Precious Metal Scrap Prices: Weekly Market Report (January 9-15, 2026)
Weekly Metal Price Report | 2026-01-16 10:32:13
Scrap gold of 14-carat purity posted a weekly increase of $100.01 per ounce, reflecting a gradual improvement in market buying activity.
By Paul Ploumis
SEATTLE (Scrap Monster): The North American scrap gold, silver and platinum prices - hallmarked and non- hallmarked witnessed jump during the period from January 9-15, 2026 on the ScrapMonster Price Index.
Hallmarked Precious Metals Market
Hallmarked scrap gold prices recorded a mild upward movement over the week, with several purity grades advancing on the ScrapMonster Price Index amid stable demand across key scrap streams.
Scrap gold of 14-carat purity posted a weekly increase of $100.01 per ounce, reflecting a gradual improvement in market buying activity. Prices for 18-carat scrap gold strengthened further, climbing by $128.21 per ounce during the period. The most pronounced rise was seen in 22-carat scrap gold, which surged by $156.59 per pound, according to the latest weekly price trend data. The weekly price chart for 22-carat scrap gold is provided below:
Lower-purity 9-carat scrap gold also registered a positive movement, edging up by approximately four percent week on week.
Among precious metals, silver scrap outperformed the broader market, recording a sharp rally of 21.13 percent to finish the week at $68.63 per ounce. Platinum scrap prices followed a similar upward path, advancing 8.12 percent to close at $1,747.71 per ounce.
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Non-Hallmarked Precious Metals Market
14-carat gold scrap prices rose by $94.56 per ounce during the week. 18-carat and 22-carat gold scrap also recorded modest gains, increasing by $121.24 and $148.07 per ounce, respectively. 9-carat gold scrap posted a week-on-week increase of 4 percent.
The platinum scrap market delivered a strong performance over the reporting period. Platinum scrap prices surged by 8.12% to close the week at $1,747.71 per ounce, compared with an opening price of $1,616.47 per ounce, as shown in the chart provided below.
Silver scrap prices also strengthened, edging up by 21.12 percent from the previous week, reflecting strong improvement in buying sentiment across the precious metals scrap market.
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Frequently Asked Questions
- What was the overall trend in North American precious metals scrap prices during January 9–15, 2026?
Scrap gold, silver, and platinum prices recorded strong upward movement across both hallmarked and non-hallmarked categories on the ScrapMonster Price Index.
- Which gold scrap purity grade posted the highest weekly gain?
22-carat scrap gold registered the largest increase, reflecting robust demand for higher-purity gold scrap.
- How did silver scrap prices perform during the week?
Silver scrap prices surged by more than 21 percent, making it the top-performing precious metal in the scrap market.
