The company was founded in October 2008 by Rick and Raj Kanda. The core business started as an extension to Raj Kanda’s 20 plus years of experience in the Jewellery and Precious Metals sectors.
Initially, we operated as a Limited Liability Partnership, subsequently converting into a Limited Liability Company. Since late 2008, we have rapidly expanded our operations as Scrap Precious Metals Buyers, Refiners and Distributors of Investment Gold, Platinum and Silver. Through our offices in the U.K. and the Middle East and an extensive network of connections in continental Europe and the United States we are proud to offer the best rates for Precious Metals in the UK. Our reputation is well established and we are strategic partners to some of the leading brands including: Valcambi, Umicore, Pamp, Emirates Gold and Metalor.
Our purchasing power has grown rapidly and in 3 years we have increased our purchasing activity in the precious metals sector from £3,800,000 to over £16,000,000. It is important to note that this spectacular increase has been achieved through our online operations as we do not operate a network of premises in the UK.
Results for our last Financial Year saw the combined value of our Scrap Gold purchases and Bullion sales reach beyond our forecasts, despite the challenging economic climate.
Our ‘online’ success is largely due to our investment in a dedicated in-house IT Department consisting of Graphic Designers, Web Developers and Online Marketing Specialists. We are highly ranked by the Google Search Engine for most terms associated with Scrap Gold, Gold Bullion and Investment Gold.
Our future plans begin with expansion into other sectors, specifically the retail/e-commerce market. Our medium to long term goal is development into a diverse and successful Public Limited Company.
Both CashForYourGold.co.uk and UKScrapGold.co.uk offer the best and, in reality, unbeatable rates in the UK. Our testing accuracy and reliability have been verified by Trading Standards and we are fully compliant in respect of all regulations pertaining to the business.
The element of trust from our customers is of paramount importance to us. We are keen to emphasize that Group International has no connections whatsoever to any of the numerous scrap gold buyers who were subject to a recent Office of Fair Trading investigation and were required to undertake legal obligations and implement changes in respect of their business practices.
Unlike many Scrap Gold Buyers we are also Investment Bullion Dealers. Our main website UKBullion.co.uk offers Gold, Silver, Platinum and Palladium Bullion at live market rates to both institutional and private traders and investors. Since its launch in 2009, the Bullion sector of our business has grown and our success has been recognized by the industry through a number of strategic partnerships with some of the World’s most renowned Investment Bullion brands including Valcambi, Umicore, Pamp, Emirates Gold and Metalor.