Also on the agenda is environmental protection and the use of durable goods. For example, many consumers in Europe refuse to use plastic packaging and prefer to buy vegetables from regional farmers. The love of nature is manifested not only in natural foods. But gold mining is also directly related to nature, which often suffers from barbaric methods of extracting yellow precious metals. Investment gold and jewelry are then made from this gold.
But now in Europe there is a tendency to use recycled gold, which was produced after the smelting of various gold products or items with a high content of precious metal. Consumers have a choice. They can now choose items, such as coins or jewelry made from such recycled gold. Thus, they seek to reduce the negative consequences for nature from the extraction of yellow precious metals.
The concept of “responsible gold” has also appeared on the gold market. This means that the special auditor ensures that the gold is of legal origin, that is, it was mined in those regions where there is no war and the illegal use of child labor. This can also include precious metals, which were extracted using a minimum amount of chemistry and carbon dioxide.
Recycled gold is an optimal alternative for environmentalists. Refineries remelting tooth crowns, old jewelry and electronic parts. Then the precious metal is cleaned of impurities, so that the output is gold with a purity of 999.9. This approach to producing gold reduces pressure on the environment, as less energy and resources are used during secondary gold processing than in deposits.
It often happens that several old mobile phones may contain as much gold as they are mined during the processing of one ton of ore. Recently, consumers in Europe have increasingly begun to pay attention to the origin of the yellow precious metal from which investment coins and jewelry are made. The trend is growing.