Settlement time may vary by material type, generally five (5) to eight (8) weeks from receipt or witness. Payment of metals will be after assay values are agreed upon by both parties and market date is selected by customer. The market date is on a “Tomorrow moving forward basis.” To price metals the day of market desired MST will need to be notified before 9:00 AM EST.
Markets used for payment
- Gold: London PM Fix
- Silver: London PM Fix
- Platinum: London PM Fix
- Palladium: London PM Fix
- Rhodium: London Metal Exchange 3 Month low
- Copper: American Metal Market Refiners #2
Payment Methods: All payments are made two (2) business days after settlement.
- Metal Transfer: To your account at local bullion houses.
- Wire: Subject to bank fees.
- Pool: Metal held in your account at MST.
- Physical: .9999 grain or bullion issued. Subject to market premium
**Settlement times subject to change due to unforeseen circumstances**