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Precious Metals News

Waste & RecyclingMetals & SteelPrecious MetalsMining
Steel Scrap Prices: Weekly Market Report – November 29, 2024

Steel Scrap Prices: Weekly Market Report – November 29, 2024

Meantime, LME Steel Scrap CFR India (Platts) Month 2 prices as on November 28, 2024 closed at $392.00 per tonne.
Copper Scrap Prices: Weekly Market Report- November 29, 2024

Copper Scrap Prices: Weekly Market Report- November 29, 2024

The LME Copper Cash Settlement contract inched lower marginally from $8,977.50 a day before to $8,850.50 per tonne.
Aluminum Scrap Prices: Weekly Market Report- November 29, 2024

Aluminum Scrap Prices: Weekly Market Report- November 29, 2024

The LME Aluminum Cash Settlement contract inched lower from $2,577.00 a day before to $2,564.00 per tonne.
World's Largest Gold Deposit Found, Worth Over US$80 Billion

World's Largest Gold Deposit Found, Worth Over US$80 Billion

Announcements of the findings have contributed to a further increase in the already skyrocketing gold price as demands for the resource continue to rise amid global uncertainty.
Copper Scrap Prices: Weekly Market Report- November 22, 2024

Copper Scrap Prices: Weekly Market Report- November 22, 2024

The closing price of LME Copper 3-Month contract stood at USD 9,064.00 per tonne as of November 21, 2024.
Gold's Physical Demand See Revival As Gold Prices Tumble

Gold's Physical Demand See Revival As Gold Prices Tumble

The physical demand for the yellow metal has witnessed strong rebound in key markets, including China and India.
Gold Gains on Softer Dollar; Focus on US Inflation Data

Gold Gains on Softer Dollar; Focus on US Inflation Data

The dollar index was down 0.3%, boosting gold's appeal for holders of other currencies.
WPIC: Global Platinum Market to Witness Third Consecutive Year of Deficit in 2025

WPIC: Global Platinum Market to Witness Third Consecutive Year of Deficit in 2025

At the same time, the total supply is forecast to witness marginal rise by 1% to 7,324 koz, WPIC report said.
Smuggled Gold Entering Turkey Nears 50 Tons in One Year, Industry Says

Smuggled Gold Entering Turkey Nears 50 Tons in One Year, Industry Says

Industry representatives argue that this price gap has accelerated the flow of smuggled gold into the country.
Gold price consolidates heavy intraday losses; defends 100-period SMA on H4

Gold price consolidates heavy intraday losses; defends 100-period SMA on H4

Moreover, expectations that US President-elect Donald Trump's proposed policies could reignite inflation and limit the scope for the Federal Reserve (Fed) to cut interest rates act as a tailwind for the US Dollar (USD).
WGC: Gold is a Critical Component in the Manufacturing of AI-Enabled Devices

WGC: Gold is a Critical Component in the Manufacturing of AI-Enabled Devices

AI devices have emerged as a cornerstone of modern technology.
Steel Scrap Prices: Weekly Market Report – November 22, 2024

Steel Scrap Prices: Weekly Market Report – November 22, 2024

Meantime, LME Steel Scrap CFR India (Platts) Month 2 prices as on November 21, 2024 closed at $397.00 per tonne.
Aluminum Scrap Prices: Weekly Market Report- November 22, 2024

Aluminum Scrap Prices: Weekly Market Report- November 22, 2024

The LME Aluminum Cash Settlement contract inched lower from $2,654.50 a day before to $2,591.00 per tonne.
Gold Marches Towards Best Week in a Year Amid Escalating Russia-Ukraine Conflict

Gold Marches Towards Best Week in a Year Amid Escalating Russia-Ukraine Conflict

U.S. gold futures gained 0.6% to $2,691.00.
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Scrap Metal Prices

Scrap Gold (Hallmarked)
14ct Gold Scrap1499.11$US/Oz
18ct Gold Scrap1921.94$US/Oz
22ct Gold Scrap2347.33$US/Oz
9ct Gold Scrap960.97$US/Oz
Scrap Gold (Non-Hallmarked)
14ct Gold Scrap1417.98$US/Oz
18ct Gold Scrap1817.92$US/Oz
22ct Gold Scrap2220.29$US/Oz
9ct Gold Scrap908.96$US/Oz

November 28, 2024: Scrap Gold Prices Up, Platinum and Silver Dropped on the Index

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