About Us

Buy / Sell / Trade

With the same name, same people and same phone number.

Call us today:  713-520-5111

We pay 99% on Spot prices, based on quantiy

Our melt / assay process takes about 20 minutes and done while you watch.  

        Fast, and friendly service.

Same Day Service

Come in today with your precious metals and walk out the same day with immediate payment.

Who We Are

In business since 1982


Jaime Raskansky - Owner

Becoming an entrepreneur is not an easy task, it's a gamble, and in fact it can be the biggest risk anyone can make. There are two avenues which the endeavor can end up; failure or success. Jaime Raskansky considered a pioneer of the Gold industry in the city of Houston TX, is the Owner and CEO of Gold and Silver Traders (GST) which sells, analyzes and processes several precious metals. Raskansky placed his bet in 1982 and continues to reap many benefits from his successful venture.

Always a hard and dedicated worker Raskansky was working full time as a manager at a popular Mexican restaurant when he decided it was time to take the first step in becoming his own boss. Unlike most people who want to own their own business Raskansky did not look to a business that he knew well but went further and chose to pursue something that had always fascinated him; precious metals. Raskansky knew that this was not going to be simple but his driven personality would not let him give up as he researched metals such as gold, silver, platinum, palladium, iridium, ruthenium and rhodium.

Not only did Raskansky educate himself on the different types of metals and their worth, but he studied the business of the metal market. He made countless calls to several refiners and similar companies inquiring the overall information about metal trading, processing, pricing and using his own funds; Raskansky purchased a kit that would assist him in verifying if a piece was gold or silver, which would prove to be very resourceful. Within a short amount of time Raskansky was able to identify and analyze the purity and quantity of a given metal and was able to quote the worth of the product.

Educated in the Metal Market as well as the technical aspect of the business Raskansky sought out to set up shop and take his dream to the next level. He was able to rent a humble property in Houston where his business could flourish. A proud but wise man Raskansky did not turn away assistance from co-workers and friends who loaned him funds and machinery to launch his business. Raskansky even re-claimed a sign from a failed business and placed it outside of his own business. Raskansky was new to the metal market and was aware of the challenges but knew the rewards would be vast. He considered his advantages of being the sole proprietor; having the ability in making crucial decisions, whether right or wrong without having the burden of consulting with co-owners or partners. His intelligence also allowed him to recognize that his advantage could also be hinderous as he would not have the ability to evaluate other ways of evolving his business or receiving input from a different perspective.

Raskansky's endeavor proved to be successful in the initial years of opening, even under the Ronald Reagan Administration where small businesses were faltering and going under; GST was standing strong as Raskansky invested in newer and more efficient machinery that would even further his company and earn it a first string player position in the local market. Raskansky investments made him a top dog locally as his techniques in letting the customer with proper training and supervision use the machinery to melt the metal and analyze it themselves. This not only gave the customer peace of mind on the appraisal of the metal they provided but also raised Raskansky locally for his ability to make the customer feel valued.

Raskansky relies on his reputation and references to fuel the continued success of his company and claims that the encompassment of integrity, having the capital to purchase large amounts of metal and simply being there primarily for the customer attributes to GST's key success. Raskansky chooses dedicated employees who exhibit professionalism and mirror his ability to value the customer as much as the precious metal they present and strongly believes that this has an enormous impact on the level of success of GST or any company.

Raskansky describes the biggest reward of owning and running his own business is that his customer base and clientele has remained loyal and satisfied with the services GST provides. Advertisement of GST and its quality of customer service is not necessary as the word of mouth by customers has engulfed local and national gold dealers, pawn shop owners, jewelers, jewelry shop owners, watch makers, coin collectors, and has reached several international companies attention.

Raskansky was recently approached by another businessman interested in purchasing GST. The man made him a very generous offer for the business that Raskansky had cultivated and nurtured for over 30 years. This put Raskansky at a crossroad proving to be probably the most difficult dilemma since deciding to start his business. If he took the man's offer he could sell the business and retire, or invest more in equipment and continue the expansion of his business. He chose the latter of the two options and purchased more machinery. He now has the ability to help multiple customers by using the equipment he purchased.

When asked what he would do if he could go back and do it all over again Raskansky stated that he would have invested what he had into the the most supreme machinery that was available as well as even market the business and duplicate the success to other cities. He also said that by having a more definite business plan of operation and keeping his goals realistic GST might be even more well off than they are now.

Jaime Raskansky followed his dream as well as he taught himself in the Metal market and has become a respected member of the metal as well as business community in Houston. He has been invited to Africa, South America and Australia to provide expertise and help set up companies to mirror the same concept that his multiple offices use. The process in which he operates has been perfected over the years and has been copied over and over again, yet Raskansky challenges him and the market and pushes forward with new ideas of cultivation of precious metals and never forgets the humble beginnings that have brought GST and himself to where they are and where they will go.



   Scrap Metals

   Karat Bars

   Thermocouple Wire

   Petro Chremical Labware




   Buffing Dust

Buy / Sell Trade







     Exotic Metals

Gold Coin and Bars and Grain

We are here to supply all your Gold Coin and Bar and Grain needs.

 At Gold and Silver Traders, it doesn't matter what your Gold needs are, we are here to supply it, including Casting Grain. 

Diamond Removal Service

Gold and Silver Traders offers industry-leading diamond removal services.  Send us your scrap gold and we will remove and return your diamonds in less than 24 hours.  This turnaround time is un-matched in the industry!

Because of the speed and technology used, at this time only diamonds can be returned (no glass, plastic, semi-precious, or other precious gems).

Getting Started at Gold and Silver Traders

Our Process at Gold and Silver Traders

Gold and Silver Traders, established in 1982, has been a local fixture here in Houston for the precious metals business. We have been leading the industry with our top of line technology, traditional processes and environmental consciousness. Conveniently located in The Galleria area for over 30 years, we aim for the most transparent, trustworthy and personalized transactions in the business. We use a consistent, proven process to handle your precious metals scrap. Our customers praise us for our speed, accuracy and reliability.

Step 1:  Open an Account

New clients can open an account with Gold and Silver Traders online.  All potential customers must submit pertinent information in compliance with USA Patriot Act legislation for dealers in precious metals and gems.

Your cooperation in completing this process is greatly appreciated and please know that your information will be kept strictly confidential.  Upon completion, customers will be issued a username and password for www.goldandsilvertraders.com so that they may begin using the various features of the site.

Step 2:  Prepare Shipment or Visit Us

After opening an account with Gold and Silver Traders, you may either prepare a shipment to us directly or you may bring precious metals scrap to our facility in Houston, Texas.

Step 3:  Pricing Options

Once your precious metals scrap is received, you may lock in a price by calling our Trading Department at (713) 520-5111.  You may also keep your payable ounces in a pool account to hold for future pricing or a metal exchange.  Alternatively, you may authorize our trading department to lock in a price upon melt and final analysis of your material.  Please see How to Sell Gold / Precious Metals for further details.

Step 4:  Payment Options

You will be paid in accordance with your preferred method of payment as indicated on your shipping form.  If you would like to change your payment method, please call our trading department to make other arrangements at (713) 520-5111.


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Contact Us

Better yet, see us in person!

We love our customers, so feel free to visit during normal business hours.

Gold and Silver Traders

5901 Westheimer Rd Ste C, Houston, TX 77057, US

(713) 520-5111