Platinum Scrap Price Per Gram: Baton Rouge, US Guide 2026

Platinum scrap price per gram inquiries are on the rise as industrial manufacturers and investors in the United States seek to understand the value of this precious metal. As of 2026, understanding these fluctuating rates is crucial for anyone dealing with platinum-containing materials, especially in key industrial hubs like Baton Rouge, Louisiana. Maiyam Group, a leading dealer in strategic minerals and commodities, recognizes the importance of transparency and accurate pricing for valuable metals like platinum. This comprehensive guide will delve into the factors influencing the platinum scrap price per gram, specifically looking at the market within the United States and providing context relevant to businesses in Baton Rouge.

Navigating the market for platinum scrap requires knowledge of its purity, market demand, and global economic trends. Whether you’re a jeweler with old pieces, an industrial facility with spent catalysts, or an investor looking to liquidate, knowing the current platinum scrap price per gram in Baton Rouge, United States, is key to making informed decisions. We’ll explore how to determine the value of your platinum scrap and what to expect in terms of pricing throughout 2026.

What is Platinum Scrap and Why Does Its Price Matter?

Platinum scrap refers to any form of discarded platinum or platinum-containing materials that can be recycled and refined to recover the precious metal. This includes old jewelry, dental crowns, catalytic converters from vehicles, electronic components, and industrial process waste. The value of platinum scrap is intrinsically linked to the price of pure platinum on the global commodities market, but it also depends heavily on the purity and form of the scrap itself. For businesses in the United States, particularly those in industrial sectors like automotive and chemical manufacturing, understanding platinum scrap value is essential for asset recovery and cost management.

In Baton Rouge, where industrial activity is significant, companies may generate considerable amounts of platinum-bearing waste. Efficiently recycling this scrap can lead to substantial financial returns. Furthermore, the growing demand for platinum in areas like fuel cells and advanced electronics means that even small amounts of scrap can hold considerable value. The price per gram fluctuates daily, influenced by factors such as supply and demand dynamics, geopolitical stability, currency exchange rates, and the overall health of the global economy. Staying informed about these variables is critical for maximizing returns on platinum scrap.

Determining the Purity of Platinum Scrap

The purity of platinum scrap is arguably the most significant factor in its valuation. Platinum is often alloyed with other metals, and the percentage of pure platinum present will directly impact its price per gram. Scrap is typically categorized by its karat (or fineness), similar to gold. For example, 950 platinum indicates 95% pure platinum, while 900 platinum means 90% pure platinum. Higher purity levels command higher prices. Reputable refiners, like Maiyam Group, utilize advanced assaying techniques to accurately determine the exact platinum content of scrap materials. This process often involves X-ray fluorescence (XRF) or fire assay methods to provide a precise valuation, ensuring you receive a fair price based on the actual platinum recovered. Accurate assessment is key for Baton Rouge businesses to ensure they are not undervaluing their recyclable assets.

When sending scrap for assaying, it’s important to work with trusted partners who provide transparent reporting. This ensures you understand how the final price is calculated. Factors such as the presence of base metals or other precious metals like palladium, rhodium, or gold in the alloy can also influence the overall value, sometimes adding to it, and sometimes complicating the refining process and potentially reducing the net return. Understanding these nuances is vital for anyone looking to sell platinum scrap in the United States.

Factors Influencing Platinum Scrap Price Per Gram in the US

Several dynamic factors influence the platinum scrap price per gram in the United States, impacting businesses from New York to Baton Rouge. These elements create a complex market where prices can shift rapidly.

• Global Platinum Market Price: The most direct influence is the spot price of pure platinum, which is traded on international commodities exchanges. This price is subject to daily fluctuations based on global supply and demand.
• Scrap Purity and Form: As discussed, the percentage of pure platinum in the scrap is paramount. Jewelry scrap, for instance, might be 90-95% pure, while catalytic converters can have varying levels of platinum, palladium, and rhodium. The form factor also matters; easily processed forms are generally more desirable.
• Refining Costs: The cost associated with extracting and refining the platinum from the scrap is factored into the price paid to sellers. More complex or contaminated scrap will incur higher refining costs, potentially lowering the price paid.
• Market Demand: Demand from industries that use platinum, such as automotive (catalytic converters), jewelry, electronics, and medical devices, significantly affects its price. High demand typically drives prices up.
• Economic Conditions and Geopolitics: Global economic stability, inflation rates, and geopolitical events in major platinum-producing regions (like South Africa and Russia) can cause price volatility.
• Currency Exchange Rates: As platinum is traded internationally in USD, fluctuations in exchange rates can affect prices for buyers and sellers in other currencies.

For businesses in Baton Rouge, understanding these influences helps in timing sales and negotiating better rates. Maiyam Group closely monitors these market indicators to provide competitive pricing for platinum scrap. We ensure that our clients in the United States benefit from our expertise in navigating these complex market forces. The year 2026 presents unique opportunities and challenges, making informed decisions about platinum scrap sales more critical than ever.

How to Sell Platinum Scrap Effectively in Baton Rouge

Selling platinum scrap effectively requires diligence and partnering with the right professionals. For businesses and individuals in Baton Rouge, Louisiana, and across the United States, a strategic approach can maximize your returns. Here?s a step-by-step guide:

1. Assess Your Scrap Material

Before contacting a buyer, get an estimate of the type and quantity of platinum scrap you possess. If possible, note any hallmarks or stamps indicating purity (e.g., 950 Plat). For industrial scrap, understanding the potential platinum content from process records can be beneficial. This initial assessment helps you engage with buyers from a position of knowledge.

2. Research Reputable Buyers and Refiners

The market for scrap precious metals can be tricky. It’s crucial to work with established, trustworthy companies. Look for refiners that are transparent about their processes, pricing structures, and assaying methods. Certifications and industry affiliations can be good indicators of reliability. Companies like Maiyam Group pride themselves on ethical sourcing and transparent dealings. Ensure any potential buyer operates legally within the United States and follows all relevant environmental and trade regulations.

3. Understand Valuation Methods

Buyers will typically use one of two methods: assaying or spot pricing. Assay is the most accurate method, where the scrap is chemically analyzed to determine its exact precious metal content, and you are paid based on that refined value. Spot pricing involves valuing your scrap based on current market rates, often with deductions for expected refining costs and profit margins. For high-value items or larger quantities, a fire assay by a reputable third-party refiner provides the most accurate and fair valuation.

4. Compare Offers

Don’t accept the first offer you receive. Contact multiple reputable buyers and compare their quotes. Ask for a detailed breakdown of how they arrived at their price, including the purity percentage they used and the market rate. Be wary of offers that seem too good to be true or involve hidden fees. Consider factors beyond just the price per gram, such as turnaround time, payment terms, and customer service.

5. Prepare Your Shipment (If Applicable)

If you are shipping your scrap to a refiner, follow their instructions carefully regarding packaging and shipping to ensure security and compliance with transportation regulations. Insured shipping is highly recommended for valuable materials. Reputable refiners often provide pre-paid shipping labels and detailed tracking information for clients across the United States.

By following these steps, individuals and businesses in Baton Rouge can confidently navigate the process of selling platinum scrap and secure the best possible price per gram in 2026.

Maiyam Group is committed to providing clear, honest, and competitive pricing for all precious metal scrap, including platinum. Our expertise ensures that clients across the United States receive fair valuations and efficient processing.

Benefits of Recycling Platinum Scrap

Recycling platinum scrap offers substantial benefits, extending beyond just financial gains. It’s a practice that aligns with environmental responsibility, resource conservation, and economic efficiency. For businesses in Baton Rouge and across the United States, embracing platinum recycling contributes to a more sustainable industrial landscape.

• Environmental Conservation: Mining new platinum is an energy-intensive and environmentally impactful process. Recycling significantly reduces the need for virgin mining, thereby lowering greenhouse gas emissions, water usage, and habitat disruption. This is a crucial aspect of sustainable business practices in the United States.
• Resource Preservation: Platinum is a finite resource. Recycling ensures that this valuable metal is kept in circulation, reducing depletion of natural reserves for future generations. This circular economy approach is becoming increasingly important globally.
• Economic Value Recovery: As we?ve discussed, platinum scrap holds significant monetary value. Recycling allows individuals and businesses to recover this capital, which can be reinvested or used to offset operational costs. For companies in industrial sectors in Baton Rouge, this can represent a considerable revenue stream.
• Reduced Energy Consumption: Recycling platinum requires considerably less energy compared to mining and refining newly extracted ore. This energy efficiency translates into a lower carbon footprint for the overall lifecycle of platinum products.
• Supply Chain Stability: Domestic recycling efforts can contribute to a more stable and secure supply chain for platinum within the United States, reducing reliance on imports and potential disruptions from international markets.

Maiyam Group supports these recycling initiatives by providing a reliable channel for processing platinum scrap. We understand that responsible resource management is key to a thriving economy and a healthy planet. By choosing to recycle your platinum scrap with us, you are contributing to a more sustainable future while also realizing the financial potential of your materials.

Top Platinum Scrap Buyers and Refiners in the United States (2026)

When it comes to selling platinum scrap, choosing the right buyer or refiner is paramount to ensuring you receive a fair price and a professional experience. For businesses and individuals across the United States, particularly in industrial areas like Baton Rouge, partnering with a reputable entity is essential. Maiyam Group stands out as a premier dealer in strategic minerals and commodities, offering comprehensive solutions for precious metal scrap.

1. Maiyam Group

With a strong focus on ethical sourcing and quality assurance, Maiyam Group offers a reliable and transparent process for platinum scrap. We provide certified quality assurance for all mineral specifications and leverage direct access to DR Congo?s premier mining operations, which informs our understanding of precious metal markets globally. Our expertise ensures streamlined export documentation and logistics management, making us an ideal partner for industrial clients requiring bulk shipping coordination and export certifications. We combine geological expertise with advanced supply chain management to deliver customized mineral solutions, prioritizing sustainable practices. For clients in the United States, we offer competitive pricing based on accurate assays and real-time market intelligence, ensuring you get the best value for your platinum scrap per gram.

2. Local Jewelers and Pawn Shops

Many local jewelers and pawn shops in cities like Baton Rouge accept platinum scrap, particularly jewelry. They often perform quick assessments and can provide immediate payment. However, their pricing might be lower than specialized refiners, as they typically resell the scrap or melt it down themselves, factoring in their own margins. It’s advisable to get quotes from several before committing.

3. Online Precious Metal Buyers

Numerous online platforms specialize in buying precious metal scrap. These companies often provide mail-in services, sending you a shipping kit to return your materials. They generally offer competitive pricing based on current market rates. Research reviews thoroughly to ensure their legitimacy and payment reliability. Some may offer instant quotes based on descriptions, with final prices determined after assaying.

4. Specialized Industrial Refiners

For large industrial clients in Baton Rouge generating significant quantities of platinum scrap (e.g., from catalytic converters or chemical processes), specialized industrial refiners are the best option. These companies are equipped to handle large volumes and complex materials, offering the most accurate assaying and competitive rates for bulk quantities. They often have established relationships with major industrial players and understand the specific needs of these sectors within the United States.

When selecting a buyer in 2026, always prioritize transparency, accuracy in assaying, fair market pricing, and efficient payment processing. Maiyam Group is dedicated to upholding these standards for all our clients, ensuring your platinum scrap is valued and processed ethically and efficiently.

Understanding the Cost and Pricing for Platinum Scrap

The cost and pricing for platinum scrap are not fixed; they are dynamic and influenced by a multitude of factors, as detailed previously. The core of valuation lies in determining the net amount of pure platinum that can be recovered. Here?s a breakdown of how pricing typically works for platinum scrap in the United States, relevant for Baton Rouge businesses in 2026.

Typical Pricing Structure

When you sell platinum scrap, the price you receive per gram is usually based on the current spot price of platinum, minus several deductions. These deductions account for:

• Refining Costs: The expense of processing the scrap to extract pure platinum. This includes labor, energy, chemicals, and specialized equipment.
• Assay Fees: The cost of accurately determining the platinum content. While some refiners include this in their overall fee, others charge separately.
• Melting and Casting: If the scrap is melted into a standard bar or form for resale.
• Market Risk: The buyer absorbs the risk of price fluctuations between receiving the scrap and refining/selling the pure platinum.
• Profit Margin: The buyer’s necessary profit to sustain their business.

Calculating Your Potential Return

To estimate your potential return, you?ll need the current platinum spot price per gram (easily found on financial news sites or commodity tracking platforms). Then, you need an estimate of your scrap’s purity. For example, if pure platinum is trading at $35 per gram, and your scrap is 95% pure, its theoretical raw value is $33.25 per gram ($35 x 0.95). A refiner might offer you, say, 80-90% of this value, depending on the factors mentioned above. So, you might receive approximately $26.60 – $29.93 per gram for your 95% pure platinum scrap.

Getting the Best Value

To maximize your returns on platinum scrap, consider these points:

• Sell Larger Quantities: Many refiners offer better rates for larger volumes of scrap, as it spreads their fixed costs over more material.
• Know Your Material: The more accurately you can determine the purity and composition of your scrap, the better you can negotiate.
• Choose Reputable Refiners: Work with companies known for transparency and accurate assays, like Maiyam Group. This prevents underpayment due to inaccurate valuations.
• Time Your Sale: If possible, sell when platinum prices are high. Monitor market trends to identify favorable selling windows.

For businesses in Baton Rouge and throughout the United States, understanding this pricing mechanism is key to making informed decisions about selling platinum scrap in 2026. Maiyam Group is committed to providing transparent pricing and maximizing the value for our clients.

Common Mistakes to Avoid When Selling Platinum Scrap

Selling platinum scrap might seem straightforward, but several common mistakes can significantly reduce the amount of money you receive. Being aware of these pitfalls can help you avoid them and ensure a profitable transaction, whether you are in Baton Rouge or anywhere in the United States.

1. Not Verifying Purity: This is perhaps the most critical mistake. Selling scrap without knowing its approximate platinum content means you might accept a price based on much lower purity. Always seek buyers who perform accurate assays and provide detailed reports.
2. Accepting the First Offer: Like any commodity, prices can vary between buyers. Not comparing offers from multiple reputable dealers, including specialized refiners, can lead to leaving money on the table.
3. Underestimating Value of Industrial Scrap: Platinum is used in various industrial applications, and scrap from these processes (like spent catalysts or electronic components) can be highly valuable. Not having it properly assayed by an expert can lead to severe undervaluation.
4. Ignoring Refining Costs and Fees: Buyers must cover their operational costs. If these are not clearly communicated, they can significantly eat into your final payout. Always ask for a complete breakdown of all charges.
5. Selling to Unverified Buyers: The scrap metal market can attract unscrupulous individuals. Dealing with unknown or unverified buyers, especially online or through unsolicited offers, can result in fraud or receiving much less than market value. Stick to established companies with good reputations.
6. Not Understanding Market Fluctuations: Selling without being aware of the current platinum spot price means you might not recognize a good offer or a potentially unfavorable one. Keeping an eye on market trends is advised.

By avoiding these common mistakes, individuals and businesses can ensure they get the most accurate valuation and the best possible price per gram for their platinum scrap. Maiyam Group is dedicated to guiding clients through a transparent and profitable selling process.

Frequently Asked Questions About Platinum Scrap Price Per Gram

Conclusion: Navigating Platinum Scrap Value in Baton Rouge, United States (2026)

Understanding the platinum scrap price per gram is essential for anyone looking to leverage the value of this precious metal, especially in the industrial heartland of Baton Rouge, United States. As market dynamics continue to evolve in 2026, informed decision-making, based on accurate purity assessments and transparent pricing from reputable sources, is key. Whether you are dealing with small jewelry remnants or large industrial catalysts, knowing the factors that influence value?from global market prices to refining costs?empowers you to secure the best possible returns. Embracing responsible recycling not only offers financial benefits but also contributes significantly to environmental sustainability and resource conservation within the United States.

Maiyam Group is dedicated to leading the way in ethical mineral trading and refining. We provide expert assays, competitive pricing, and a streamlined process for all types of platinum scrap. Our commitment to quality assurance and leveraging extensive industry knowledge ensures that our clients receive unparalleled service and value. By partnering with us, you gain access to a trusted gateway for converting your platinum scrap into tangible economic returns, contributing to a more circular economy for precious metals.

Key Takeaways:

• The platinum scrap price per gram is influenced by purity, market demand, and global economic factors.
• Accurate assaying is crucial for determining the true value of your platinum scrap.
• Partnering with reputable refiners like Maiyam Group ensures fair pricing and transparent processes.
• Recycling platinum offers significant environmental and economic benefits for businesses in the United States.