Melting Down Gold Nuggets

The remaining substances will be just water and gold the latter having a purity level of more than 99 99 percent.

Melting down gold nuggets.

Would anyone be able to point me in the direction of someone that can help cheers richard sounds cool but as nuggets aren t usually 100 gold if you want to make a profit at any stage on this you d do better selling the nuggets. As per the title i m wanting to melt down a little over 1oz of gold nuggets to make into a coin round. Today refined gold trades at about 445 per ounce near a 15 year high. The gold is mixed with other metals.

Other karats of gold such as 14k or 18k are not 100 gold. In fact most gold buyers only pay around 75 of spot for small flakes. This method will dissolve the ore and separate the gold from the impurities which can later be washed away. Dry this residue until only gold powder remains.

That s because the process is problematic if the piece is less than 24k gold. Submerge the unrefined gold in a mixture of nitric and hydrochloric acids. Bigger nuggets are harder to find and can fetch more than. So a person may be better off to screen out his fine gold and refine it.

Even the smaller gold nuggets sell for about 560 per ounce.