How to calculate the recycling price of precious metals
一、Calculation basis of precious metal recycling price
The recycling price of precious metals is mainly composed of the following elements:
1. Types of precious metals: The prices of different types of precious metals vary greatly. Gold, silver, platinum, palladium and other metals have different prices due to their different physical and chemical properties and market demand.
2. Purity of precious metals: Purity is an important factor affecting the value of precious metals. For example, the purity of gold is usually measured in kilocartes. The higher the purity, the greater the value. Testing purity is the first step in precious metal recycling.
3. Market price of the day: The recycling price of precious metals is calculated based on the real-time price of the international market. These prices will be affected by various factors such as the global economic situation, inflation, monetary policy, etc., and have certain volatility.
二、Calculation method of recycling prices of different precious metals
1. Gold recycling price: The gold recycling price is based on the current gold market price minus a certain processing fee and testing fee. The usual calculation formula is: Recycling price = gold price of the day × weight × purity
Silver recycling price The calculation method of silver recycling price is similar to that of gold, but because the market price of silver is relatively low, the recycling price is also correspondingly low. Usually: recycling price = silver price of the day × weight × purity
3. Recycling price of other precious metals such as platinum and palladium: The recycling price of metals such as platinum and palladium is also calculated based on their market price. Due to the wide application of these metals in industry, their prices will be greatly affected by the supply and demand relationship.
三、Other factors affecting the calculation of precious metal recycling price
1. Market fluctuations: The price of precious metals is affected by factors such as the global economic situation, inflation, and monetary policy, and the price has a large volatility. Therefore, the market price at the time of recycling shall prevail.
2. Purity detection: The accuracy of the detection has a great impact on the recycling price. Professional precious metal recycling companies will use advanced testing equipment to ensure the accuracy of the test results, thereby ensuring the fairness and rationality of the recycling price.
3. Pricing strategy of recycling companies: Different companies may add different fees to the recycling price, such as testing fees, processing fees, etc. Generally speaking, formal companies with complete qualifications and good reputation charge more reasonable and transparent fees.
