As we wrote in earlier Posts, the need for a license to start a scrap gold buying and selling business is usually determined by your local authorities; city hall and/or police department.In a few cases, a scrap gold business or scrap gold party license is governed by your state or province.For example, here is a scrap gold party or scrap gold business, often referred to as a “Precious Metals Dealers License” or “Second Hand Metals Dealers License”