Melting Down Gold Nuggets

The gold is mixed with other metals.

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. This method will dissolve the ore and separate the gold from the impurities which can later be washed away. Even the smaller gold nuggets sell for about 560 per ounce. 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.

That s because the process is problematic if the piece is less than 24k gold. So a person may be better off to screen out his fine gold and refine it. Today refined gold trades at about 445 per ounce near a 15 year high. Submerge the unrefined gold in a mixture of nitric and hydrochloric acids.

Dry this residue until only gold powder remains. Melting gold leaf into a nugget. In fact most gold buyers only pay around 75 of spot for small flakes. Each of those metals have a different melting point and behave differently which makes for unpredictable results.

I agree with what s been said about not melting nuggets but fine gold flakes are usually not worth more than spot.