Price Ranges for Jewellers' Residual Metal

In the jewelry industry, jewelers' residual metal, also known as scrap metal or fine metal scrap, refers to the precious metals that are collected and recycled from jewelry-making processes. The prices for jewelers' residual metal can vary depending on factors such as the type of metal (e.g., gold, silver, platinum), the purity of the metal, and current market conditions.

As of the latest data, here are some approximate price ranges for jewelers' residual metal:

  1. Gold: The price of scrap gold can range from around $40 to $60 per gram for 10k gold to $55 to $85 per gram for 18k gold.

  2. Silver: The price of scrap silver can range from approximately $0.30 to $0.50 per gram for sterling silver.

  3. Platinum: The price of scrap platinum can range from about $30 to $50 per gram for platinum jewelry.

It's important to note that these price ranges are approximate and can fluctuate based on market conditions such as supply and demand, metal purity, and economic factors. Additionally, prices can vary among different buyers and refiners. It's recommended to consult with industry experts or refiners for the most up-to-date and accurate pricing information.