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The price of gold has increased: what to choose: buy or is it better to sell?

2025-06-05, Scrap Gold prices

Since the beginning of 2025, the price of gold in the world has increased by about 20-30%, which has directly affected the purchase prices. If you have unused jewelry, now may be a good time to sell it, as buyers are offering much higher prices than a few months ago.
What are the current purchase prices for gold?
Based on scraprice.com data on gold purchase prices we present the prices of gold buyers in €/gr for 585 fineness (14 carat) gold from several countries:
(country, buyer, price, price fixing date)
USA (Cash for Gold USA) – €56.32/g (2025.05.08)
Czech Republic (Profihotovost) – €53.064/g (2025.06.02)
Poland (Artar S.C.) – €53.44/g (2025.05.11)

A sharp drop in copper prices on exchanges raises concerns

2025-04-08, Scrap copper prices

These days, there has been a sharp wave of copper price decline on exchanges, which is raising concerns throughout the production chain. By the end of March of 2025, the price level reached 5.2 USD/Lbs, but on April 8, this indicator fell by more than 20% to 4.1 USD/Lbs. Such a sharp drop reflects market instability, which is determined by both global economic changes and specific trends in raw material supply and demand.

A sharp drop in copper prices on metal exchanges will affect the price of copper scrap.

Copper scrap buyers who have copper scrap in their warehouses are unlikely to sell it and will try to hold on to it as much as their financial resources allow, while trying to purchase as much copper scrap as possible at a lower price.

The change in scrap metal prices in the United States

2025-03-06, Scrap metal prices

Based on data provided by scraprice.com, this article reviews scrap metal price trends across various regions in the United States and the percentage changes recorded from December 2024 through February–March 2025. The data indicates that prices have steadily increased in most locations. These trends can be attributed to regional supply and demand fluctuations, transportation costs, and other market factors. Prices are listed in euros per ton (EUR/T).

Regional Analysis

Stainless Steel Scrap Price: Trends and Influencing Factors in 2024

2024-09-15, Scrap stainless steel prices

Stainless steel scrap price: Trends and influencing factors in 2024

Stainless steel scrap is an important category of secondary raw materials whose price and market trends can have a significant impact on both the industrial sector and individual sellers. In May 2024, the price of nickel on metal exchanges reached more than 21,550 USD/t. However, this wave of price increases was short-lived, and the price of nickel soon returned to its previous level. Since the price of stainless steel scrap is directly related to the price of nickel, the prices of this scrap have remained relatively stable.

Gold Price Reaches a New Record

2024-09-14, Scrap Gold prices

14 September 2024 has gone down in history as an important day in the gold market. On this day, the price of gold reached an all-time high of USD 2,580 per ounce. This event is undoubtedly pleasing for both gold investors and sellers, who can now look forward to greater financial gains.

Why has the Gold Price Risen?

There are several reasons for the rise in gold prices. Firstly, global economic turmoil and geopolitical strife often increase the demand for precious metals such as gold, which are considered a safe haven for investors. Secondly, global financial market volatility and fears of inflation can also contribute to the rise in gold prices.

Where to Sell Gold Most Expensive?

Aluminum Scrap Purchase Price in the First Half of 2024

2024-06-30, Scrap aluminium prices

The price of aluminum scrap increased significantly during the first half of 2024. Compared to the beginning of the year, the price of aluminum on metal exchanges rose by about 30% by the end of May. On January 24, 2024, the price of aluminum was around 1970 euros per ton, and by May 29, it had reached as high as 2560 euros per ton. However, during June, the price of aluminum on exchanges decreased by about 12%, down to 2320 euros per ton.

Since aluminum scrap purchase prices directly depend on the price of this metal on the metal exchanges, they also changed accordingly. According to the information from the website scraprice.com, depending on the type of aluminum scrap, the highest purchase prices were recorded in Poland (about 2260 euros per ton) and Turkey (about 2200 euros per ton).

Copper price spike in 2024

2024-04-22, Scrap copper prices

In the second half of April 2024, the price of copper rose to 9,749 US dollars per ton. This is the highest level of the copper price in the last two years. This impressive growth surprised both market participants and economic experts.
Compared to the beginning of the year, the price of copper increased by as much as 15 percent. This sudden rise in prices has created a lot of interest among investors and industry. Why did the price of copper rise so much?
One of the factors that could explain this increase in the price of copper is the recovery of the industry in recent years after the economic disruption caused by the pandemic.

Scrap metal prices are different. Which scrap metal price is higher?

2024-03-25, Scrap metal prices

The price of steel scrap, like that of non-ferrous metal scrap, is often not stable and changes frequently. The price of scrap metal mostly depends on the demand for this raw material in the market. The higher the demand for metal in the market, the higher the price of this raw material on metal exchanges. When the price of metal increases in the metal exchanges, the purchase prices of scrap metal also increase.
Scrap metal prices are different in different countries. Information can be found on the Internet that the highest price of scrap metal is in Turkey and has been between 300 - 400 euros per ton for several years.
The price of heavy metal scrap is higher, while the price of thin and light metal scrap is lower. This is due to the higher transportation cost of light metal scrap. For example, car brake discs have a lot of weight and a small volume, so scrap car brake discs always have a high price.

The highest price of scrap metal remains in Turkey

2024-03-05, Scrap metal prices

At the beginning of 2024, it is possible to review the price of scrap metal in 2023. From the presented graph, we can see that last year the price of scrap metal remained around $380 per ton for a longer period of time. However, comparing the price of scrap metal at the beginning of the year and at the end of the year, it could be said that the price did not change much and remained on average at the level of $400-420 per ton. Evaluating the price of scrap metal by country, we can say that the highest price of scrap metal was in Turkey.
In the period of the first two months of 2024, the price of scrap metal also had no significant changes and averaged around $410 per ton. The price of scrap metal fluctuates depending on various factors such as demand, supply, market conditions, and the global economy.

Scrap aluminium prices in the world

2024-02-20, Scrap aluminium prices

At the beginning of 2024, the price of aluminum on the metal exchanges started to decrease rapidly and during January it decreased by almost 10% from $2,380 to $2,160 per ton. However, judging by the fact that the price of aluminum was strongly increased in December 2023, it can be concluded that the average price of aluminum remained at a similar level. In the period of these two months, the prices of aluminum scrap did not change much. Analyzing various information on the Internet, it can be said that the highest price of aluminum scrap is in Poland.
Those who want to sell scrap aluminum should know that one of the types of scrap aluminum that has a high price is aluminum car rims. Their price

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