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The MGS Precious Metals Blog

Manhattan Gold & Silver is an industry leader in precious metal pricing and refining with more than 30 years of experience. During our time in the business, we’ve found the topic of precious metals to be a vast and interesting one. Here on our precious metals blog, we write in-depth posts about the science of precious metal refining, historical and modern uses for precious metals, market news, and much more. Subscribe to our RSS feed to stay current, and discuss the latest posts on our Facebook page.

Recycling Gold

April 22, 2010 07:48

While Earth Day is but one day a year, it reminds us that the earth is delicate and the resources it provides need to be protected.  One way to help protect the planet is to recycle gold.  Gold is one of the mos thighly recycled metals because of its value. According to the world gold council, a minimum of 15% of the annual gold consumption is made from recycled gold. So with that, every time you bring gold in to be recycled, you are helping the earth. This recycled gold is purified and then made into bricks to be sold to jewelers, dentists and other industries to reuse this precious metal. 

Because gold is so stable and valuable, it has always been recycled.  In an economic sense, there is no true consumption of gold, but rather the ownership is transferred from one party to another.  So, there may be a chance that the gold you own could have ancient roots or in fact be royal!   

At Manhattan Gold and Silver, we can recycle gold found in many different types of goods.  We will recycle gold from jewelry, electronics, dental appliances and more.  If you have gold that you need to recycle, we invite you to contact us at 212-398-1454 or stop by our location in the Diamond District at 45 W 47th Street· New York, NY 10036. 

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