2022-01-27
Purchase prices for scrap gold are rising. In January 2022, the price of gold rose by about 2%. At the beginning of the month, the price of gold on metal exchanges was about $ 1,820 an ounce, and on January 25, the price was already around $ 1,850 an ounce. As the price of gold on metal exchanges rises, so do the prices of scrap gold. Purchase prices for scrap gold vary from country to country. According to the website scraprice.com, the highest purchase prices for scrap gold in 2022. was in Russia and Germany in January. 1 gram of scrap gold can be sold for 55 Eur and more. Purchase prices for scrap gold vary and depend on several factors. The same type of scrap gold may cost differently due to the buyer s pricing policy and exchange rate fluctuations, but the price
of scrap metal is mainly influenced by the price of gold on metal exchanges. The price of gold on metal exchanges depends on the supply of and demand for gold. From general information online, it can be concluded that people are currently actively investing their money in gold. Selling gold scrap is currently easy because gold buyers can be found in a larger city in every country.