Scrap gold prices decline, Platinum and Silver rise on 8th May, 2017

Published: May 9, 2017 15:19
The daily scrap gold prices - both hallmarked  and non- hallmarked declined marginally Monday, 8th May on the ScrapMonster Price Index.

May 09, 2017 03:00:00 AM

SPOKANE (Scrap Monster): The daily scrap gold prices - both hallmarked  and non- hallmarked declined marginally Monday, 8th May on the ScrapMonster Price Index. The prices of scrap Silver and Platinum increased on Index.

In the Hallmarked category, the 14 carat gold scrap prices were down by $ 5.50 per Oz. The prices of 18 carat and 22 carat gold scrap went down by $ 7.06 and $ 8.62 per Oz respectively.9 carat gold scrap also edged lower by $ 3.53 per Oz. The price of Platinum scrap witnessed a rise of $ 8.75 per Oz to reach $ 662.77 per Oz. Silver scrap prices were up by $ 0.09 per Oz.

In the Non-Hallmarked category, the 14 carat gold scrap prices went lower by $ 5.21 per Oz. The prices of 18 carat and 22 carat gold scrap too went down by $ 6.68 and $ 8.15 per Oz respectively.9 carat gold scrap also declined by $ 3.34 per Oz. The price of Platinum scrap increased by $ 8.75 per Oz. Silver scrap prices dropped by $0.08 per Oz to touch $ 11.97 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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Scrap gold prices decline, Platinum and Silver rise on 8th May, 2017 - Shanghai Metals Market (SMM)