Feb 4th, 2015: Scrap Gold and Silver prices drop, Platinum surges on Index

Published: Feb 5, 2015 17:39

Save

The daily scrap gold and silver prices - hallmarked and non- hallmarked declined Wednesday, 4th February on the ScrapMonster Price Index.

Author: Paul Ploumis05 Feb 2015 Last updated at 04:58:24 GMT

ALBANY (Scrap Monster): The daily scrap gold and silver prices - hallmarked and non- hallmarked declined Wednesday, 4th February on the ScrapMonster Price Index. The prices of Platinum scrap surged higher over the previous day.

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 6.67 per Oz. The prices of 18 carat and 22 carat gold scrap inched lower by $ 8.55 and $ 10.44 per Oz respectively.9 carat gold scrap also went lower by $ 4.27 per Oz. The price of Platinum scrap increased by $ 3.64 per Oz. Silver scrap prices too closed slightly on the lower side at $14.31 per Oz, edging lower by $ 0.17 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices edged lower by $ 6.31 per Oz. The prices of 18 carat and 22 carat gold scrap were down $ 8.08 and $ 9.88 per Oz respectively. 9 carat gold scrap also was down $ 4.04 per Oz. Platinum scrap prices jumped higher by $ 3.64 per Oz. Meantime, Non-hallmarked silver scrap prices declined by $ 0.15 per Oz.

scrap gold silver platinum north american price index non-hall marked live scrap price

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 to learn 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

9 hours ago

Kazakhstan's Copper Cathode Output Down 9.1% YoY in Jan-Feb 2026, Feb Production Drops 7.8% MoM

Data released by the Kazakhstan Bureau of Statistics showed that Kazakhstan's copper cathode production in January-February 2026 fell 9.1% YoY.Copper Cathode: February 2026 production was 35,625 mt, down 7.8% MoM; total production in January-February was 74,266 mt, down 9.1% YoY.

9 hours ago

HBIS Resources: Severe Flooding Hits South African Copper Mines; Phase I Resumes, Phase II Dewatering Ongoing

HBIS Resources (000923) announced on March 17 that the Limpopo Province of South Africa, where its subsidiary Palabora Copper (Pty) Ltd. is located, and the neighboring Mpumalanga Province had been hit by the most severe flooding disaster since 2000. As runoff from the open pit and surrounding catchment areas surged into the company’s mine workings, some tunnels in Phase I and Phase II of the copper project were flooded, causing some critical facilities to be submerged (with no casualties). As the operating area of Copper Phase II is located at a deeper level, dewatering has progressed relatively slowly, and dewatering operations are still underway, with completion expected in early April.

9 hours ago

US Economic Advisor Kevin Hassett: Oil Tankers Passing Strait of Hormuz, Situation Under Control

Kevin Hassett, Director of the White House National Economic Council in the US, said that oil tankers had "already begun to pass sporadically" through the Strait of Hormuz, and that if necessary, the scale of a globally coordinated release of strategic petroleum reserves could be expanded. Speaking on CNBC, he said the White House had formulated response plans for every stage of supply chain disruptions, and said he was "very confident that the current situation is under control and will end soon."

9 hours ago