Smash Scrap Morning Metals Report – August 14, 2026

Prices as of August 14, 2026 at 07:32 AM CDT.

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.

Jump to:

• Gold — $4,377/oz ▲
• Silver — $65.02/oz ▲
• PGMs — Rh ▲ $8,800 · Pt ▲ $1,736 · Pd ▲ $1,300
• Copper — $6.59/lb ▼
• Aluminum — $1.47/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.3938

Smash Scrap Takeaways for Today

• Gold & Silver — Move clean lots now. Gold and silver are both higher, so sort by karat, weight, and purity before you call buyers.
• PGMs — Push platinum, palladium, and rhodium while the board is firm. Keep catalyst cores, sweeps, and mixed PGM lots separated so you do not give up value in the assay.
• Copper — Copper is basically flat, so do not rush dirty wire. Strip insulation, pull out attachments, and hold better prepped lots for stronger bids.
• Aluminum — Aluminum is up a touch. Clean, sorted aluminum pays better than mixed shred, so get it out of the pile and into a separate load.
• Big Picture — 6 of 8 metals higher today, but sellers still need clean, sorted material and multiple bids to get real price discovery.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $87.51/bbl, up $0.5900 (+0.68%) day-over-day.

US Dollar Index (DXY): 99.58, down 0.23 (-0.23%) day-over-day.

**Energy is still firm, and that keeps risk alive for the yard.** Brent is at **$87.51** a barrel, up **0.68%** today, so fuel costs are not giving scrap much help. The dollar is a bit softer, with DXY at **99.58** and USD/CAD at **1.3938**.

Rates are a little easier too. The **10-year yield** is at **4.68%**, and the derived **real yield** is about **2.44%**, which can lean on precious metals. That said, oil and risk are still doing the heavy lifting here, and that can keep buyers cautious on heavy melt and non-ferrous.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,377/oz, up +$17.00 (+0.39%) day-over-day. Previous close: $4,360/oz.
• 5-day trend: ↑ 3 of last 5 sessions.

**Gold is still hot at $4,377 an ounce, up $17 today.** The 5-day trend is still firm, with three up sessions out of five, so clean gold lots and good sorting still matter for scrap sellers and recyclers.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $65.02/oz, up +$0.5495 (+0.85%) day-over-day. Previous close: $64.47/oz.
• 5-day trend: ↑ 3 of last 5 sessions.
• Gold/Silver ratio: 67.3:1.

**Silver is still firm for scrap sellers.** At **$65.02/oz**, it is up **55 cents** and has bounced in **3 of the last 5 sessions**. The **67.3:1** gold/silver ratio says silver is not cheap, while firm energy and higher fuel costs keep the yard’s margin tight.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,736/oz, up +$26.00 (+1.52%) day-over-day. Previous close: $1,710/oz. MoM: +3.7%.
• Platinum 5-day trend: ↑ 3 of last 5 sessions.
• Palladium (Pd): $1,300/oz, up +$8.00 (+0.62%) day-over-day. Previous close: $1,292/oz. MoM: +0.1%.
• Palladium 5-day trend: ↑ 3 of last 5 sessions.
• Rhodium (Rh): $8,800/oz, up +$75.00 (+0.86%) day-over-day. Previous close: $8,725/oz. MoM: +8.6%.
• Rhodium 5-day trend: ↑ 3 of last 5 sessions.

**PGM prices are firmer today, but this is not a runaway move.** Platinum is at **$1,736/oz**, palladium at **$1,300/oz**, and rhodium at **$8,800/oz**, with all three up on the day and each higher in **3 of the last 5 sessions**. Brent is still near **$87.51/bbl**, so energy stays firm and that keeps costs up for the yard.

Copper — Current Indicators

• COMEX/Spot Copper: $6.59/lb, down $0.0005 (-0.01%) day-over-day. Previous close: $6.59/lb.
• 5-day trend: ↓ 3 of last 5 sessions.

**Copper is still strong at $6.59 a pound, but it slipped less than a cent today.** The bigger note is the 5-day trend, which shows down in 3 of the last 5 sessions, so sellers should watch for choppy action, not a clean run higher.

Aluminum — Current Indicators

• LME Aluminum: $3,250/tonne ($1.47/lb), up +$0.0037 (+0.25%) day-over-day. Previous close: $1.47/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Aluminum is firm at $1.47/lb, but the move is small.** It is up less than a cent, and the 5-day trend is better, with 3 of the last 5 sessions higher. Brent stays strong at $87.51, so fuel is still not giving scrap yards much relief.

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.