Precious metals have been valuable for a very long time. Everyone understands that gold and silver are very valuable. Below you will find a list of the top 10 most precious metals in the world. This list is not going to rank the most precious metals due to price fluctuating with market demand. For example, gold is priced right now around $1400.00 an ounce. Not so long ago, the price per ounce was nearly $2000.00.

So as you can see, prices fluctuate.

10 Common Precious Metals:

Rhodium

This extremely rare metal is commonly used for its reflective properties and its high melting point. Also, known for its ability not to corrode.

Platinum

Most known for jewelry, this metal is not only dense but malleable. Along with its ability not to corrode and withstand great quantities of hydrogen, allow this metal to be used not only for jewelry but also dentistry, aeronautics and numerous other industries.

Gold

The most famous precious metal is not only used in the jewelry but also known for several other industries such as electronics due to its conductivity.

Ruthenium

Ruthenium is a member of the platinum metal. This metal is known for abilities to withstand outside elements along with its hardness. This metal is commonly combined with platinum to create substances that are harder and more impermeable.

Iridium

This metal is also a member of the platinum metal. Produced from platinum ore as a byproduct of nickel mining, this rare metal is known for its really high melting point and being one of the densest elements in the world.

Osmium

This metal is similar in regards to iridium in that it shares the same characteristics as a really high melting point and being one of the densest elements in the world.

Palladium

For its ability to absorb hydrogen at room temperature and stay stable at high temperatures, palladium is used frequently in catalytic converters, used to create white gold, and helps with electronic plating.

Rhenium

With the third highest melting point and being one of the densest metals, rhenium is used is used for many reasons. Turbine engines and electronic contact points are just a couple of the reasons.

Silver

Most known for its jewelry, this element has the best electrical and thermal conductivity of all the metals.

Indium

This metal is produced from zinc ore processing and can be used for corrosion-resistance, semiconductors, and alloys for flat panel devices.

Indianapolis Precious Metal Buyers

Since precious metals are worth so much money, you may be interested in selling them for cash. If you would like to make some extra money in an instant, call Zore’s Recycling at 317-244-0700 today. We pay cash for scrap metal, metal commodities, and all precious metals. Not only do we buy jewelry and other commodities made from precious metals, we also buy all types of scrap metal; such as appliances, cars, electronics, and more. Contact Zore’s Recycling at 317-244-0700 more information about selling your precious metals for cash in Indianapolis, Indiana today.