16th May, 2017: Scrap Gold, Silver and Platinum prices rallied further on Index
The scrap gold, silver and platinum prices continued to maintain upward momentum on 16th May, 2017.
SEATTLE (Scrap Monster): The daily scrap gold prices - hallmarked and non- hallmarked went higher on Tuesday, 16th May, 2017 on the ScrapMonster Price Index. The prices of scrap silver and Platinum too climbed higher on Index.
In the Hallmarked category, the 14 carat gold scrap prices were up by $ 1.53 per Oz. The prices of 18 carat and 22 carat gold scrap went higher by $ 1.97 and $ 2.40 per Oz respectively.9 carat gold scrap also edged higher by $ 0.99 per Oz. The price of Platinum scrap witnessed a jump of $ 10.94 per Oz to reach $ 683.19 per Oz. Silver scrap prices went higher by $ 0.11 per Oz.
In the Non-Hallmarked category, the 14 carat gold scrap prices went higher by $ 1.45 per Oz. The prices of 18 carat and 22 carat gold scrap too went up by $ 1.86 and $ 2.26 per Oz respectively.9 carat gold scrap also increased by $ 0.93 per Oz. The price of Platinum scrap saw increase of $ 10.94 per Oz. Also, silver scrap prices were up by $ 0.10 per Oz to touch $ 12.22 per Oz.
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Scrap Metal Prices
| Copper Scrap | ||
| Alternator | 0.42 | $US/Lb |
| #1 Copper Bare Bright | 4.45 | $US/Lb |
| Aluminum Scrap | ||
| 356 Aluminum Wheels (Clean) | 0.81 | $US/Lb |
| 6061 Extrusions | 0.71 | $US/Lb |
| Steel Scrap | ||
| #1 Bundle | 360.00 | $US/MT |
| #1 Busheling | 380.00 | $US/MT |
| Electronics Scrap | ||