What Are Scrap Precious Metals?

Precious metals mainly refer to eight metal elements such as gold, silver and platinum group metals (ruthenium, rhodium, palladium, osmium, iridium, platinum). Most of these metals have beautiful colors and strong chemical stability, and it is not easy to chemically react with other chemicals under normal conditions.

Precious metals mainly refer to

Investment Overview

Precious metals investment is divided into

The official precious metals trading center pointed out that due to the previous document No. 38 issued by the State Council to rectify the transaction

Precious metal jewelry includes a variety of hair accessories,

Reasons for jewelry to become white and black

When pure gold jewelry is exposed to mercury (

After thousands of years of evolution, today, precious metals such as gold and silver are widely used in economic and social life. There are four specific types

1.International Reserves

The monetary attributes of gold and silver have been developed through the development of human civilization for thousands of years, and have been respected by countries in the absence of commodity exchanges and information exchanges.

In the 1940s, the five major gold reserves in developed countries and developing countries had almost the same total gold reserves: by the end of the 1960s, gold reserves in all countries were growing, but the gold in developed countries Reserve growth is even greater.

Regardless of how history changes, gold has always been an asset reserve means of different countries in the world. By 2009, the central bank's foreign exchange reserves totaled 29,600 tons of gold, which accounted for about 20% of the total human gold production for thousands of years. These two items together accounted for 35.7% of the world's total gold.

2.Gold and silver jewelry

Gold and silver jewelry has always been a symbol of wealth and luxury in human history for thousands of years. With the development of society and the emergence of high technology, the scope and style of jewelry, jewelry, and ornaments made of gold and silver have been continuously widened and deepened. Nowadays, with the continuous improvement of people's income and increasing wealth, the demand for gold and silver jewelry is also increasing year by year.

3. Industry and high-tech industries

Due to the physical and chemical properties of gold, silver and other precious metals, good electrical conductivity, thermal conductivity, and processability, it is easy to process into ultra-thin gold foil, micron gold wire and gold powder, and it is easy to be plated on other metals, ceramics and glass Surface; extremely high corrosion resistance stability, gold is easy to be welded and forged under a certain pressure; can be made into superconductor and organic gold, which makes it widely used in industry and modern high-tech industries, such as electronics, Communications, aerospace, chemical, medical and other fields.

4. Need for preservation and appreciation

In the period of inflation or financial crisis, in order to avoid the loss of purchasing power of money, real assets including real estate (houses), precious metals (gold, silver, etc.), jewelry, antiques, art, etc. often become the objects that investors compete for. Due to the eternity and stability of the value of gold, as a physical asset, it becomes an ideal substitute for currency assets and plays a role in maintaining value. In addition to investing in gold, investors can also make profits by using gold price fluctuations to achieve value-added functions.