Earth Day is Wednesday April 22nd and you can do your part by recycling your old gold and silver jewelry! Most people think Earth Day is all about recycling cans, bottles and old newspapers but it’s also a great opportunity to recycle your old jewelry. Simply bring in your broken, out of date or unwanted jewelry and the experts at Empire Loan will give you cash for gold in Boston, or any of our 8 locations. Get cash for your gold. Get cash for your platinum. Get cash for your silver, including that old teapot that you have never used. The staff at Empire Loan will test and weigh your items and pay you cash.
Gold is a rare commodity, because there are very few large deposits left in the world. According to Goldman Sachs, the world only has about a 20 year supply left to be mined.“The combination of very low concentrations of metals in the Earth’s crust, and very few high-quality deposits, means some things are truly scarce,” Eugene King, European metals and mining analyst at Goldman Sachs, wrote in a recent research note.
“Gold has been used as a measure of wealth for more than 4,000 years, as the ancient Egyptians soon worked out that gold was not only shiny and heavy, but rare,” King said.
Recycling the precious metals in jewelry has been going on for centuries. Gold silver and platinum are melted down and formed into new pieces of jewelry. In all likelihood, the ring or bracelet you’re wearing now could have been somebody else’s earrings or chain in another life.
The cost of mining for precious metals like gold and silver in terms of damage to the environment makes the prospect of recycling your old, broken jewelry even more appealing. Did I mention the added bonus that you get cash for your gold?
Help the environment and make made some cash at the same time this Earth Day. What could be better!
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