance to confirm the transaction can be accommodated.

Sterling silver (.925) and mixed silver are not accepted by Keyhan. Only fine (.999) silver qualifies for evaluation.

Many pieces are unmarked, or the stamp has worn off over time, and testing determines the actual purity either way.

Bank buyback rules vary by institution and product. CIBC considers buying gold and silver products it sells when you have the original receipt and the product is in pristine condition; it does not buy back collector coins and may decline a transaction. The Royal Canadian Mint also describes selling bullion through TD's storage program or by visiting a branch. Contact your bank before visiting to confirm product eligibility, account requirements, and whether an appointment is needed. These bullion programs generally do not cover jewelry or lower-karat pieces. Keyhan evaluates solid gold in any karat or form in branch.

The Canada Revenue Agency's capital gains guide (T4037) includes jewellery and coins held for personal use within "listed personal property," a category with its own rules for reporting gains. How that applies depends on the item, what you paid for it, and why you're selling, so an accountant is the right person to confirm what applies to you. This isn't tax advice.

Testing and evaluation happen in branch, in front of you, and you decide whether to accept the offer.

Keyhan also has over 400 Google reviews with a strong customer rating.