GoldPaq

Gold at Record Prices

It’s a fact, the price of gold is at record levels. Those who have it are buying more and those who need a quick buck are dealing with a sellers market.

Due to this many people are attempting to refine gold themselves in the hopes of capitalizing on its strength in the market.

D.I.Y. Gold Refinement

Throughout history all manner of golden treasures have been seized by conquering nations.

These spoils of war were routinely melted down for use in making jewelry, art and religious artifacts within the victor’s own culture as a sign of wealth and prosperity.

Gold is still melted down on the same principles today.

The fact it has been in practice for so long means there are methods to refine gold on a small scale, even in your own garage.

These methods may be caustic, require some serious training and in the end probably aren’t worth the money or time you invest on them, in fact we urge you to leave it to the professionals.

We believe refining is interesting enough to read about, even if you are not interested in attempting it.

It’s Not as Easy as it Looks

Before you get started you must consider the safety of yourself and those around you and take precautions to keep the process as safe as possible.

Generally the refinement process involves chemicals, high temperatures and generates waste that requires correct disposal.

Not to mention you have to purchase the most efficient equipment to achieve the best results.

Gold refining is a complex and dangerous task, that should really be performed by skilled tradesmen.

There are legal issues that need to be addressed and planned in advance

• Permits and inspections of site/ equipment
• Possession and storage of chemicals
• Safety equipment
• Fume control systems
• Waste Disposal

The next step is to find enough gold to make the refinement process worthwhile. Collecting unused or out of fashion jewelry and gold parts from electronics and computer parts is a good start.

Finally you have to decide which method of refinement will work the best for you.

Hopefully, that gives you an idea of what is necessary to refine your own gold. As you can see, it’s no simple task.

Recycling is Big Business

Through a blossoming of concern for the environment and a need for more metals and gold than the world can effectively mine, the recycling industry has gained a full head of steam.

The Bureau of International Recycling estimates the global recycling industry has an annual turnover of 160 billion dollars.*

Due to its ability to conduct both heat and electricity, gold is used to make many practical items and can be found in computers and electronic equipment.

The current price of gold makes even small pieces from electronics (and any other gold you have laying around) worth collecting to sell.

*This figure includes the recycling industry as a whole, including glass, plastics and metals.

Self Refining Vs. Recycling

Refining gold yourself is not considered recycling, yes you are recycling the gold, but in the process you are generating pollution.

Large scale refineries have processes in place and take waste management seriously, not to mention they are professionals in the trade.

At-home refineries run the risk of polluting the environment and injuring the people around them.

On a large-scale recycling gold and precious metals is better for the environment than mining, and there are plenty of specialists available to handle the refinement process for you.

So we say, let the professionals handle the chemicals, spend your time shopping with the money you earned selling your gold as is.

Is Refining Worth it?

So, in answer to our rethorical question, “Is Gold Worth Refining Yourself?”

The answer is probably no (for most of us anyway).

If you want to take risks, use the money you get for recycling your gold to take base jumping lessons.

Or you could just buy something pretty for someone special and forget the whole risk idea altogether, but where would be the fun in that? Just don’t forget to clear your browser history, (after you have filled out the form above that is) so no one gets ideas about sharing your cash .

What to do if you have items that contain Gold?

The price of gold is holding strong so it is worth selling to us right now and saving yourself the hassle.

We recycle in quantity because it is better for the environment and we’ll give you a great price.

So put away those thoughts of having to deal with all of the above (reading was more than enough exertion we’re sure), and discover how efficiently we can refine your gold for you (we’ll pay you for the privilege of course).

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