Precious Metal Scrap Prices: Weekly Market Report (April 10-16, 2026)
Weekly Metal Price Report | 2026-04-17 09:21:10
Meanwhile, 9-carat scrap also posted a modest week-on-week rise of 1.27%, underscoring a generally firm trend across segments.
By Paul Ploumis
SEATTLE (Scrap Monster): North American precious metals scrap prices—covering gold, silver, and platinum in both hallmarked and non-hallmarked categories—registered modest uptrend on the ScrapMonster Price Index during the week of April 10-16, 2026.
Hallmarked Precious Metals Market
Hallmarked scrap gold prices recorded a slight week-on-week jump.
International hallmarked scrap gold prices rose during the previous week, largely tracking gains in global gold benchmarks driven by heightened geopolitical tensions and persistent inflation concerns, which boosted safe-haven demand. A softer U.S. dollar and expectations of accommodative monetary policy further supported prices. In addition, constrained scrap supply—amid seller holdback in anticipation of higher prices—added upward pressure.
These market trends were clearly mirrored in the ScrapMonster Price Index, which recorded widespread gains across multiple purity grades during the previous week.
Fourteen-carat scrap gold values edged higher by $34.24 per ounce, tracking the broader upward momentum in global bullion markets. Similarly, eighteen-carat scrap gold prices increased by $43.89 per ounce over the same period.
On a week-over-week basis, 22-carat scrap gold prices jumped by $53.61 per pound, driven by a mix of global and domestic factors.
The chart below highlights the weekly price movement of 22-carat hallmarked gold.
Lower-purity segments also mirrored the overall upward trend, with 9-carat scrap gold increasing by approximately 1.27% compared to the previous week.
In the broader precious metals scrap market, silver recorded a robust 6.09% gain to reach $59.20 per ounce, while platinum advanced by 3.43% week-on-week, indicating sustained recovery momentum.
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Non-Hallmarked Precious Metals Market
Scrap gold values strengthened across all major purity grades over the week, mirroring the upward momentum in the global bullion market. Fourteen-carat scrap prices increased by $32.38 per ounce, while eighteen-carat and twenty-two-carat grades recorded gains of $41.51 and $50.70 per ounce, respectively. Meanwhile, 9-carat scrap also posted a modest week-on-week rise of 1.27%, underscoring a generally firm trend across segments.
Platinum scrap prices recorded a moderate weekly increase, climbing 3.43% to settle at a price of $1,537.70 per ounce, according to the chart below.
Silver scrap prices posted a notable week-on-week increase of 6.07%, supported by higher global silver prices, strong industrial and investment demand, and a weaker U.S. dollar supporting precious metals..
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POLL
Which factor played the biggest role in driving precious metals scrap prices higher last week?
Frequently Asked Questions
- What was the overall trend in North American precious metals scrap prices?
Prices showed a modest upward trend across gold, silver, and platinum segments.
- What factors supported the rise in scrap gold prices?
Key drivers included geopolitical tensions, inflation concerns, a weaker U.S. dollar, and limited scrap supply.
- Which precious metal recorded the highest weekly gain?
Silver led gains, rising by over 6% during the week.
