Smash Scrap Morning Metals Report – June 15, 2026

Prices as of June 15, 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 — $4,332/oz ▲
• Silver — $70.85/oz ▲
• PGMs — Rh ▸ $8,000 · Pt ▲ $1,787 · Pd ▲ $1,331
• Copper — $6.49/lb ▲
• Aluminum — $1.55/lb ▼
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.3977

Smash Scrap Takeaways for Today

• Gold & Silver — With both jumping hard, sort and move clean gold and silver (coins, bars, high‑grade jewelry) and tighten your spreads on low‑karat or mixed lots instead of giving them away.
• PGMs — Platinum, palladium, and rhodium at strong levels mean it’s a good day to move cats and PGM‑bearing material with full photos and serials so buyers can bid with confidence.
• Copper — At $6.49 and creeping higher, push out clean #1 and #2, but keep borderline, mixed, or motor/copper‑bearing scrap back for a fatter day.
• Aluminum — Down about 6 cents, avoid dumping clean segregated aluminum; move only space‑hogging or dirty loads you don’t want to sit on.
• Big Picture — 5 of 8 metals higher, 1 lower, 2 flat: lean into selling strength on clean, documented non‑ferrous and avoid panic‑clearing soft aluminum or steel.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $83.05/bbl, down $3.66 (-4.22%) day-over-day.

US Dollar Index (DXY): 99.55, down 0.40 (-0.40%) day-over-day.

**Energy finally blinks. Brent dumped over 4% and is back near $83, taking some heat out of freight and shred costs.**

The dollar is a bit softer (DXY just under 100), but USD/CAD still sits high near 1.40, so Canadian yards paid in USD still get a tailwind on export tickets. Yields eased with the 10Y back to about 4.45%, while inflation expectations are steady a bit over 2%, so real yields are still positive – that usually caps runaway gold/silver moves and keeps risk fairly balanced.

For you, this is a “watch, don’t panic” tape. Energy is off, funding costs are a touch lighter, and the dollar isn’t ripping. That’s a calmer backdrop for moving cats, shred, and non‑ferrous, but not a green light to ignore price risk.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,332/oz, up +$113.55 (+2.69%) day-over-day. Previous close: $4,219/oz.
• 5-day trend: ↓ 3 of last 5 sessions.

**Gold keeps grinding higher, not spiking — that still helps your payouts.** Gold is around **$4,332/oz**, up about **2.7%** on the day, even though it has slipped in **3 of the last 5 sessions**. With the **dollar easing** and **energy finally blinking** while Brent sits near **$83/bbl**, gold is still doing its slow climb, so now is a good time to tighten your testing, photos, and weights so you don’t leave money on the table when you move high-grade boards, CPUs, and jewelry scrap.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $70.85/oz, up +$2.81 (+4.13%) day-over-day. Previous close: $68.04/oz.
• 5-day trend: ↑ 3 of last 5 sessions.
• Gold/Silver ratio: 61.1:1.

**Silver is strong again at $70.85 an ounce, with the 5-day trend up in 3 of the last 5 sessions.** For scrap sellers and recyclers, that kind of move helps price discovery, especially when the gold-silver ratio sits at 61.1:1 and silver keeps catching a bid.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,787/oz, up +$71.00 (+4.14%) day-over-day. Previous close: $1,716/oz. MoM: -9.7%.
• Platinum 5-day trend: ↓ 3 of last 5 sessions.
• Palladium (Pd): $1,331/oz, up +$63.00 (+4.97%) day-over-day. Previous close: $1,268/oz. MoM: -4.5%.
• Palladium 5-day trend: ↑ 3 of last 5 sessions.
• Rhodium (Rh): $8,000/oz, flat day-over-day. Previous close: $8,000/oz. MoM: -19.4%.
• Rhodium 5-day trend: → flat over last 5 sessions.

**PGM prices are giving you a little air, but it’s still a trader’s market, not a home run.** Platinum and palladium are both up around 4–5%, so clean cat loads look a bit better today, even though platinum has slipped in 3 of the last 5 sessions. Rhodium is stuck around $8,000 and flat, so don’t expect that metal to bail out a weak basket.

Copper — Current Indicators

• COMEX/Spot Copper: $6.49/lb, up +$0.0130 (+0.20%) day-over-day. Previous close: $6.47/lb.
• 5-day trend: ↑ 4 of last 5 sessions.

**Copper is still firm at $6.49/lb, and the market keeps leaning up.** It has gained about 1 cent today and has been up in 4 of the last 5 sessions, so scrap sellers still have a decent bid under clean loads. With the dollar softer and energy easing, this looks more like steady support than a wild spike.

Aluminum — Current Indicators

• LME Aluminum: $3,421/tonne ($1.55/lb), down $0.0553 (-3.44%) day-over-day. Previous close: $1.61/lb.
• 5-day trend: ↓ 3 of last 5 sessions.

**Aluminum slipped again, so don’t chase last week’s numbers.** Aluminum is around **$1.55/lb**, down about **6 cents** and lower in **3 of the last 5 sessions**, as softer energy and a weaker dollar take some heat out of the trade instead of pushing it higher with Brent crude near **$83/bbl**. With the market drifting, this is a “price it to move” environment: clean, sorted aluminum that turns quick will beat sitting on marginal extra cents that may not come.

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.