Precious Metal Scrap Prices: Weekly Market Report (July 10- 16, 2026)
Weekly Metal Price Report | 2026-07-17 09:49:31 | By Paul Ploumis
In contrast, platinum scrap prices—across both hallmarked and non-hallmarked categories—edged higher compared to the previous week.
SEATTLE (Scrap Monster): North American gold and silver scrap prices, covering both hallmarked and non-hallmarked segments, registered slight declines on the ScrapMonster Price Index during the week of July 10-16, 2026.
In contrast, platinum scrap prices—across both hallmarked and non-hallmarked categories—edged higher 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 $38.36 per ounce over the week, primarily due to weakness in global gold prices and rising expectations of higher U.S. interest rates. Similarly, 18-carat scrap gold prices trended lower, posting a weekly drop of $49.18 per ounce.
A modest decline was recorded in 22-carat scrap gold prices, which dropped by $60.06 per ounce, primarily due to weaker international gold spot prices, easing safe-haven demand amid improving market sentiment, subdued demand from recycling channels, and cautious buying activity in the physical gold market.
Additionally, 9-carat scrap gold followed the broader market downtrend, registering a week-on-week decline of $24.59 per ounce, reflecting the weakness in underlying gold prices and subdued demand across the scrap market.
Across the broader precious metals segment, silver scrap prices also moved lower, declining by $0.65 per ounce week-on-week to close at $43.66 per ounce, compared with $44.31 per ounce in the previous week. The chart below illustrates the weekly price movement in hallmarked silver.
Platinum scrap prices posted a modest weekly gain, rising by $19.87 per ounce (↑0.72%) to close the week at a higher level than the previous week's closing price. The increase was primarily supported by firmer platinum spot prices and ongoing concerns over tight global supply.
See all Precious Metals Price Reports
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 $36.27 per ounce, while 18-carat and 22-carat grades posted moderate declines of $46.51 and $56.79 per ounce, respectively.
Lower-purity 9-carat scrap gold also mirrored the broader downtrend, registering a week-on-week decline of $23.25 per ounce, as illustrated in the accompanying chart.
Platinum scrap prices posted a solid performance on the ScrapMonster Price Index during the week, climbing $19.87 per ounce (↑1.68%) from the previous week's closing level of $1,180.34 per ounce.
Silver scrap prices remained under pressure during the week, declining by $0.64 per ounce (↓1.50%) from the previous week's closing level. The decline during the past week was mainly due to weaker international silver spot prices, a stronger U.S. dollar that weighed on precious metals, and subdued industrial and physical market demand, which together pressured scrap silver valuations.
Access our Daily Scrap Metal Price Report Hub
Subscribe to Scrap Monster Live Scrap Prices
- Scrap Metal Prices: Weekly Market Report- July 10-16, 2026
- North American Scrap Market Sees Mixed Price Action on the Index Across Major Metals- July 16, 2026
- Chinese Scrap Metal Prices Mixed as Aluminum, Stainless Steel Gain on the Index – July 16, 2026
- North American Scrap Market Mixed as Copper Gains, Steel Slips on the Index- July 15, 2026