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Scrap gold and silver rise, Platinum drops 11th May, 2016
May 12,2016 14:07CST
industry news
Source:SMM
Scrap gold and silver prices moved higher, whereas scrap platinum prices dropped on 11th May, 2016.

By  (ScrapMonster Author)

May 12, 2016 01:20:23 AM

SEATTLE (Scrap Monster): The daily scrap gold and silver prices - both hallmarked  and non- hallmarked moved higher marginally from previous day on Wednesday, 11th May, 2016 on theScrapMonster Price Index. However, the prices of Platinum scrap fell over the day.

In the Hallmarked category, the 14 carat gold scrap prices went higher by $ 3.92 per Oz. The prices of 18 carat and 22 carat gold scrap also went higher by $ 5.02 per Oz and $ 6.14 per Oz respectively. 9 carat gold scrap prices increased by $ 2.51 per Oz. The price of Platinum scrap witnessed decline of $ 7.29 per Oz to reach $ 732.77 per Oz. Silver scrap prices saw marginal up tick of  $0.15 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices went higher by $ 3.71 per Oz. The prices of 18 carat and 22 carat gold scrap too went up by $ 4.75 and $ 5.80 per Oz respectively.9 carat gold scrap also increased by $ 2.37 per Oz. The price of Platinum scrap witnessed a decline of $ 7.29 per Oz to reach $ 760.47 per Oz. Meantime, Silver scrap prices inched higher by $ 0.13 per Oz during the day.


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