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Scrap Gold Lot

Scrap Gold and Diamond for Ebay $9.99 No Reserve Auction

Scrap Gold - 1'371 items found

	$20 ST GAUDENS GOLD MINI COIN RARE BAR/SCRAP/BULLION NR Gold > $20, Double Eagle $0.99 Bids: 0 End time: 06-Sep-08 09:22:01 PDT
	10k Gold Motorola Service Award Pin 1.86 Grams Scrap? Cell Phones & PDAs > Other $18.00 Bids: 0 End time: 12-Sep-08 09:18:34 PDT
	10k and14k solid Gold clasps~4.1g~scrap or use~NR~1 Day Gold > Other $0.99 Bids: 0 End time: 06-Sep-08 09:18:23 PDT
	MEXICAN GOLD STUD OLD EARRINGS TOPAZ NON SCRAP *NO=RSRV Fine Earrings > Other $9.95 Bids: 0 End time: 12-Sep-08 09:16:12 PDT
	17.01 GRAMS OF 14 & 10 K GOLD SCRAP WEAR JEWELERY Wholesale Lots > Mixed Jewelry Lots $20.00 Bids: 0 End time: 08-Sep-08 09:14:14 PDT
	GOLD RECOVERY 1 LB SCRAP GOLD MICROWAVE CONNECTORS Gold > Scrap & Recovered Gold $80.00 End time: 08-Sep-08 09:12:31 PDT
	Flawless mini gold coin .5 gram bullion/bar/ingot/scrap Gold > Bars $1.99 Bids: 0 End time: 06-Sep-08 09:12:00 PDT
	Fine St. Gauden Mini Gold coin .5 gram ingot/scrap/bar World > Gold $1.99 Bids: 0 End time: 06-Sep-08 09:09:00 PDT
	Lot of 10K & 14K Gold Jewelry Scrap 16.5 Grams Wholesale Lots > Mixed Jewelry Lots $210.00 End time: 10-Sep-08 09:08:00 PDT
	Aqua Regia Scrap Gold Refining DVD sale FREE SHIPPING Gold > Mixed Lots $19.99 End time: 12-Sep-08 09:07:18 PDT
	Aqua Regia Scrap Gold Refining DVD sale FREE SHIPPING Gold > Mixed Lots $19.99 End time: 12-Sep-08 09:06:26 PDT
	$20 ST GAUDENS GOLD MINI COIN RARE BAR/SCRAP/BULLION NR Gold > $20, Double Eagle $0.99 Bids: 0 End time: 06-Sep-08 09:02:19 PDT
	LOT GOLD JEWELRY HERRINGBONE NECKLACE MORE SCRAP Chains > Gold-Yellow (w/o Stone) $9.99 Bids: 0 End time: 12-Sep-08 09:02:15 PDT
	LOT 2 GOLD ROPE CHAIN NECKLACES 18.5 IN 20 IN SCRAP Chains > Gold-Yellow (w/o Stone) $9.99 Bids: 0 End time: 10-Sep-08 09:01:56 PDT
	55+ GRAMS 10 & 14 KARAT SCRAP GOLD * RINGS*CHAINS*PINS Wholesale Lots > Mixed Jewelry Lots $0.99 Bids: 0 End time: 12-Sep-08 09:01:08 PDT
	14K White Gold Mens Wedding Band Ring Not Scrap Sz 9.5 Fine > Men's Vintage Fine Jewelry $4.99 Bids: 0 End time: 10-Sep-08 09:00:43 PDT
	39.55 GRAMS 14K GOLD SCRAP or WEAR 1.395 OZ. NICE GOLD Wholesale Lots > Mixed Jewelry Lots $499.00 Bids: 11 End time: 12-Sep-08 09:00:00 PDT
	(25) GOLD VIALS + (5) SILVER VIALS BULLION SCRAP Gold > Other $21.99 Bids: 0 End time: 06-Sep-08 08:56:00 PDT
	(25) GOLD VIALS + (5) SILVER VIALS BULLION SCRAP Gold > Other $21.99 Bids: 0 End time: 12-Sep-08 08:54:59 PDT
	Tiny St. Gauden Mini Gold coin 1/2 gram ingot/scrap/bar World > Gold $1.99 Bids: 0 End time: 06-Sep-08 08:54:00 PDT
	(25) GLASS VIALS GOLD LEAF FLAKES BULLION SCRAP Gold > Other $17.99 Bids: 0 End time: 12-Sep-08 08:53:17 PDT
	(10) GLASS VIALS GOLD LEAF FLAKES BULLION SCRAP Gold > Other $7.99 Bids: 0 End time: 12-Sep-08 08:51:53 PDT
	(10) GLASS VIALS GOLD LEAF FLAKES BULLION SCRAP Gold > Other $7.99 Bids: 0 End time: 06-Sep-08 08:51:03 PDT
	Scrap GOLD PC Pentium Chips Gold Recovery 1870 Grams Gold > Scrap & Recovered Gold $29.00 Bids: 0 End time: 12-Sep-08 08:50:53 PDT
	appx 22.5 grms of solid 10k scrap gold Wholesale Lots > Mixed Jewelry Lots $200.00 Bids: 0 End time: 12-Sep-08 08:50:39 PDT
	10k GOLD Jewelry Lot Scrap & Wear - 29 GRAMS 1 day Wholesale Lots > Mixed Jewelry Lots $149.99 Bids: 0 End time: 06-Sep-08 08:49:55 PDT
	LARGE 10K GOLD 20'' FIGARO NECKLACE FOR SCRAP OR WEAR Wholesale Lots > Mixed Jewelry Lots HEAVY 10K YELLOW GOLD 20'' (6.5MM) 37.2 GRAMS OF GOLD $100.00 Bids: 0 End time: 08-Sep-08 08:49:02 PDT
	DIGITAL JEWELLERY SCALE Carat/Gram/Oz SCRAP GOLD/SILVER Jewelry & Watches > Other $24.99 Bids: 0 End time: 06-Sep-08 02:48:19 PDT
	14k gold byzantine Necklace nice not scrap Chains > Gold-Yellow (w/o Stone) $299.99: $450.0 Bids: 0 End time: 12-Sep-08 08:46:20 PDT
	Scrap 10k 14k Gold Pins Masons Prudential 12.48 Grams Gold > Scrap & Recovered Gold $125.00 Bids: 0 End time: 06-Sep-08 08:45:23 PDT
	$20 ST GAUDENS GOLD MINI COIN RARE BAR/SCRAP/BULLION NR Gold > $20, Double Eagle $0.99 Bids: 0 End time: 06-Sep-08 08:45:16 PDT
	Scrap GOLD PC Pentium Ceramic Gold Recovery 1230 Grams Gold > Scrap & Recovered Gold $29.00 Bids: 0 End time: 12-Sep-08 08:43:10 PDT
	GOLD BRACELET 11.35 GRAMS 14k chain CATS not scrap Charms, Charm Bracelets > Bracelets $230.00 Bids: 0 End time: 12-Sep-08 06:42:46 PDT
	Small St. Gauden Mini Gold 1/2gram coin ingot/scrap/bar World > Gold $1.99 Bids: 0 End time: 06-Sep-08 08:39:00 PDT
	SCRAP GOLD 41.8 GRAMS 14KT & 18 KT Jewelry & Watches > Other $0.99 Bids: 2 End time: 08-Sep-08 08:38:59 PDT
	Estate Gold Jewelry & Scrap Gold Bid Calculator Home Arts & Crafts > Metalworking $19.95 End time: 08-Sep-08 08:38:03 PDT
	(25) 24k GOLD VIALS .999% Bar Scrap & Dust + Coin Gold > Other OLD INDIAN HEAD Penny,,,,,,,#1 on Ebay $24.99 Bids: 0 End time: 06-Sep-08 08:37:00 PDT
	NEED EXTRA MONEY-BUY & SELL SCRAP GOLD- A HOME BUSINESS Everything Else > Other $802oz--30 YEARS EXPERIENC BUYING & SELLING SCRAP GOLD $13.99 End time: 12-Sep-08 08:35:46 PDT
	Huge Lot of Scrap Gold Mostly 18K Over 35 Grams Wholesale Lots > Mixed Jewelry Lots $1.00 Bids: 0 End time: 08-Sep-08 08:34:17 PDT
	ovr 100 grms 14k gold mostly scrap some good w/diamonds Wholesale Lots > Mixed Jewelry Lots $1,000.00 Bids: 2 End time: 12-Sep-08 08:32:50 PDT
	$20 ST GAUDENS GOLD MINI COIN RARE BAR/SCRAP/BULLION NR Gold > $20, Double Eagle $0.99 Bids: 0 End time: 06-Sep-08 08:27:25 PDT
	3 Diamond Art Deco 14k Gold Ring Sassy Classy Not Scrap Diamond > Rings $9.99 Bids: 0 End time: 08-Sep-08 08:24:00 PDT
	Rare St. Gauden Mini Gold coin 1/2 gram ingot/scrap/bar World > Gold $1.99 Bids: 0 End time: 06-Sep-08 08:24:00 PDT
	10k and 14k solid Gold jewelry~12.4gr~scrap or fix~NR Gold > Other ~~~one day auction!!!~No reserve!!~ $5.50 Bids: 2 End time: 06-Sep-08 08:19:23 PDT
	1lb Sodium Nitrate Scrap Gold Refining Chem Nitric Acid Gold > Mixed Lots $4.50 End time: 12-Sep-08 08:16:16 PDT
	SCRAP GOLD 14 KT - 47.3 g Gold > Scrap & Recovered Gold $600.00 Bids: 0 End time: 08-Sep-08 08:15:14 PDT
	Retro Solid 14k Gold Filigree Chevron V Ring Not Scrap Gold > Rings $9.99 Bids: 0 End time: 08-Sep-08 08:15:00 PDT
	$20 ST GAUDENS GOLD MINI COIN RARE BAR/SCRAP/BULLION NR Gold > $20, Double Eagle $0.99 Bids: 0 End time: 06-Sep-08 08:12:43 PDT
	Nice St. Gauden Mini Gold coin 1/2 gram ingot/scrap/bar World > Gold $1.99 Bids: 0 End time: 06-Sep-08 08:09:00 PDT
	1lb Sodium Nitrate Scrap Gold Refining Chem Nitric Acid Gold > Mixed Lots $4.50 End time: 12-Sep-08 08:08:23 PDT
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Where is the Gold?

Over the past fortnight, we have seen a sharp fall in gold prices. This fall in price has stimulated demand for gold from consumers and investors across the globe. After a year of dull demand for gold, the sharp fall in prices provided a golden opportunity for consumers and investors waiting on the sidelines to buy gold. This spurt in demand shows that consumers and investors believe that gold is attractively priced at current levels (approx. Rs. 11,500 per 10 grams).

The past few days have been very busy for gold market traders and for employees at the gold vaults. Demand has been strong and widespread, with gold markets in the Middle East, Europe and Asia witnessing strong demand. The strongest demand continues to come from the Indian markets. This has once again reinforced the belief that there will continue to be increased demand for gold from consumers/investors in India. Gold refiners on the other hand have been literally struggling to meet the increased demand for gold.

Demand for gold in India has been so huge that despite a sharp increase in gold imports over the past fortnight, there has been acute shortage of physical gold in the market. Premiums charged by wholesale suppliers and banks have increased to abnormal levels, way beyond what has been seen in the past. What does this indicate? Is this a one-off scenario where refiners and suppliers couldn’t match the unexpected increase in gold demand i.e. they weren’t ready for it? or will there be continued supply constraints for a longer period of time?

The second scenario looks more likely.

An analysis of trends in the three main supply sources for gold (Gold Mines, Central Banks and Scrap Gold), will help to throw more light on this.

Supply of physical gold from mines has been virtually stagnant since the beginning of the decade. There has not been any major discovery of new gold reserves over the past few years. The process of exploration and opening of new mines has become even more challenging due to environmental bottlenecks, manpower, equipment and power shortages.

Historically, Central Banks have been active influencers in the gold market. There have been many instances in the past wherein Central Banks have aggressively sold physical gold, leading to depressed gold prices. However, recent trends show that the reverse seems to be happening now. According to the World Gold Council, trends indicate that gold sales by signatories to the Central Bank Gold Agreement (CBGA), could be the lowest since the CBGA was signed in 1999. With only one month to go before the year end of September 2008, only about 319 tonnes of gold have been sold so far this year by the European central banks. This is against their maximum allowable annual (September 2008 end) sale quota of 500 tonnes. Central Banks worldwide are putting increased importance on gold reserves especially in these times of global economic turmoil. The global economy is going through a pretty traumatic period, and the Central Banks believe that having gold to back up t heir currency is a good idea.

Gold Scrap (typically old jewellery and jewellery manufacturing wastage) has been a major source of supply over the past year. At the prevailing attractive price levels, consumers would be reluctant to exchange old jewellery for new and would rather buy new gold jewellery. The increased demand and higher premiums for physical gold over the past fortnight also suggests that scrap supply has virtually vanished.

The demand in gold just doesn’t seem to be waning. It is increasing every day. Buyers who adore jewellery and those preparing for the upcoming marriage season are rushing in to buy gold. Investors want to buy more gold to protect their portfolio from rising inflation, economic uncertainity and unpredictable and volatile stock markets. Investors in India, have also increasingly preferred to buy gold through Gold Exchange Traded Funds. Globally, investors who buy gold for investment purposes have preferred buying gold exchange traded funds rather than buying physical gold coins or bars. This trend is catching on rapidly in India. This is primarily due to the many benefits that Gold Exchange Traded Funds offer including lower purchase cost, purity, security, transparency and tax efficiency.

It is increasingly clear, that demand for physical gold is set to go higher in the near term especially given the current attractive price levels. Supply of physical gold does not seem sufficient enough to satisfy the needs of hungry gold consumers. The fundamental question is - "Where is the gold supply going to come from?" Gold Mines are not producing enough, Central Banks are selling lesser gold, Scrap Gold is virtually not available. We are still ahead of the peak demand season and facing a supply crunch already. What would happen when demand accelerates during the festival/marriage season that will start from mid September onwards? Where is the gold going to come from to cater to the peak demand?

Read more...

Scrap Gold News

Indian customers lured by lower prices for gold Financial Times, UK - 1 hour ago Earlier this year, Indian citizens' selling of old jewellery as scrap was seen as a signal of a peak for the market. Soon, gold prices reached a record high

Texas Cable News

Fire at South Dallas scrap-metal yard will take days to tame Dallas Morning News, TX - Sep 4, 2008 The blaze began after employees at Gold Metal Recyclers in the 4300 block of South Lamar Street noticed a smoldering patch of one scrap pile around 6 pm Dallas firefighters battle 4-alarm fire at scrap metal facility Fort Worth Star Telegram Firefighters battling four-alarm fire on South Lamar WFAA Fire from scrap yard billows in southern Dallas Dallas Morning News Fort Worth Star Telegram all 16 news articles

Dallas firefighters clean up after scrap-metal fire Fort Worth Star Telegram, TX - 20 hours ago The cause of the fire at Gold Metal Recyclers, 4305 S. Lamar St., was still under investigation, said Sherry Lopez, a spokeswoman for Dallas Fire-Rescue.

Telegraph.co.uk

Team GB 'to scrap for top three' BBC Sport, UK - Sep 4, 2008 By Elizabeth Hudson British Paralympic Association chief Phil Lane believes the Great Britain team should be "scrapping for the top three" in the Beijing Beijing awaits Paralympic launch BBC Sport all 16 news articles

Ginn undergoes surgery for back injury The Age, Australia - Sep 4, 2008 After the pair had qualified for the finals, they decided to scrap training altogether. Fellow rower Karsten Fosterling was put on standby as Ginn's