Precious Metal Scrap Prices: Weekly Market Report (June 12-18, 2026)
Weekly Metal Price Report | 2026-06-19 07:59:41
Fourteen-carat scrap gold registered a notable increase of $150.73 per ounce, reflecting improving consumption trends and renewed market confidence.
By Paul Ploumis
SEATTLE (Scrap Monster): North American precious metal scrap prices, including gold, silver, and platinum in both hallmarked and non-hallmarked forms, posted strong gains on the ScrapMonster Price Index during the June 12-18, 2026 period.
Hallmarked Precious Metals Market
Hallmarked scrap gold prices posted a robust weekly upswing, as firm demand and positive market dynamics lifted valuations across a wide range of purity levels, according to the ScrapMonster Price Index. Strong buying interest from key recycling channels provided consistent upward momentum throughout the week.
Fourteen-carat scrap gold registered a notable increase of $150.73 per ounce, reflecting improving consumption trends and renewed market confidence. Eighteen-carat grades outperformed, rising by $193.24 per ounce over the same period, supported by sustained trading activity.
A sharp price appreciation was recorded in 22-carat scrap gold, which soared by $236.01 per pound, highlighting heightened preference for higher-purity material among buyers. Weekly price movements for 22-carat hallmarked gold are illustrated in the accompanying chart.
Lower-purity material also benefitted from the broader bullish sentiment, with 9-carat scrap gold advancing approximately 6.55 percent on a week-on-week basis.
Across the wider precious metals scrap complex, silver prices surged, climbing 9.43 percent to close at $52.59 per ounce. Platinum followed suit, recording a solid 7.19 percent weekly gain, reinforcing the overall strength seen across the precious metals recycling market.
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Non-Hallmarked Precious Metals Market
Gold scrap prices strengthened across major purity brackets during the week, driven by sustained buying activity and supportive market fundamentals. Fourteen-carat material posted a robust gain of $142.53 per ounce, while 18-carat and 22-carat grades recorded steady advances of $182.73 and $223.17 per ounce, respectively. Even lower-grade 9-carat scrap mirrored the positive momentum, rising 6.55 percent on a week-on-week basis.
Silver scrap emerged as a standout performer, delivering a sharp upswing over the period. Prices surged 9.53 percent during the week, rising by $4.35 per ounce from the previous week’s opening level of $46.14 per ounce, as highlighted in the accompanying chart.
Platinum scrap prices also climbed significantly, registering a strong weekly increase of 7.19 percent. The rally underscores improving market confidence and renewed procurement interest across the broader precious metals scrap landscape.
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POLL
Which precious metal scrap recorded the strongest percentage gain during June 12-18, 2026?
Frequently Asked Questions
- What drove the rise in North American precious metal scrap prices?
Strong buying interest, supportive market fundamentals, and positive sentiment across recycling channels boosted gold, silver, and platinum scrap prices.
- Which precious metal recorded the strongest weekly gain?
Silver scrap led the market, rising 9.43% in the hallmarked segment and 9.53% in the non-hallmarked segment.
- How did platinum scrap perform during the week?
Platinum scrap prices gained 7.19% in both hallmarked and non-hallmarked markets.
