Selling your old, broken, or unwanted jewelry is not only good for your pocket, but it’s also good for our environment.
Here’s why.
The price of gold is higher than it has been in 17 years because gold is now primarily found in very low concentrations (less than 10 grams per ton). Consider a 5 gram wedding band. It takes approximately ten tons of gold ore to produce one 18kt wedding ring.
Because gold is found in very low concentrations, the only way to extract gold is to create large open-pit mines through blasting and excavating large amounts of ore. At some of the largest mines, half a million tons of earth are moved a day and piled into new man-made mountains that are lined with irrigation hoses that seep millions of gallons of cyanide solution over the rock for years. The cyanide dissolves the gold so it can be separated and melted.
If you take your unwanted gold to a gold buying company, you can help preserve the environment simply by recycling your jewelry. Your gold will be melted down to its purest form and used to make new pieces for the jewelry industry. Recycling your gold is an eco-friendly alternative to gold mining.
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