Smash Scrap Morning Metals Report – June 17, 2026

Prices as of June 17, 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 — $4,327/oz ▼
• Silver — $69.66/oz ▼
• PGMs — Rh ▸ $8,000 · Pt ▼ $1,781 · Pd ▼ $1,329
• Copper — $6.52/lb ▲
• Aluminum — $1.55/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.3996

Smash Scrap Takeaways for Today

• Gold & Silver — Move clean, documented gold and silver now if you need cash flow; both are down, and buyers may get pickier on soft tape.[2][7]
• PGMs — Platinum and palladium are weaker today, so sell off PGM-heavy cats and keep rhodium-rich material tight unless you have to move it.[1]
• Copper — Copper is up, so ship No. 1, No. 2, and insulated wire while the board is green instead of waiting on a bigger pop.[1]
• Aluminum — Aluminum is higher, so clear clean extrusion, siding, and cast now; good separation matters when the market is only inching up.[1]
• Big Picture — Only 2 of 8 metals higher today, so this is a mixed tape; sell the strong buckets, but do not force weak material into a soft bid.[1]

Macro Backdrop — Energy and Risk

Brent Crude Oil: $79.80/bbl, up $0.1300 (+0.16%) day-over-day.

US Dollar Index (DXY): 99.64, down 0.11 (-0.11%) day-over-day.

**Energy is firmer, but risk is not gone.** Brent sits at **$79.80** a barrel, up a touch, while the dollar is a bit softer and the DXY is down to **99.64**. That keeps the macro tone mixed, not hot.

Yields are still easing. The **10-year at 4.47%** and **2-year at 4.07%** are both lower, and inflation expectations are down to **2.29%**. That helps calm some fear, but the **real 10-year yield stays high at 2.18%**, which can still lean on gold and silver.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,327/oz, down $4.25 (-0.10%) day-over-day. Previous close: $4,331/oz.
• 5-day trend: ↑ 3 of last 5 sessions.

**Gold is still high, but today it’s taking a small step back.** Spot gold is around **$4,327/oz**, down about **0.1%** on the day, but it’s been up in **3 of the last 5 sessions**, helped by a softer dollar and steady energy prices. With Brent near **$79.80** and risk calm, you don’t need to panic-sell cats, boards, or jewelry scrap here—treat this like normal flow, and keep using clear photos and clean sorting to win better bids.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $69.66/oz, down $0.4555 (-0.65%) day-over-day. Previous close: $70.12/oz.
• 5-day trend: ↑ 4 of last 5 sessions.
• Gold/Silver ratio: 62.1:1.

**Silver’s still strong, even on a red day.** Silver is around **$69.66/oz**, down about **46 cents** today, but it’s been up in **4 of the last 5 sessions**, and the gold/silver ratio near **62:1** says silver is holding its own. With Brent around **$79.80** and the dollar a bit softer, this is still a decent market to move **clean, well-documented silver scrap** if buyers are bidding tight and you can shop the load.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,781/oz, down $21.00 (-1.17%) day-over-day. Previous close: $1,802/oz. MoM: -10.2%.
• Platinum 5-day trend: ↑ 3 of last 5 sessions.
• Palladium (Pd): $1,329/oz, down $9.00 (-0.67%) day-over-day. Previous close: $1,338/oz. MoM: -5.3%.
• Palladium 5-day trend: ↑ 3 of last 5 sessions.
• Rhodium (Rh): $8,000/oz, flat day-over-day. Previous close: $8,000/oz. MoM: -18.8%.
• Rhodium 5-day trend: → flat over last 5 sessions.

**PGM prices are soft today, so don’t expect buyers to chase marginal cats.** Platinum and palladium are both down a bit, even though they’ve climbed in 3 of the last 5 sessions, so the trend is slightly firmer but not hot. Rhodium is stuck around **$8,000/oz** and has gone nowhere for a week, so treat this as a steady, grinding market, not a rip-you-missed-it rally.

Copper — Current Indicators

• COMEX/Spot Copper: $6.52/lb, up +$0.0275 (+0.42%) day-over-day. Previous close: $6.49/lb.
• 5-day trend: ↑ 5 of last 5 sessions.

**Copper’s still hot, and it’s not sneaking up on you anymore.** Copper is around **$6.52/lb**, up about 3 cents today, and it’s been green 5 days in a row. With energy a bit firmer and the dollar softer, buyers are staying active, so it’s a decent spot to keep moving clean No.1, No.2, and insulated loads instead of waiting on a miracle spike.

Aluminum — Current Indicators

• LME Aluminum: $3,412/tonne ($1.55/lb), up +$0.0082 (+0.53%) day-over-day. Previous close: $1.54/lb.
• 5-day trend: ↑ 4 of last 5 sessions.

**Aluminum is inching up, but it’s still a grinder’s market, not a rocket ship.** Aluminum sits around **$1.55/lb**, up less than a penny today, and it has pushed higher in **4 of the last 5 sessions**. With energy firmer and Brent near **$79.80/bbl**, your melt costs aren’t getting cheaper, so use this slow grind up to quietly move clean rims, extrusion, and siding instead of waiting on a big jump that may not show.

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.