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Precious Metal Scrap Prices: Weekly Market Report (October 3-9, 2025)

Scrap Prices  |  2025-10-10 05:17:03

Silver scrap prices saw a jump of 3.42% over the week.

Precious Metal Scrap Prices: Weekly Market Report (October 3-9, 2025)
Summary
  • North American precious metal scrap prices surged during October 3–9, 2025, with strong gains in both hallmarked and non-hallmarked gold categories.
  • Gold scrap led the rally, with 14K, 18K, and 22K hallmarked prices rising sharply, supported by robust investor and jewelry recycling demand.
  • Platinum and silver scrap also climbed, up 3–4% week-on-week, reflecting overall strength in the precious metals market.

SEATTLE (Scrap Monster): The North American scrap gold, silver and platinum prices - hallmarked and non- hallmarked soared during the previous week (October 3 to 9, 2025) on the ScrapMonster Price Index.

In the Hallmarked category, the 14-carat gold scrap prices continued to rise further, edginmh higher significantly by $ 91.42 per Oz during the week.

The prices of 18-carat and 22-carat gold scrap also recorded notable jumps by $ 117.21 per Oz and $ 143.16 per Lb respectively. The chart below provides an illustration of the price movement in 18-carat gold scrap over the previous week:

 

9-carat gold scrap prices increased by $ 4.18% week-on-week. The price of Platinum scrap witnessed a modest jump of $ 53.23 per Oz to reach $ 1,212.53 per Oz. Silver scrap prices saw a jump of 3.42% over the week.

ALSO READ: Precious Metal Scrap Prices: Weekly Market Report-Sept 26, 2025

In the Non-Hallmarked category, the 14-carat gold scrap prices edged higher by $ 86.45 per Oz. The prices of 18 carat and 22 carat gold scrap also went up by $ 110.83 and $ 135.36 per Oz respectively.9 carat gold scrap also increased by $ 55.42 per Oz.

The price of Platinum scrap closed the week at $1212.53, recording an increase of $53.23 per Oz from the opening price of $1,159.30 per Oz. The weekly price movement in platinum scrap prices is displayed in the following chart:

 

Also, Silver scrap prices inched higher by 3.38% from the prior week.

 

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Frequently Asked Questions


  • How did North American scrap precious metal prices perform during October 3–9, 2025?
  • Prices for gold, silver, and platinum scrap soared across both hallmarked and non-hallmarked categories, reflecting strong demand and bullish market sentiment.
  • Which metal led the gains during the week?
  • Gold scrap led the rally, with 14K, 18K, and 22K hallmarked prices rising sharply by up to $143 per Oz, driven by increased investor interest and recycling activity.
  • What does the overall trend suggest for precious metal recyclers?
  • The uptrend points to continued strength in secondary precious metals, with recyclers likely to benefit from firm global bullion prices and tightening supply.

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