Smash Scrap Morning Metals Report – April 27, 2026
Prices as of April 27, 2026 at 12:31 PM UTC.
Market screen levels only — not yard pay prices. Actual buy prices at the scale will differ based on grade, moisture, contamination, and freight. The scrolling ticker at the top of this page shows live prices and may differ from the snapshot below.
All tracked metals are lower today.
Jump to:
- Gold — $4,712/oz ▼
- Silver — $75.65/oz ▼
- PGMs — Rh ▸ $10,050 · Pt ▼ $2,005 · Pd ▼ $1,463
- Copper — $6.03/lb ▼
- Aluminum — $1.63/lb ▸
- Steel Scrap — $413.00/mt ▸
- Macro Backdrop
- CAD — USD/CAD 1.3678
Smash Scrap Takeaways for Today
- Gold & Silver — Hold scrap gold and silver; tiny drops mean no rush to sell today.
- PGMs — Sell platinum and palladium scrap now; they're down more than 1% while rhodium stays flat.
- Copper — Sell copper scrap in small lots; it's barely down but still consolidating as predicted.
- Aluminum — Hold aluminum scrap; prices are flat with strong demand from EVs and building projects ahead.
- Big Picture — No metals up today, 2 down and 6 flat—wait for buyers to step in before big selling.
Macro Backdrop — Energy and Risk
Brent Crude Oil: $100.10/bbl, up $0.3200 (+0.32%) day-over-day.
**Macro Backdrop — Energy and Risk**
Brent crude oil rose to $100.10 per barrel, up 32 cents or 0.32% today.[Data] This gain follows recent highs near $106, but hopes for US-Iran peace talks may cap prices soon.[4][5] Higher oil supports scrap metal demand in energy sectors, though auto production fell to 102.63, down nearly 4 points.[Data]
The 10-year yield climbed to 4.34%, up 0.04%, while inflation expectations held at 2.42%.[Data] Gold and silver face selling pressure from Fed meetings and US-Iran talks, matching yesterday's outlook.[4][5][Market Memory] USD/CAD at 1.3678 adds mild risk for North American scrap flows.[Data] Watch talks for energy shifts.
Gold — Safe-Haven Indicator
- Spot Gold (XAU): $4,712/oz, down $1.30 (-0.03%) day-over-day. Previous close: $4,713/oz.
- 5-day trend: ↓ 3 of last 5 sessions.
Gold spot price fell to **$4,712 per ounce**, down $1.30 or 0.03% today, with prices dropping in 3 of the last 5 sessions. Scrap sellers should sell now to lock in value amid selling pressure from Fed meetings and US-Iran peace talks, as noted by analysts, even as higher oil at $100.10 per barrel supports some metal demand. The scrap gold recycling market stays strong despite short-term dips.
Silver — Industrial & Precious Hybrid
- Spot Silver (XAG): $75.65/oz, down $0.0290 (-0.04%) day-over-day. Previous close: $75.68/oz.
- 5-day trend: ↓ 3 of last 5 sessions.
- Gold/Silver ratio: 62.3:1.
**Silver** fell slightly to **$75.65 per ounce**, down about 3 cents or 0.04% today, with prices dropping in 3 of the last 5 sessions. Scrap sellers and recyclers should consider selling now to lock in gains, as analysts see more selling pressure ahead from Fed meetings and US-Iran peace talks that ease tensions. The gold-silver ratio at 62.3:1 shows silver lagging, while higher oil at $100.10 per barrel may help demand in energy sectors.
Precious Metals (PGM) — Screen Indicators
- Platinum (Pt): $2,005/oz, down $7.00 (-0.35%) day-over-day. Previous close: $2,012/oz. MoM: +7.6%.
- Platinum 5-day trend: ↓ 3 of last 5 sessions.
- Palladium (Pd): $1,463/oz, down $21.00 (-1.42%) day-over-day. Previous close: $1,484/oz. MoM: +7.3%.
- Palladium 5-day trend: ↓ 3 of last 5 sessions.
- Rhodium (Rh): $10,050/oz, flat day-over-day. Previous close: $10,050/oz. MoM: -6.9%.
- Rhodium 5-day trend: ↓ 1 of last 5 sessions.
**PGM prices** dipped today for scrap sellers, with **platinum** at $2,005/oz down 0.35% and **palladium** at $1,463/oz down 1.42%, while **rhodium** stayed flat at $10,050/oz. Higher **Brent crude oil** at $100.10/bbl helps demand from energy uses, but lower auto output hurts catalytic converter scrap flow.[1][5] Hold scrap for now as prices may ease with US-Iran talks ahead, though recycling stays key amid market shifts.[4]
Copper — Current Indicators
- COMEX/Spot Copper: $6.03/lb, down $0.0030 (-0.05%) day-over-day. Previous close: $6.03/lb.
- 5-day trend: ↓ 4 of last 5 sessions.
Copper scrap prices fell a tiny bit today to $6.03 per pound, down less than a cent or 0.05%.[Data] This marks the fourth drop in the last five days, even as higher oil at $100.10 per barrel helps energy demand.[Data] Scrap sellers should hold steady, as long-term demand from green tech and tight supply points to growth ahead.[1][5]
Aluminum — Current Indicators
- LME Aluminum: $3,603/tonne ($1.63/lb), flat day-over-day. Previous close: $1.63/lb.
- 5-day trend: ↓ 3 of last 5 sessions.
Aluminum scrap holds steady at **$1.63 per pound** today, with no change from yesterday but down in **3 of the last 5 sessions**. Brent crude oil rose to **$100.10 per barrel**, which helps demand from energy sectors despite lower auto production. Scrap sellers should watch US-Iran peace talks that may cap oil gains and limit upside for aluminum.
Steel Scrap (Shredded (SHS), scrapmonster) — Current Indicators
- Steel Scrap Shredded (SHS) (SCRAP-SHS): $413.00/mt, flat day-over-day. Previous close: $413.00/mt.
- 5-day trend: → flat over last 5 sessions.
- HMS 1&2 (80:20) (SCRAP-HM): $366.00/mt (flat day-over-day).
Want to move PGM-bearing material, copper, aluminum, or steel scrap through competitive bidding? List your lots on Smash Scrap and let vetted buyers compete for your scrap.
