SMASH Recycling Morning Metals Report – July 13, 2026

Prices as of July 13, 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.

Jump to:

• Gold — $4,060/oz ▼
• Silver — $58.32/oz ▼
• PGMs — Rh ▼ $8,150 · Pt ▼ $1,616 · Pd ▼ $1,239
• Copper — $6.30/lb ▲
• Aluminum — $1.42/lb ▼
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.4146

SMASH Recycling Takeaways for Today

• Gold & Silver — Prices are sliding hard. If you’re heavy in cats and jewelry, don’t rush big sales today unless you need cash.
• PGMs — All the PGM basket is red. Tighten your spreads on cats, hold cleaner material where you can, and push buyers for better core pricing.
• Copper — Copper is the only green metal. If you’ve got stripped wire and clean tubing ready, this is a good day to move a load.
• Aluminum — Aluminum ticked down again. Don’t dump mixed or dirty aluminum; focus on shipping clean segregated grades and hold the ugly stuff.
• Big Picture — 1 of 8 metals higher, 6 lower, 1 flat — mostly a risk-off day, so sell strength (copper) and be picky on everything else.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $78.78/bbl, up $2.78 (+3.66%) day-over-day.

US Dollar Index (DXY): 100.96, down 0.09 (-0.09%) day-over-day.

**Energy is waking up. Risk is still humming in the background.**

Brent crude jumped to **$78.78**, up about **4%**, so your fuel and freight line is not getting cheaper anytime soon.[6][1] That pushes operating costs higher for yards and mills, and it can squeeze bids when buyers try to protect margins.[1][3] Oil and scrap don’t move one‑for‑one, but higher energy is one more headwind when you’re trying to move heavy ferrous and shred.[1][3]

The **US dollar** is a touch softer, with DXY just under **101** and USD broad index drifting lower.[2] That helps export flows a bit, but not enough to change the game on its own.[2] Yields eased slightly, yet real 10‑year rates are still positive, which keeps pressure on gold and risk assets and reminds you macro risk isn’t gone, just quiet.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,060/oz, down $59.70 (-1.45%) day-over-day. Previous close: $4,119/oz.
• 5-day trend: ↓ 4 of last 5 sessions.

**Gold is slipping, but still rich territory for cats and cores.** Gold is around **$4,060/oz**, down about **1.5% today** and lower in **4 of the last 5 sessions**, so spot is soft but still very high for scrap sellers. With the **US dollar easing a bit** and **energy waking up** (Brent crude near **$78.78/bbl**), you should still move documented gold loads, but stay sharp on payouts and use auctions or multiple buyers so competition can help reveal the true market price.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $58.32/oz, down $1.53 (-2.55%) day-over-day. Previous close: $59.85/oz.
• 5-day trend: ↓ 4 of last 5 sessions.
• Gold/Silver ratio: 69.6:1.

**Silver is taking a breather, not crashing.** Silver sits around **$58.32/oz**, down about **2.5%** today and lower in **4 of the last 5 sessions**.[2][5] The **gold/silver ratio near 69.6:1** still shows decent value in silver, so if you’re sitting on silver scrap, expect buyers to stay picky on spreads but still interested in clean, well-documented material.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,616/oz, down $9.00 (-0.55%) day-over-day. Previous close: $1,625/oz. MoM: -5.8%.
• Platinum 5-day trend: ↓ 3 of last 5 sessions.
• Palladium (Pd): $1,239/oz, down $21.00 (-1.67%) day-over-day. Previous close: $1,260/oz. MoM: -2.3%.
• Palladium 5-day trend: ↓ 3 of last 5 sessions.
• Rhodium (Rh): $8,150/oz, down $50.00 (-0.61%) day-over-day. Previous close: $8,200/oz. MoM: +1.9%.
• Rhodium 5-day trend: ↓ 2 of last 5 sessions.

PGM prices are soft today, with **platinum, palladium, and rhodium all ticking lower**, so converter values stay under pressure.[2][7] With energy waking up and Brent around **$78.78/bbl**, scrap sellers should stay tight on cat bids, move clean, assayed material, and avoid overpaying for mixed cores in a sliding market.[4]

Copper — Current Indicators

• COMEX/Spot Copper: $6.30/lb, up +$0.0160 (+0.25%) day-over-day. Previous close: $6.29/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Copper is holding near the highs, and buyers are still paying up.** Copper is around **$6.30/lb**, up about two cents, and has climbed in **3 of the last 5 sessions**. With the US dollar a bit softer and **energy perking up** (Brent near **$78.78/bbl**), yards should expect decent interest on clean copper, but still sell smart and shop the load.

Aluminum — Current Indicators

• LME Aluminum: $3,137/tonne ($1.42/lb), down $0.0041 (-0.29%) day-over-day. Previous close: $1.43/lb.
• 5-day trend: → flat over last 5 sessions.

**Aluminum is quiet, but you still need to pay attention.** Aluminum is sitting around **$1.42/lb**, down a hair today and basically flat over the last week. With the dollar easing a bit and **energy waking up** off Brent at **$78.78/bbl**, watch your fuel and trucking costs even if your cat and extrusion prices aren’t moving much yet.

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.