Smash Scrap Morning Metals Report – July 30, 2026

Prices as of July 30, 2026 at 07:31 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 — $4,079/oz ▼
• Silver — $58.09/oz ▼
• PGMs — Rh ▸ $8,250 · Pt ▲ $1,618 · Pd ▲ $1,269
• Copper — $6.45/lb ▲
• Aluminum — $1.45/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.4083

Smash Scrap Takeaways for Today

• Gold & Silver — With gold flat and silver leaking lower, move only clean, well-documented jewelry and e-scrap, and shop bids instead of taking the first number.
• PGMs — With platinum and palladium both firm, prioritize pulling cats and PGM cores, use VIN lookup and photo documentation, then push them into competitive auctions.
• Copper — Copper is up about 8 cents; get your clean #1/#2 and bright loads ready and sold now, using inventory tools to track weights and BOLs.
• Aluminum — Aluminum is gently higher; sort and separate your aluminum grades, build full, documented loads, and test the market through multiple vetted buyers.
• Big Picture — 4 of 8 metals higher today with PGMs, copper, and aluminum up, while silver is the only one lower and gold, rhodium, and steel are flat.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $90.10/bbl, down $0.3000 (-0.33%) day-over-day.

US Dollar Index (DXY): 100.68, down 0.83 (-0.82%) day-over-day.

**Energy is still pricey, but the risk tone is calmer this morning.**

Brent crude sits near **$90/bbl**, down a touch, but still rich versus last week’s $91–92 range. The 10-year and 2-year yields both eased a bit, while inflation expectations ticked up, so the real 10-year rate stays firm. That usually keeps a lid on gold and silver, but they’ve been holding up, which lines up with what we’ve been seeing in recent kits and bids.

The US dollar index is weaker, with DXY under 101 and the broad dollar slipping too. That helps risk assets and takes a bit of pressure off exporters, but USD/CAD up over 1.40 keeps Canadian yards feeling the FX squeeze on imports and equipment. Overall, energy is high, rates are still tight, but the dollar pullback takes some edge off risk for now.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,079/oz, down $2.10 (-0.05%) day-over-day. Previous close: $4,081/oz.
• 5-day trend: ↑ 3 of last 5 sessions.

**Gold is still rich, but today it’s slipping, not ripping.** Gold sits around **$4,079/oz**, down a hair on the day, but it’s been up in **3 of the last 5 sessions**, so overall it’s still strong. With the dollar easing and energy like Brent crude holding near **$90/bbl**, buyers can stay picky, so expect tight bids and make sure your gold scrap is sorted and documented before you shop it.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $58.09/oz, down $0.1625 (-0.28%) day-over-day. Previous close: $58.25/oz.
• 5-day trend: ↑ 3 of last 5 sessions.
• Gold/Silver ratio: 70.2:1.

**Silver’s still pricey, but it’s catching its breath.** Silver is around **$58/oz**, down about **16 cents** today, even though it’s been up in **3 of the last 5 sessions**. With the **gold/silver ratio near 70:1** and energy still rich but calmer, expect buyers to stay selective on silver loads and to lean on clear photos, weights, and assays before they step up on price.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,618/oz, up +$2.00 (+0.12%) day-over-day. Previous close: $1,616/oz. MoM: +4.7%.
• Platinum 5-day trend: ↑ 3 of last 5 sessions.
• Palladium (Pd): $1,269/oz, up +$17.00 (+1.36%) day-over-day. Previous close: $1,252/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 holding firm, so scrap cats and PGM loads still deserve your attention.** Platinum and palladium are both up over the last few sessions, while rhodium is steady, so you’re not selling into a crash. With energy still pricey but risk calmer and the dollar easing a bit, you can shop bids with confidence instead of panic-dumping converters.

Copper — Current Indicators

• COMEX/Spot Copper: $6.45/lb, up +$0.0815 (+1.28%) day-over-day. Previous close: $6.37/lb.
• 5-day trend: ↑ 4 of last 5 sessions.

**Copper’s still working for you.** Copper is around **$6.45/lb**, up about 8 cents today and higher in 4 of the last 5 sessions. With the dollar a bit softer and energy still pricey but calmer, this is a decent spot to move clean copper if you’ve got ready loads.

Aluminum — Current Indicators

• LME Aluminum: $3,195/tonne ($1.45/lb), up +$0.0074 (+0.51%) day-over-day. Previous close: $1.44/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Aluminum is a little firmer today, and that gives sellers a better shot at clean price discovery.** It’s up to **$1.45/lb**, with a small gain and **3 of the last 5 sessions** moving higher. Brent is still near **$90/bbl**, and the calmer risk tone plus a softer dollar can keep support under sorted loads.

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.