Precious Metal Scrap Prices: Weekly Market Report (April 24-30, 2026)
Additionally, silver prices—across both hallmarked and non-hallmarked categories—edged lower compared to the previous week.
SEATTLE (Scrap Monster): North American gold and platinum scrap prices, covering both hallmarked and non-hallmarked segments, registered slight declines on the ScrapMonster Price Index during the week of April 24–30, 2026.
Additionally, silver prices—across both hallmarked and non-hallmarked categories—edged lower compared to the previous week.
Hallmarked Precious Metals Market
Hallmarked gold scrap prices showed a subdued weekly trend, with several purity grades registering modest declines on the ScrapMonster Price Index amid softer demand from key recycling channels.
Fourteen-carat scrap gold prices fell by $111.24 per ounce over the week, primarily due to heightened profit-booking activity and a decline in global gold spot prices. Similarly, 18-carat scrap gold prices trended lower, posting a weekly drop of $142.61 per ounce during the period.
A modest decline was observed in 22-carat scrap gold, which fell by $174.18 per ounce, mainly due to weaker international gold spot prices, increased profit-booking by investors, soft demand from recycling channels, and cautious buying sentiment in the physical market.
Additionally, lower-grade 9-carat scrap gold mirrored the overall downtrend, posting a week-on-week decline of $71.31 per ounce.
In the wider precious metals segment, silver scrap prices registered a modest decline, falling by $1.34 per ounce from the previous week’s closing level of $56.16 per ounce. The chart below illustrates the weekly price trend in hallmarked silver.
Platinum scrap recorded a modest decline of $91.87 per Oz (↓6.21%) to close the week at a lower rate upon comparison with the previous week, due to weaker global platinum spot prices and subdued industrial demand, particularly from the automotive sector.
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Non-Hallmarked Precious Metals Market
Gold scrap prices across key purity segments moved lower over the week, reflecting evolving market conditions. Fourteen-carat scrap gold dropped by $105.19 per ounce, while 18-carat and 22-carat grades posted moderate declines of $134.85 and $164.71 per ounce, respectively.
Lower-purity 9-carat scrap gold also mirrored the broader downtrend, registering a week-on-week decline of $67.43 per ounce, as illustrated in the accompanying chart.
Platinum scrap prices delivered a generally weak performance on the ScrapMonster Price Index over the period. The values of the commodity witnessed a dip of $91.87 per ounce (↓6.21%) from the prior week’s level of $1,479.39 per ounce.
Silver scrap prices followed a downward trend, falling by $1.29 per ounce (↓2.39%) compared with the previous week. The dip in prices was mainly due to softer global silver spot prices, reduced industrial demand, and increased scrap supply from recycling activity.
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