SMASH Recycling Morning Metals Report – August 14, 2026

Prices as of August 14, 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.

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• Gold — $4,379/oz ▲
• Silver — $64.93/oz ▲
• PGMs — Rh ▲ $8,800 · Pt ▲ $1,739 · Pd ▲ $1,300
• Copper — $6.59/lb ▲
• Aluminum — $1.47/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.3938

SMASH Recycling Takeaways for Today

• Gold & Silver — Move clean precious-metal lots now and lock pricing if you have exposure; both are higher today, but recent swings mean you should not sit on mixed material waiting for a bigger pop.
• PGMs — Push platinum, palladium, and rhodium-bearing material while bids are firm, and make sure the lots are sorted and documented so buyers do not chip you for uncertainty.
• Copper — Hold back dirty or mixed copper if you can, and strip the contamination before you sell; this tape still rewards clean, well-graded wire and torch scrap more than problem loads.
• Aluminum — Separate aluminum by grade and pull out any trash, steel, or plastic before you move it; thin margins disappear fast when buyers see a dirty load.
• Big Picture — 7 of 8 metals higher today, so the board is leaning firm, but sellers still win by offering clean material and shopping the load instead of taking the first number.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $87.56/bbl, up $0.6400 (+0.74%) day-over-day.

US Dollar Index (DXY): 99.60, down 0.21 (-0.21%) day-over-day.

**Energy is firmer, and that keeps risk price support in play.** Brent is up to **$87.56** a barrel, while the dollar is softer. That usually helps metals hold ground and keeps inflation nerves alive.[1]

**Rates are still heavy, but they eased a bit today.** The 10-year yield sits at **4.68%**, and real rates are about **+2.44%**. That is still a drag for gold and silver, but the weaker DXY at **99.6** takes some pressure off for now.[1]

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,379/oz, up +$19.10 (+0.44%) day-over-day. Previous close: $4,360/oz.
• 5-day trend: ↑ 3 of last 5 sessions.

**Gold is still holding near the top, and that keeps clean scrap in focus.** Spot gold is at **$4,379/oz**, up **$19.10** on the day, with the tape up **3 of the last 5 sessions**. Softer **DXY** and firmer **energy** are giving the market support, so documented lots and clean separation still matter.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $64.93/oz, up +$0.4535 (+0.70%) day-over-day. Previous close: $64.47/oz.
• 5-day trend: ↑ 3 of last 5 sessions.
• Gold/Silver ratio: 67.4:1.

**Silver is firm at $64.93 an ounce, and that keeps scrap silver in play for clean lots and good docs.** The market is up 0.70% today, with the 5-day trend higher in 3 of 5 sessions, while a gold/silver ratio of 67.4:1 still leaves room for buyers to chase the right material.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,739/oz, up +$29.00 (+1.70%) day-over-day. Previous close: $1,710/oz. MoM: +3.9%.
• Platinum 5-day trend: ↑ 3 of last 5 sessions.
• Palladium (Pd): $1,300/oz, up +$8.00 (+0.62%) day-over-day. Previous close: $1,292/oz. MoM: +0.1%.
• Palladium 5-day trend: ↑ 3 of last 5 sessions.
• Rhodium (Rh): $8,800/oz, up +$75.00 (+0.86%) day-over-day. Previous close: $8,725/oz. MoM: +8.6%.
• Rhodium 5-day trend: ↑ 3 of last 5 sessions.

**PGMs are firmer today, but this is still a selective market for scrap sellers.** Platinum is at **$1,739/oz**, palladium at **$1,300/oz**, and rhodium at **$8,800/oz**, with all three up and each higher in **3 of the last 5 sessions**[1]. Energy is also supportive, with Brent at **$87.56** and the dollar softer, which can help keep bids steady for clean, documented cat loads[1].

Copper — Current Indicators

• COMEX/Spot Copper: $6.59/lb, up +$0.0055 (+0.08%) day-over-day. Previous close: $6.59/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Copper is still firm at $6.59/lb, and the tape is leaning up.** It gained less than a cent today, but the 5-day trend is better, with gains in 3 of the last 5 sessions. Softer dollar action and firmer energy keep some support under the market, so clean copper can still draw better bids.

Aluminum — Current Indicators

• LME Aluminum: $3,250/tonne ($1.47/lb), up +$0.0037 (+0.25%) day-over-day. Previous close: $1.47/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Aluminum is firmer today, and clean loads are getting a better look.** Price is at **$1.47/lb**, up a hair, and the market has climbed in **3 of the last 5 sessions**. Softer dollar action and firmer energy are keeping support under the tape, but dirty or mixed aluminum still gets clipped.

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 Recycling and let vetted Canadian buyers compete for your scrap.