{"id":213,"date":"2022-03-10T14:43:00","date_gmt":"2022-03-10T14:43:00","guid":{"rendered":"https:\/\/www.ukscrapgold.co.uk\/blog\/?p=213"},"modified":"2022-03-11T15:02:02","modified_gmt":"2022-03-11T15:02:02","slug":"scrap-gold-and-the-conflict-in-ukraine","status":"publish","type":"post","link":"https:\/\/www.ukscrapgold.co.uk\/blog\/scrap-gold-and-the-conflict-in-ukraine\/","title":{"rendered":"Scrap Gold and the Conflict in Ukraine\u00a0\u00a0"},"content":{"rendered":"\n<p>As the politically ostracized Russian President Vladimir Putin continues to wreak havoc in Ukraine, rising inflation and global uncertainty mean that <em>now<\/em> may be a good time to <a href=\"https:\/\/www.ukscrapgold.co.uk\/sell-your-precious-metals\" target=\"_blank\" rel=\"noreferrer noopener\">sell your scrap gold<\/a>.\u00a0<\/p>\n\n\n\n<h2><strong>Political turmoil supports a sellers\u2019 market<\/strong>\u00a0<\/h2>\n\n\n\n<p>The war in Ukraine is by no means calming down. The statistics are a sobering reflection of this. According to the UN, there are over 2 million refugees, a testament to the extreme human suffering in Ukraine. And with this suffering and turmoil comes great global uncertainty, adding to fears of mounting inflation and pushing up the value of the safe-haven metal, gold.\u00a0<\/p>\n\n\n\n<p>In times like these, individuals tend to move away from investments in stocks and bonds. And towards tangible possibilities such as gold. Last month, the gold price rose by 8 per cent. And with the conflict in Ukraine set to deepen, gold is likely to continue to rise. Russian President Vladimir Putin is being investigated for war crimes. Germany\u2019s federal prosecutor is laying down the path for such accusations. On March 10th, gold was trading at around \u00a31,517 per troy ounce.\u00a0\u00a0<\/p>\n\n\n\n<h2><strong>Why <em>now <\/em>may be a good time to sell your scrap gold<\/strong>\u00a0<\/h2>\n\n\n\n<p>Individuals looking to sell gold are in a good position in times of uncertainty and political turmoil. If you need to liquidate some cash and you own scrap gold that you don\u2019t mind exchanging, this could be the opportune time. Gold jewellery, coins, trinkets, even dental gold fillings &#8211; you name it. We can convert your gold into cash so that you can buy something you plan to keep.\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p>Gold isn\u2019t the only commodity affected by the situation in Ukraine. European gas prices have increased by 33 per cent in response to Russia threatening to shut off supplies following sanctions imposed by Europe on Russia. The incident at a nuclear power facility in Zaporizhzhia, southeastern Ukraine, has also driven uncertainty levels up. And therefore, gold prices too. With an air of anxiety surrounding a future nuclear disaster, and after the attack on Europe\u2019s biggest nuclear plant, gold prices reached a six-day high at above \u00a31,485.\u00a0<\/p>\n\n\n\n<h2><strong>How to use our gold price calculator<\/strong>\u00a0<\/h2>\n\n\n\n<p>To find out how much your gold is worth, why not try out our easy-to-use <a href=\"https:\/\/www.ukscrapgold.co.uk\/sell-your-precious-metals\" target=\"_blank\" rel=\"noreferrer noopener\">gold calculator<\/a>. All you need to do is enter the weight and carat of your precious belongings. And we will tell you how much you can make from selling your unwanted treasures. We\u2019re an online business. This means that, on the whole, we can offer a more competitive price than you\u2019ll find on the high street.\u00a0\u00a0<\/p>\n\n\n\n<h2><strong>Ready to Sell?<\/strong>\u00a0<\/h2>\n\n\n\n<p>At UK Scrap Gold, we have an expert customer service team who are always on hand to assist with any queries. If you\u2019re in ownership of gold objects that you wouldn\u2019t mind parting with and would like to liquidate some cash, please fill in our <a href=\"https:\/\/www.ukscrapgold.co.uk\/sell-your-precious-metals\" target=\"_blank\" rel=\"noreferrer noopener\">seller\u2019s form<\/a>, it\u2019s easy to do. Simply provide your personal details, contact details and more information about the item you intend to sell.\u00a0<\/p>\n\n\n\n<p>If you have any questions or would like to book a consultation, <a href=\"https:\/\/www.ukscrapgold.co.uk\/contact-us\" target=\"_blank\" rel=\"noreferrer noopener\">get in touch with our team<\/a> today on 01902 623 254.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the politically ostracized Russian President Vladimir Putin continues to wreak havoc in Ukraine, rising inflation and global uncertainty mean that now may be a good time to sell your scrap gold.\u00a0 Political turmoil supports a sellers\u2019 market\u00a0 The war in Ukraine is by no means calming down. The statistics are a sobering reflection of &hellip; <a href=\"https:\/\/www.ukscrapgold.co.uk\/blog\/scrap-gold-and-the-conflict-in-ukraine\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Scrap Gold and the Conflict in Ukraine\u00a0\u00a0&#8220;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":214,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Scrap Gold and the Conflict in Ukraine\u00a0\u00a0 - Welcome to the UK Scrap Gold Blog<\/title>\n<meta name=\"description\" content=\"The current economic situation, worsened by the crisis in Ukraine, is causing the price of gold to rise, creating opportunities for the sale of scrap gold.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ukscrapgold.co.uk\/blog\/scrap-gold-and-the-conflict-in-ukraine\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scrap Gold and the Conflict in Ukraine\u00a0\u00a0 - 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