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"Conflict-Free" certified by the EICC

CFSIUnited Precious Metal Refining, Inc. ("UPMR") has been certified by the EICC - GeSI (Electronics Industry Citizenship Coalition and the Global e-Sustainability Initiative) as a "Conflict-Free" Smelter.

United Precious Metal Refining, Inc. ("UPMR") affirms our commitment to show that gold we supply to our customers are in compliance with the OECD (Organization for Economic Co-operation and Development) and LBMA (London Bullion Market Association) guidance.  We are also in compliance with the EICC – GeSI Conflict-Free Sourcing Initiative for sourcing only from "conflicted" areas of the world subjected to Responsible Supply Chain due-diligence.  This guidance, as recommended by the LBMA and the OECD, is in keeping with the compliance and reporting information that is required by the Dodd-Frank Act, has been part of UPMR policy since October of 2011. 

Gold, or their derivatives, including tantalum, tin and tungsten are mined by armed groups and rebels using unfair human rights and labor practices.  It does happen that some of this material is moved in such a way to attempt to integrate it into the supply chain for use in the creation of products used around the world.   UPMR commits to ensuring our refining operations are "conflict-free".  As part of that commitment, UPMR will avoid and refuse any materials that directly or indirectly support or benefit unlawful armed conflict or contribute to serious human rights abuses or breaches of international humanitarian law.

To comply with the Dodd-Frank Wall Street Reform and Consumer Protection Act (Section 1502), UPMR performs "due-diligence" on certain minerals in which the original type of material and source of origin cannot be readily verified (such as melted gold or processed material).

It has been and remains the policy of UPMR to refuse all metal from the "conflicted areas"*   However, to ensure that such material does not enter the supply chain, UPMR will perform due-diligence on materials received by UPMR in forms that are not readily identifiable.

UPMR is committed to continued compliance with the recommended regulatory guidance and will cooperate fully with any reporting obligations.  UPMR will discontinue doing business with any supplier whom we identify as knowingly obtaining metal from any party who pose a reasonable risk of supporting illegal activities from the "conflicted areas".  We will continue to conduct our business in a socially responsible manner with respect for human rights and ethical practices.

*It is permissible to accept metal from the above stated countries/regions following an extensive due diligence/chain of custody search in order to ensure that such materials were obtained and processed through approved and well documented channels. UPMR will not accept any materials from these countries/regions unless such documented quantities were sufficient enough to merit a site visit to the source of the material.

Updated: May 14, 2015

Precious Metal Spot Prices

  Bid Change
Gold $1,771.72 -$0.33/-0.02%
Silver $17.98 +$0.11/+0.62%
Platinum $809.78 -$1.87/-0.23%
Palladium $1,914.10 +$11.61/+0.61%
Gold 2020-07-04 1:59 AM
Bid/Ask $1,771.72/$1,778.26
High/Low $1,777.28/$1,772.75
Change -$0.33/-0.02%
Silver 2020-07-04 1:59 AM
Bid/Ask $17.98/$18.14
High/Low $18.07/$17.95
Change +$0.11/+0.62%
Platinum 2020-07-04 1:59 AM
Bid/Ask $809.78/$817.20
High/Low $820.66/$806.95
Change -$1.87/-0.23%
Palladium 2020-07-04 1:59 AM
Bid/Ask $1,914.10/$1,929.30
High/Low $1,936.94/$1,886.68
Change +$11.61/+0.61%

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Prices shown are for reference only. Please contact our trading desk for accurate, up-to-the-minute pricing.