SMASH Recycling Morning Metals Report – August 10, 2026

Prices as of August 10, 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 — $4,326/oz ▼
• Silver — $63.99/oz ▲
• PGMs — Rh ▸ $8,650 · Pt ▼ $1,737 · Pd ▼ $1,343
• Copper — $6.63/lb ▲
• Aluminum — $1.50/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.3943

SMASH Recycling Takeaways for Today

• Gold & Silver — Gold is softer, but silver is still firm. Move clean, documented silver-bearing scrap now. Don’t sit on mixed lots waiting for a bigger pop.
• PGMs — Platinum and palladium are both down, while rhodium is flat. If you have PGM-bearing material, sell on specs and paperwork. Tight BOLs and photo docs help buyers move faster.
• Copper — Copper is up again. Push clean #1 copper, stripped wire, and sorted yellow brass while the bid tone stays hot. Keep contamination out.
• Aluminum — Aluminum is climbing too. Separate clean, dry aluminum grades from dirty or mixed loads. Weak prep leaves money on the table.
• Big Picture — 3 of 8 metals higher today; 3 higher (Silver ↑, Copper ↑, Aluminum ↑); 3 lower (Gold ↓, Platinum ↓, Palladium ↓); 2 flat (Rhodium →, Steel →).

Macro Backdrop — Energy and Risk

Brent Crude Oil: $84.96/bbl, up $2.69 (+3.27%) day-over-day.

US Dollar Index (DXY): 99.73, up 0.04 (+0.04%) day-over-day.

**Oil is hotter. Rates are still high. That keeps risk loud, and it can move scrap fast.** Brent is up to **$84.96** a barrel, and the dollar is steady with the DXY at **99.73** and USD/CAD at **1.3943**. Higher oil can lift freight and processing costs, while a firmer dollar keeps pressure on imported metals.

The rate picture is mixed. The **10Y yield is 4.69%** and the **2Y is 4.25%**, while inflation expectations sit at **2.25%**, leaving real yields still tight. That usually caps broad risk appetite, but it can also support clean, documented scrap when buyers need supply and want less guesswork.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,326/oz, down $15.60 (-0.36%) day-over-day. Previous close: $4,341/oz.
• 5-day trend: ↑ 3 of last 5 sessions.

**Gold is still near the top, but it slipped today to $4,326/oz, down $15.60.** That small drop does not change the bigger picture: the 5-day trend is still up in 3 of the last 5 sessions, so scrap gold is holding firm for now. For sellers, this is a good time to watch bids closely and move clean gold-bearing loads when the numbers make sense.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $63.99/oz, up +$0.4090 (+0.64%) day-over-day. Previous close: $63.58/oz.
• 5-day trend: ↑ 4 of last 5 sessions.
• Gold/Silver ratio: 67.6:1.

**Silver is firm at $63.99 an ounce, up 41 cents today, with a 4-of-5 day climb.** For scrap sellers, that keeps melt value supported and gives you a better window to move clean silver, sterling, and sorted lots while buyers stay active.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,737/oz, down $6.00 (-0.34%) day-over-day. Previous close: $1,743/oz. MoM: +6.9%.
• Platinum 5-day trend: ↑ 3 of last 5 sessions.
• Palladium (Pd): $1,343/oz, down $14.00 (-1.03%) day-over-day. Previous close: $1,357/oz. MoM: +6.6%.
• Palladium 5-day trend: ↑ 4 of last 5 sessions.
• Rhodium (Rh): $8,650/oz, flat day-over-day. Previous close: $8,650/oz. MoM: +5.5%.
• Rhodium 5-day trend: ↑ 4 of last 5 sessions.

**PGM prices are still shaky, so don’t sit on converter lots.** Platinum is at **$1,737/oz** and palladium at **$1,343/oz**, both down today, while rhodium is flat at **$8,650/oz**. The 5-day trend is still better than the daily move, but with **oil hotter** and the dollar firm, sellers should stay tight on bids and move documented cats when the math works.

Copper — Current Indicators

• COMEX/Spot Copper: $6.63/lb, up +$0.0405 (+0.62%) day-over-day. Previous close: $6.58/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Copper is firm, and the tape is still green.** It’s at **$6.63/lb**, up about **4 cents** today, and it has finished higher in **3 of the last 5 sessions**. For scrap sellers, this means clean copper still has support, especially if your yard can move it before the market cools. Oil is hotter, and that helps keep the whole metals board from getting too soft.

Aluminum — Current Indicators

• LME Aluminum: $3,318/tonne ($1.50/lb), up +$0.0188 (+1.26%) day-over-day. Previous close: $1.49/lb.
• 5-day trend: ↑ 5 of last 5 sessions.

**Aluminum is firm right now at $1.50/lb, up about 2 cents and higher in five straight sessions.** Oil is hotter, and that can keep scrap buyers active while they chase margin and supply. If you’ve got clean, sorted aluminum, this is a decent time to get it in front of more buyers.

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): $381.00/mt (up +$15.00 (+4.10%) day-over-day).

Want to move PGM-bearing material, copper, aluminum, or steel scrap through competitive bidding? List your lots on SMASH Recycling and let vetted Canadian buyers compete for your scrap.