Online Metal Trading Guide A guide about trading precious metals online plus tips & tricks

Facts

What types of precious metals can you sell online?

Basically there are 4 primary types of metals: gold, silver, platinum and palladium. It’s much easier to understand the value of each metal when you know some of their characteristics.

All of the 4 types of precious metals are being used in jewelry but not only. Precious metals are used for manufacturing bracelets, necklaces, ear rings, pendants, chains, watches, cases, buckles and coins. Beside jewelry, silver is used in health care, gold is also used for dental fillings and wiring, platinum and palladium in auto industry.

Precious metals are hard to mine therefore they are rare metallic elements with a high economic value. In the past precious metals were used as currency, now are considered investment and industrial commodities.

GOLD

Gold OreGold is very ductile and malleable and the color and shine never fades. It can be recycled and the gold does not oxidize. Gold also been desired of kings, queens, pharaohs and emperors not to mention treasure hunters, it’s a symbol of wellness and richness.

Gold is very ductile and malleable and the color and shine never fades. It can be recycled and the gold does not oxidize. Gold also been desired of kings, queens, pharaohs and emperors not to mention treasure hunters, it’s a symbol of wellness and richness.

SILVER

Silver OreSilver is malleable, practically it can be formed into so thin sheets that you can almost see thought them. It is also ductile and has the highest electrical and thermal conductivity of any other metal.

The health care industry use silver in a large number of products, because silver has antibacterial characteristics. In the past, most of the countries made their coins with some content level of silver.

PLATINUM

Platinum OrePlatinum is used in auto industry in large quantities, its also used to improve air quality.

It is hard to get extracted with the traditional and typical mining techniques and some of the best pieces of jewelry are made with platinum.

PALLADIUM

Palladium OreIt is used in auto industry for catalytic converts. In the jewelry industry it’s one of the 3 metals (palladium, silver and nickel) used for making the “white gold".

Did you know that:

All the gold that has ever been mined still exists today.

Astronaut’s visors are covered in a thin gold film to protect their eyes of glare.

Gold can be found in the sea water, but there are no economical methods to extract it.

Did you know that the global need for silver is higher then need of gold?

The worldwide stocks of silver are very low.

Silver is needed in digital technology, without it digital technology can’t work.

Did you know that platinum is the rarest precious metal? It is also one of the heaviest.

The color of platinum is white and doesn’t change though the years.

Did you know that palladium is named after asteroid Pallas?

Palladium has the lowest melting point of the precious metals and it’s the least dense of them.

In jewelry palladium is also known as white gold.