On Monday 18th August 2008, Gold-Traders was featured in the business slot of the Chris Evans Drivetime show on BBC Radio 2.

The feature focussed on how the credit crunch has led more people to turn-out their old and unwanted gold jewellery and convert it to cash.

Interviewed by Rebecca Pike (Foxy), Phil Williams of Gold-Traders (UK) Ltd stated:

“With the recent downturn in the economy, we’ve noticed quite an increase in the number of customers wanting to sell their gold. Anything from broken jewellery, wedding rings, sovereigns and even dental gold.

What’s important for anyone selling their gold is to shop around. By way of example, a typical high-street jewellery will probably offer around £2-3/g for their 9 carat scrap. However, due to the low operating overheads of an Internet business such as ourselves, we are able to offer significantly better rates.”

The interview also focussed on the environmental impact that gold mining can have and that recycling unwanted jewellery is not only green, it’s one of the few types of re-cycling that earns you money.

As a result of the feature, we have been inundated with enquiries and parcels of unwanted gold jewellery. Our telephone lines have stayed open well into the evening over the last couple of days and staff have been working extra hours to ensure all claims received are processed and paid on the day of receipt.

For a short time on Wednesday evening, the demand on our web server was so great, the Gold-Traders web site crashed. Our apologies go out to any customer trying to access the site at this time, we believe the issue has now been resolved.

Our thanks go out to all our new customers who listened to the radio feature and we hope that Gold-Traders has provided you with an impeccable service.