High Purity Precious Metals

"The demand for high purity precious metals began with certain industrial applications having uncompromising requirements for quality and performance. As industrial uses proliferated and as the jewelry industry became increasingly sophisticated, the demand for high purity gold has reached the point where 99.99% is now the standard in the marketplace. A similar evolution is expected for other precious metals.In this paper, we examine both the production and use of high purity precious metals, specifically gold, silver, platinum and palladium. After defining what is meant by ""high purity"", we discuss the various analytical techniques used for measuring impurity concentrations. Next, we review process strategies employed by extractive metallurgists to produce high purity precious metals. Lastly, we describe some of the principal applications for high purity materials including thick films, thin films, bonding wire, thermocouples and jewelry manufacture.Precious metals have unique physical properties that, despite their expense (and the ever-continuing search for more economical alternatives), make substitution difficult if not impossible. These physical properties are dramatically affected by small concentrations of certain impurities. As long as manufacturers continue to demand quality and performance, there will be a need for high purity precious metals.IntroductionIn the precious metals industry, the qualifier ""high purity"" describes any specification over and above commodity grade. High purity specifications delineate lower limits on overall metal purity or upper limits on individual impurities or both. Sometimes, if these special requirements become commonplace, either because of improved refining technology or because of market pressures, yesterday's ""high purity"" material becomes tomorrow's commodity. This transition is now occurring with gold bullion and probably will soon occur with platinum and palladium as industrial use of these materials grows."