Scrap Gold, Silver and Platinum prices declined on Oct. 16

Published: Oct 19, 2015 17:37
The daily scrap gold, silver and platinum prices declined on 16th October, 2015.

By Paul Ploumis (ScrapMonster Author)

October 19, 2015 06:19:26 AM

SEATTLE (Scrap Monster): The daily scrap gold and silver prices - hallmarked and non- hallmarked declined Friday, 16th October, 2015 on the ScrapMonster Price Index. Platinum scrap prices too slumped.

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 3.97 per Oz. The prices of 18 carat and 22 carat gold scrap inched lower by $ 5.09 and $ 6.22 per Oz respectively.9 carat gold scrap also went lower by $ 2.55 per Oz. The price of Platinum scrap saw cut of $ 1.46 per Oz to reach $ 720.37 per Oz. Silver scrap prices too closed slightly on the lower side at $13.20 per Oz, edging lower by $ 0.12 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices edged lower by $ 3.75 per Oz. The prices of 18 carat and 22 carat gold scrap were down $ 4.82 and $ 5.88 per Oz respectively. 9 carat gold scrap also was down $ 2.41 per Oz. Platinum scrap prices fell by $ 1.46 per Oz. Meantime, Non-hallmarked silver scrap prices witnessed a fall of $ 0.10 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.

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