What metals are worth scrapping?

Your phone and a first aid kit are also smart to keep on hand. If you want to make more money from scrapping metal, focus on high quality metals such as copper, brass, aluminum, lead, silver, and gold. These are either precious such as gold and silver, or heavy such as lead.

What metals are precious?

What are Precious Metals? Gold, silver, platinum, and palladium are considered to be precious metals because they are rare. Their rarity makes them expensive and difficult to mine and valuable to industries and investors alike. Industries often use silver, platinum, and palladium as key components within appliances, electronics, and car parts.

What does spot price mean?

Spot price is the price traders pay for instant delivery of an asset, such as a security or currency. They are in constant flux. Spot prices are used to determine futures prices and are correlated...