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Before Getting Apple's iPhone 8, Recycle The Gold!

Kitco News

(Kitco News) - It’s September and you know what that means…Apple is unveiling a new iPhone. On September 12, the tech giant will be holding an event to showcase the new iPhone 8. But before you think of tossing out your older iPhone, think about recycling the gold. According to the World Gold Council, there is approximately 25mg of gold generally found in smartphones, roughly worth about $1. Seems trivial but according to some reports, Apple managed to recycle 2,204 pounds of gold in 2015 – or over $40 million worth at current prices.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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