Smash Scrap Morning Metals Report – October 30, 2026

Prices as of October 30, 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: $3,964/oz; lower than the previous close.

Silver price

• Silver: $50.04/oz; lower than the previous close.

Platinum-group metal prices

• Platinum: $1,432/oz; lower than the previous close.
• Palladium: $952.00/oz; lower than the previous close.
• Rhodium: $9,100/oz; unchanged from the previous close.

Copper price

• Copper: $6.52/lb; lower than the previous close.

Aluminum price

• Aluminum: $1.40/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): $403.00/mt; higher than 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 prices could fall to $3,900, silver to $50 as Fed tightening pressures precious metals – Sucden Financial - Kitco — Kitco News
• Silver could see further losses against gold as physical market weakens - Metals Focus - Kitco — Kitco News
• GoldHaven Reaches 3,000 Metres Drilled at Magno, Advances High-Grade Silver-Lead-Zinc Targets in British Columbia’s Cassiar District — Financial Post
• Indian gold buyers get a 'breathing room' from Fed before Diwali, but conditions apply — The Times of India
• Gold drops nearly 1%, silver slides over 2% — Biztoc.com

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.