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United News


January, 2016

I would like to start off by wishing all our readers a Happy, Healthy and Prosperous 2016.

The precious metal prices declined in 2015 giving us nice growth in our gold, silver, platinum and palladium related products. When the markets were higher our non-precious products excelled such as our brass/bronze and contemporary metal lines. We feel this is a direct correlation to the precious metal prices, predicting the markets may be difficult this year especially with the current unrest in the Middle East.

Vinny Guadagna Thank you,

Vincent Guadagna
Vinny Guadagna
President and CEO

In this issue of United News …

Recovery of Precious Metals in Gold Jewelry Manufacturing

With the current in prices of precious metals it is wise to review your recovery procedures to optimize the recovery of precious metals in your manufacturing operations.  The following are the usual sources of wastes in jewelry manufacturing.

Melting & Casting

Sources – Crucibles, casting dies, molds, slag, flux residues, casting machinery clean up, sweeps from floors.

Fabrication, Rolling, Wire Drawing, Stamping

Sources – Chips around rolling mills and Wire drawing equipment, Particles around stamping and chain making equipment, Lubricating oils, Rags and wipes, sweeps from floors.

Assembly, Finishing & Cleaning

Sources – Filing, Grinding, Sawing, Soldering, Polishing, Cleaning, Rags and Wipes, Wheels & brushes, Sweeps from floors.

General Workplace

Sources – Smocks and Aprons, Hand washing, Benches, Floors, Walls, Dust on machinery, fans and lights, Sink traps and Rugs.

Approximate gold contents of scrap and wastes in gold jewelry manufacturing
Type of Material Approximate Gold Content
Scrap Jewelry 39 to 75%
Bench Scrap 19 to 52%
Sink Trap Sludge 5 to 8%
Carpets & Wood Floors 0.1 to 9%
Polishing Dust & Sweeps 0.5 to 5%
Crucibles 0.6 to 5%
Floor Sweeps, Emery Paper and Brushes 0.1 to 4%

United PMR will provide free plastic buckets, fiber or steel drums for shipping your waste materials and offers a pick up service in many areas.  Please check with your United representative for more information.

United's New 2016 Catalogs are hot off the press!

Call your account representative for the new 2016 Catalog or request one online.

United Colors – Add Some Color to your Collections for 2016

CatalogLooking to showcase something new?  Try United's new colored alloy formulations for gold and silver which are sure to be a sensation with jewelry designers.

New Gold Alloys
Available in Yellow, White, Rose, Green and Brown.
For 9-18K gold Casting and Fabrication.

Colored Silver
Available in White, Yellow, Pink and Green
(Ask your sales representative for details and silver content)

Precious Metal Spot Prices

  Bid Change
Gold $1,879.91 +$19.00/+1.02%
Silver $23.68 +$0.80/+3.47%
Platinum $881.85 +$33.23/+3.91%
Palladium $2,263.13 +$46.92/+2.11%
Gold 2020-09-28 3:51 PM
Bid/Ask $1,879.91/$1,880.72
High/Low $1,883.08/$1,848.73
Change +$19.00/+1.02%
Silver 2020-09-28 3:51 PM
Bid/Ask $23.68/$23.70
High/Low $23.73/$22.52
Change +$0.80/+3.47%
Platinum 2020-09-28 3:51 PM
Bid/Ask $881.85/$883.92
High/Low $889.29/$849.03
Change +$33.23/+3.91%
Palladium 2020-09-28 3:51 PM
Bid/Ask $2,263.13/$2,270.91
High/Low $2,276.38/$2,207.31
Change +$46.92/+2.11%

+ Show detail

Prices shown are for reference only. Please contact our trading desk for accurate, up-to-the-minute pricing.

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