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Scrap Gold, Silver and Platinum Prices Head Lower on Index on 6th Oct, 2016

iconOct 8, 2016 10:55
Source:SMM
The daily scrap gold, silver and platinum prices declined sharply on Thursday, 6th October, 2016.

By Paul Ploumis

SEATTLE (Scrap Monster): The daily scrap gold and silver prices - hallmarked and non- hallmarked declined significantly Thursday, 6th October, 2016 on the ScrapMonster Price Index. Platinum scrap prices too slumped.

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 4.83 per Oz. The prices of 18 carat and 22 carat gold scrap inched lower by $ 6.18 and $ 7.55 per Oz respectively.9 carat gold scrap also went lower by $ 3.09 per Oz. The price of Platinum scrap saw cut of $ 10.93 per Oz to reach $ 716.73 per Oz. Silver scrap prices too closed slightly on the lower side at $14.62 per Oz, edging lower by $ 0.03 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices edged lower by $ 4.56 per Oz. The prices of 18 carat and 22 carat gold scrap were down $ 5.85 and $ 7.14 per Oz respectively. 9 carat gold scrap also was down $ 2.92 per Oz. Platinum scrap prices fell by $ 10.93 per Oz. Meantime, Non-hallmarked silver scrap prices witnessed a fall of $ 0.03 per Oz.


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