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!

Precious Metal Recycling FAQS

Posted on August 16, 2022 by admin

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

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!

What are the World’s Most Valuable Metals?

Posted on October 19, 2017 by admin

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

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

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.