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.

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.
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.

Scrap Silver prices surged by $3.74 per ounce to touch $43.97 per ounce
Scrap Platinum prices jumped by $30.63, recording a week-over-week rise of 2.62%.
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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.
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.
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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Prices saw a significant upswing, with both hallmarked and non-hallmarked gold, silver, and platinum posting solid week-over-week gains.
Yes. Non-hallmarked platinum ended at $1,200.14/oz, up 2.62%, and non-hallmarked silver rose 9.23% from the previous week.
Strong secondary market activity, steady buying interest from refiners, and industrial demand underpinned the upward trend in precious metals scrap prices.