Are you considering to recycle gold or silver in Ottawa? Here are some interesting facts about gold recycling.
Did you know that nearly 90% of gold in circulation today has been recycled over and over again since the beginning of civilization as we know it? Chances are that one of your gold rings you are wearing right now could contain gold that comes from Egyptian Pharaoh’s tomb! That’s simply amazing if you think about it! Gold recycling is safe and effective since it eliminates the need to mine for gold. If we can safely recycle paper, plastics and glass, why not recycle gold and put some money in your pocket at the same time!
Reduce, reuse, recycle. Recycling has become the common theme of environmentalists and scientists greatly concerned about the misuse and management of our planet’s resources. It is important to preserve our precious environment for our children and grandchildren especially with all the technological advancements within the last 100 years which cause pollution and global warming among other hazards. It’s also something you can apply to old, broken, unused, or unwanted gold in your possession.
You can reduce wasted resources – in this case unused or unwanted gold – either by reusing or recycling it. Mining for gold destroys the environment since it has become more difficult and hard to find as big companies constantly look for new gold deposits in more remote locations as the price of gold reaching new highs. Did you know that the average yield of gold ore is only 1-2 grams per 1 ton of material extracted from earth? Imagine the impact this kind of mining has on the environment!
If the prospect of reusing them doesn’t appeal to you then you can have them recycled and earn money in the process.
We are happy to recycle your unwanted, unused or broken gold and silver jewellery. We offer competitive rates for gold, silver, platinum or palladium and ensure the process is enjoyable and relaxed, but most importantly that you feel protected and secure. For more information, visit our What We Buy page or feel free to contact us.
The process is simple: gather your unwanted gold and silver jewellery, bring them to Gold Lobby, then get money in your pocket!
We must first analyze and authenticate your unwanted gold or silver jewellery in store and compare your belongings to the current rate of exchange. This process is completed by our in store experts on a daily basis, so you know you are receiving a professional opinion and rates that you can trust.
How do we know how much your Gold, Silver, Platinum or Palladium is worth?
Firstly we have to test the purity of the metal. This is a common test performed by buyers in the industry. With our state of the art testing procedures, we ensure an accurate reading on the purity and true worth of the metal.
We than have to look at the Price Per Gram. This rate tells us how much your gold, silver, platinum or palladium is worth per gram based on current market conditions.
Once this is completed, we then make adjustments according to non-precious metals that may be found in your gold, silver, platinum or palladium. This can include jewels, stones, etc.
After adjusting for the non-precious metals, we can determine the true value and worth of your gold, silver, platinum or palladium.