The COVID-19 outbreak took a toll on the prices of precious metals like gold and silver. According to World Gold Council, the first quarter of 2020 saw a 39% decline in the global demand for gold jewelry. Amid this decline, the gold prices still saw the rise in precious metals prices to $1,700 per ounce in the US and neighboring states. These prices rose first time in seven years in April 2020.
However, the pandemic also saw the binge-buying of the investment bullion that led to a severe effect on the jewelry's metal prices. A few people turned to Scrap Gold Buyer online or offline to sell their gold jewelry for cash or get their precious metal refined to keep it as an investment during the COVID-19 times.
There is still an uneasy balance in the precious metal prices market where rhodium and palladium see an upward trend. In contrast, platinum is still seeing a downward trend talking about gold. The prices saw a significant drop in the Mid-March that tempted people to invest in gold, but it has come out more vital now, post-pandemic. It has made many sellers sell off their scrap gold, too, at the current prices.
Most reputed online companies like 24 Gold Groups provide gold buying and precious metal refining services with full COVID-19 precautions to the customers. Even they have a simple process for gold buying and precious metal refining process. If you cannot visit them and still want the precious metal refining services or want to buy gold, they can help you with their delivery services.
You have to ship your scrap gold or metal, for which you need refining, at their address. To initiate the process, call the toll-free number Please send your package through UPS, TNT, FedEx, Canada Post, or other secure courier companies to our address. Our expert precious metal refiners will check the metal send by you and then initiate releasing the cheque to you.
Payment will be released based on the current market price. You can always check the gold and other precious metals' current market prices at 24 Gold Group official site. During this pandemic time, the precious metal refining and gold buying companies like 24 Gold Group help sellers get a fair price for their metals.
Although gold did not perform well during the pandemic times, it took a severe hit like the 2008 financial crisis. But, the year 2021 is seeing significant improvement in the prices of gold. People are now willing to invest in precious metals and gold in post-pandemic times. If you are based in Canada, Ontario, Toronto and looking for a reputed Scrap Gold Buyer, then 24 Gold Groups provides a one-stop solution for all your precious metal buying and selling needs.
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