
Explore the recycled metal market including how precious metals are recovered from electronics, silverware, and industrial scrap.
Gold price climbs as pause in Mideast fighting curbs inflation risk

The US industry is facing challenges in meeting the 2027 deadline, which may lead to the need for allowing Chinese minerals. This could impact the demand for precious metals like gold and silver, potentially affecting their prices. The situation highlights the complexities of the global precious metal market and its dependence on international trade.

Implats, a major platinum group metals producer, has halted operations at its Rustenburg mine in South Africa after a tragic accident resulted in six fatalities. This incident may impact the global supply of platinum group metals, which could have a ripple effect on the precious metals market. The temporary closure of the mine may lead to a short-term supply shortage, potentially influencing prices of other precious metals like gold and silver.

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Record-high precious metals prices have turned everyday scrap into a genuine source of value. Old electronics, broken jewelry, dental work, and silverware often contain recoverable gold and silver, and the recycled metal market has grown significantly as more people look to identify and sell these overlooked assets rather than let them sit unused.
Electronics in particular are a surprisingly rich source of precious metals — circuit boards, connectors, and processors contain small but recoverable amounts of gold and silver used for their conductivity and corrosion resistance. Industrial recycling facilities extract these metals at scale, but individuals can also identify likely sources of value in their own homes or workplaces.
Common sources of scrap gold and silver include broken or outdated jewelry, dental crowns, old coins with no numismatic value, silverware, and electronics like computer motherboards and cell phones. A basic understanding of purity markings — such as karat stamps on gold jewelry or sterling marks on silverware — helps identify which items are worth testing before selling.
Before selling scrap gold or silver, it's worth having items weighed and tested for purity by a trusted dealer, since payout is based on actual metal content rather than appearance. Comparing offers from multiple buyers, understanding the current spot price, and avoiding buyers who won't test items in front of you are simple steps that protect against being underpaid for genuine recovered value.

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