What is the Current Value of Precious Metal?

Posted on September 14, 2022 by admin

Precious metal is referred to as “precious” for a reason. They are naturally occurring rare elements with highly desirable chemical qualities, and more. Many people think of jewelry when they hear the term, “precious metal”, but the truth is, you can find precious metal in several commodities we use today.

Things like electronic circuit boards, cell phones, DVD players, cameras, laboratory equipment, dental fillings, silverware, electronics, and much more! Precious metal in any form, retains the same economic value, depending on the metal, which is why many people choose to sell or trade precious metals for profit.

Continue reading to learn what today’s current economic value is for some of the most popular precious metals in society today, and who to call if you have precious metals you would like to sell for cash on the spot. Keep in mind that these values change slightly per minute but are accurate conjectures for the month and year.

Sell Precious Metal in Indianapolis Indiana 317-244-0700

2022 Precious Metal Market Prices

GOLD

USA DOLLAR – $1,707.45 per Ounce

EURO – $1,711.29 per Ounce

SILVER

USA DOLLAR – $19.77 per Ounce

EURO – $19.81 per Ounce

PLATINUM

USA DOLLAR – $916.05 per Ounce

EURO – $918.11 per Ounce

PALLADIUM

USA DOLLAR – $2,215.30

EURO – $2,220.28

How to Sell Precious Scrap Metal in Indianapolis

If you have commodities or items made from any of the above metals, or other forms of precious alloys, don’t trust a pawn shop. They don’t have the capital to pay you the fair value for your precious metals. Instead, contact your local Indianapolis metal recycling center to sell and profit from them for some extra income. Some companies offer checks, but others offer clients cash on the spot!

Are you ready to make some fast cash for your precious scrap metal? Contact us at 317-244-0700 for professional and hassle-free scrap metal recycling services in Indianapolis, Indiana. We pay cash on the spot for all scrap metal and junk!

Can I Recycle Precious Metal?

Posted on August 28, 2019 by admin

Precious metals are rare, naturally-occurring, and retain high economic value. They are mostly used for currency, jewelry, and industrial applications. Common types include gold, silver, platinum, palladium, titanium, chromium, zirconium, tungsten, cobalt, rhodium, indium, rhenium, osmium, iridium, and ruthenium.

Continue reading to review some frequently asked questions about recycling precious metals, and perhaps be motivated to jump on board with this important environmental initiative!

Can All Precious Metals Be Recycled?

Yes; all metal can be recycled, including noble, precious, ferrous, and non-ferrous alloys. Not only can you recycle these metals to be repurposed, you can also make money from the entire process. Many scrap metal buyers pay cash on the spot for any metals and alloys. They even accept junk that contains metal, regardless of age or condition.

What is the Current Value of Precious Metal?

Right now, the London Fix values report that Gold is around $1,328.30, Silver is around $16.66, Platinum is around $927.00, Palladium is around $962.00, and Rhodium is around $1,900. These values change virtually every day, as they are easily influenced by numerous worldwide factors.

What Can I Find Titanium to Recycle?

Titanium metal can be found in all sorts of places, even just around your house. Items like dental implants, jewelry, eye wear, watches, and electronic protective cases are common items made with titanium. Other common items include drill bits, wrenches, bolts, and other tools. It is also a common element in motorcycle parts, like brake components, exhausts, clutch levers, and even handlebars.

Is a Precious Metal a Noble Metal?

Noble metals include both precious and non-ferrous metals. Non-ferrous metals do not contain iron, so they are resistant to several elements and subsequent damage, including humidity, chemicals, oxidation, and more. Precious metals are naturally-occurring and retain higher economic value. Noble metals are metals that are resistant to corrosion and oxidation in moist conditions, namely humidity.

Where Can I Recycle Precious Metal?

It is simple to find a company or service that buys, recycles, refines, and sells precious metals. Simply look to your local directories for a trusted and reputable Indianapolis metal recycling center in your city. It is important to find the company that can offer you the best and fairest return for your gold, silver, platinum, or other scrap metal you wish to recycle.

Trust None Other Than Zore’s Recycling!

Call Zore’s Recycling at 317-244-0700 to recycle scrap metal in Indianapolis, Indiana. We pay top dollar for all metals, regardless of age or condition. We buy vehicles, equipment, sheet metal, electrical wiring, computers, auto parts, power tools, appliances, and much more. And we guarantee to pay you cash on the spot! Call 317-244-0700 to make fast cash, today!

Is Precious Metal a Good Long-Term Investment?

Posted on November 7, 2016 by admin

Precious Metal Recycling 317-244-0700

A precious metal is a naturally-occurring metallic chemical element. In modern society, a precious metal has high economic value, but that hasn’t changed much over time. Historically, precious metals were used as currency, so it is no surprise they are still used for investment purposes today. The most well-known precious metals are gold, silver, and platinum; but there are several others as well, including palladium, zirconium, tungsten, cobalt, chromium, beryllium, bismuth, germanium, iridium, rhodium, and much more.

As for modern investing, gold, silver, platinum, and palladium are the most common precious metals used, each retaining an ISO 4217 currency code. But are these a good long-term investment? Continue reading and decide for yourself!

The Ebbs and Flows of Demand

The demand for precious metal will rise and fall over and over again, overtime. But these ebbs and flows in metal values are not something to worry too much about. That is because precious metal will always remain a sold and forgiving investment, and can diverse your financial portfolio in a highly-complimentary way. Investing in precious metal can also offer protection against the risk of inflation and dollar depreciation. If you look at the history of precious metal values, you will notice that they have ultimately risen at or ahead of the rate of inflation. This will teach you that the value of precious metal rises slowly but steadily overtime.

Although purchased in cash, precious metals are not like stocks and other paper assets that can be subjected to certain obligations and requirements. Instead, they are private, tangible, liquid assets that are endowed with finite inherent value. And since you are in possession of the metals, you are not legally required to account for them in your portfolio for the government, banks, and financial institutions.

Recycle Precious Metal for Cash

Indianapolis Metal Recycling 317-244-0700

If you have precious metal you would like to sell for cash, call Zore’s Recycling at 317-244-0700 today! We pay the highest returns for all metals based on current market prices, including precious, ferrous, and non-ferrous metals. As a family owned and operated company since 1927, you can trust us for honest and fair payouts for precious metal, scrap metal, and more in Indianapolis, Indiana.

Whether you have an old catalytic converter or a useless diamond ring, we will pay you top-dollar for its precious elements! Call 317-244-0700 to speak with a friendly office attendant about precious metal recycling, today.