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!
