YLG Bullion International
Product & Services

Gold Scraps

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”.



Gold-Scrap
Gold-Scrap

Gold Scrap

An important characteristic of scrap gold is the purity, which means the purity of the scrap is made of actual gold. YLG has been satisfying customers by using the refinery which manufactured by LBMA-accredited refiners and other approved entities. With high-quality products and services to customers that provide solutions, add value and exceed expectations. The company will always be recognized as a market leader, trusted business partner and supplier.



Gold-Scrap
Gold-Scrap

Gold Dore

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.



Gold-Scrap
Gold-Scrap

Gold granules

Gold grains, or granules, are formed during the gold refining process.Liquid gold is pumped into cold water resulting in the formation of tiny grains of pure gold. These particles have an organic shape and difference in size. Gold grain is often melted down to produce gold bars and jewelry or it is used for other industrial purposes.



Gold-Scrap
Gold-Scrap

YLG use only refiners approved by the LBMA. They have to maintain excellent laboratory and production facilities, and there is a proactive monitoring of these refineries on the good delivery list. These are usually the only bars that are used for vaulting and storing purposes.

Selling back conditions

The term sheet condition is customized for each client of selling back gold or silver (bar/Granule/Dore/Grain/Jewelry) to YLG.


Procedures

Open demo account via YLG website . For live account client can call to YLG client service contact no. (+662) 687-9888 ext. 320, 206 and 134 to consult the details of account open process.

 

Requested documents (for corporate)as below,

Account application form
Bullion Transaction Agreement
Physical Precious Metals Sale Agreement
Copy of Passport or ID or VISA and Proof of Residential Address
Business Registration / Certificate of the company / MOA / List of shareholders
Minutes of meeting or Resolution to open the Account with YLG SG
Financial statement for the previous 2 years / Bank Statement 3-6 months KYC / CDD Form

 

Requested documents (for individual client):

Account application form
Bullion Transaction Agreement
Physical Precious Metals Sale Agreement
Copy of Passport or ID or VISA and Proof of Residential Address
Bank Statement 3-6 months
KYC /CDD Form

 

Live account client benefits Receiving private advice and analysis f rom our professional bullion consultant.

  • Be able to trade in 24 hours
  • Ultra speed real time engine with competitive spread and price.
  • Calling trade when you are not able to proceed with your desktop or cellphone.

2. YLG online gold trading system has been developed to support 99.99% LBMA bullion trading in different unit such as troy ounce,TTB and Kilo . It also supports to trade 99.5% purity gold .YLG Bullion Singapore Pte. Ltd. is the first bullion company to provide in-house online gold trading platform for investors.

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