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Scrap Gold and Silver prices rise, Platinum declines on 2nd Dec, 2016

iconDec 5, 2016 15:21
Scrap gold and silver prices moved higher, whereas scrap platinum prices dropped on 2nd December, 2016.

By Paul Ploumis

December 05, 2016 12:24:55 AM

SEATTLE (Scrap Monster): The daily scrap gold and silver prices - hallmarked and non- hallmarked moved higher from previous day on Friday, 2nd December, 2016 on the ScrapMonster Price Index. However, the prices of Platinum scrap declined over the day.

In the Hallmarked category, the 14 carat gold scrap prices went higher by $ 1.65 per Oz. The prices of 18 carat and 22 carat gold scrap also went higher by $ 2.11 per Oz and $ 2.58 per Oz respectively. 9 carat gold scrap prices increased by $ 1.05 per Oz. The price of Platinum scrap witnessed decline of $ 10.21 per Oz to reach $ 660.58 per Oz. Silver scrap prices saw up tick of  $0.05 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices went higher by $ 1.55 per Oz. The prices of 18 carat and 22 carat gold scrap too went up by $ 2.00 and $ 2.44 per Oz respectively.9 carat gold scrap also increased by $ 1.00 per Oz. The price of Platinum scrap witnessed a decline of $ 10.21 per Oz to reach $ 660.58 per Oz. Meantime, Silver scrap prices inched higher by $ 0.03 per Oz during the day.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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