Gold Could be Greener as Recycling Remains Popular

Gold may be known as the yellow metal, but did you know it could also be one of the greenest? That’s because, instead of sourcing gold from resource-intensive mining operations, we can ensure a more circular economy by recycling the gold we have. 

A golden circular loop 

If you know anything about gold, certainly in its purest forms, it can be soft and easily melted into different shapes. Mining for gold has always come at a price, not just in monetary terms, but in environmental ones too. Our quest for more of it has caught the eyes of consumers increasingly, prompting more of us to source gold in a greener way. 

The World Gold Council has concluded that a green revolution is upon us, as 28 per cent of the world’s gold supply as of 2020 was sourced from recycling. The move towards greener sources of gold enjoyed a bounce in 2020, as supply from recycling saw its share of total supply rise, despite a drop in overall supply by four per cent. 

This golden moment for recycled gold came as gold prices hit an all-time high in 2020, and evidence points to ‘green’ gold being more preferable than freshly-mined alternatives. A paper published in 2020 goes as far as to suggest that recycled gold is 300 times better for the planet than gold sourced through primary production. The choice is simple: stick to the more polluting mining sources, or embrace a greener, circular economy for gold. 

Gold comes first 

You only have to look to Japan as this summer’s Olympic hosts to see the value of recycling gold. The Japanese government came up with the ingenious idea of taking discarded smartphones and other technology, sifting through them for scrap gold and recycling it to make the Olympic medals for this year’s athletes. 

UK Scrap Gold sees the value in recycled gold, as it is a finite resource and demand is just so great for it. Any scrap gold item you have to sell could easily be melted down and reshaped into something entirely new for a wide array of potential buyers. Prices are attractive as they remain close to the all-time high established in the summer of 2020. 

For example, by selling to UK Scrap Gold, you could expect to make £15.13 from a single gram of 9-carat gold. Selling can be facilitated easily, simply by filling in our seller’s form. By requesting for your item to be picked up from your doorstep by Royal Mail, you can dodge the queues at the Post Office and track your parcel on its way to us. Search ‘Parcel Collect’ to access the Royal Mail collection service. 

Upon receipt of the item, we can assess its value and present you with an offer, but if you’d like to discuss selling or some other matter first, why not give us a call on 01902 623 254? 

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 UKSCRAPGOLD


12th November 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 UKSCRAPGOLD

Gold Offers Post-Lockdown Cash Boost

It’s no secret that money has been tight for many of us over the past year of lockdowns. Whether you’ve passed through the lockdowns on furlough, or are planning for retirement, the shock from COVID-19 has hit household finances hard. However, if you have a bit of scrap gold tucked away in your home, it could be the perfect time to sell, and benefit from the COVID-19 gold price boom. 

A golden dividend for 2021 

Scrap gold comes in all shapes and sizes, and may have been acquired recently or several generations ago, passed down through the family. Whichever way you have got hold of scrap gold items, such as necklaces, chains, rings, coins and other such items, they have a great intrinsic value, purely thanks to the metal that they’re made from. 

Gold has been treasured as one of the rarest noble metals for centuries, and if you decided to sell with UK Scrap Gold today, you could expect to make £15.20 from just one gram of 9 carat gold. Imagine what a heavier item with a greater purity could be worth. But why is this so? 

Gold prices have soared over the past two decades, from just over £300 per ounce in the early-2000s to over £1,500 last summer. Prices may have come down a little since then, but gold is certainly worth several times more than it has ever been in nominal terms. These opportunities may take many years to come, and fortunately, 2021 could be just the time to sell. 

Selling your gold in 2021 

Prices are high and your scrap gold is worth more than ever before, but how do you turn to a gold buyer you can trust? UK Scrap Gold has been providing such a service for many years now, and our website has its own special page to help track gold prices, so you can pick a period of bullish price action to make your sale. 

Want to get a free valuation without sending a single gram? Check out our Gold Scrap Calculator, and just input the item’s weight and purity, and a near-instant valuation can be given. For a more detailed valuation, why not arrange a Zoom call with us, and let one of our specialists analyse your item via video-call? 

If you wish to make a sale today, it’s time to fill in the Seller’s Form here. To minimise the spread of COVID-19 and ensure your package reaches us safely, we strongly encourage you to use fully insured Special Delivery with the Royal Mail’s home collection service. This service will ensure your item is picked up from your doorstep, and you can track it until it reaches us, where we can analyse it and give you an offer you’ll hopefully find to your liking. 

For more information about selling scrap gold with UK Scrap Gold, call us on 01902 623 254 today. 

Crystal-Clear Prices for Precious Metal Sellers

In case you didn’t know, gold and silver have been on a tear in 2020. Gold prices managed to surge to an all-time high, above £1,500 per troy ounce just this summer. Silver is lagging somewhat, but also made decent gains, having enjoyed a COVID-19-induced leap. 

This means any gold or silver you find in your home could fetch a far higher price than ever before. Sadly, we’ve seen a rise in unscrupulous or even fraudulent people enter the market as buyers, trying to cash in on this trend. Don’t get left in the dark by a scrap buyer today – sell your items with UK Scrap Gold instead. 

Our numbers add up for gold and silver 

UK Scrap Gold has been closely watching gold and silver trend higher over the course of the year. Prices are impressive for scrap at the moment, making it an ideal time to sell. As mentioned, a valuation is crucial, but you also need to know the context.  

Some buyers are just not clear enough about the prices they offer for your scrap and how they calculate it. Some might not even publish what the actual price of gold is, effectively putting you in the dark about how much your item could actually be worth. 

That’s why we provide a Live Gold Tracker page, which lets you chart the price of gold in real time. In order to get an accurate valuation for individual items, all you have to do is use our Scrap Gold Calculator. Just enter the weight and purity of the item, measured in carats. 

Just one gram of 9-carat gold could yield as much as £16.74, so heavier items with a greater purity could be worth even more for you. Making a sale with us offers greater sums than other vendors, thanks to our digitised approach to gold transactions. This keeps a lid on overheads, making sure you get a higher sum for your item. 

Transparency in selling precious metals 

Many sites facilitate sales of precious metals just like us, but our scrap gold calculators are a far more transparent way for us to help you make a sale. It puts the requisite information right at your fingertips, so you can make a truly informed decision. 

Any questions regarding transactions, payment, delivery and much more can be answered by checking out some of our Frequently Asked Questions. These can especially come in handy, if you’re new to selling scrap gold and silver.

Gold and silver are considered precious metals for a reason – even a few old rings, chains or other jewellery could attract a tidy sum. To see just how satisfied you could be with our service, check out our Testimonials page. We’ve helped a long list of customers with sales over the years. If you’re happy with your transaction, why not leave a comment when you have the time!  

When it comes to getting in touch, some buyers aren’t easy to find. Addresses might be unclear, and it could be tricky to be able to meet them face-to-face in any way. UK Scrap Gold works out of its offices in Wolverhampton, as listed in our Contact Us page.  

While we encourage customers to avoid booking an in-person appointment at present, until restrictions are lifted, that option is there for you when the time comes, should you request it. 

The actual sales process is easy – why not call us on 01902 623 254 or message us on our Contact Us page to get started. A member of our team will be in touch as soon as possible, to help with your enquiries. 

Gold Prices Close to All-Time Highs During Economic Downturn

The UK is in what may be its worst recession in living memory, but it’s not all doom and gloom. The economy grew slightly in June and July, and the price of gold is near all-time highs.

Today, 2nd September, gold prices are £1,464.23 per troy ounce , while at the beginning of August they were at a record high of £1,508, coinciding with a recession threatening jobs across the country. 

The recession is likely to start a gold rush, as investors look to flock to this safe haven asset to protect their wealth. It might seem like an illogical time to start investing in precious metals, but as those in the gold community know, gold often holds its value extremely well during tough times.

Is gold on an upward trend?

Gold prices have been rising for quite a long time. Prices have virtually doubled over the last 10 years and by a staggering 30 per cent this year. With the recession developing many in the gold community will hope that gold holds its value for the next few months at the very least.

Why do gold prices hold their value during times of crisis?

Gold is considered a safe haven asset. A safe haven investment is expected to either retain or increase its value during market volatility. Safe havens are turned to by investors when they are trying to protect their wealth in response to economic downturns like recessions. 

Gold is less turbulent than stocks, which can fluctuate wildly in periods of recession. Gold is also thought to be a hedge against inflation.

Sell scrap gold online

All this means that if you happen to have scrap gold at home, with prices being as high as they are, you could stand to earn a decent sum of money selling your scrap gold.

We accept items containing gold, silver, platinum, or palladium. Here’s a full list of what we buy. So whether you have any unwanted jewellery at home, trophies, tableware or scrap we will offer you competitive rates. On the other hand you might have gold bars or coins purchased as an investment, which you wish to now sell. 

Whatever the case, selling scrap gold and precious metals with UK Scrap Gold is a quick and easy process.

At the time of writing, we can offer you £16.62 for one gram of 9 carat gold. This competitive price beats many scrap gold purchasers. So, if you had a 9 Carat necklace which weighs 7 grams you could make £116.34 at current prices.

How it works – 3 steps

1. Use our gold price calculator to value your precious metal at home

2. Post us your gold – by Royal Mail Insured Delivery

3. Receive your payment in just 24 hours

Sell to UK Scrap Gold to receive payment on the same day we receive your items.

Sell your gold with UK Scrap Gold

Send us a message via our online form or contact us by telephone to discuss your items. We can be reached on 01902 623 254.

If you’d like to book an appointment to chat face-to-face give us a call. Our office is based in Wolverhampton.