Category Archives: Precious Metals

What are the World’s Most Valuable Metals?

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The world’s most valuable metals are commonly referred to as precious metals. These include the usual gold and silver metals and alloys that we know so well, and have seem many times in our lives.

But what about other precious metals?
What are the most valuable metals in the world?
Is gold the most valuable metal found on earth?

To get an answer to all these questions and more, continue reading and learn about the top ten precious metals used, mined, and desired all over the world.

Metal Recycling Center 317-244-0700

Metal Recycling Center 317-244-0700

Gold

We will start with gold considering its wide popularity and how well-known it is. Although popular and largely sought-after, gold is not the rarest, nor the most valuable metal found on earth. It is, however, still very valuable and highly desired among several industries and consumers. Right now, you can expect one ounce of gold to be worth around $1170, give or take. This number fluctuates on a weekly basis.

Silver

Silver is also one of the most valuable metals in our society. It is used for several commodities and purposes; such as photography, jewelry, coin currency, dentistry, circuitry, and even batteries. It can also treat moldy wood, limit the spread of bacteria on cell phone covers, eliminate shoe and clothing odors, and much more. The current worth of silver right now is around $16 or $17 per ounce. Again, these values change on a weekly, and even daily, basis.

Precious Metals

As for the rest of the world’s most valuable precious metals, they too retain unique and advantageous qualities and characteristics. Mostly, metals are admired and desired for their high melting points, resistance to corrosion, and density levels. Many of them are sought-after for their reflective qualities, catalytic applications, and conductivity properties as well. These metals are used in the automotive industry, industrial manufacturing, jewelry industry, electrical engineering, and much more. Here is a list of the remained top ten most valued precious metals found in the world today:

1. Platinum
2. Indium
3. Rhenium
4. Palladium
5. Osmium
6. Iridium
7. Ruthenium
8. Rhodium

So as you can see, there are several special and precious metals that are used for various purposes and applications. If you own precious metal materials or commodities, you can sell these items for cash on the spot to a local scrap metal recycling center. Contact them for details about their pay rates and services.

Indianapolis Metal Recycling

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

Call Zore’s Recycling at 317-244-0700 to recycle precious metal in Indianapolis, Indiana. We offer free appliance pickup and haul-away, towing services, and the highest cash returns for anything that contains precious metal. We also recycle and pay cash for all other types of metal as well! Recycle junk cars, car parts, appliances, construction equipment, electronics, and more, all for cash! Call 317-244-0700 and get started recycling metal in Indianapolis for cash on the spot.

Facts About Titanium Metal

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Metal Recycling Center 317-244-0700

Metal Recycling Center 317-244-0700

Metal is one of the most useful natural resources found on our planet. And newer metals are being formed all the time by combining them to make metal alloys. One of the most valuable metals on Earth is called Titanium.

Continue reading to learn some interesting facts about titanium metal and discover the important role it plays in our country’s many industries.

Finding Titanium

You would be surprised to learn all the places that titanium metal can be found, 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.

Manufacturing Titanium

When titanium is manufactured, it produces a large amount of waste material known as “new scrap titanium.” This titanium scrap is often generated from aluminum manufacturers using titanium scrap to enhance casting and decrease cracking in aluminum alloys. In contrast, “old scrap titanium” is recycled titanium that comes from used components, like heat exchangers.

Recycling Titanium

When titanium is recycled, old scrap material is melted down at high levels of heat using vacuum arc reduction or cold-hearth melting. This produces titanium ingots, which are basically just small slabs or nuggets of titanium. From titanium manufacturing, a large amount of scrap is generated. Since titanium metal is 100% recyclable, it is vital to continue reusing and reprocessed titanium scrap, old or new.

Indianapolis Metal Recycling

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

Call Zore’s Recycling at 317-244-0700 to get paid cash on the spot for titanium scrap metal, or any items that contain any type of metal. We pay top-dollar for power tools, sheet metal, appliances, cars, trucks, motorcycles, golf carts, farm equipment, construction equipment, and more! Call 317-244-0700 to request a free estimate for Indianapolis metal recycling, today. We will come pick up your scrap for free!

What are Noble Metals?

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Precious Metal Recycling 317-244-0700

Precious Metal Recycling 317-244-0700

When people hear the term, noble metal, they commonly think of precious metals. Although the name suggests superiority, noble metals are not all precious according to the technical physics definition. However, those who make this assumption wouldn’t be entirely wrong. Virtually all noble metals are in fact, precious, such as gold and silver. But noble metals and precious metals are not synonymous to one another. Continue reading to learn more about noble metals.

Noble Metals

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. Copper is the only non-precious metal that is also a noble metal by the actual physics definition. But this is arguable since copper is vulnerable to both corrosion and oxidation.

A more complete list of noble metals include:

✓ Gold
✓ Platinum
✓ Silver
✓ Rhodium
✓ Osmium
✓ Ruthenium
✓ Iridium
✓ Palladium
✓ Mercury
✓ Rhenium
✓ Copper

Noble metals are important because they are highly useful in advanced technologies, metallurgy, and ornamentation (jewelry and decor). They are high in value because they are so rare.

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

Call Zore’s Recycling at 317-244-0700 to recycle metal in Indianapolis, Indiana. We pay cash on the spot for all metal, including precious metals, non-ferrous metals, and ferrous metals. We also buy junk cars and motorized commodities! Call 317-277-0700 for Indianapolis scrap metal recycling, today.

Is Precious Metal a Good Long-Term Investment?

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Precious Metal Recycling 317-244-0700

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

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.

The 3 Largest Gold Mines in the United States

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Gold Buyers 317-244-0700

Gold Buyers 317-244-0700

Gold has been around since the beginning of mankind, but as soon as its existence was discovered, it became one of mankind’s most prized possessions. Since the initial discovery of gold in America, the hunt for it has never stopped. In fact, as gold fields are mined more and more every day, the lust to find more gold only grows stronger. Currently, the United States is home to three gold mines that are among the largest in the entire world. Continue reading to find out where!

South Dakota

A place called Lead, South Dakota was once one of the largest (and deepest) gold fields in America. Homestake Mining Company was founded in 1877 after George Hearst purchased a primary 10-acre claim for only $10,000. Eventually, they were able to secure up to 8,000 acres! More than 40 million ounces of gold were extracted up until 2002, when Homestake Mine ceased its operation. It was later the site of several particle physics studies. Now, it is the location of the Deep Underground Science and Engineering Laboratory (DUSEL). This lab utilized all 8,000 feet of depth.

California

Also known as “Gold Country”, this western area of the Sierra Madre Mountains is one of the richest gold deposits in the world. Nowadays, it extends all along Highway 49. What started out as the Kennedy Gold Mine at Sutter’s Mill in 1870, soon turned out to be the catalyst for the infamous “California Gold Rush” of 1848 to 1855. Attracting more than 300,000 gold hunters, San Francisco’s population quickly grew from a meager 1,000 to a shocking 25,000 by 1850!

Nevada

Neighboring California, it isn’t surprising to learn that Nevada is also home to one of the country’s largest gold mines. Carlin Trend, Nevada was first discovered as a gold field in 1961 by geologist John Livermore. He was looking for a rumored “invisible gold” that was mentioned in publication written by another geologist by the name of Ralph Roberts. Invisible gold is deposited in soil by hot springs, and is so fine it can hardly be detected by older, traditional methods of panning. Places like Indonesia and China have similar “Carlin Trend-style” deposits. In 1965, Newmont Mining began their gold extracting production, and Carlin Trend has been a well-known source of gold ever since.

Zore’s Metal Recycling Services

Aluminum Recycling Services Indianapolis Indiana

Metal Recycling Services 317-244-0700

Call Zore’s Recycling at 317-244-0700 to recycle metal in Indianapolis, Indiana. We offer cash on the spot for all scrap metal. Recycle anything for cash, including appliances, power tools, construction equipment, vehicles, motorcycles, and more! We are happy to give free estimates and current metal market values, any time. Call 317-244-0700 for metal recycling services in Indianapolis, IN today.

Interesting Attributes of Precious Metals

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Precious metals are rare and valuable commodities in society today. Many people are unaware what a precious metal is, and what it can be used for. Most likely, you have seen a variety of precious metals, and do not even know it! Many people think about jewelry when they hear the term “precious metal”; but the truth is, these metals are used in a variety of industries for a variety of purposes. Metals, especially precious ones, have various uses and advantages other than aesthetic ones. Continue reading to learn more about precious metals, and how they are used in society today.

Precious Metal Recycling 317-244-0700

Precious Metal Recycling 317-244-0700

Rare Metals

A precious metal is any metallic chemical element that has a high economic value; namely due to its rare occurrence in nature and its aesthetic qualities. In some cases, precious metal is used as currency; or has been in history. These metals are highly corrosion-resistant; making them great elements for jewelry, currency, and investment. The rarer a metal, the more precious and valuable it will be on the market. Types of precious metal include:

• Gold
• Platinum
• Silver
• Rhodium
• Palladium
• Ruthenium
• Osmium
• Iridium
• And More

At times, copper can be considered a precious metal when considering its uses in jewelry and currency; however, it is highly common and attainable making it “not-so-precious” of a commodity. Although not worth much, copper is a fantastic metal to sell or recycle because it can be reused over and over again for our own benefit. With the fluctuating economy in progress, valuable metals such as these retain their worth and are considered a valuable and lucrative investment.

Precious Metal Recycling

The more we recycle and reuse precious metals, the more we can preserve and protect the Earth’s natural resources. The advantages of recycling precious metals, such as gold or silver, are highly worth the trip to the metal processing center. Not only does this preserve our natural resources and environmental elements, it can put a few extra dollars in a person’s pocket as well. Here are some examples of precious metals in everyday items that can be recycled for cash:

• Jewelry
• Electronic Devices (i.e. Cell phones, DVD players, Laptops, Televisions, etc.)
• Automotive Car Parts (i.e. Engines, Catalytic Converters, Spark Plugs, etc.)
• Dental Fillings
• Silverware
• Circuit Boards
• Phones
• Cameras
• Laboratory Materials
• Coins
• And More

Recycling precious elements and commodities such as these is a wonderful way to support the environment and sustain our natural resources. It is also a great way to make some extra cash! Various metal recycling and processing companies offer cash for valuable scrap metal such as gold, silver, palladium, platinum, and more. Get in touch with a few local scrap yards to get an idea on who can offer you the best cash return for your precious metals.

Indianapolis Metal Recyclers

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

Call Zore’s Recycling at 317-244-0700 for the best returns on precious metal recycling in Indianapolis, IN. We offer the best rates and highest offers on valuable metals such as platinum, silver, and gold. We accept all forms of recyclable metal goods, including cars, appliances, construction equipment, motorized equipment, power tools, electronics, electrical wiring, and more. Call 317-244-0700 today for
more information about recycling
precious metal in Indianapolis, Indiana.

How to Keep Gold Shiny and Full of Luster

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Precious Metal Recycling 317-244-0700

Precious Metal Recycling 317-244-0700

Gold is a precious metal that is used in various industries all over the world. One of the most prevalent industries for gold in today’s society is the jewelry industry. And it’s not just gold jewelry being purchased on the market today; it’s also statues, trophies, medals, plaques, fine china, home décor, and much more. These items retain a significant, almost undefinable, amount of sentiment and value. And since gold never depreciates, having anything close to its solid form is a luxury. This is why it is so important to keep gold items looking like new.

Continue reading to learn how to maintain gold’s luster, shine, and appeal, and keep it looking like new for years to come.

Cleaning Gold

It is vital to use the correct cleaning products and techniques when cleaning gold. One wrong move can jeopardize the integrity of gold’s luster and attractiveness. Always check labels and never use anything with harsh chemicals, alcohol, ammonia, or peroxide. Here is an easy and effective method to cleaning gold that will be safe for your jewelry and other gold commodities, alike:

Soap and Water

Use a mild dish-washing detergent, preferably liquid form, and mix it with clean warm water. Pour a moderate amount of this solution into a shallow bowl. Next, submerge the gold in the bowl and add a few more drops of the dish-washing liquid. These are mild enough for cleaning gold. Once your gold is in the water, use your fingers or a cotton ball to gently wipe down all surface areas. Then remove from water and wipe clean with a cotton rag or cloth. Do not use tissue. Allow your gold to dry in an open space overnight, and then polish it with a microfiber cloth the next morning. Product suggestions include Dove or Ivory dish detergents. Do not use baking soda under any circumstances!

If you have gold items that you no longer need or want, consider trading them for cash at your local metal recycling center. They offer cash-on-the-spot for anyone that has gold to sell or recycle. They accept jewelry and all other gold commodities. They also buy all other precious metals and common metals, like silver, platinum, copper, aluminum, iron, steel, and much more.

Zore’s Recycling

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

Call Zore’s Recycling at 317-244-0700 to sell precious metals in Indianapolis, Indiana. We buy all scrap metal, precious metal, junk cars, sheet metal, appliances, construction equipment, power tools, and much more. We pay cash on the spot! And after 75 years in business, you can rest assure you are getting the highest returns for your scrap metal in Indianapolis anytime you call Zore’s Recycling.

Why is Platinum So Valuable?

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Precious Metal Recycling 317-244-0700

Precious Metal Recycling 317-244-0700

Platinum is a highly valuable metal. In fact, many experts will argue that platinum is more valuable than gold and silver, despite their highly respected status among precious metals. There are several qualities of platinum that make this last statement true.

Continue reading to learn more about platinum metal, the industries it is used in, and why it’s so admired and desired across the world.

Qualities of Platinum Metal

Platinum is a white-silver metal with a brilliant shine and a density that’s close to gold. It is a heavier metal that is harder than gold and silver, in its purest form. It has a high melting point, high electrical conductivity, and strong catalytic properties. Global quantities and mines are low, making it even more rare than gold. Its unique qualities make it very useful in several industries across the world. Jewelry, industrial manufacturing, automotive technology, and more are just a few to name.

Platinum is a popular, and high-end, choice for jewelry, home décor, art, and more. The reason for this is its resistance to oxidation; which means it won’t tarnish or rust after long-term exposure to air and water. Not only does it remain shiny and attractive, as we all want jewelry to do, it is very durable and will last for quite some time. Platinum is also hypo-allergenic, making it a perfect ring, watch, or necklace choice for anyone sensitive to nickel or silver. These reasons and more are why platinum is a highly desired metal for the jewelry industry.

The automotive demand for platinum takes up nearly a third of all global demand. In the automotive industry, platinum is widely sought-after to manufacture auto parts, namely exhaust catalysts or catalytic converters. These convert dangerous carbon emissions produced by burning fuel, into a non-toxic substance.

Zore’s Recycling

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

Call Zore’s Recycling at 317-244-0700 to sell your platinum junk metal for cash in Indianapolis, Indiana. We are experienced metal buyers that offer the highest returns for precious metals like platinum, gold, silver, and more. You can get a free estimate by calling 317-244-0700 and speaking with a friendly and knowledgeable representative about metal recycling in Indianapolis, IN today.

The Origins of Popular and Admired Precious Metals

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More than one hundred million years ago, during the formation of the Earth, iron sank deep within the center of the planet to create Earth’s core. This core, primarily made from iron, took most of Earth’s precious metals with it; like gold, platinum, iridium, nickel, and more. There is predicted to be enough precious metal in the planet’s core to cover the entire surface of Earth in a 13-foot deep layer. That’s a lot of metal! So where did all this precious metal come from? There are several different theories; but many geologists, scientists, and researchers believe it was from meteors.

Precious Metal Recycling 317-244-0700

Precious Metal Recycling 317-244-0700

Earth’s Core May Have the Answers

Could a cataclysmic meteor shower brought us all the gold, tungsten, platinum and rare precious metals to our Earth? Many believe it is quite possibly so. After the formation of the Earth’s core, a suggested meteorite shower hit the planet, bringing the over-abundance of precious metals; however, these same scientists are puzzled as to how accessible these rare metals, and even gemstones, to mankind.

This is because they believe that all these metals should have been brought down to the center of the Earth by its heavy iron core. Metals like nickel, platinum, gold, and iridium are attracted to iron and should have been pulled into the center along with the formation of the core. As for gems and diamonds, they shouldn’t be as accessible as they are also; but many believe they are shot up from within the Earth’s mantle.

The truth of the matter is that everything is in theory. Humankind is still studying and researching the true origins of precious metals and gems. Studies regarding isotopes and the moon, as well as, Bombardment theories, and more are all inconclusive and yet to prove any origins definitively. Precious metals are beautiful and worth a lot of money, which is why they are so admired in society. You can sell precious metal at a decent rate in today’s economy.

If you have scrap metal, precious metal, or commodities made from rare alloys, consider selling them for cash. You can contact a local Indianapolis Scrap Metal Recycling center for rates and prices per ounce for gold, silver, platinum, and more. Get cash on the spot for an old catalytic converter or broken air conditioner. The choice is yours!

Zore’s Recycling

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

Call Zore’s Recycling at 317-244-0700 to learn more about scrap metal prices in Indianapolis, Indiana. We are extensively experienced and well-versed in precious metal buying and selling, and can offer you the most competitive rates for scrap metal and more. We buy gold, platinum, tungsten, old car parts, junk cars, appliances, construction equipment, sheet metal, and much more. Call 317-244-0700 and speak directly with a company representative about scrap metal recycling services in Indianapolis, IN today.

Top 10 Most Precious Metals

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Metal Recycling Center 317-244-0700

Metal Recycling Center 317-244-0700

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

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

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.