10.21.2020 Metal Prices
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What We Refine

Our commitment to giving our customers honest and fair returns is the reason why we are the industry leader in gold, platinum, silver and palladium refining. Hoover & Strong has been refining precious metals for over 108 years and we pride ourselves on utilizing the most environmentally-friendly refining techniques that always exceed federal, state and local environmental regulations.

Our "Responsible Refiner" certification confirms our ongoing commitment to the environment and to our customers who demand raw materials that are ethically sourced with minimal environmental impact. Learn more about our green refinery.

Hoover & Strong purchases precious metal scrap from U.S. customers only. See our Source Certification here.

We Refine:

  • Gold, silver, platinum & palladium scrap
  • Dental scrap - crowns/bridges
  • Placer gold
  • Benchsweeps, filings, polishings
  • What We RefineFilters & emery
  • Floorsweeps
  • Photo silver & flake
  • Platinum thermocouple wire
  • Watch batteries (silver oxide only)
  • Watchbands
  • Optical scrap
  • Gold filled scrap


  • Weighted silver material
  • Knives with stainless steel blades
  • Crucibles
  • Plating solutions
  • Amalgam (dental silver)
  • Mercury
  • Computer/electronic parts
  • Electrical switches/circuits
  • Silver solders with cadmium
  • Silver nitrate
  • Carpet
  • Ore
  • Plated material
  • Dental retainers
  • Stainless steel

Processing Your Scrap - The moment your scrap shipment is weighed in at our refining division, it is entered into our computerized refining flow system. The shipment is checked and double-checked through every step of the refining process. Each lot, regardless of size, receives the same careful attention to ensure you a maximum return.

It is essential for your material to be properly melted before assay. Clean scrap is mixed with a special flux which makes the melt more fluid and homogeneous. Our experienced processors will ensure that the optimum flux mixture and melting technique is used.

The melt is poured into a mold where the metal settles to the bottom and the slag created by the flux remains on top taking some of the non-metallic impurities with it. The bars are then returned to our vault to be weighed and sampled, where they will remain until you have been paid for your scrap.

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