Sunday, August 9, 2020

Why sell used gold to gold buyers

Gold: a metal that has attracted and fascinated the human being since ancient times.

It is used to embellish people, buildings, objects, and its charm knows no boundaries or time limits .

It was liked at the time of the Egyptians and Romans; it was liked by the grandmothers of the last century who, in giving gold objects, expressed all the affection and good wishes to loved ones. Young people like it, who use it in modern manufacturing to express sentiment when it is truly sincere.

Not only that: gold is a symbol of power, wealth, luxury and well-being, referring to individuals, but also and above all to nations and peoples.

The search for this metal, yellow and ductile, has given rise to stories and life stories that have stimulated the imagination of writers and directors.

Gold can be found in nuggets or grains in rocks , or in specks in alluvial deposits. In fact, the metal is distributed throughout the earth's crust, but it is convenient to extract it where, for various reasons, it has accumulated more.

The most interesting gold veins are found, as well as in alluvial deposits, where gold is dragged as a result of erosions caused by atmospheric agents, in metamorphic rocks and in igneous rocks. Here it accumulates in more interesting percentages, for a process of metamorphism, and it becomes convenient to extract it.

Getting gold from rocks, in closed or open cast mines, it is a complex and expensive process; you have to move large quantities of soil, use energy to treat the rocks and chemicals to extract the precious metal.

The most important gold deposits are found in South Africa, China, the United States (especially Dakota and Nevada), Russia, Peru and Australia. Unfortunately, however, gold mining is not a friendly process for the territory; the landscapes are upset by the displacement of large quantities of land, not to mention the explosions which are used to crush rocks. Furthermore, to separate the precious metal from the rocks in which it is present, potentially dangerous products are used, such as mercury and cyanide.

Without going into the details of the process that these elements carry out to extract and purify gold, it is important to know that given their high toxicity, large sums of money are needed to manage these operations, without compromising human health and the environment.

The problem is so significant that governments have set themselves the goal of trying to avoid damage to the ecosystem as much as possible . So we started talking about "ethical gold", that is gold extracted with methods that respect the ecosystem, but also attentive to the conditions of the populations living in the vicinity of the extraction areas.

 Read Also: Tips for best selling used gold

Ethical gold must be obtained without the use of explosives and without the use of dangerous products; we talk about environmental sustainability and social responsibility. The first envisages that all chemical agents that are enemies of the environment are avoided in the extraction phase; this involves an extraction made mainly from alluvial deposits. By social responsibility, on the other hand, we mean that aid and attention are provided both for those who work in the extractions and for the populations living in the areas in question. In practice it translates into respect for the various ethnic traditions, with structural works, medical assistance, education and training.

It is a step forward in the correct management of this ancient and yet still valid activity, but it is also a reflection that is essential.

The total gold extracted so far from the earth's surface is around 140 thousand tons, distributed in various forms and concentrations.

A part of this gold lies inert in the drawers of the homes of citizens who, because it is broken, unpaired, no longer current in form and workmanship, forget it and do not consider it.

In recent decades, alongside the traditional jewelers, various gold buying activities have sprung up . Even if they are often viewed with suspicion, these activities, when they are in good standing and managed by good professionals, represent a valid alternative to jewelry, when you want to sell gold that is no longer used.

A gold buying shop is regulated by specific laws and deals with the buying and selling of used gold. The purchased gold is then delivered to special refineries, which melt it and create new ingots of pure gold.

This implies a response to the demand for gold and, consequently, a lower need to extract the metal in nature. As we have seen, the less gold we try to extract from the veins, the more we protect the environment. Recycling the forgotten gold serves to be able to dispose of the metal and meet the demands in a simple and ecological way.

Selling your gold, no matter how old or broken, is easier than you might think. Just follow a few simple steps. First of all weigh the gold at home, in order to have an idea, even if not exactly exact to the milligram, of how much you have. Then just log in to any online site to find out the current price per gram. If desired, on some sites, you can also block the price, if it appears convenient.

Finally, we go to the shop, preferably more than one, with an identity card.

Here you listen to the purchase proposal made by the owner and if you agree you come out with the money, or with a check.

It is worth thinking about it, not only to use resources that are left in the drawers that are useless, but also to help this Earth already so exploited.

 

Gold and karats, I buy gold evaluation


The easiest way to get a used gold valuation, perhaps in order to resell your old jewels to get immediate liquidity is to go to a gold shop.

However, before doing this, it is advisable both to know the gold price in general and also, more specifically, to get an idea about the value of your used jewels.

 Read Also: Sell your scrap silver and raise some cash

For this purpose it is necessary to make a distinction between the valuation of used or worked gold , which is that contained in precious jewels and which, as is well known, never occurs in pure form, and the price of the gold itself, which instead it is always referred to pure 24 carat gold.

The official price of gold , easily available in trade newspapers or on many specialized online sites including those of the same gold-buying shops, represents the reference basis for commercial transactions relating to the precious metal.

However, as already mentioned, it refers only to pure 24 carat gold which is mainly found in the form of ingots, nuggets or straws.

On the other hand, all the gold contained in precious objects, such as jewelry, coins , watches, bracelets or medals, is not pure as it contains parts of other metals.

The purity of gold is expressed in carats or in titles.

Its maximum value is 24 carats which corresponds to a title of 999.99: this means that pure gold contains 999.99 grams of gold for every 1000 grams of alloys.

The price of gold, as it is set internationally at the table of the Bullion Market Association in London, represents the maximum gold price, which is that which refers, in fact, to the precious metal in its pure form and which, of course, is quite different. What compared to the used gold quotation.

The gold used, or worked if you prefer, has in fact a lower carat which, at best, never exceeds 18 carats.

Since the carat, unit of measurement of the purity of gold , weighs 41.67 thousandths of a gram, it follows that an 18-karat jewel has 750 thousandths of a gram of gold per thousand grams of alloy: in practice a similar jewel, which is precisely a title 750, is composed for 75% of gold and for the remaining 25% of other alloys, such as silver, cobalt, copper, and so on.

In the same way, a 12-carat jewel, which will have 500 thousandths of grams of gold per thousand of alloy, will be a title of 500 and, consequently, will be composed of half gold and half of other metals.

In this regard it must be said that most of the gold worked of national origin is around 18 carats, while 14 carat gold distinguishes the bulk of the sell gold coming from United Kingdom.

It is possible to know in advance, and with sufficient approximation, the value of the precious gold objects that you intend to bring to sell at a gold shop.

The gold carat in fact, made explicit by the punching, is engraved on the same jewels within a rhombus.

It is also possible to consult online the prices of gold , even used and worked, in a simple and fast way, since most of the sites in the sector, including those of the same shops I buy gold and metal banks, usually indicate the various gold prices divided, in fact, by carat.

Simply multiplying, therefore, the price of gold thus found by its weight (to know which a domestic scale is enough) you can have an idea, approximate but useful for avoiding nasty surprises when evaluating at the store I buy gold , of what can be obtained in cash from the sale of their jewels.

Once this is done, your precious objects can be taken to a trusted gold shop to have them evaluated. Of course, it is advisable to ensure that it is an authorized gold buyer (the authorization number must be displayed visible in the shop) and that each operation takes place in an atmosphere of maximum transparency and legality.

With regard to transparency, it is advisable, for example, that the weighing operations take place on sight, while it is good to know that the shopkeeper must proceed with the issue of a receipt relating to the purchase of the precious items, in addition the seller must have a document identity.

 

Tuesday, August 4, 2020

Sell physical gold for liquidity

We will have to live with the virus for many months and we have made a reason for it. We will have to live with the economic consequences for much longer ... and here the battle gets even tougher. Because once we are out of the emergency we will go back to making quick calculations, those of families, those of small and medium-sized enterprises that keep United Kingdom on its feet.

All of us at this moment need liquidity, for the expenses of each day or for small and large investments to restart the company. Selling the gold that you have at home or kept in safes can allow us to put together a nice capital, today that the yellow metal has risen again to rise .

Gold at the maximum: is it time to sell?

If you need liquidity, absolutely yes . This could be an excellent time to make cash and sell physical gold , whether it is used gold from goldsmith products or ingots and coins that had been invested over the years.

Let's quickly analyze the state of the art.

·         Gold is at its peak and has traveled above € 50 / gr since April 7.

·         Oil, on the other hand, continues or hits a downward record and today is 1/3 of what it was worth at the beginning of 2020. A truly eloquent sign of a highly unstable situation.

·         We crossed the threshold of the worst recession after the 1930s with an expected GDP of -3%.

·         Stock exchanges have started to rise again, but the trend is to escape from investment risk

·         The economic maneuvers of all western countries point to "powerful" injections of liquidity with interest rates reduced almost to zero and an inflation danger, so far only ventilated, but concrete in the medium term

All these factors contribute to pushing up the value of safe haven assets .

Read also:  Gold rush in times of pandemic

And the future of the economy?

A Federal Reserve study pointed out that although we speak of this crisis as the worst after World War II, the consequences will be heavier. Comparing, with due caution, wars and pandemics of the past, it was possible to deduce that from a war we recover faster than from a pandemic .

Considering a more reactive and healthy economy than the dark centuries of the plague or the Spanish years, it may take 40 years for interest rates to rise again and with them the propensity to invest .

We learned to see many certainties skip during this period:

·         Household incomes are reduced to a minimum , many  United Kingdom have had to apply for various types of subsidies, from layoffs to bonuses to citizenship income, and many will have to resort to loans.

·         Firms, which have been stagnant for weeks, need liquidity in order not to go bankrupt and meet expenses.

·         If the unemployment rate has been falling steadily for several years, it is likely that in the coming months it will see a sharp rise , because many companies will have to reduce their staff if not to close their doors.

Inflation, as we have said, is more than one possibility and will have an important impact on households' spending power

Where and how to sell used gold safely

Sell gold is a great way today to get more liquidity. Who to contact to sell the gold that we keep in safes or safes and to get the most out of the gold we intend to sell.

Just do a quick online search to realize that there are dozens if not hundreds of businesses that buy used gold in your area. Just choose one at random? Obviously not. Who to rely on?

The 4 golden rules to keep in mind

·         Contact a Metals Bank to be sure of quotes and security of the transaction. A Banco Metalli is a company that deals with the professional purchase and sale of precious metals and is regulated by strict rules and must guarantee stringent requirements. Trust Gold Buyers only if they are registered in the Gold Buyer Register.

·         Always personally check weighing and gold quotation , check the gold quotations used in real time.

·         Accept cash payments only under € 500 as required by law.

·         The only eligible expense in each transaction is € 2, the cost of the revenue stamp to be applied on the registration document of the transaction. All other expenses, if they do not concern your particular requests, are to be considered irregular.

Almost sixty years of experience in the sector of buying and selling precious metals make Cashforyourgold a synonym of experience, competence and safety . In addition, the continuous drive for innovation allows us, today more than ever, to reach you wherever you are to take care of your investments and to allow you to monetize your gold in absolute transparency .

Sell ​​your used gold from home too

With the lockdown and the restrictions on mobility also foreseen in phase 2, it is not always possible to reach our offices in Wolverhampton. In the same way if you live far from our office, but you still want to rely on the experience of Cashforyourgold, now you can do it while staying at home with the Orobit service , the innovative online remote recognition service that responds to all the needs of our customers who they need to monetize their gold (ingots, coins, jewels, used gold but also silverware). You can sell or divest your gold whenever you want : we collect it, evaluate it with you in a video interview and pay it in a few days.

It is a simple and convenient service:

·         Enter what you want to sell in our portal

·         Book a video interview

·         Send us all the documentation

We will send an insured courier at our expense to collect your valuables and we will contact you on the date indicated by you to proceed with the recognition, the opening of the package, the control of its contents and the official quotation.

In a particular and unusual historical moment you need certainties and a safe haven . Trust your consultant or our experts, stay informed, be rational.

 Read also:  Why is gold so precious?

For any information, do not hesitate to contact us! Our consultants are always at your disposal by telephone on +44 1902 623253


Monday, July 27, 2020

Gold price per gram - Gold price UK - price of gold per gram

The gram is the entry level weight of a Gold price per gram. It is the smallest bar you can buy. Use our multi-currency price table to see current gold prices per gram. Gets all information on the Price of Gold including News: + 44 1902 623253


Read Also:  Why are so many people cashing in their Scrap silver at Cashforyourgold.co.uk

Read Also: Sell your scrap silver and raise some cash


Sell Gold | Cash for gold prices | Scrap Gold Buyers and Prices

Are you looking for up-to-date information on the Scrap gold in UK prices per gram?  Discover all the basic indications for the sale and purchase. Get for more information: + 44 1902 623253


Read Also:  4 top tips to follow when you want to sell your scrap gold in the UK

Read Also: Advantages of selling your gold reserve online  

Why are so many people cashing in their Scrap silver at Cashforyourgold.co.uk

Silver coins offer a lower entry point into the world of coin collecting than their gold counterparts and are usually the choice of coin most people tend to start their investment in.

Silver Coins are a popular choice for both the collector and investor markets and feature a range of designs and themes allowing you to build an interesting collection from mints around the globe.

There are a great range of coins out there in the market, with some featuring additional colour accenting on the face or obverse to further add to the aesthetic quality and collectability.


Customers useCashforyourgold.co.uk to take advantage of their great buy back prices and use the proceeds either to upgrade their collections or use the money towards something else. An added bonus of using a reputable company like Cashforyourgold.co.uk is its trusted process. Customers are sent their money straight to their bank accounts swiftly.

The experienced team are always happy to offer advice. Some key tips that successful collectors should adhere to when selling coins are as follows:

  • Variousindividual coins sell best to certain dealers. Low value, medium and high value coins each have their unique best-selling practices.  The great news is, Cashforyourgold.co.uk covers all 3 ranges when providing the best price for all 3 ranges.
  • We recommend that our customers understand the value of your coins in order to know what to expect as a reasonable offer.

Silver content within an item usually varybetween 92.5% to 99.9%.Like Scrap gold in UK, silver can be a great store of value during tempestuous times for investment.Unfortunately, the problem is, silver can be incredibly volatile. Therefore, when the market is right a lot of investors will look to very quickly cash in on their silver.  With the current economic uncertainty due to the global pandemic a lot of customers are cashing in on their scrap silver to raise funds.

Coins that will get you the most money will include collectible coins, those with rare dates, valuable mint marks and ones in better condition. These will be avidly sought by dealers and collectors such as Cashforyourgold.co.uk

Silver coins are generally alloyed. On its own silver is generally brittle and it’s not easy for silversmiths to work; therefore they usually blend the silver with other metals.Only a refined silver ingot or minted coin is worth spot price, and there’s a bit of effort involved in getting unwanted silver to this state.

Older coins generallyfind a higher value. For example, US dimes, quarters and half dollars minted before 1916 if not heavily worn, all start to carry a premium above silver value.

Visit Cashforyourgold.co.uk today to find out how much your silver could be worth with a no obligations quote.

 

Read Also: Expert reasons for investing in gold that you should know


What is a gold bar?

  Gold is among the most precious metals in the world and has always been a representation of wealth and luxury. Although, it is widely used...