18th May, 2016: Scrap gold moves higher, Platinum and Silver prices drop

SPOKANE (Scrap Monster): The daily scrap gold prices - hallmarked and non- hallmarked edged higher marginally on Wednesday, 18^th May on the ScrapMonster Price Index. However, the prices of Platinum and Silver scrap fell over the day.

In the Hallmarked category, the 14 carat gold scrap prices went higher by $ 0.46 per Oz. The prices of 18 carat and 22 carat gold scrap also went higher by $ 0.59 per Oz and $ 0.72 per Oz respectively. 9 carat gold scrap prices increased marginally by $ 0.30 per Oz. The price of Platinum scrap witnessed decline of $ 11.67 per Oz to reach $ 759.74 per Oz. Silver scrap prices too were down by $ 0.03 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices went higher by $ 0.43 per Oz. The prices of 18 carat and 22 carat gold scrap too went up by $ 0.55 and $ 0.67 per Oz respectively.9 carat gold scrap also increased by $ 0.27 per Oz. The price of Platinum scrap witnessed modest decline of $ 11.67 per Oz to reach $ 759.74 per Oz. Silver scrap prices edged lower by $0.03 per Oz over the previous day.

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