Palladium Scrap Calculator
How to Use Our Scrap Palladium Calculator
The Calculator can also help you estimate the amount of bullion products—including fine gold grain, privately minted rounds, and sovereign gold and silver products—that you can acquire via scrap-metal exchanges or direct purchases.
To use the scrap palladium calculator, follow these steps:
Step 1) Enter Palladium Price: At the top of the calculator, locate the field labeled “Palladium Price Today.” Enter the current market price for palladium here if it hasn't been pre-filled.
Step 2) Select Measurement Unit: Choose your preferred unit of measurement (grams, dwt, or troy oz) from the dropdown next to "Measurement."
Step 3) Enter Quantity: In the left column, input the amount of palladium you have for each purity level (e.g., .90 .95, Fine) in the fields corresponding to each type.
Step 4) View Your Palladium Prices: The calculator will automatically generate results in the “Dealer’s Buying Guide” on the right, including:
Total Weight: The combined weight of all palladium entered.
Estimated Fine Palladium Content: The pure palladium content based on the entered purity.
Estimated Payable Palladium Content: The palladium content after refining deductions.
Estimated Payable $ per Unit: The value per unit, based on your inputs.
Step 5) Set Target Profitability: Adjust the “Target Profitability” slider to select your desired profit margin on a retail purchase. The calculator will adjust the target purchase price accordingly. Results include:
Total Estimated Settlement: Displays the total settlement value at the bottom.
Price Breakdown: Shows the price per dwt, gram, and troy ounce on the right.
Target Purchase Price: Reflects the amount you may pay for the palladium based on your chosen profit margin.
Estimated Profit: Provides an estimated profit based on your inputs and selected profitability target.
FAQs
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Palladium can be found in various types of scrap, including:
Jewelry, such as rings, necklaces, and bracelets.
Electronics, where palladium is used in components like connectors and circuit boards.
Industrial materials
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Palladium's value has fluctuated due to several factors, including increased demand for industrial uses, limited supply from mining operations, and growing interest in its use in electronics and jewelry. These factors combined have driven prices higher.
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People are buying palladium for several reasons, including:
Its essential role in industrial uses.
Increasing applications in electronics and medical devices.
Precious metal collecting, as many view palladium as a valuable asset.
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To secure the best value for your palladium, consider these strategies:
Stay updated on current market prices and trends.
Use Elemetal’s Scrap Palladium Calculator to obtain a precise estimate.
Take advantage of same-day payments, and monetize your palladium quickly using a reputable, local refiner
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Elemetal provides a range of services for scrap palladium, including:
Same-day settlement for most palladium items.
A transparent refining process that ensures you understand the value of your materials.
Access to over 45+ locations nationwide for convenient service and support.
Looking for a palladium refinery near you?
Elemetal is America's largest palladium refiner with over 45+ locations across the United States. We specialize in palladium scrap, palladium jewelry, palladium bullion, and more.
Find a palladium refinery near you today!
About Our Scrap Palladium Calculator*
Elemetal strives to inform and support its dealer network, including jewelers, pawnbrokers and tradesmen, in maximizing their refining-settlement recoveries. Elemetal's Palladium Scrap Calculator is a unique tool to assist these dealers in estimating the potential value and precious-metal content of scrap gold and other precious metals. It provides approximate values of what one might expect to receive on refining settlements, considering typical assay values and metal recoverability. This helps users quickly assess the potential profitability and margins of metal purchases (see target profitability slider) for retail sales. Such instant value estimates can help users make informed decisions about buying, selling, and refining scrap metals.
The Calculator can also help you estimate the amount of bullion products—including fine gold grain, privately minted rounds, and sovereign gold and silver products—that you can acquire via scrap-metal exchanges or direct purchases.
For an overview of Elemetal’s broad precious metal capabilities and vast selection of bullion products available for sale or trade, we encourage you to Get Started with Elemetal and see how one of our industry-leading 45+ nationwide locations can help you today.
* The calculator is provided for informational purposes only. It does not constitute offers to buy or sell material.