Precious metals are widely used as catalysts in industry. It is of critical importance to keep the precious metal ions leached from catalysts at a level below one part per million (ppm) in the final products and to recycle the expensive precious metals. Here we demonstrate a simple and effective method for scavenging precious metal ions from an aqueous solution and thereby reduce their concentrations down to the parts per billion (ppb) level. The key component is a filtration membrane comprised of titania (TiO2) nanofibers whose surface has been functionalized with a silane bearing amino or thiol group. When operated under continuous flow at a rate of 1mLmin(-1) and at room temperature, up to 99.95% of the Pd2+ ions could be removed from a stock solution with an initial concentration of 100ppm. This work offers a viable strategy not only for the removal of precious metal ions but also for recovering and further recycling them for use as catalysts. For example, the captured Pd2+ ions could be converted to nanoparticles and used as catalysts for organic reactions such as Suzuki coupling in a continuous flow reactor. This system can be potentially applied to pharmaceutical industry and waste stream treatment.