Precious Metal Scrap Prices: Weekly Market Report (November 21-27, 2025)
Market Reports | 2025-11-28 10:11:06
The prices of 18-carat and 22-carat gold scrap also recorded notable increases by $35.46 per Oz and $43.31 per Lb respectively.
By Paul Ploumis
SEATTLE (Scrap Monster): The North American precious metals scrap market experienced a notable upward trend during the week of November 21–27, 2025, according to the ScrapMonster Price Index..
Across both hallmarked and non-hallmarked categories, scrap prices for gold, silver, and platinum witnessed solid week-over-week gains, reflecting improved investor sentiment and resilient industrial demand.
Gold Scrap Prices See Broad-Based Gains
In the hallmarked gold segment, key purity levels registered strong increases:
14-carat scrap gold surged by $27.66 per ounce
18-carat scrap gold climbed by $35.46 per ounce
22-carat scrap gold advanced significantly by $43.31 per pound, marking one of the strongest weekly performances
Meanwhile, 9-carat gold scrap posted a moderate 1.20% week-on-week rise, contributing to the overall market upswing.
The weekly price trend chart indicates sustained upward momentum in 22-carat scrap gold, signaling strong buying interest:
Silver and Platinum Scrap Prices Also Climb
Scrap Platinum prices jumped by $13.13 per ounce, reaching $1,139.62 per ounce
Scrap Silver recorded a steady gain of 3.21% over the week, driven by robust fabrication demand and tighter secondary supply
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Non-Hallmarked Gold Scrap Prices Move Higher
Scrap gold rates strengthened across key purity grades:
14-carat non-hallmarked scrap gold edged up by $26.16 per ounce
18-carat scrap gold advanced by $33.53 per ounce
22-carat scrap gold gained $40.96 per ounce
9-carat scrap gold posted a 1.20% week-over-week increase
These consistent price improvements reflect stronger secondary market activity and steady buying interest from refiners.
Platinum Scrap Extends Gains
Scrap platinum continued its upward trend, closing the week at $1,139.62 per ounce, up 1.17% from the opening price of $1,126.49 per ounce. Elevated demand from industrial sectors is believed to be supporting price growth.
Silver Scrap Prices Register Noticeable Jump
Non-hallmarked silver scrap prices also strengthened, rising 3.24% from the previous week, signaling continued positive market sentiment.
The chart below illustrates the weekly fluctuations in non-hallmarked silver scrap pricing, showcasing the rising trend through the review period:
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Frequently Asked Questions
- Did North American precious metal scrap prices rise during the week of November 21–27, 2025?
Yes. Scrap prices for gold, silver, and platinum increased across both hallmarked and non-hallmarked categories, reflecting a strong weekly performance.
- Which gold scrap purity categories saw the biggest gains during the past week?
The strongest increases were recorded in 22-carat, 18-carat, and 14-carat gold scrap, while 9-carat gold also posted a modest uptick.
- How did platinum scrap prices perform during the week ending November 27, 2025?
Platinum scrap climbed to $1,139.62 per ounce, marking a 1.17% increase week-over-week, supported by steady industrial demand.
