Elemetal Gold
Elemetal’s gold refineries are specialized facilities dedicated to processing and purifying gold-bearing materials, often to be exchanged for new gold products in the form of bullion and gold grain. Gold refineries and bullion dealers play a crucial role in the precious metals industry by ensuring the highest levels of purity and quality. Typical services include melting gold sources such as scrap jewelry, impaired gold bullion, and other gold-bearing materials to separate impurities and obtain refined gold. Elemetal’s gold refineries also offer access to gold bullion for sale or exchange. We frequently work with jewelers, mining companies, dealers, pawnbrokers, and other entities dealing with gold and precious metals looking to convert materials into marketable, high-purity gold products while ensuring transparency and competitive settlements.
What Is A Gold Refinery?
Karat Gold & Scrap Jewlery
We strive to offer the fastest, most reliable scrap-jewelry refining service, with most karat gold settlements in 1 to 2 hour or less. There are no minimums, no maximums, and no hidden fees. We pay top dollar for all forms of gold scrap, and our experienced team can handle any type of scrap jewelry, from chains and necklaces to rings and bracelets. We offer transparent service on all forms of gold scrap so you can get your payment quickly and easily.
Placer
Elemetal refines placer gold for mining companies, delivering industry-leading liquidity and convenient locations with friendly service. Elemetal has the ability to quickly provide assay results, satisfying any mining company's needs.
Grain
We provide easy, convenient access to gold grain through our multitude of nationwide locations. Elemetal can satisfy all jewelers’, dealers’, and brokers’ needs, delivering rapid liquidity and local access to 24k gold grain.
Gold Filled
Bring your gold-filled jewelry, including chains, necklaces, rings, earrings, pendants, glasses, pens, and watch parts to be refined in-house by Elemetal at any one of our locations. We provide the most competitive settlements and seamless payments. Gold-filled jewelry is made by wrapping a very thin sheet of gold around a base made of another material, usually nickel or brass. To determine if an item is karat gold or gold-filled, look for a marking that says "GF" after the karat number.
Bullion
Elemetal’s trading desk offers continuous liquidity to our partners in the precious-metals industry. As one of the largest wholesale dealers in the United States, Elemetal focuses on physical metal trading via outright purchase, sale, or bullion exchange. Elemetal offers a full suite of gold, silver, platinum, and palladium products through its offices across the US. Whether you need a few ounces of gold or several 1,000-ounce silver bars to meet your customers’ needs, Elemetal has you covered. We also offer unique collectibles and bullion exchange services to help you capitalize on opportunities in the precious-metals market. With Elemetal, you have instant access to product and can trade from anywhere.
You can access all products available to buy and sell by visiting our product catalogue or registering for the Elemetal daily pricing sheet.
Frequently Asked Questions
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A gold refinery operates by first receiving gold-bearing materials, such as scrap jewelry, impaired coins, or various other forms of gold designated to be recycled. The process typically begins with melting the material to separate it from impurities and base metals. Then, various techniques, including chemical processes are used to further refine and purify the gold until it reaches a high level of purity. The refined gold is then cast into bars or other marketable forms for sale.
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The value of gold scrap is calculated based on its purity and weight. The purity is determined through assaying, which measures the actual gold content. Once the purity is known, the weight of the pure gold is multiplied by the current market price per troy ounce to calculate its value. Additional factors, such as bullion premiums, may also be considered in the final valuation and increase your return. At Elemetal, we strive to offer your business the highest value for all of your precious metal products and are the only national refiner to pay premiums on a vast selection of bullion products. Our philosophy is that when you succeed, we succeed.
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Scrap gold can be refined at specialized gold refineries that offer refining services. These refineries have the equipment and expertise needed to extract gold from various sources and assay it appropriately to determine the total precious metal content. Elemetal’s services provide transparent and efficient processes for customers, including processing and payment confirmation often in 1-2 hours or less.
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Gold's high value can be attributed to several key factors. Its rarity and the costliness of mining and refining contribute significantly to its price. Historically, gold has been cherished for its beauty and durability, making it a preferred material for jewelry and a symbol of wealth.
Economically, gold is a safe-haven investment, often retaining or increasing its value during economic downturns and inflation, contrasting with the performance of stocks and bonds. Global demand, especially for jewelry and industrial applications, also drives its price.
Additionally, gold's market value is influenced by currency fluctuations, interest rates, geopolitical events, and central bank policies, making its pricing a complex interplay of various global economic factors.
Looking for a gold refinery near you?
Elemetal is America's largest gold refiner with over 45 locations across the United States. We specialize in gold jewelry, gold scrap, gold placer, and more.
Find a gold refinery near you today!
Other Refining Services
Elemetal is a premier leader in refining gold, platinum, and palladium. Our advanced processes prioritize sustainability and responsible sourcing in silver refining. In platinum and palladium refining, we excel in state-of-the-art techniques, meeting industry demands for quality and environmental consciousness, while ensuring responsible sourcing throughout the refining process.