Product Details

The term "scrap gold" refers to gold that is sent to a refiner to be melted down and recycled. Therefore, any item that contains gold and is meant to be reprocessed can be considered scrap gold. In addition to our bullion business, YLG is also one of the largest scrap gold buyer companies in Singapore. With our new innovation, our clients can sell their scrap gold with YLG For example, if you sell your old jewelry to a gold dealer, who will send it to a refinery, the "items" you sell will be bought as "scrap gold".

A dore bar is a partially refined gold bar. Dore bars are typically a super high gold content alloy, sometimes actually pure. However, they have no uniformity or set standard. Gold dore bars are the result of removing all non-metal particles out of the gold dore, and consolidating the gold bearing naturally formed alloy into a single chunk. Most often, gold dore bars have,other than gold, mostly silver left in them, plus often other by-products of the gold mining process. The main reason for creating dore bars is to facilitate handling by now dealing with larger chunks of gold bearing alloy,rather than loose particles. In that sense, dore bars are basically the last stage between mining gold ore and refined gold bullion. The idea is that dore bars are pure enough, and large enough for gold refineries to handle.