The Hidden Value of Silver Recycling

In a world where sustainability is more important than ever, recycling has taken center stage. However, many Eco-conscious consumers often overlook the potential value hidden within common metal items. Silver, in particular, is a precious metal found in various household objects that can be recycled for cash. This blog aims to shed light on the importance of silver recycling, guiding you on identifying, recycling, and maximizing the value of silver-containing items.

Call 317-244-0700 to Get a Free Offer From Our Professional Silver Recyclers in Indianapolis Indiana
Call 317-244-0700 to Get a Free Offer From Our Professional Silver Recyclers in Indianapolis Indiana

Why Silver Recycling Matters

The Environmental Impact

Silver may be a small component in many items, but its environmental impact is significant. When silver-containing items end up in landfills, they contribute to pollution and waste. Mining for new silver is also resource-intensive, consuming vast amounts of energy and water. By recycling silver, you not only reduce environmental harm but also conserve natural resources.

The Financial Benefits

Apart from the environmental advantages, silver recycling offers financial incentives. Silver has intrinsic value, and recycling it allows you to turn unused or old items into cash. This dual benefit makes silver recycling a win-win for both your wallet and the planet.

Common Household Items Containing Silver

Silver is more common than you might think. Many household items contain this valuable metal, each offering an opportunity for recycling.

Jewelry: Silver jewelry is perhaps the most obvious source of recyclable silver. Over time, tastes change, and jewelry gets damaged or goes out of style. Instead of letting rings, necklaces, and bracelets gather dust, consider recycling them for cash.

Watches: Many watches, especially vintage ones, have silver components. These can include the casing, links, and even the internal mechanisms. Recycling these items can be particularly profitable.

Electronics: Old electronics, especially phones and computers, are treasure troves of recyclable materials. Silver is used in various components, including circuit boards and connectors. Recycling these items ensures that this valuable metal is reused rather than wasted.

Televisions and Cameras: Older televisions and cameras also contain silver. Whether it’s in the circuit boards or the lenses, these items can contribute significantly to your recycling efforts.

Cutlery and Tableware: Silverware like forks, spoons, and knives is another common source of recyclable silver. Over time, sets get mismatched, or newer designs replace older ones. Instead of discarding these items, recycle them for their silver content.

Serving Dishes and Trays: Larger tableware items like serving dishes and trays often contain substantial amounts of silver. These items can add significant weight and value to your recycling haul.

Identifying Silver-Containing Items

Hallmarks and Stamps: One of the easiest ways to identify silver items is by looking for hallmarks or stamps. These marks indicate the purity and authenticity of the silver, making it easier to assess its value.

Testing Kits: For items without visible stamps, silver testing kits are available. These kits usually include a solution that reacts with silver, helping you determine if the item is genuine.

Professional Appraisal: If you’re unsure about an item’s silver content, consider getting a professional appraisal. Experts can accurately identify and value your items, ensuring you get the most out of your recycling efforts.

Where to Recycle Silver for Cash

▶ Local Recycling Centers: Many local recycling centers accept precious metal-containing items. These centers are equipped to handle various metals and can offer competitive prices for your items.

▶ Online Platforms: Several online platforms specialize in metal recycling. These platforms often provide free shipping labels and competitive rates, making it easier to recycle from the comfort of your home.

▶ Scrap Metal Buyers: Scrap metal buyers are another excellent option for recycling silver. These buyers often deal in bulk and can offer favorable rates for large quantities of silver items.

Maximizing the Value of Recycled Silver

Cleaning and Preparing Items: Before recycling, ensure your silver items are clean and free of any non-metal parts. Removing any extraneous materials can increase the value of your items.

Grouping Items by Purity: Grouping items by their silver purity levels can also maximize your returns. Pure silver items are more valuable than those with lower silver content, so separating them can help you get better rates.

Staying Updated on Silver Prices: Silver prices fluctuate, so staying updated can help you choose the best time to sell. Various online resources track precious metal prices and can guide you on when to recycle your items for maximum profit.

Conclusion

Recycling silver offers both environmental and financial benefits, making it an ideal practice for Eco-conscious consumers and recycling enthusiasts alike. By recognizing the value hidden in common household items, you can contribute to sustainability while also earning extra cash.

Now that you’re armed with the knowledge and steps to recycle silver, it’s time to take action. Start identifying, preparing, and recycling your silver items today. Not only will you make a positive impact on the environment, but you’ll also unlock the hidden value in items you no longer need.

Are you looking to sell scrap goods filled with silver, gold, or another precious metal? Contact Zore’s Recycling at 317-244-0700 to get paid instant cash on the spot for scrap metal recycling in Indianapolis, Indiana. We buy electronics, automotive scrap, appliances, and more.

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Exploring Earth’s Treasures: Top 10 Unique and Fascinating Metals

Earth is a treasure trove of invaluable resources, among which metals hold a special significance. These naturally-occurring elements, with their unique properties and myriad uses, have defined and shaped human civilization for centuries.

Today, we delve into the realm of Earth’s most fascinating metals, exploring their distinct characteristics and the extraordinary roles they play in our world. From the most valuable to the most versatile, join us as we journey through our top 10 unique and captivating metals that truly are Earth’s hidden treasures.

Gadolinium Crystals
Gadolinium Crystals

10 Most Interesting Metal Elements Found Around the World

1. Gold

What better place to start than with the most coveted of all metals – gold. This shiny, yellow metal has been a symbol of wealth and prestige since ancient times. It is also one of the least reactive elements, making it incredibly durable and resistant to corrosion. These properties make gold not only valuable for monetary purposes but also essential in various industries such as electronics and medicine.

2. Platinum

Another precious metal that has captured our fascination is platinum. Like gold, it is highly resistant to corrosion and has a beautiful white-silver appearance. However, what makes platinum truly unique is its remarkable catalytic properties. This metal plays a crucial role in the production of many everyday items, from fertilizer and jewelry to automotive parts, fuel cells, and more.

3. Silver

Silver has been used for centuries in jewelry and currency, but its applications go far beyond that. This versatile metal is an excellent conductor of electricity and heat, making it essential in the production of solar panels and electronics. Its antibacterial properties also make it a valuable component in medical devices and wound dressings.

4. Copper

Next on our list is copper, a reddish-orange metal that has been used by humans for over 10,000 years. Its high electrical conductivity and malleability make it ideal for wiring and piping. But copper’s most remarkable property is its antimicrobial effect, making it a vital element in hospitals and water purification systems.

5. Titanium

This strong and lightweight metal is a favorite among aerospace engineers and jewelry designers alike. It has the highest strength-to-weight ratio of any known element, making it an essential component in aircraft and spacecraft construction. Titanium is also resistance to corrosion also makes it valuable in medical implants such as joint replacements.

6. Tungsten

While not as well-known as some other metals on this list, tungsten is a vital resource in the manufacturing industry. Its high melting point and strength make it ideal for producing tools and machinery that can withstand extreme temperatures and pressures. It is also used in the production of filaments for incandescent light bulbs.

7. Iron

Iron may seem like a commonplace metal, but its impact on human civilization cannot be overstated. This strong and abundant element is the foundation of modern infrastructure, used in everything from buildings and bridges to vehicles. It also plays a crucial role in our bodies, as it is an essential component of hemoglobin, which carries oxygen in our blood.

8. Palladium

Another member of the platinum family, palladium has recently gained attention for its use in catalytic converters to reduce vehicle emissions. This metal is also highly sought after in the jewelry industry for its silvery-white appearance and resistance to tarnishing.

9. Magnesium

Often overshadowed by other metals, magnesium deserves recognition for its unique properties. It is the lightest structural metal, making it ideal for lightweight vehicles and aircraft. It also has a high strength-to-weight ratio and is highly flammable, making it useful in fireworks and other pyrotechnics.

10. Gadolinium

Last but certainly not least, we have gadolinium – a metal that plays an essential role in the medical field. This rare earth element is used in MRI machines as a contrast agent to enhance images of internal organs and tissues. It is also used in nuclear reactors and computer memory storage devices.

Wrapping Up

As we conclude our journey through Earth’s treasures, we have only scratched the surface of the diverse range of metals found on our planet. From their unique properties to their crucial roles in various industries, these metals truly are fascinating and valuable resources that continue to shape our world. So next time you hold a piece of gold jewelry or use your smartphone, take a moment to appreciate the wonders of these hidden treasures beneath our feet.

Are you looking for a responsible way to dispose of your old scrap metal? Contact Zore’s Recycling at 317-244-0700 for the most professional and hassle-free scrap metal recycling services in Indianapolis, Indiana. We pay cash on the spot for the full scrap value of your metal items!

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What is the Current Value of Precious Metal?

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
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!

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Precious Metal Recycling FAQS

It is theorized that 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, silver, platinum, zirconium, palladium, 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! Unfortunately, there are a limited amount of precious and valuable metals found on Earth, today, making it critical to recycle them every chance we get.

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!

Recycle Scrap Metal Indianapolis Indiana 317-244-0700
Recycle Scrap Metal Indianapolis Indiana 317-244-0700

Frequently Asked Questions About Precious Metals

What are Precious Metals?

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.

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 precious metal to be repurposed, but 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 are the Current Metal Prices for Common Precious Metals?

Right now, the London Fix values report that Gold is around $1,776.40, Silver is around $20.15, Platinum is around $937.00, and Palladium is around $2086.00. 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 Also 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.

How Do I Sell Precious Metal?

Although it is simple to find someone to pay you for your precious metals and fine jewelry, it is responsible to find a center that conscientiously recycles, refines, and redistributes them. 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.

If you have precious metal items or general metal scrap, sell it to us for cash on the spot! Contact Zore’s Recycling at 317-244-0700 for profitable scrap metal recycling services in Indianapolis, Indiana. Get paid instantly for appliances, computers, laptops, electronics, auto parts, pure jewelry/art, and anything else that contains precious metals!

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Educational Facts About Titanium Alloys

Titanium is a widely-applied metal because it delivers a wide range of useful properties. It can be applied in pure form, which comes in various grades and finishes, or it can be used to create an alloy. An alloy is any metal that is created by combining two or more metallic elements, especially for the purpose of increasing strength or corrosion resistance.

Continue reading to learn some interesting facts about titanium and its alloys, including where to get paid cash on the spot for your scrap precious metals.

Indiana Precious Metal Buyers
Indiana Precious Metal Buyers 317-244-0700

The Common Properties of Titanium

A precious metal is any pure metal that is rare and occurs naturally in the environment. They are made up of natural chemical elements that retain high economic value.  From a chemical standpoint, precious metals do not react as much as other elements do.  In fact, they are usually ductile.  Precious metals are high in luster and shine; which made them popular forms of currency in historical times. In today’s society, precious metals are viewed more as an investment or industrial commodity. The most universally known precious metals are the chief coinage metals, gold and silver; however, titanium is also a precious metal.

Due to a higher iron and oxygen content, pure titanium is high in tensile strength, which is valuable in itself, but titanium also retains several other important properties. Not only is it half the density of nickel alloys, it is highly corrosion-resistant, creep resistant, non-magnetic, and much more. As for titanium alloys, they are often higher in tensile strength, lighter in weight, more resistant to corrosion, and show incredible toughness against extreme temperatures. These properties make both pure titanium and it’s alloys an asset in the industries mentioned before, and many others like them.

Additional key properties of titanium and titanium alloys include, but are not limited to the following:

✅ High Melting Point
✅ Non-Magnetic/Non-Ferrous
✅ Low Density
✅ Light-Weight
✅ Resistant to Erosion
✅ Notable Cryogenic Properties
✅ High Fracture Resilience
✅ High Fatigue Strength
✅ Low Thermal Expansion
✅ High Shock Resistance
✅ Low Modulus of Elasticity
✅ Non-Toxic
✅ Non-Allergenic
✅ Short Radioactive Half-Life
✅ Fire-Resistant

How to Sell Precious Metal in Indiana

Call Zore’s Recycling division at 317-244-0700 to sell precious metal in Indianapolis, Indiana for cash. We have been a family owned and operated metal recycling company for over 75 years, and continue to make customer satisfaction our number one goal in our metal recycling division. And to make recycling easier for you, we offer several customer conveniences at no extra charge! Request a free estimate, today.

What are Noble Metals?

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.

Why is Platinum So Valuable?

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

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

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.

Types of Precious Metals and their Current Values

Precious Metal Recycling 317-244-0700

Precious Metal Recycling 317-244-0700

High valued metals are considered precious; but what constitutes a precious metal? A metal that is rare is typically categorized as a precious metal. Other variables that influence the worth of metals are high demands and market values. If precious metals come in bulk form, they are referred to as bullion, and traded on commodity markets. Bullion value is only determined by purity and mass; rather than its face value as money. Let’s take a look at the most popular high-priced precious metals and what purpose they serve in today’s society.

Rhodium

Rhodium is one of the most valuable metals in the world. It is a shiny and silver-colored metal that is mostly desired for its reflective qualities. It is often times used for mirrors, search lights, optical instruments, and jewelry varnishes. It is also widely used in the automotive manufacturing industry for its high melting points and its remarkable resistance to corrosion.

One kilogram of Rhodium has cost over 10,000 dollars in recent years; however, in today’s market, the price of this metal changes on a daily basis. As of January of this year, Rhodium costs between 1,100 and 1,300 dollars per ounce. For one kilogram of Rhodium, conglomerates pay upwards of 45,000 dollars or more, depending on the purity. South Africa and Russia are the dominate regions where Rhodium is found today.

Platinum

Precious Metal Recycling 317-244-0700

Precious Metal Recycling 317-244-0700

Engagement rings, dentistry, watchmaking, weaponry, and aeronautics are a few examples of popular uses for Platinum these days. Platinum is also found in South Africa and Russia; just like Rhodium, but it has also been found in Canada and a few other countries as well. It is most admirable for its malleability, density, ductility, and resistance to corrosion; just like Rhodium. It is a stunning silver-white metal with intense luster and shine. Often times it is mistaken for silver. One distinctive and interesting quality of Platinum is its ability to withstand large amounts of hydrogen.

Platinum is not a cheap commodity. As of today, platinum costs around 1,400 dollars per ounce; that’s 49,000 dollars for one kilogram! During stable economic times, the price of Platinum can easily exceed the price of Gold; whereas, in shaky economic spells, the price can drastically drop. Gold values are more stable during slow economic periods because its demand is not driven based on industrial use alone.

Gold

Gold is one of our world’s most popular metals and investment options. It is desired for its malleability, durability, and even more so for its beauty. For centuries upon centuries, gold has been a cherished and sought after metal; even before the human race could understand its actual worth. Gold is primarily found in China, South Africa, Australia, and the United States. Mining and panning are the common methods used to separate rocks and minerals from gold nuggets.

Gold has various uses, but is mostly associated with fine jewelry. An interesting fact is that gold actually has high conductivity levels, making it perfect for electronic components and more. It is also highly reflective and used for common products; from radiator shields to office windows!

Silver

Silver is one of the top most valued metals on the planet. It is a whitish-shiny metal that has the lowest contact resistance of all the metals discussed. It has phenomenal thermal and electrical conductivity capabilities; as well as, an endless list of uses.

Silver is probably most known for its common uses; such as coinage, jewelry, batteries, dentistry, circuitry, and even photography. However, there are several niche uses for silver that many people do not know about. For example, silver is also used as an odor-control solution for shoes and clothes, a mold treatment for wood, and more. It can even be used to stop the spread of bacteria on mobile phone covers.

As of May this year, silver is remaining steady at about 24 dollars per ounce. That equal to about 840 dollars for one kilogram. It is a fairly affordable metal, making it popular for jewelry and other material commodities. In the past, silver was valued much higher; reaching nearly 50 dollars per ounce in the eighties.

Indianapolis Metal Recycling

Indianapolis Metal Recycling 317-244-0700

Indianapolis Metal Recycling 317-244-0700

For more information about precious metals or recycling metal in Indianapolis, call Zore’s Recycling at 317-244-0700 today. Trust Zore’s to offer the most current information and price rates for precious metals in in Indianapolis, IN.