Metal recycling and recovery

Phone: +370 37 408013

info@novitera.lt

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Important information
Rugsėjo 28, 2022

All precious metals fell again this week, some even significantly. Volatility in metal prices is becoming more pronounced, with investors even losing interest in some metals (source: Metalsdaily.com). This week, the strongest influence on the fall in the values of precious metals was the strengthening of the US dollar (source: Fxstreet.com). For now, it is difficult to predict whether metal prices will recover at the end of the year.
The price of gold fell to $1,627.17 an ounce. Bnnbloomberg.ca says that with the US dollar rising at such a rapid rate, the value of gold is doing the opposite - it is falling. Experts warn that in some markets, investor interest and confidence in gold as a safe investment in difficult economic times is disappearing (sources: Fxtstreet.com, Nasdaq.com). However, such a trend is not visible everywhere. For example, China's gold imports are now at their highest level in four years (source: Businesstimes.com.sg).

Rugsėjo 14, 2022

All precious metals’ prices rose this week. Similar scenarios have been repeated for several weeks, when metal prices fall for a while, and after that they try to stabilize again. There are many factors that influence metal values, such as the volatility of the Chinese market - if that market recovers, so do metal prices (source: Oilprice.com). However, it should not be forgotten that there have been positive changes during the war in Ukraine this week, sparking hope that the war may end sooner.
Gold rose to $1,725.53 an ounce. Straitstimes.com says that the value of the yellow metal is influenced not only by the exchange rate of the US dollar, but also by changes in the price of energy resources, which, in the current period, is very volatile. The outlook for gold is not so bright yet: it is believed that the price of the metal could fall to $1,700 an ounce (sources: Brecorder.com, Fxstreet.com).

Business clients

 

We collect and recycle waste resulting from direct activity of companies and organizations.

For companies interested in cooperation we offer wide spectrum of services.

 

 

 

 

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Private clients

 

Our company will help you to make money. Old, outdated, broken down, unused automobile parts, electronic waste, precious, non-ferrous and other scrap metal, alloys and mixtures are welcome to our buying centers and we will offer you a good price for it.

              

             

 

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Intermediaries

 

 We offer collaboration to intermediaries engaged in the search for clients willing to sell catalysts, precious, non-ferrous and other scrap metal, alloys and mixtures, waste of electric and electronic equipment.

 

 

 

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