Scrap Gold, Silver and Platinum prices plunged on Sep 29, 2015

Published: Sep 30, 2015 15:38
The daily scrap gold, silver and platinum prices declined sharply on 29th September, 2015.

By  Paul Ploumis 30 Sep 2015  Last updated at  03:59:34 GMT

SEATTLE (Scrap Monster): The daily scrap gold and silver prices - hallmarked and non- hallmarked declined sharply Tuesday, 29th September, 2015 on the ScrapMonster Price Index. Platinum scrap prices too slumped.

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 12.66 per Oz. The prices of 18 carat and 22 carat gold scrap inched lower by $ 16.15 and $ 19.79 per Oz respectively.9 carat gold scrap also went lower by $ 8.07 per Oz. The price of Platinum scrap saw sharp cut of $ 21.27 per Oz to reach $ 672.25 per Oz. Silver scrap prices too closed slightly on the lower side at $11.98 per Oz, edging lower by $ 0.46 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices edged lower by $ 11.90 per Oz. The prices of 18 carat and 22 carat gold scrap were down $ 15.28 and $ 18.65 per Oz respectively. 9 carat gold scrap also was down $ 7.64 per Oz. Platinum scrap prices fell by $ 21.27 per Oz. Meantime, Non-hallmarked silver scrap prices witnessed a fall of $ 0.40 per Oz.


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
Indonesia Ensures Coal Supply for Power Plants Until April 2026 Amid Global Energy Volatility
5 mins ago
Indonesia Ensures Coal Supply for Power Plants Until April 2026 Amid Global Energy Volatility
Read More
Indonesia Ensures Coal Supply for Power Plants Until April 2026 Amid Global Energy Volatility
Indonesia Ensures Coal Supply for Power Plants Until April 2026 Amid Global Energy Volatility
[SMM Aluminum Express News] Indonesia's Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has assured that coal stocks for PT PLN (Persero)'s coal-fired power plants (PLTU) are secure through April 2026. Speaking at a press conference on recent Middle East developments and their implications for the ESDM sector, held at the Ministry of ESDM office in Jakarta on Tuesday (March 11, 2026), he stated: "For PLN's needs, I ensure that through March and April, there is no issue." This reassurance comes amid global energy market volatility from Middle East tensions, helping maintain stable electricity supply during the upcoming high-demand period (including Idul Fitri holidays).
5 mins ago
ADC12 Prices Rise Amid Cautious Downstream Demand
15 hours ago
ADC12 Prices Rise Amid Cautious Downstream Demand
Read More
ADC12 Prices Rise Amid Cautious Downstream Demand
ADC12 Prices Rise Amid Cautious Downstream Demand
[SMM Aluminum Alloy Daily Review] After opening higher today, aluminum alloy 2604 fluctuated upward and briefly surged to 24,125 yuan before pulling back somewhat, then maintained a narrow consolidation in the afternoon. It finally closed at 23,885 yuan, up 205 yuan/mt from the previous close, an increase of 0.87%. Boosted by the rebound in futures prices, ADC12 quotations rose across the board today, with the SMM average price of ADC12 raised by 300 yuan/mt. Driven by the cost side, producers actively recouped earlier losses. However, affected by wild swings in prices during the week, downstream purchasing sentiment remained cautious, with most buyers continuing to wait and see or restock only for immediate needs, while the overall pace of market transactions stayed steady. In the short t
15 hours ago
SHFE Cast Aluminum Alloy Warrants Down 1,144 mt to 55,900 mt on March 11
16 hours ago
SHFE Cast Aluminum Alloy Warrants Down 1,144 mt to 55,900 mt on March 11
Read More
SHFE Cast Aluminum Alloy Warrants Down 1,144 mt to 55,900 mt on March 11
SHFE Cast Aluminum Alloy Warrants Down 1,144 mt to 55,900 mt on March 11
[SMM Flash News] SHFE data showed that as of March 11, the total registered volume of cast aluminum alloy warrants was 55,900 mt, a decrease of 1,144 mt from the previous trading day. By region, the total registered volumes were Shanghai (5,080 mt, down 180 mt), Guangdong (19,242 mt, down 210 mt), Jiangsu (6,905 mt, down 302 mt), Zhejiang (18,722 mt, down 362 mt), Chongqing (4,144 mt, down 90 mt), and Sichuan (1,807 mt, increase of 0 mt).
16 hours ago
Scrap Gold, Silver and Platinum prices plunged on Sep 29, 2015 - Shanghai Metals Market (SMM)