North American Gold, Silver and Platinum Scrap Prices Rise Sharply for Week of August 7–13
Precious metal scrap values climbed across hallmarked and non-hallmarked categories in North America, with silver leading the weekly gains on the ScrapMonster Price Index.
What Readers Should Know
- Gold, silver, and platinum scrap prices all rose in North America between August 7 and 13, 2026.
- Hallmarked 18-carat gold scrap gained $114.93 per ounce; 22-carat gained $140.37 per pound.
- Non-hallmarked 18-carat gold scrap gained $108.67 per ounce; 22-carat gained $132.73 per ounce.
- Silver scrap rose 7.31% in the hallmarked segment and 7.32% in the non-hallmarked segment.
- Platinum scrap advanced 2.76% across both categories.
- Gains were tied to firm demand and steady buying activity from recycling channels.
MONTREAL (Scrap Monster): North American precious metal scrap prices climbed significantly between August 7 and 13, 2026, as gold, silver, and platinum scrap values increased across both hallmarked and non-hallmarked categories on the ScrapMonster Price Index.
Why Prices Moved: Hallmarked Precious Metals Market
Hallmarked gold scrap prices recorded solid weekly increases, supported by firm demand and favorable market conditions across multiple purity grades. Steady purchasing activity from major recycling channels provided additional support, helping gold scrap values maintain their upward momentum throughout the week, as reflected in the ScrapMonster Price Index.
Fourteen-carat scrap gold posted a strong weekly gain of $89.65 per ounce, reflecting firmer demand and improved sentiment in the market. Eighteen-carat scrap gold recorded an even larger increase of $114.93 per ounce, supported by steady trading interest throughout the period.
The 22-carat hallmarked segment also moved higher, gaining $140.37 per pound as buyers showed stronger interest in higher-purity scrap. The accompanying chart highlights the weekly price trend for 22-carat hallmarked gold.
Lower-purity gold grades also benefited from the positive market environment. Nine-carat scrap gold rose by around 3.72% week on week, extending the gains across the hallmarked category.
The broader precious metals scrap market strengthened as well. Silver scrap prices jumped 7.31% from a starting level of $46.51 per ounce, while platinum advanced 2.76% over the week. The gains across gold, silver, and platinum point to a broadly firmer tone in North American precious metal recycling markets.
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What the Data Showed: Non-Hallmarked Precious Metals Market
Gold scrap prices moved higher across the main purity categories during the week, supported by steady buying interest and favorable market conditions. Fourteen-carat scrap recorded a weekly increase of $84.77 per ounce, while 18-carat and 22-carat grades gained $108.67 and $132.73 per ounce, respectively. The 9-carat segment also maintained the upward trend, posting a 3.72% week-on-week rise.
Silver scrap prices saw an even stronger advance, climbing 7.32% over the week. The metal added $3.27 per ounce from the previous week's opening price of $44.65 per ounce, as shown in the accompanying chart.
What Happens Next
Platinum scrap prices also strengthened, registering a 2.76% weekly increase. The broad-based gains across gold, silver, and platinum indicate firmer sentiment, stronger procurement activity, and improving confidence in the precious metals recycling market.
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People Also Ask
How much did hallmarked 18-carat gold scrap gain this week?
Hallmarked 18-carat scrap gold rose $114.93 per ounce during the August 7–13, 2026 period.
How much did silver scrap prices rise this week?
Silver scrap prices rose 7.31% in the hallmarked segment and 7.32% in the non-hallmarked segment.
Did platinum scrap prices increase or decrease?
Platinum scrap prices increased 2.76% during the week across both hallmarked and non-hallmarked categories.
What was the weekly gain for non-hallmarked 22-carat gold scrap?
Non-hallmarked 22-carat gold scrap gained $132.73 per ounce during the week.
Did lower-purity 9-carat gold scrap also rise?
Yes, 9-carat scrap gold rose approximately 3.72% week on week in both the hallmarked and non-hallmarked categories.