Smash Scrap Morning Metals Report – October 1, 2026
· SMASH AI
· 2 min read
· 3 views
Prices as of October 01, 2026 at 07:30 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.
Today’s price snapshot
Gold price
- Gold: $4,176/oz; higher than the previous close.
Silver price
- Silver: $61.02/oz; higher than the previous close.
Platinum-group metal prices
- Platinum: $1,723/oz; higher than the previous close.
- Palladium: $1,182/oz; lower than the previous close.
- Rhodium: $9,100/oz; lower than the previous close.
Copper price
- Copper: $6.58/lb; lower than the previous close.
Aluminum price
- Aluminum: $1.42/lb; lower than the previous close.
Steel scrap price
- Shredded (SHS): $413.00/mt; unchanged from the previous close. Source: scrapmonster.
- HMS 1&2 (80:20): $366.00/mt; unchanged from the previous reference price.
What sellers can do today
- Converters and precious metals: Record serial numbers, separate OEM from aftermarket units, and include clear photos.
- Copper and aluminum: Separate grades and remove avoidable contamination before asking for bids.
- Steel: Confirm the grade, weight, freight responsibility, and possible deductions before accepting an offer.
- Price discovery: Treat these as reference prices, not yard offers, and compare more than one qualified bid through Smash Scrap.
News sources checked
These are the linked headlines reviewed for today’s report. Open the original source before making a market decision.
- Gold price will break $5,000/oz in H2 2027, and silver’s run to $120 was driven by more than hype – Morgan Stanley’s Gower - Kitco — Kitco News
- India has yet to decide on dropping pre-shipment inspections of scrap metal imports - Reuters — Google News – Scrap Metal
- Gold, silver prices rebound as crude oil prices fall on supply boost — Business Standard
- Silver price today, Wednesday, September 30, 2026: Silver prices find little room to rise this morning — Biztoc.com
- Gold price today, Wednesday, September 30, 2026: Gold edges up from multi-month lows yesterday — Biztoc.com
🇨🇦 CAD Note — One US dollar is C$1.4188. The reference prices above are in US dollars. Copper: $9.34/lb CAD · Aluminum: $2.01/lb CAD · Steel Scrap (Shredded (SHS)): $585.96/mt CAD
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.
