In the current lockdown climate, many of us are working from home. That rainy day you’ve been waiting for to declutter and tidy up? It’s today. And any unwanted items you find containing gold could be worth quite a bit as the gold prices run high amid global turmoil.
As we enter the peak of the UK’s summer months, this doesn’t mean it is too late to get into your spare bedrooms and attic to finally begin that well overdue spring clear-out.
Decluttering is good for us on an individual level as we benefit from the clarity that clearing out provides. But it could also help your financial health if you uncover unwanted gold treasures.
You may even be sitting on a small fortune without even realising, as what may initially seem to be old junk could actually be more valuable than you think, if sold to the right person.
The trick is to think outside the box and make sure you examine your unused items thoroughly before throwing them away. There are the more obvious finds, such as old, broken pieces of jewellery and watches, but many older household items such as cutlery and trinket boxes can also contain precious metals.
You could even capitalise on the trend of fake gold teeth growing more popular again in recent years! Gold dental fillings and fake teeth can also be traded in for extra cash (however, we do not recommend attempting any kind of DIY dental work at home!).
It is worth getting in touch with one of the Scrap Gold UK experts if you are hesitant and would like some further guidance on identifying valuable scrap gold, before sending it off to landfill, as you never know what you might be missing out on.
There’s no denying it; gold is doing well in 2020. In May 2020, Schroders reported that gold has outshone all major asset classes with a year-to-date total return of 11.3 per cent, a backdrop caused by the COVID-19 pandemic.
Investors see gold as a store of wealth, due to its unique properties and limited supply. Whilst other financial assets are deteriorating in value, there are predictions that the value of gold could increase even more.
As lockdown measures begin to relax across different parts of the UK, there is no better time to sort through your personal belongings. Without needing to do any additional work, you will benefit not only from decluttering your home but your scrap gold could potentially be worth a greater value than the usual buying price during this economic downturn.
You may now be asking, “well, what do I do with all of these items?” Even if you are not an expert in valuing gold, our specialist team at Scrap Gold UK are here to help. It is important to confirm that the items you are looking to sell do contain real gold, silver or other valuable metals because if they are fake they will not have value.
Our online Gold Scrap Calculator offers a free valuation in two quick easy steps. All you need to know is the weight of the metal in grams and the carat – or purity – of the metal.
Scrap Gold UK also offer live and historic price per gram data for gold, silver and other valuable metals. We recommend using these online tools to ensure you are getting the best value for your items when selling scrap gold.
For more information about recycling your scrap gold, feel free to call our Customer Service Team on 01902 828 400, we are here to help.