The Foundation of Metal Pricing

An assay, which examines the composition and purity of a metal, is an essential component of a fair pricing system for metals. Because this scientific technique determines the amount of precious metal present in a sample, buyers, and sellers can negotiate prices based on objective facts rather than on assumption or speculation.
The fire assay, atomic absorption spectroscopy, and X-ray fluorescence are the three methods that are utilized in the comprehensive testing of a representative sample. A comprehensive composition profile is obtained through the utilization of this method, which displays the percentages of various components and precious metals.
The findings of the assay affect the pricing by determining the amount of metal present. More pure items have a higher price tag, whereas those with lesser concentrations of pollutants have a lower value. This transparent method ensures that all participants are aware of the metal’s true worth, which in turn fosters trust in the market and ensures that it is fair.

From the Sample to the Accurate Measurement

To assess the value of precious metals, it is necessary to conduct an analysis.

• The first step is to choose a sample that is indicative of the larger metal batch. Melting, dissolving, and several other chemical procedures have been applied to this sample to completely prepare it for inspection.
• Assays in the present era make use of atomic absorption spectroscopy inductively coupled plasma mass spectrometry and other similar techniques. These methods, which involve the detection of trace elements, offer a comprehensive profile of the composition of the metal sample.
• When it comes to the last stage, expert professionals assess the results of the tests. In the process of determining the percentages of precious metals, impurities are taken into consideration. Buyers and sellers can better grasp the composition of the metal and its value on the market thanks to this in-depth study.

Using accurate testing by IGR protects sellers’ metals against undervaluation, which results in fair pricing. Buyers have the assurance that the prices they are paying are commensurate with the amount and grade of the metal. Findings from accurate assays not only boost confidence but also make metal transactions more trustworthy and provide more information.