Smash Scrap Morning Metals Report – July 27, 2026

Prices as of July 27, 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 — $4,088/oz ▲
• Silver — $58.81/oz ▲
• PGMs — Rh ▸ $8,250 · Pt ▲ $1,625 · Pd ▲ $1,263
• Copper — $6.38/lb ▲
• Aluminum — $1.44/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.4093

Smash Scrap Takeaways for Today

• Gold & Silver — With both up, move clean, well-documented jewelry, coins, and high-grade e-scrap into competitive bids instead of sitting on it.
• PGMs — Platinum and palladium are jumping while rhodium is flat; prioritize properly graded cats with full VIN, serial, and photo documentation to catch today’s stronger prints.
• Copper — After being wrong telling you to hold last week, today’s grind higher says ship clean #1/#2 and insulated wire into auctions, but keep marginal/dirty copper back until buyers chase.
• Aluminum — Strength continues to reward the earlier “sell” call; bundle auto and extrusion aluminum, tighten packing lists, and push full truckloads while buyers are still nudging bids up.
• Big Picture — 6 of 8 metals are higher today, so use auctions and inventory tools to create buyer competition instead of guessing off one price.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $90.46/bbl, down $7.92 (-8.05%) day-over-day.

US Dollar Index (DXY): 101.38, up 0.24 (+0.24%) day-over-day.

**Risk is still the loudest part of the tape.** Brent dropped to **$90.46** a barrel, down **8.05%**, while the dollar stayed firm. The DXY is **101.38**, and USD/CAD is **1.4093**. That keeps pressure on buying power and makes some buyers more careful on heavy melt and export-linked grades.

Rates are still hot. The **10Y yield** is **4.71%** and the **2Y** is **4.37%**, while inflation expectations sit at **2.26%**. Real rates are still positive, so gold and silver can stay choppy. For scrap, that means a tighter bid tone and more attention on clean, documented loads, not gray-area material.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,088/oz, up +$35.80 (+0.88%) day-over-day. Previous close: $4,052/oz.
• 5-day trend: ↑ 4 of last 5 sessions.

**Gold is still firm, even with a louder dollar and softer crude in the mix.** Spot gold is at **$4,088/oz**, up **$35.80** on the day, and it has finished higher in **4 of the last 5 sessions**. For scrap sellers, that keeps clean, well-documented gold loads in the hunt, but buyers will still pick at mixed material.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $58.81/oz, up +$0.6125 (+1.05%) day-over-day. Previous close: $58.20/oz.
• 5-day trend: ↑ 4 of last 5 sessions.
• Gold/Silver ratio: 69.5:1.

**Silver is grinding higher again, not spiking — treat it like a steady earner, not a lottery ticket.** Silver is at about **$58.81/oz**, up about 1% today and green in **4 of the last 5 sessions**, even with the dollar firm and Brent sitting near **$90.46**.[7][1] The gold/silver ratio around **69.5:1** says silver still lags gold, so clean, well-documented silver loads and properly graded contacts and e-waste should do best in auctions when buyers shop hard across cats, cores, and non‑ferrous instead of guessing off one phone call.[7][8]

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,625/oz, up +$40.00 (+2.52%) day-over-day. Previous close: $1,585/oz. MoM: +0.6%.
• Platinum 5-day trend: ↑ 3 of last 5 sessions.
• Palladium (Pd): $1,263/oz, up +$36.00 (+2.93%) day-over-day. Previous close: $1,227/oz. MoM: +6.3%.
• Palladium 5-day trend: ↑ 3 of last 5 sessions.
• Rhodium (Rh): $8,250/oz, flat day-over-day. Previous close: $8,250/oz. MoM: +6.5%.
• Rhodium 5-day trend: ↑ 1 of last 5 sessions.

**PGM prices are firm today, and that’s a good backdrop for well-graded cat loads.** Platinum and palladium are both up a bit, with three green sessions in the last five days, while rhodium is flat but holding value. With Brent still around $90.46 and risk staying loud in the tape, this feels like a cautious but workable market for documented PGM scrap, not a panic sell or panic hold environment.

Copper — Current Indicators

• COMEX/Spot Copper: $6.38/lb, up +$0.0430 (+0.68%) day-over-day. Previous close: $6.34/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Copper’s inching higher again, and sellers should pay attention.** Copper is at **$6.38/lb**, up about **4 cents** today, with gains in **3 of the last 5 sessions**. Risk is still loud in the market and Brent sitting near **$90.46** with a firm dollar says don’t get greedy, but this tape supports moving clean, well-documented copper loads while buyers are still bidding.

Aluminum — Current Indicators

• LME Aluminum: $3,183/tonne ($1.44/lb), up +$0.0084 (+0.59%) day-over-day. Previous close: $1.44/lb.
• 5-day trend: ↑ 4 of last 5 sessions.

**Aluminum is inching up, but this is still a picky buyer’s market.** Aluminum is at **$1.44/lb**, up less than a cent, and it’s been green in **4 of the last 5 sessions**. With Brent crude around **$90.46** and risk still high, expect buyers to stay selective, so clean, well-sorted aluminum loads with photos and clear grades will get the best attention in auctions.

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.