It’s easy to see how an item of scrap gold might have lost its shine, leading you to wonder what’s the best way to dispose of it.
As specialists in scrap gold selling and recycling, we’ve noticed increasing numbers of people from waste disposal companies getting in touch with significant quantities of scrap gold, carelessly thrown away in regular household rubbish.
You might not think your regular household waste is worth much to anyone, but enough of us are throwing away a literal fortune, as pieces of scrap gold get chucked out on a regular basis.
This means so many of us are losing out on the deal of a lifetime, as the price of gold remains high and demand for scrap gold stays healthy and consistent.
Gold in your weekly rubbish
You make a point of remembering to sort out your recycling from regular rubbish, but take care not to put any scrap gold in with your plastic or food waste! With the price of just a gram of 9-carat scrap gold being worth £14.14, losing a load of unwanted gold jewellery could lose you a significant sum.
In many cases, people are possibly losing these items by accident, but in the event that someone is throwing scrap gold away intentionally, there’s a good reason to stop them – gold prices are close to hitting an all-time high in pound sterling terms.
That means that the gold scrap you find lying around your home is far from worthless – in fact, it could be worth more to you than ever before. That’s because the price of gold per troy ounce hit an all-time of £1,200 last summer, and prices have remained close to this peak ever since.
Reasons to sell scrap gold
It might be easy to see scrap gold items as unnecessary, unwanted or useless, especially if handed down through the family, in poor condition. But just because that old golden chain you’ve got lying around is broken, it doesn’t mean you can’t make a sizable amount, by selling your scrap gold and letting us recycle it for you.
Demand for scrap gold remains high, especially as so much of it ends up in landfill already, given that many consumer tech devices, including smartphones and tablets, use components which contain traces of gold and other precious metals.
To demonstrate just how much scrap gold is thrown down the drain in this way already, read our story about how the Japanese government recycled gold from over six million devices, creating enough recycled scrap gold to help make over 5,000 Olympic medals for the 2020 Tokyo Olympic Games.
Just remember, scrap gold is still gold, and it’s bound to be worth a significant amount. Think twice before chucking it away in the rubbish, if you can’t think of a good use to put it to. Why not consider selling it to a gold specialist who can recycle it for you, and help make you a tidy sum in the process?
For more information about recycling scrap gold, drop us a message or give Cash for Your Gold a call on 01902 623 253 today – we’ve paid out over £30 million for scrap gold already, so what are you waiting for?