Precious Metal Scrap Prices: Weekly Market Report (June 19-25, 2026)
Weekly Metal Price Report | 2026-06-26 09:05:14
Platinum scrap recorded a modest decline of $91.86 per Oz (↓7.35%) to close the week at a lower rate upon comparison with the previous week, due to weaker global platinum spot prices and subdued industrial demand, particularly from the automotive sector.
By Paul Ploumis
SEATTLE (Scrap Monster): During the week ended June 25, 2026, prices for North American precious metal scrap moved lower across the board on the ScrapMonster Price Index. Both hallmarked and non-hallmarked gold and platinum scrap categories posted moderate week-on-week declines, while silver scrap prices also slipped from the previous week's levels in both market segments.
Hallmarked Precious Metals Market
Hallmarked gold scrap prices showed a subdued weekly trend, with several purity grades registering modest declines on the ScrapMonster Price Index amid softer demand from key recycling channels.
Hallmarked gold scrap prices weakened across all major purity grades during the week, reflecting softer global bullion markets and increased selling by investors.
Among the key categories, 14-carat scrap gold declined by $119.51 per ounce, while 18-carat scrap gold dropped by $153.22 per ounce from the previous week's level. 22-carat scrap gold recorded the steepest decline, losing $187.13 per ounce, as weaker international gold prices, heightened profit-taking, subdued recycling demand, and cautious physical buying weighed on the market. Meanwhile, 9-carat scrap gold also followed the broader downward trend, falling $76.61 per ounce over the week.
Elsewhere in the precious metals market, hallmarked silver scrap extended its losses, slipping $5.39 per ounce week on week to close at $45.65 per ounce, down from the previous week's $51.04 per ounce.
The chart below illustrates the weekly price trend in hallmarked silver.
Platinum scrap recorded a modest decline of $91.86 per Oz (↓7.35%) to close the week at a lower rate upon comparison with the previous week, due to weaker global platinum spot prices and subdued industrial demand, particularly from the automotive sector.
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Non-Hallmarked Precious Metals Market
Non-hallmarked gold scrap prices ended the week on a weaker note, with all major purity grades posting declines on the ScrapMonster Price Index.
14-carat scrap gold fell by $113.01 per ounce over the reporting period. 18-carat and 22-carat scrap gold also moved lower, registering week-on-week declines of $144.88 per ounce and $176.95 per ounce, respectively. Meanwhile, 9-carat scrap gold tracked the broader market weakness, shedding $72.44 per ounce compared with the previous week's closing level.
The chart below depicts the weekly price movement in non-hallmarked 9-carat gold prices:
Platinum scrap prices delivered a generally weak performance on the ScrapMonster Price Index over the period. The values of the commodity witnessed a dip of $91.86 per ounce (↓7.35%) from the prior week’s level of $1,250.44 per ounce.
Silver scrap prices followed a downward trend, falling sharply by $5.17 per ounce (↓10.55%) compared with the previous week. The dip in prices was mainly due to softer global silver spot prices, reduced industrial demand, and increased scrap supply from recycling activity.
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Which factor had the greatest impact on North American precious metal scrap prices during June 19–25, 2026?
Frequently Asked Questions
- How did North American precious metal scrap prices perform during June 19–25, 2026?
Gold, silver, and platinum scrap prices all declined across both hallmarked and non-hallmarked markets during the week.
- What factors drove the decline in gold scrap prices?
Gold scrap prices fell due to weaker global spot prices, investor profit-booking, cautious physical buying, and softer demand from recycling channels.
- Which gold purity grades recorded weekly declines?
All major grades declined, including 9-carat, 14-carat, 18-carat, and 22-carat scrap gold in both hallmarked and non-hallmarked segments.
