Recycling Makes the Yellow Metal Greener

How green is your gold? As with many metals, gold comes at a price beyond the one you pay to vendors. That price is also environmental, but the yellow metal can actually be produced in a greener way, so long as we keep recycling it more often.  

Coming around again 

According to the World Gold Council, 28 per cent of the world’s gold supply was sourced from recycling, equivalent to almost 1,300 tonnes in 2020. As overall production of gold fell by four per cent but recycled gold supplies grew by one per cent, the latter managed to increase its share of the overall gold supply last year, boosting the prominence of recycled gold overall. 

The increase in recycled gold supplies came amidst gold prices being at all-time highs in 2020, meaning more gold changing hands which wasn’t straight out of the mines. Gold benefits from being an easily-recyclable precious metal and generations have perfected ways of melting it down and finding a better use for gold in the moment. 

With only so much gold going around and mining having a detrimental impact on our environment, it only makes sense to make do with what we already have. One paper suggested that buying gold from a recycling facility operating to a high standard with reliable material origins would be considered 300 times better for the planet than sourcing gold through primary production alone. 

Going for gold 

The Tokyo Olympics this summer highlight just how gold can be recycled from right under our noses, with medals made from gold sourced from discarded smartphones. No matter what shape or size your scrap gold might come in, there’s always potential for it to be sold and recycled into something new and exciting for a future buyer down the road. 

Gold is like a chameleon of the precious metals world, changing to match the requirements of any given environment. With early uses for coinage and jewellery, gold is also often found in the form of bars or coins. What new form could your scrap gold take when it’s sold and melted down this time? 

If you sell with Cash for Your Gold, you could make £15.20 from just one gram of 9-carat gold, reflecting how gold is highly treasured at present, despite prices having peaked last summer. We’re specialists in facilitating gold sales, and as we operate digitally, our prices allow you to make the most of what gold you may possess. 

Selling is easy: just fill in this simple form, and to save queuing at the Post Office to send it, why not request a collection from your doorstep? Search ‘Parcel Collect’ to access the Royal Mail home collection service. Tracking allows you to send your item to us discreetly and safely. If you wish to enquire further about selling gold today, call us on 01902 623 253. 

Operational Update

Our offices will be closed from 3pm on Friday 30th July until 9am on Monday 9th August, to give our hard-working team a break after another very hectic period.  

We operate with a very small team and rather than rotating individuals onto annual leave and putting more pressure on the remaining staff members as a result, we have decided to close our offices for a full week so that everyone can get some much-needed rest and the opportunity to re-connect with family and friends as lockdown measures are now starting to ease. 

We have timed the closure to minimize disruption as much as possible. Whilst we apologize for any inconvenience caused by the holiday closure, the wellbeing of our staff members and our ability to continue to provide outstanding service to our customers in the months ahead are of great importance to us.  

As our offices will be unoccupied, please do not send items to us for delivery during the closure. Mail will not be delivered to us during this period and will be held in Royal Mail or courier depots until our return. 

Wishing all of our customers a peaceful and healthy summer. 

The Team at Cash For Your Gold

11th December 2020

As the latest Covid Lock-Down in England adds to the restrictions that are already in force, to varying degrees, in all parts of the United Kingdom, we wish to re-assure our customers that we are still open for business.
We have very strict protocols in place to keep our members of staff safe in the workplace and business continues, albeit not as usual.

We are still receiving packages sent to us by insured Royal Mail Special Delivery and for higher value sales we are able to make Covid-secure arrangements to receive personally delivered consignments, strictly by appointment only and subject to compliance with our protocols. Please call for details if you wish to visit us to sell items.

For clients that are self-isolating or unwilling to visit a Post Office, the new Royal Mail Collect service may be of interest. It is now possible to have insured Special Delivery parcels collected from your home or workplace by Royal Mail for a small additional fee. Visit Royal Mail Parcel Collect Service for details. (Select large letter or small parcel, depending on the weight of your items and select Special Delivery service with an insurance level that covers the contents.) We strongly recommend that a tamper-proof Royal Mail Special Delivery pouch is used when sending precious metals through the post. These pouches are available free of charge from a Post Office. If you are unable to access a Post Office to collect a pouch we will be happy to post a selling kit out to you, just give us a call.

The recent news that a Covid vaccine could be available in the near future seems to have given the Nation a glimmer of hope that 2021 could see the lifting of many of the restrictions that we are currently enduring. We all hope to see improvements in the situation which will allow as social a Christmas period as possible.

In the meantime, please follow the rules that apply to your particular area and Stay Safe.

The Team at Cash For Your Gold