Silver cadmium is a alloy found mostly in old electrical contacts. The contacts usually look like small squares and circles, about the size of a nickel or quarter. These contacts are harmful to melt because the cadmium gives off a hazardous gas when melted, but we can process these contacts and recover the silver without melting. Check out http://www.silverrefiner.com/silver/silver_cadmium for more information and our terms. We would be happy to give you a quote for your scrap silver cadmium electrical contacts.
Electronic scrap refining is a complex process, yet we have the skills and equipment needed for refining many different metal alloys and other materials containing precious metal. We can pay you for electronic scrap which is found in computers, telecommunications equipment, servers, mainframes, and cell phone scrap. There is a surprising amount of precious metal which can be obtained from circuit boards and other electronic devices, and we have the capability and capacity to recover and pay you for all of it. Please give us a call or drop us an email if you are interested in processing your circuit board scrap.
With the dollar taking a little bit of a hit this morning on positive economic news out of China, the metals are also seeing a nice push up. Gold hit a high of $1665 earlier this morning, but trades slightly lower now at $1660. Silver is currently trading at about $30.35, down from its high this morning of $30.70. Platinum and Palladium are also trading considerably higher at $1520 and $650 respectively. However, concerns still remain over the Eurozone financial crisis. A recent report out of Fitch’s rating agency in Europe said that “Greece is insolvent and will default on its debts”.
Commodities seem to be pulling back a little this morning after a big jump yesterday. Gold is currently down around $16.00 to $1630 and silver is down $0.40 to $29.75. Oil fell from $103 a barrel yesterday to $98 right now. Interesting, considered the problems currently taking shape in the Middle East, especially with Iran threatening to shutdown the Strait of Hormuz.
Even with the small pull back today, metals are up for the week. It’s still a great time to liquidate any extra gold jewelry scrap you might have lying around, or that sterling silver flatware set that’s collecting dust in the closet. We’re very competitive and would love to offer you a quote for your precious metal items.
Be sure to check here periodically for the latest info on precious metals. We’ll try and update periodically with news and information about the metal markets and other current events that could effect the markets.