How to refine scrap gold
Recycling old gold products can be a great way to turn unwanted or damaged jewellery into profit. There are two main methods of refining scrap gold; melting or chemicals. Traditional methods used centuries ago can still be used today, but the process of refining gold is difficult and can be dangerous. If processed incorrectly the gold could be spoiled, while potentially putting property or people at risk. Professionals should be employed to ensure that gold is refined safely and effectively.
The oldest method for purifying gold is to melt it with fire. Gold has a melting point of 1064 degrees Centigr ade
With the metal in its liquid form the impurities, or dross, rise to the top and can be skimmed, leaving purer gold behind. The liquid gold can then be poured into whatever shape wished, such as a bar, and resold. The new purity of the gold will likely have to be determined by an expert before being sold, and it is worth bearing in mind that if it hasn’t been refined by a professional many dealers will not purchase it.
The second way in which gold is refined is through the use of chemicals – specifically a Hydrochloric and Nitric Acid mix known as King’s Water or Royal Water
In smaller scale refinement, such as electronic recycling or jewellery refinement, a number of acids can be used to purify your gold, but once again these processes can be incredibly dangerous. Use of highly acidic chemicals is should only ever be undertaken by a trained professional, and most metals are toxic when inhaled. The process of combining chemicals, and heating the resultant liquid, can produce lethal vapours.
The refinement of gold should only be done by professionals. Any refinement undertaken at home carries serious risks and should be supervised by someone with experience to mitigate the risks.
The Royal Mint has recently announced their intention to use old waste electronics as a new source of gold. Using a chemical process they will recover gold, silver and other materials. Their process has already successfully refined gold to a purity of 999.9 fineness, perfect for investment gold.
At BullionByPost we offer customers the much easier option of selling your scrap gold to us without the need to refine it. Old jewellery of 9ct, 14ct, 18ct, 22ct and 24ct purity can be sold to us at competitive rates, saving you the need to risk dangerous methods in order to make money from your scrap gold. Click here to see our scrap gold prices.