Scrap Gold, Silver and Platinum prices drop on Index

By Paul Ploumis (ScrapMonster Author)

May 06, 2016 12:51:25 AM

SEATTLE (Scrap Monster): The daily scrap gold and silver prices - hallmarked and non- hallmarked declined Tuesday, 5th May, 2016 on the ScrapMonster Price Index. Platinum scrap prices too slumped.

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 2.58 per Oz. The prices of 18 carat and 22 carat gold scrap inched lower by $ 3.31 and $ 4.05 per Oz respectively.9 carat gold scrap also went lower by $ 1.65 per Oz. The price of Platinum scrap saw cut of $ 14.58 per Oz to reach $ 773.60 per Oz. Silver scrap prices too closed slightly on the lower side at $14.30 per Oz, edging lower by $ 0.09 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices edged lower by $ 2.44 per Oz. The prices of 18 carat and 22 carat gold scrap were down $ 3.13 and $ 3.83 per Oz respectively. 9 carat gold scrap also was down $ 1.57 per Oz. Platinum scrap prices fell by $ 14.58 per Oz. Meantime, Non-hallmarked silver scrap prices witnessed a fall of $ 0.08 per Oz.