Decluttering… Is their Gold Hidden in Your House?

With people working and staying at home more than ever during this current climate, now is the perfect time to get started on those household chores you would normally avoid, usually entwined with the attitude of “we don’t have enough time to do that this weekend!”

“One man’s trash is another man’s treasure”

As we begin to approach the heat of the UK’s summer months, that doesn’t mean it is too late to get up into the attic and spare bedrooms to finally start that well overdue spring clean. 

Decluttering has been proven to have multiple benefits for our mental health, something that is vital during these more taxing times, and can even lead to you finding some forgotten treasures. What may initially seem to be old junk could actually be more valuable than you think to the right person!  You may even be sitting on a small fortune without even knowing it.

Remember, it’s not always obvious that an item may contain gold. Old, broken pieces of jewellery and watches are the more obvious finds. 

Even metal dental fillings and fake teeth can be traded in for some extra cash (we do not recommend attempting any DIY dental extractions at home, however!). 

If you are hesitant about a certain item or would like further guidance on identifying valuable scrap gold, it is always worth getting in touch with one of the Cash For Your Gold experts before sending it off to landfill, as you never know how valuable it could be.

The effect of COVID-19 on the gold market

Gold prices are currently at a six-year high. Forbes has reported that there has been a record-breaking surge in demand for gold during the COVID-19 pandemic. During the first quarter of 2020, investors are reported to have acquired $23 billion of exchange-traded funds that hold the metal. There are even predictions that the value of gold could go even higher, as historically, during times of crisis, people turn to gold as a safe hedge. 

Even as the lockdown measures relax across different areas of the UK, there is still time to sort through your household belongings. Not only will you benefit from decluttering your home, your scrap gold could potentially be worth a higher value than usual, all without you having to do any additional work. 

Selling with Cash For Your Gold

This begs the question, “what do I do with all of these items?”. Whilst you may not be an expert in valuing gold, this is where our specialist expertise comes into play. 

Firstly, you will need to check whether your discovered goods contain real gold, silver or other valuable metals as you will not be able to profit from your items if they do not contain any or are fake. A member of the Cash For Your Gold team will be able to assist you with any queries you may have about your items. 

Our Gold Scrap Calculator can give you a free valuation within minutes; all you need to know is the weight in grams and the fineness of the gold by carat. Cash For Your Gold offers competitive rates and the latest up-to-date information on the buying prices for different carats of gold, silver and other valuable metals to ensure you are getting the best value for your items.

For more information about recycling your scrap gold, drop us a message or give the Cash For Your Gold team a call on 01902 623 253 today – we have the most competitive rates for gold and other valuable metals, so what are you waiting for?