Gold Refining

Gold is usually found in mining and excavation projects that turn up the precious metal in nuggets or forms of rock ore with gold mineral (and silver for substance). Gold in its natural form however is unable to be used in production for modern day products. Investments, jewelry, hardware, and electronics, all of which gold is used for, require gold to be in a “refined” form for proper use. There are two main forms of gold refining, the Wohlwill process, and the Miller process.

Wohlwill Process- the Wohlwill process of refining results in high quality gold, but is complex to produce and is usually only involved in small scale operations. This process was invented in 1874 by Emil Wohlwill. The Wohlwill process works by dissolving gold and other metals using a cast-electric process and plating the pure gold alone on a gold cathode. When the metals are dissolved and the gold separated, the cathode is removed and melted to be made ready for use. This process results in 99.999% pure gold melting, and is used for refining in materials such as jewelry, which set standards for the purity of their gold use.

Miller Process- the Miller Process is a chemical procedure involving chlorine gas that produces gold to a 99.95% high degree of quality. Though slightly less pure than the Wohlwill process, the Miller process still produces a extremely high quality of gold and is used in situations where the exact 99.999% purity level of gold is not required or mandated. The process is especially popular for gold use in electronics, where the Miller process benefits by producing gold at high quality and more relative ease then the Wohlwill, as well as quicker turnaround times.

Gold falls as greenback strengthens

As the dollar strengthened against the euro the price of gold showed a decline in New York. Silver prices were shown to be slipping as well. The decline in gold prices seemd to indicate a loss of confidence in gold as a hedge against inflation.For the first time in five sessions the euro fell and is headed for its first quarterly decline since September 2006. As the plummeting dollar sent raw materials skyrocketing, gold climbed to a record $US1033.90 an ounce in March.''The dollar has firmed up and that's brought a little blush off the gold rally,'' said Frank McGhee, the head metals trader at Integrated Brokerage Services. ''The dollar should be free-falling and it's not.''August gold futures fell $US3, or 0.3%, to $US928.30 an ounce on the Comex division of the New York Mercantile Exchange. Earlier, gold rose as much as 0.7% as record oil prices boosted demand for the precious metal as a hedge against inflation.Gold will average $US925 in the third quarter, down from a previous forecast of $US1000, Deutsche Bank said in a report on June 27. The metal rose 0.7% in the second quarter.Silver futures for September delivery fell 20 cents, or 1.1%, to $US17.51 an ounce. The metal has advanced 17% this year, while gold climbed 11%. The euro dropped as much as 0.4% to $US1.5731 after earlier trading as high as $US1.5836. The dollar touched an all- time low of $US1.6019 against the euro on April 22.
Gold also fell after crude oil pared gains. The metal has rallied 43% in the past year as oil prices doubled. Crude futures traded as low as $US139.17 a barrel after gaining as much as 2.5% to a record $US143.67.''With crude rallying and then selling off, we're seeing some selling in gold,'' said Nick Ruggiero, a trader at Eagle Futures.
You will always get the highest price for your gold at Cash4Gold.com. Send for your Free Gold Refining Kit today and see how much we will pay you for your gold and gold scrap.

Why Melting Gold Can Be Helpful to your Health?

Melting Gold can be beneficial to your health because it can help to relieve your stress when your melted gold becomes instant cash. Today, gold is at an all time high and with the value of the U.S. dollar falling, some people think that melting gold through a certified gold refiner is the best way to get instant cash to pay off debt. We all have unwanted gold either from broken marriages or because some gold jewelry designs have become out dated. Why not turn that unwanted gold in to melted gold for a fare market value from a certified gold refiner?

Gold has held its value through time because it is one of our worlds most precious metals. When that gold is turned into cash, a person can sleep good at night knowing that his or her debts have been paid off from their unwanted gold that has been collecting dust for years.

Consider melting your gold for cash and request a FREE Refiner Pak from Cash4Gold.com to start digging out of debt, and start burring your stress for a healthy standard of living..