Precious Metal Scrap Prices: Weekly Market Report (April 2-9, 2026)
Weekly Metal Price Report | 2026-04-10 12:53:23
On a week-over-week basis, 22-carat scrap gold prices jumped by $47.33 per pound, driven by a mix of global and domestic factors.
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 2-9, 2026.
Hallmarked Precious Metals Market
Hallmarked scrap gold prices recorded a slight week-on-week jump.
Hallmarked scrap gold prices rise mainly in response to increases in global gold rates, as scrap values closely track international bullion trends. Strong safe-haven demand during economic or geopolitical uncertainty further supports price gains. Limited availability of scrap, as sellers hold back expecting higher returns, also tightens supply and pushes prices up. Additionally, hallmarked gold commands a premium due to assured purity.
The above market trends were clearly reflected on the ScrapMonster Price Index, which witnessed broad-based gains across multiple purity grades during the previous week.
Fourteen-carat scrap gold values edged higher by $30.23 per ounce, tracking the broader upward momentum in global bullion markets. Similarly, eighteen-carat scrap gold prices increased by $38.75 per ounce over the same period.
On a week-over-week basis, 22-carat scrap gold prices jumped by $47.33 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 categories followed the broader upward trend, with 9-carat scrap gold registering an approximate 1.13% increase from the previous week.
Across the broader precious metals scrap segment, silver recorded a solid 2.59% gain to settle at $57.86 per ounce. Platinum also advanced sharply, posting a 6.17% week-on-week increase on the Index, indicating ongoing recovery in the recycled precious metals market.
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Non-Hallmarked Precious Metals Market
Scrap gold prices advanced across major purity segments over the past week, in line with gains seen in the wider bullion market. Values for 14-carat scrap recorded a sharp increase of $28.59 per ounce, while 18-carat and 22-carat grades rose by $36.65 and $44.76 per ounce, respectively. In addition, 9-carat scrap registered a moderate week-on-week gain of 1.13%, reflecting a broadly positive pricing trend across all categories.
Platinum scrap prices recorded a notable weekly increase, climbing 6.17% to settle at $1,517.30 per ounce, according to the chart below.
Silver scrap prices posted a moderate week-on-week increase of 2.59%, supported by strength in underlying silver prices, steady industrial demand, and constrained scrap supply.
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What was the key trend in North America’s precious metals scrap market during April 2–9, 2026?
Frequently Asked Questions
- What was the overall trend in North American precious metals scrap prices during April 2–9, 2026?
Prices recorded a modest uptrend, with gains across gold, silver, and platinum categories.
- What drove the increase in scrap gold prices?
Rising global gold rates, safe-haven demand, tight scrap supply, and purity premiums for hallmarked gold supported the gains.
- How did platinum and silver perform during the week?
Platinum prices surged by 6.17%, while silver recorded a 2.59% increase.
