[Au Price] US Gold Scrap prices advance in line with Gold Futures

Published: Aug 10, 2015 09:03

Save

United States gold scrap prices advanced on Thursday in line with gold futures prices at New York Mercantile Exchange.

UNITED STATES August 07 2015 6:17 PM

NEW YORK (Scrap Register): United States gold scrap prices advanced on Thursday in line with gold futures prices at New York Mercantile Exchange.

The major gold scrap commodities on the Scrap Register Price Index traded higher on Thursday. The 9ct hallmarked gold scrap prices rose to $396.397 an ounce and 14ct hallmarked gold scrap prices advanced to $618.379 an ounce. The 18ct hallmarked gold scrap and 22ct hallmarked gold scrap prices also gained at $792.793 ounce and $968.265 an ounce respectively.

For Live US Scrap Gold Prices Log on to Scrap Register

As per Scrap Register Price Index, the 9ct non-hallmarked gold scrap prices rose to $374.942 an ounce and 14ct non-hallmarked gold scrap prices up to $584.91 an ounce on Thursday. The 18ct non-hallmarked gold scrap and 22ct non-hallmarked gold scrap prices are also traded higher at $749.884 an ounce and $915.859 an ounce respectively.

The most active December gold contract on the COMEX division of the New York Mercantile Exchange last traded up by $4.20 at $1,089.80 an ounce on Thursday.

Gold futures prices at New York Mercantile Exchange settled up supported by the dollar trending lower against a basket of some major currencies. A positive jobs data may cement the Fed's decision to tighten monetary policy.

Investors are playing it cautious ahead of the monthly jobs report Friday, which could have a significant impact on the outlook for interest rates.

A strong report would likely add to speculation that the Federal Reserve will raise rates in September, while a weak report could provide ammunition for more dovish central bankers to argue that the rate hike should be delayed.

(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)

au price gold price US gold 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 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

Feb 6, 2026 23:56

"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"

Premier Li Qiang presided over an executive meeting of the State Council to study policy measures for promoting effective investment. The meeting noted that promoting effective investment plays an important role in stabilizing economic growth and strengthening momentum for development. It is necessary to innovate and improve policy measures, and intensify efforts to enhance the efficiency of utilizing funds such as central budget investments, ultra-long-term special treasury bonds, local government special bonds, and new-type policy-based financial instruments. In conjunction with formulating and implementing the 15th Five-Year Plan

Feb 6, 2026 23:56

Feb 6, 2026 23:54

"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...

Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and the plenary sessions of the Party’s 20th Central Committee, fully and faithfully apply the new development philosophy, strengthen top-level design, build computing power interconnection nodes oriented toward national hub periods, major strategic regions, and key industries, establish a system of computing power interconnection nodes, improve the efficiency and service level of public computing power resources, and promote high-quality development of computing power.

Feb 6, 2026 23:54

Feb 6, 2026 23:47

Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions

After intensive indirect consultations, the new round of nuclear talks between Iran and the US in Muscat, the capital of Oman, has achieved phased progress. It is reported that during this round of talks, the Iranian and US delegations did not meet directly. Instead, Omani Foreign Minister Badr acted as an intermediary, conveying a series of core proposals, strategic concerns, and policy positions to the other side. The atmosphere at the talks was tense yet efficient. According to preliminary on-site assessments, although both sides continue to negotiate over specific terms, they have reached a consensus on the key objective of "continuing dialogue."

Feb 6, 2026 23:47