How much is the price per gram for gold plating recycling? Factors affecting the price of recycled gold plating

With the improvement of people's living standards, the use of metal products, including gilded products, is becoming increasingly common. However, with the production and use of these products, a large amount of waste has also been generated, including gold plating waste. If these waste materials are not properly treated, they will have a negative impact on the environment, and recycling gold plating waste can also save resources and reduce environmental pollution. So, how much is the price per gram for gold plating recycling? What factors will affect the recycling price?

1、 Gold plating recycling price

As of May 2023, the market price of gold has been showing an upward trend in the past month. Today, the price of gold is about 443 yuan per gram, and the recovery price of gold plating fluctuates between tens to hundreds of yuan. The recovery price of gold plating is calculated based on the market price of gold on the day of transaction, the content of recovered gold plating material, and the quantity of recovered gold plating.

2、 Factors affecting the price of gold plating recycling

Firstly, it is important to understand that the recycling price is different from the price of gold in the market. The recycling price includes recycling costs, refining costs, and dealer profits. Therefore, the price of gold plating recycling will be influenced by various factors.

1. Gold market price: Gold price is the most important factor affecting the recovery price. The recycling price is usually linked to the gold price of the day, and the higher the gold price, the higher the recycling price. The fluctuation of gold prices is influenced by various factors, such as the global economic situation, political situation, geopolitical risks, monetary policy, etc., all of which can affect the fluctuation of gold prices.

2. Thickness and quality of the gold plating layer: The gold content of the gold plating layer varies depending on the quality and thickness of the gold plated product. The higher the gold content of plating waste, the corresponding increase in recycling prices.

3. Reputation of recycling channels and recyclers: The reputation of recycling channels and recyclers also has an impact on recycling prices. Reputable recyclers are more willing to pay higher recycling prices, while some unscrupulous recyclers may purchase waste at lower prices.

4. Market supply and demand situation: The supply and demand situation in the market can also affect the recycling price. When the supply of gold plating waste in the market is large, the recycling price may decrease. On the contrary, when the supply is low, the recycling price may increase.

The price of gold plating recycling is influenced by various factors, among which the price of gold, the thickness and quality of the gold plating layer, the reputation of recycling channels and recyclers, and market supply and demand are all important factors that affect the recycling price. For individuals or businesses, choosing reputable recyclers and paying attention to market supply and demand can to some extent achieve better recycling prices. At the same time, recycling waste is also a manifestation of environmental responsibility and contributes to sustainable development. When dealing with gold plating waste, it is also necessary to pay attention to environmental and safety issues. Gold plating waste contains some harmful substances, such as chromium, nickel, etc. If not properly handled, it can pose a threat to the environment and human health. Therefore, for enterprises and individuals handling gold plating waste, they should choose legitimate recyclers and treatment plants to ensure proper disposal of waste and reduce its impact on the environment and human health.

In addition, attention should also be paid to environmental protection issues in the use and production of gold-plated products. Reducing the use of gilded products, reducing the thickness of the gilded layer, or choosing environmentally friendly gilded products are all responsible behaviors towards the environment. At the same time, the production process should also minimize the generation of waste and reduce the impact of the production process on the environment.

&Quot; Dingfeng Precious Metals Recycling includes precious metals such as gold, silver, palladium, rhodium, platinum, germanium, iridium, ruthenium, etc. This is our business in precious metal recycling. If you have precious metals such as gold, silver, palladium, rhodium, platinum, germanium, iridium, ruthenium that need to be recycled, please contact us and we will provide you with a satisfactory price& Quot;