Smash Scrap Morning Metals Report – May 13, 2026

Prices as of May 13, 2026 at 12:31 PM UTC.

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.

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• Gold — $4,690/oz ▼
• Silver — $86.43/oz ▼
• PGMs — Rh ▸ $9,975 · Pt ▲ $2,127 · Pd ▲ $1,475
• Copper — $6.63/lb ▼
• Aluminum — $1.65/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.3710

Smash Scrap Takeaways for Today

• Gold & Silver — Both down modestly today. Hold onto hallmarked pieces if you have them. Wait for a stronger rebound signal before selling larger quantities. Small declines often precede recovery moves.
• PGMs — Platinum and palladium inched up. Consider locking in palladium gains now if you have scrap on hand. Platinum's slight move suggests patience is still warranted.
• Copper — Down slightly below $6.63/lb. Resist selling into weakness. Recent recovery predictions still hold merit. Better opportunities likely ahead as demand stabilizes.
• Aluminum — Strong performer at $1.65/lb, up 1.89%. This is your bright spot today. Sell aluminum scrap now while momentum is in your favor. Don't wait.
• Big Picture — Mixed market with 3 metals higher and 3 lower. Be selective. Unload aluminum strength. Hold precious metals and copper for better entry points.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $107.54/bbl, up $0.2400 (+0.22%) day-over-day.

### Macro Backdrop — Energy and Risk

Brent crude oil rose to $107.54 per barrel, up 24 cents or 0.22%. This small gain adds to last week's upward trend. Energy prices stay firm amid global tensions and steady demand. The US dollar hit 1.371 against the Canadian dollar, pressuring cross-border scrap flows.

Bond yields climbed to 4.42% on the 10-year Treasury, with CPI at 332.41 signaling hotter inflation. Fed rate holds at 3.64%. Risk mood is cautious—copper eyes records despite Middle East worries, while fires hit US scrap yards. More gains look likely in energy and metals.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,690/oz, down $26.97 (-0.57%) day-over-day. Previous close: $4,717/oz.
• 5-day trend: ↓ 3 of last 5 sessions.

Gold prices dipped slightly today to $4,690 per ounce as the market pulled back from recent highs. Despite the small decline, recyclers are still benefiting from strong demand—gold recycling hit a three-year high as people cash in old jewelry to capitalize on prices that remain historically elevated. Scrap sellers should keep watch for a rebound, as today's minor pullback could create a buying opportunity.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $86.43/oz, down $0.3760 (-0.43%) day-over-day. Previous close: $86.81/oz.
• 5-day trend: ↑ 3 of last 5 sessions.
• Gold/Silver ratio: 54.3:1.

Silver spot prices fell to $86.43 per ounce today, down 38 cents or 0.43%. Scrap sellers can expect payouts near $63 for sterling silver and $62 for coin silver per ounce, based on current buyback rates. With prices up in 3 of the last 5 days, hold steady but watch for a rebound soon.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $2,127/oz, up +$2.00 (+0.09%) day-over-day. Previous close: $2,125/oz. MoM: +2.9%.
• Platinum 5-day trend: ↑ 3 of last 5 sessions.
• Palladium (Pd): $1,475/oz, up +$2.00 (+0.14%) day-over-day. Previous close: $1,473/oz. MoM: -5.5%.
• Palladium 5-day trend: ↑ 3 of last 5 sessions.
• Rhodium (Rh): $9,975/oz, flat day-over-day. Previous close: $9,975/oz. MoM: -1.2%.
• Rhodium 5-day trend: ↑ 1 of last 5 sessions.

Platinum rose to $2,127 per ounce, up $2 or 0.09%, with gains in 3 of the last 5 sessions. Palladium climbed to $1,475 per ounce, up $2 or 0.14%, also up in 3 of 5 recent days. Rhodium held flat at $9,975 per ounce, creating a steady chance for scrap sellers to lock in values amid mild oil gains.

Copper — Current Indicators

• COMEX/Spot Copper: $6.63/lb, down $0.0090 (-0.14%) day-over-day. Previous close: $6.64/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

Copper scrap holds strong at $6.63 per pound, down just a penny from yesterday. This tiny drop follows gains in three of the last five sessions, fueled by tight supply from tariffs and strong U.S. demand. With oil at $107.54 per barrel adding support, scrap sellers should watch for more upside ahead.

Aluminum — Current Indicators

• LME Aluminum: $3,643/tonne ($1.65/lb), up +$0.0307 (+1.89%) day-over-day. Previous close: $1.62/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

Aluminum scrap prices hit $1.65 per pound today, up 3 cents or 1.9% from yesterday. This gain matches rising energy costs, with Brent crude oil at $107.54 per barrel. Sellers should watch for a possible pullback after three up days in the last five—consider locking in gains now.

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.