Metal recycling and recovery

Phone: +370 37 408013

info@novitera.lt

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Important information
Vasario 20, 2024

This week is a bit quieter in the precious metals market. Many precious metals rose in price, while some remained flat. Overall, the period in the market has subsided for now, but inflation may still have a leg up on some metals. Spring is likely to begin with elevated metals values (source: Metalsdaily.com).
The price of gold remained stable. It is currently priced at $2016.35 an ounce. Heraeus.com says that inflation is somewhat holding back the growth of gold's value. However, this situation seems to be temporary. Gold demand in China hit record highs in January (source: Moneymetals.com). In India, the demand for this metal has already increased in the last 4 months, especially before their wedding season (source: Brecorder.com). Smallcaps.com.au predicts strong price growth for both gold and silver. Gold is expected to rise to $2,065 an ounce in the near term (source: Fxstreet.com).

Vasario 13, 2024

This week, the prices of precious metals fell somewhat, only silver rose minimally. However, the decrease in prices is not large - it is not worth drawing long-term conclusions from such a change. Thehindubusinessline.com says that the changes in the prices of metals are influenced by both the fall in the US dollar and the different demand of central banks for metals (for example, it is higher for gold). Of course, geopolitical events and inflation should not be forgotten.
The price of gold fell a bit. It is currently priced at $2019.15 an ounce. Forexlive.com says that gold buying in China has fallen somewhat in recent weeks due to the ongoing annual holiday. However, this is a temporary phenomenon, as experts believe that the value of gold will increase further this year (source: Zerohedge.com). Nasdaq.com predicts that the demand for gold may even be record this year, so it is worth watching how the price of the metal changes in these months.

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 Old, outdated, broken down, unused automobile parts, electronic waste, precious, non-ferrous and other scrap metal, alloys and mixtures are welcome to our buying centers and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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