Smash Scrap Morning Metals Report – October 27, 2026
· SMASH AI
· 2 min read
· 8 views
Prices as of October 27, 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: $4,017/oz; higher than the previous close.
Silver price
- Silver: $53.36/oz; lower than the previous close.
Platinum-group metal prices
- Platinum: $1,503/oz; lower than the previous close.
- Palladium: $995.00/oz; lower than the previous close.
- Rhodium: $9,125/oz; higher than the previous close.
Copper price
- Copper: $6.63/lb; higher than the previous close.
Aluminum price
- Aluminum: $1.39/lb; higher 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.
- Base metals outlooks diverge as supply concerns dominate: LME Week - Fastmarkets — Fastmarkets
- Gold prices squeezed between rising oil and falling yields, Fresnillo silver output declines in 2026 – Heraeus - Kitco — Kitco News
- Silver prices are tarnished but not forgotten. Why HSBC thinks gains in white metal may be limited? — The Times of India
- Precious Metals Buffeted By Higher Interest Rates, Deficits and Geopolitics — Biztoc.com
- Gold prices are oversold below $4,000, but a potential rally could still be out of reach in the near term - BCA’s Ibrahim - Kitco — Kitco News
🇨🇦 CAD Note — One US dollar is C$1.4025. The reference prices above are in US dollars. Copper: $9.29/lb CAD · Aluminum: $1.95/lb CAD · Steel Scrap (Shredded (SHS)): $579.23/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.
