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Precious Metal Scrap Prices: Weekly Market Report (Nov 28- Dec 4, 2025)

Market Reports  |  2025-12-05 08:13:07

The North American precious metals scrap market saw a significant upswing during the week of November 28- December 4, 2025.

Precious Metal Scrap Prices: Weekly Market Report (Nov 28- Dec 4, 2025)
Summary
  • Gold Scrap Gains: Hallmarked and non-hallmarked gold across key purities (14-, 18-, 22-carat) recorded solid week-over-week increases, with 22-carat gold showing the strongest rise.
  • Silver and Platinum Trends: Hallmarked and non-hallmarked silver and platinum prices rose significantly, supported by strong industrial demand and market optimism.
  • Market Drivers: Overall gains reflect robust secondary market activity, steady buying interest from refiners, and sustained bullish sentiment across non-ferrous precious metals.

SEATTLE (Scrap Monster): The North American precious metals scrap market saw a significant upswing during the week of November 28- December 4, 2025, according to the ScrapMonster Price Index.

  • Hallmarked Gold, Silver and Platinum: Solid week-over-week increases
  • Non-Hallmarked Gold, Silver and Platinum: Robust weekly gains

 

Hallmarked Gold Scrap Prices

Within the hallmarked gold category, major purity grades posted solid gains

  • 14-carat scrap gold jumped by $31.82 per ounce.

  • 18-carat scrap gold increased by $40.78 per ounce.

  • 22-carat scrap gold recorded a sharp gain of $49.81 per pound, ranking among the week’s strongest performers.

Meanwhile, 9-carat scrap gold posted a modest 1.36% weekly rise, adding to the broader market momentum.

The weekly trend chart below shows continued upward traction in 22-carat scrap gold, reflecting firm buying interest.

Hallmarked Silver Scrap Prices

  • Scrap Silver prices surged by $3.74 per ounce to touch $43.97 per ounce

Hallmarked Platinum Scrap Prices

  • Scrap Platinum prices jumped by $30.63, recording a week-over-week rise of 2.62%.

See all Precious Metals Price Reports 

Non-Hallmarked Gold Scrap Prices

Key scrap gold grades saw notable gains.

  • 14-carat non-hallmarked scrap gold edged up by $30.08 per ounce

  • 18-carat scrap gold advanced by $38.56 per ounce

  • 22-carat scrap gold gained $47.10 per ounce

  • 9-carat scrap gold posted a 1.36% week-over-week increase

The steady increases reflect heightened activity in the secondary market and ongoing buying interest from refiners.

Non-Hallmarked Platinum Scrap Prices

Scrap platinum maintained its upward trajectory, ending the week at $1,200.14 per ounce—a 2.62% increase from the opening price of $1,169.51 per ounce—supported by strong industrial demand.

Non-Hallmarked Silver Scrap Prices

Prices for non-hallmarked silver scrap rose 9.23% from the previous week, indicating sustained bullish sentiment.

The accompanying chart depicts the weekly fluctuations, showing a clear upward trajectory through the previous week:

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Frequently Asked Questions


  • What was the overall trend in North American precious metals scrap prices during the week of Nov 28–Dec 4, 2025?
  • Prices saw a significant upswing, with both hallmarked and non-hallmarked gold, silver, and platinum posting solid week-over-week gains.

  • Did non-hallmarked platinum and silver show similar trends?
  • Yes. Non-hallmarked platinum ended at $1,200.14/oz, up 2.62%, and non-hallmarked silver rose 9.23% from the previous week.

  • What factors contributed to these gains?
  • Strong secondary market activity, steady buying interest from refiners, and industrial demand underpinned the upward trend in precious metals scrap prices.

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