Scrap gold, silver and platinum prices see huge drop

SEATTLE (Scrap Monster): The daily scrap gold, silver and platinum prices - hallmarked and non- hallmarked declined sharply Thursday, 24th July on the ScrapMonster Price Index.

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 4.26 per Oz. The prices of 18 carat and 22 carat gold scrap inched lower by $ 5.45 and $ 6.67 per Oz respectively.9 carat gold scrap also went lower by $2.73 per Oz. The price of Platinum scrap too saw cut of $ 12.40 per Oz to reach $ 1,071.08 per Oz. Silver scrap prices too closed slightly on the lower side at $17.15 per Oz, edging lower by $ 0.08 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices edged lower by $ 4.03 per Oz. The prices of 18 carat and 22 carat gold scrap were down $ 5.16 and $ 6.31 per Oz respectively. 9 carat gold scrap also was down $ 2.58 per Oz. Platinum scrap prices fell by $ 12.4 per Oz. Meantime, Non-hallmarked silver scrap prices witnessed a fall of $ 0.07 per Oz.