Smash Scrap Morning Metals Report – June 30, 2026

Prices as of June 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 — $4,000/oz ▼
• Silver — $58.33/oz ▲
• PGMs — Rh ▸ $7,750 · Pt ▼ $1,570 · Pd ▲ $1,209
• Copper — $6.19/lb ▲
• Aluminum — $1.41/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.4206

Smash Scrap Takeaways for Today

• Gold & Silver — Expect tighter payouts on karat and dental gold; move silver-bearing scrap and e-scrap while silver stays firm and climbing.
• PGMs — Keep holding low-yield platinum lots, but move clean cats and palladium-heavy cores now; rhodium is rich but flat, so be price-disciplined.
• Copper — At $6.19/lb and up 1.3%, use this strength to move borderline and mixed copper grades instead of waiting for another leg higher.
• Aluminum — With aluminum inching up again, use this bounce to clear clean extrusion, sheet, and zorba you hesitated on during last week’s pullback.
• Big Picture — Mixed board: 4 of 8 metals higher, 2 lower, 2 flat — use competition between buyers and today’s data to price each load, not the whole yard.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $74.53/bbl, up $0.9700 (+1.32%) day-over-day.

US Dollar Index (DXY): 101.39, down 0.04 (-0.04%) day-over-day.

**Energy is firm, but the big picture still screams “caution.”**

Brent is up around **$74.50**, a small move higher that keeps fuel costs in the “annoying but workable” zone for yards and mills. The dollar is a touch softer, but not enough to change export math in a big way. Energy isn’t the problem today.

Rates and risk are. The **10-year** is still above 4%, inflation expectations are creeping up, and the Fed is in no rush to cut. That mix keeps financing tight and buyers picky on ferrous and non-ferrous. Stay ready for mood swings in gold and other risk assets as real yields stay positive and traders keep repricing rate hikes.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,000/oz, down $14.25 (-0.36%) day-over-day. Previous close: $4,014/oz.
• 5-day trend: ↓ 3 of last 5 sessions.

**Gold is still rich, but the heat is coming off.** Gold is around **$4,000/oz**, down a bit today and lower in **3 of the last 5** sessions, so buyers still feel no rush to chase your karat, dental, or e-scrap gold. With energy costs annoying but stable and the dollar soft, expect payouts to stay tight on gold-bearing loads, and move clean, well-documented material where buyers are still bidding instead of waiting for some big jump.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $58.33/oz, up +$0.0705 (+0.12%) day-over-day. Previous close: $58.26/oz.
• 5-day trend: ↑ 3 of last 5 sessions.
• Gold/Silver ratio: 68.6:1.

**Silver is still paying, so don’t ignore it.** Silver is around **$58.33/oz**, up a few cents and holding firm, with 3 up days in the last week.[3][4] The gold/silver ratio near **69:1** says silver is still the cheaper play, so keep pulling silver-bearing e‑scrap, jewelry, and industrial scrap instead of letting it sit.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,570/oz, down $8.00 (-0.51%) day-over-day. Previous close: $1,578/oz. MoM: -18.1%.
• Platinum 5-day trend: ↓ 3 of last 5 sessions.
• Palladium (Pd): $1,209/oz, up +$2.00 (+0.17%) day-over-day. Previous close: $1,207/oz. MoM: -9.7%.
• Palladium 5-day trend: ↑ 4 of last 5 sessions.
• Rhodium (Rh): $7,750/oz, flat day-over-day. Previous close: $7,750/oz. MoM: -11.9%.
• Rhodium 5-day trend: ↓ 3 of last 5 sessions.

**PGMs are mixed, but the tape is still soft for scrap sellers.** Platinum is down to **$1,570/oz**, rhodium is flat at **$7,750/oz**, and even with palladium up to **$1,209/oz**, the overall tone is cautious. Energy is still firm near **$74.53/bbl**, so costs are workable, but buyers will stay picky on cats and other PGM loads.

Copper — Current Indicators

• COMEX/Spot Copper: $6.19/lb, up +$0.0795 (+1.30%) day-over-day. Previous close: $6.11/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Copper’s up again. If you’ve got clean wire or #1, buyers will notice.** Copper is around **$6.19/lb**, up about **8 cents** today and higher in **3 of the last 5** sessions.[2][4] With fuel costs annoying but manageable and copper holding firm, it’s a good time to test the market on your better grades instead of letting them sit.

Aluminum — Current Indicators

• LME Aluminum: $3,119/tonne ($1.41/lb), up +$0.0087 (+0.62%) day-over-day. Previous close: $1.41/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Aluminum is inching up, not breaking out.** Aluminum is around **$1.41/lb**, up less than a cent, and has risen in **3 of the last 5 sessions**, so the trend is gently higher, not roaring. With Brent near **$74.53/bbl** and energy “annoying but workable,” you can move decent aluminum loads with some confidence, but don’t expect buyers to chase crazy numbers yet.

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.