But she was shocked to be told that Scotiabank, where she had bought five ounces of gold and five ounces of silver, was no longer in the precious metals business. Both the gold bullion and silver coins bear the Scotiabank logo. “I have bought gold and silver from Scotiabank. So why didn’t Scotiabank inform me that they were closing their precious metals department?” said Lynda Gatehouse, of Whitby. Many people invest in precious metals as part of their portfolio by buying shares in gold and silver companies, but you can also buy physical gold and silver bars or coins. In 2013 Gatehouse paid $22 an ounce for five ounces of silver for a total of $110 and $1,376 an ounce for five ounces of gold at a cost of $6,880. Gatehouse said she did estate planning and decided to sell the gold and silver and give her son the proceeds, but was frustrated when her bank offered no guidance on what to do with the precious metals. “I haven’t been given any information on where I can take it to sell it, however they said I could take it to a pawn shop and I’m sorry I don’t operate that way,” Gatehouse said. CTV News reached out to Scotiabank, and a spokesperson said: “In the second quarter of 2020, Scotiabank announced the discontinuation of its metals business. Other financial institutions continue to trade in precious metals.” Canada’s other four major banks still buy and sell gold, but they have different policies and can only buy back gold bought by them. Along with jewelers and pawn shops, there are precious metals dealers who specialize in buying gold and silver, which is where Gatehouse ended up on the advice of her financial planner. Gatehouse sold the gold and silver and paid the dealer a commission. The five ounces of silver he bought in 2013 for $10 only appreciated $15 in nine years to $125. However, five ounces of gold did appreciate from $6,880 to $10,800, an increase of $3,920. Gatehouse still believes her bank could have done more to help her and other customers who bought their gold and silver. “I’m really disappointed that they didn’t let me know they were closing their department and leaving us high and dry,” Gatehouse said. If you own gold and silver and want to sell it, it is important to know the spot price, because it fluctuates every day. You may also want to get three estimates to make sure you’re getting the best price you can.


title: “Scotiabank Refuses To Buy Back Ontario Woman S Gold Klmat” ShowToc: true date: “2022-11-10” author: “David Shipp”


But she was shocked to be told that Scotiabank, where she had bought five ounces of gold and five ounces of silver, was no longer in the precious metals business. Both the gold bullion and silver coins bear the Scotiabank logo. “I have bought gold and silver from Scotiabank. So why didn’t Scotiabank inform me that they were closing their precious metals department?” said Lynda Gatehouse, of Whitby. Many people invest in precious metals as part of their portfolio by buying shares in gold and silver companies, but you can also buy physical gold and silver bars or coins. In 2013 Gatehouse paid $22 an ounce for five ounces of silver for a total of $110 and $1,376 an ounce for five ounces of gold at a cost of $6,880. Gatehouse said she did estate planning and decided to sell the gold and silver and give her son the proceeds, but was frustrated when her bank offered no guidance on what to do with the precious metals. “I haven’t been given any information on where I can take it to sell it, however they said I could take it to a pawn shop and I’m sorry I don’t operate that way,” Gatehouse said. CTV News reached out to Scotiabank, and a spokesperson said: “In the second quarter of 2020, Scotiabank announced the discontinuation of its metals business. Other financial institutions continue to trade in precious metals.” Canada’s other four major banks still buy and sell gold, but they have different policies and can only buy back gold bought by them. Along with jewelers and pawn shops, there are precious metals dealers who specialize in buying gold and silver, which is where Gatehouse ended up on the advice of her financial planner. Gatehouse sold the gold and silver and paid the dealer a commission. The five ounces of silver he bought in 2013 for $10 only appreciated $15 in nine years to $125. However, five ounces of gold did appreciate from $6,880 to $10,800, an increase of $3,920. Gatehouse still believes her bank could have done more to help her and other customers who bought their gold and silver. “I’m really disappointed that they didn’t let me know they were closing their department and leaving us high and dry,” Gatehouse said. If you own gold and silver and want to sell it, it is important to know the spot price, because it fluctuates every day. You may also want to get three estimates to make sure you’re getting the best price you can.


title: “Scotiabank Refuses To Buy Back Ontario Woman S Gold Klmat” ShowToc: true date: “2022-12-19” author: “Enid Parks”


But she was shocked to be told that Scotiabank, where she had bought five ounces of gold and five ounces of silver, was no longer in the precious metals business. Both the gold bullion and silver coins bear the Scotiabank logo. “I have bought gold and silver from Scotiabank. So why didn’t Scotiabank inform me that they were closing their precious metals department?” said Lynda Gatehouse, of Whitby. Many people invest in precious metals as part of their portfolio by buying shares in gold and silver companies, but you can also buy physical gold and silver bars or coins. In 2013 Gatehouse paid $22 an ounce for five ounces of silver for a total of $110 and $1,376 an ounce for five ounces of gold at a cost of $6,880. Gatehouse said she did estate planning and decided to sell the gold and silver and give her son the proceeds, but was frustrated when her bank offered no guidance on what to do with the precious metals. “I haven’t been given any information on where I can take it to sell it, however they said I could take it to a pawn shop and I’m sorry I don’t operate that way,” Gatehouse said. CTV News reached out to Scotiabank, and a spokesperson said: “In the second quarter of 2020, Scotiabank announced the discontinuation of its metals business. Other financial institutions continue to trade in precious metals.” Canada’s other four major banks still buy and sell gold, but they have different policies and can only buy back gold bought by them. Along with jewelers and pawn shops, there are precious metals dealers who specialize in buying gold and silver, which is where Gatehouse ended up on the advice of her financial planner. Gatehouse sold the gold and silver and paid the dealer a commission. The five ounces of silver he bought in 2013 for $10 only appreciated $15 in nine years to $125. However, five ounces of gold did appreciate from $6,880 to $10,800, an increase of $3,920. Gatehouse still believes her bank could have done more to help her and other customers who bought their gold and silver. “I’m really disappointed that they didn’t let me know they were closing their department and leaving us high and dry,” Gatehouse said. If you own gold and silver and want to sell it, it is important to know the spot price, because it fluctuates every day. You may also want to get three estimates to make sure you’re getting the best price you can.


title: “Scotiabank Refuses To Buy Back Ontario Woman S Gold Klmat” ShowToc: true date: “2022-10-26” author: “Augustine Polhemus”


But she was shocked to be told that Scotiabank, where she had bought five ounces of gold and five ounces of silver, was no longer in the precious metals business. Both the gold bullion and silver coins bear the Scotiabank logo. “I have bought gold and silver from Scotiabank. So why didn’t Scotiabank inform me that they were closing their precious metals department?” said Lynda Gatehouse, of Whitby. Many people invest in precious metals as part of their portfolio by buying shares in gold and silver companies, but you can also buy physical gold and silver bars or coins. In 2013 Gatehouse paid $22 an ounce for five ounces of silver for a total of $110 and $1,376 an ounce for five ounces of gold at a cost of $6,880. Gatehouse said she did estate planning and decided to sell the gold and silver and give her son the proceeds, but was frustrated when her bank offered no guidance on what to do with the precious metals. “I haven’t been given any information on where I can take it to sell it, however they said I could take it to a pawn shop and I’m sorry I don’t operate that way,” Gatehouse said. CTV News reached out to Scotiabank, and a spokesperson said: “In the second quarter of 2020, Scotiabank announced the discontinuation of its metals business. Other financial institutions continue to trade in precious metals.” Canada’s other four major banks still buy and sell gold, but they have different policies and can only buy back gold bought by them. Along with jewelers and pawn shops, there are precious metals dealers who specialize in buying gold and silver, which is where Gatehouse ended up on the advice of her financial planner. Gatehouse sold the gold and silver and paid the dealer a commission. The five ounces of silver he bought in 2013 for $10 only appreciated $15 in nine years to $125. However, five ounces of gold did appreciate from $6,880 to $10,800, an increase of $3,920. Gatehouse still believes her bank could have done more to help her and other customers who bought their gold and silver. “I’m really disappointed that they didn’t let me know they were closing their department and leaving us high and dry,” Gatehouse said. If you own gold and silver and want to sell it, it is important to know the spot price, because it fluctuates every day. You may also want to get three estimates to make sure you’re getting the best price you can.


title: “Scotiabank Refuses To Buy Back Ontario Woman S Gold Klmat” ShowToc: true date: “2022-11-23” author: “Edmund Garcia”


But she was shocked to be told that Scotiabank, where she had bought five ounces of gold and five ounces of silver, was no longer in the precious metals business. Both the gold bullion and silver coins bear the Scotiabank logo. “I have bought gold and silver from Scotiabank. So why didn’t Scotiabank inform me that they were closing their precious metals department?” said Lynda Gatehouse, of Whitby. Many people invest in precious metals as part of their portfolio by buying shares in gold and silver companies, but you can also buy physical gold and silver bars or coins. In 2013 Gatehouse paid $22 an ounce for five ounces of silver for a total of $110 and $1,376 an ounce for five ounces of gold at a cost of $6,880. Gatehouse said she did estate planning and decided to sell the gold and silver and give her son the proceeds, but was frustrated when her bank offered no guidance on what to do with the precious metals. “I haven’t been given any information on where I can take it to sell it, however they said I could take it to a pawn shop and I’m sorry I don’t operate that way,” Gatehouse said. CTV News reached out to Scotiabank, and a spokesperson said: “In the second quarter of 2020, Scotiabank announced the discontinuation of its metals business. Other financial institutions continue to trade in precious metals.” Canada’s other four major banks still buy and sell gold, but they have different policies and can only buy back gold bought by them. Along with jewelers and pawn shops, there are precious metals dealers who specialize in buying gold and silver, which is where Gatehouse ended up on the advice of her financial planner. Gatehouse sold the gold and silver and paid the dealer a commission. The five ounces of silver he bought in 2013 for $10 only appreciated $15 in nine years to $125. However, five ounces of gold did appreciate from $6,880 to $10,800, an increase of $3,920. Gatehouse still believes her bank could have done more to help her and other customers who bought their gold and silver. “I’m really disappointed that they didn’t let me know they were closing their department and leaving us high and dry,” Gatehouse said. If you own gold and silver and want to sell it, it is important to know the spot price, because it fluctuates every day. You may also want to get three estimates to make sure you’re getting the best price you can.