What are Precious Metals and Why are they More Valuable?

We have all admired them before; gold, silver, platinum, and more. Precious metals are all around us in various aspects of life. From in the ground, to on the shelves, and in our jewelry boxes; precious metals are highly admired commodities all over the world. So what makes a metal precious, exactly? The answer is fairly simple.

Precious Metal Recycling 317-244-0700
Precious Metal Recycling 317-244-0700

Continue reading to learn what a precious metal is and why they are so valuable in our economy.

Precious Metal

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, there are several more found in nature. Here are some examples of precious metals:

• Gold
• Silver
• Platinum
• Rhodium
• Palladium
• Ruthenium
• Osmium
• Zirconium
• Beryllium
• Cadmium
• Bismuth
• Tungsten
• Selenium
• Mercury
• Cobalt
• Germanium
• And More

Recycle Precious Metal for Cash in Indianapolis, Indiana

If you have precious metals such as the ones mentioned above, you can recycle them for cash in Indianapolis, Indiana. Just call Zore’s Recycling at 317-244-0700 for information about our precious metal recycling services and scrap metal recycling yard. We offer the highest cash returns for precious metals; higher than jewelry stores, pawn shops, and other recycling companies!