[Au Price] Scrap gold and silver up, Platinum drops

Published: Aug 10, 2015 15:39
The daily scrap gold and silver prices - both hallmarked and non- hallmarked moved higher from previous day on Friday, 7th August.

By  Paul Ploumis 10 Aug 2015  Last updated at  04:07:56 GMT

SEATTLE (Scrap Monster): The daily scrap gold and silver prices - both hallmarked  and non- hallmarked moved higher from previous day on Friday, 7th August on the ScrapMonster Price Index. However, the prices of Platinum scrap fell over the day.

In the Hallmarked category, the 14 carat gold scrap prices went higher by $ 2.13 per Oz. The prices of 18 carat and 22 carat gold scrap also went higher by $ 2.73 per Oz and $ 3.33 per Oz respectively. 9 carat gold scrap prices increased marginally by $ 1.37 per Oz. The price of Platinum scrap witnessed decline of $ 9.47 per Oz to reach $ 691.21 per Oz. Silver scrap prices saw marginal up tick of  $0.13 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices went higher by $ 2.01 per Oz. The prices of 18 carat and 22 carat gold scrap too went up by $ 2.58 and $ 3.16 per Oz respectively.9 carat gold scrap also increased by $ 1.29 per Oz. The price of Platinum scrap witnessed a decline of $ 9.47 per Oz to reach $ 691.21 per Oz. Meantime, Silver scrap prices inched higher by $ 0.12 per Oz during the day.

Subscribe to Scrap Monster Live Scrap Prices


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Trump Pressures Iran, Sets 60-Day Deadline for Agreement or Face Unpleasant Measures
5 mins ago
Trump Pressures Iran, Sets 60-Day Deadline for Agreement or Face Unpleasant Measures
Read More
Trump Pressures Iran, Sets 60-Day Deadline for Agreement or Face Unpleasant Measures
Trump Pressures Iran, Sets 60-Day Deadline for Agreement or Face Unpleasant Measures
US President Trump continued to pressure Iran, firmly stating that he would use the 60-day window provided after the launch of the US-Iran agreement to continue pushing forward negotiations, while still using economic pressure as an important bargaining chip. Trump mentioned that approximately 700 ships were currently transiting the Strait of Hormuz normally. He explicitly demanded that Iran must reach an agreement within the 60-day deadline; otherwise, it would face some unpleasant measures. However, Trump also believed that the situation might not necessarily deteriorate to that extent.
5 mins ago
【SMM Aluminum Flash News】VBX secures environmental approvals to expand Wuudagu bauxite project
23 hours ago
【SMM Aluminum Flash News】VBX secures environmental approvals to expand Wuudagu bauxite project
Read More
【SMM Aluminum Flash News】VBX secures environmental approvals to expand Wuudagu bauxite project
【SMM Aluminum Flash News】VBX secures environmental approvals to expand Wuudagu bauxite project
VBX Limited has obtained approval from the Western Australian Environmental Protection Authority (EPA) and the Australian Government's environment department to modify the development plan for its Wuudagu bauxite project in northern Western Australia. The revised proposal reduces the project's indicative footprint by almost 10 per cent to about 1,775 hectares while increasing planned mining and beneficiation rates to up to 9 million tonnes per annum (Mtpa). One of the major changes involves shifting the beneficiation plant inland from Guy Point. VBX said the move is intended to lower potential impacts on coastal and marine environments. Other proposed changes include narrower sealed haul roads, a distributed bore field with an optional desalination plant for water supply, and the co-location of port infrastructure to limit disturbance across the project area.
23 hours ago
[SMM Aluminum Flash News] Rising UK Aluminium Scrap Exports Raise Concerns Over Domestic Supply Security
23 hours ago
[SMM Aluminum Flash News] Rising UK Aluminium Scrap Exports Raise Concerns Over Domestic Supply Security
Read More
[SMM Aluminum Flash News] Rising UK Aluminium Scrap Exports Raise Concerns Over Domestic Supply Security
[SMM Aluminum Flash News] Rising UK Aluminium Scrap Exports Raise Concerns Over Domestic Supply Security
Britain’s growing aluminium scrap exports are raising concerns about the long-term availability of a critical raw material for domestic industries. According to Make UK, aluminium scrap exports reached 624,314 tonnes in 2025, up 43% from 2016 levels, while shipments to India increased 94% to nearly 199,000 tonnes. Exports to the US surged 989% year-on-year to 23,560 tonnes after aluminium scrap was excluded from Section 232 tariff measures. Make UK estimates the UK could require up to 6 million tonnes of recyclable aluminium scrap to support total aluminium demand of 8 million tonnes by 2035. The organisation warned that continued scrap outflows could weaken domestic manufacturing, discourage investment and reduce supply chain resilience. It called for greater investment in scrap collection, sorting and processing infrastructure, improved recycling standards and measures to retain critical aluminium alloys within the UK’s circular economy.
23 hours ago
[Au Price] Scrap gold and silver up, Platinum drops - Shanghai Metals Market (SMM)