I have a client who we set up to do exactly what Nick says on a large scale.
He brings in a lot of silver scrap which he uses to inquart all of his karat scrap from the jewelry industry. Ironically he never refines gold to purity above about 999 and uses this technique to catch all of the PM's that are in low enough concentration that his refiner never pays on them.
He happily produces pure Silver and his slimes teach him exactly how those small quantities of PM's that the majors don't pay on add up
gold ira investing.
His gold is shipped to a refiner who pays him at an excellent rate because the gold goes directly into the electrolytic feed saving the refiner a step.