SMASH Recycling Morning Metals Report – June 17, 2026

Prices as of June 17, 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 — $4,327/oz ▼
• Silver — $69.71/oz ▼
• PGMs — Rh ▸ $8,000 · Pt ▼ $1,781 · Pd ▼ $1,331
• Copper — $6.52/lb ▲
• Aluminum — $1.55/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.3996

SMASH Recycling Takeaways for Today

• Gold & Silver — Both are slightly down after a strong run, so keep normal gold/silver flows moving and avoid panic discounts on clean jewelry, coins, and bars.
• PGMs — With platinum and palladium down and rhodium flat, sort and hold your best cat cores for competitive bids instead of dumping mixed, dirty units.
• Copper — With copper up around $6.52, push out No.1/No.2 and insulated wire this week rather than gambling on a big spike.
• Aluminum — After getting burned on last week’s drop, tighten buys on low-grade aluminum and focus on moving clean rims, extrusion, and siding while it’s steady.
• Big Picture — Only 2 of 8 metals are up (copper, aluminum), so price hard, move clean inventory, and don’t chase weak precious metal pops.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $79.76/bbl, up $0.0900 (+0.11%) day-over-day.

US Dollar Index (DXY): 99.65, down 0.10 (-0.10%) day-over-day.

**Energy is quiet, but risk is still in the air.**

Brent is sitting around **$80** and barely moved, so fuel is not the big story today. The dollar index is soft and USD/CAD is near **1.40**, which helps support metal prices in local currency even if benchmarks don’t move much. With 10‑year yields still near **4.5%** and real yields above **2%**, money is paid to sit in bonds, not chase risk.

Rate expectations and inflation are drifting lower, not spiking higher, which takes some panic out of the market. That said, high real yields can lean on gold and risk assets, while a softer dollar can do the opposite. Net result: macro is sending a mixed but stable signal. You don’t need to rush, but you do need to price loads with the dollar and fuel still in mind.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,327/oz, down $4.10 (-0.09%) day-over-day. Previous close: $4,331/oz.
• 5-day trend: ↑ 3 of last 5 sessions.

**Gold is catching its breath, not crashing.** Spot gold is around **$4,327/oz**, down a hair today, after rising in **3 of the last 5 sessions**.[6] With the dollar a bit softer and oil sitting quiet around **$80 Brent**, fuel isn’t the story, so you don’t need to rush or panic-load; keep pulling gold from cats, boards, and jewelry, and use the calm tape to tighten your testing, photos, and paperwork so buyers feel good paying up for clean, well-documented gold scrap.

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $69.71/oz, down $0.4055 (-0.58%) day-over-day. Previous close: $70.12/oz.
• 5-day trend: ↑ 4 of last 5 sessions.
• Gold/Silver ratio: 62.1:1.

**Silver is taking a small breather after a strong week.** Silver sits around **$69.71/oz**, down about **41 cents** today, but it’s still up in **4 of the last 5 sessions**, so bids on clean, documented silver scrap should stay decent if you shop it around. With the **gold/silver ratio near 62:1** and oil near **$80 Brent**, fuel isn’t the story right now — focus on tight pictures, clear weights, and making buyers compete instead of dumping good silver on the first lowball.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,781/oz, down $21.00 (-1.17%) day-over-day. Previous close: $1,802/oz. MoM: -10.2%.
• Platinum 5-day trend: ↑ 3 of last 5 sessions.
• Palladium (Pd): $1,331/oz, down $7.00 (-0.52%) day-over-day. Previous close: $1,338/oz. MoM: -5.2%.
• Palladium 5-day trend: ↑ 3 of last 5 sessions.
• Rhodium (Rh): $8,000/oz, flat day-over-day. Previous close: $8,000/oz. MoM: -18.8%.
• Rhodium 5-day trend: → flat over last 5 sessions.

**PGM prices are soft today, so don’t expect buyers to chase every load.** Platinum and palladium are both down a bit, even though they’ve been green 3 of the last 5 sessions, so it’s more a pause than a crash. Rhodium is stuck around $8,000 and hasn’t moved, so plan your cat pulls and PGM sales on steady, not crazy, numbers right now.

Copper — Current Indicators

• COMEX/Spot Copper: $6.52/lb, up +$0.0255 (+0.39%) day-over-day. Previous close: $6.49/lb.
• 5-day trend: ↑ 5 of last 5 sessions.

**Copper’s still grinding higher, not spiking — so keep the cats moving.** Copper is around **$6.52/lb**, up about **3 cents** and green **5 days in a row**, but the move is slow, not wild. With oil sitting near **$80** and calm, this looks like steady strength, not a panic run, so you can keep selling normal No.1/No.2 and insulated wire instead of gambling on a big jump.

Aluminum — Current Indicators

• LME Aluminum: $3,412/tonne ($1.55/lb), up +$0.0082 (+0.53%) day-over-day. Previous close: $1.54/lb.
• 5-day trend: ↑ 4 of last 5 sessions.

**Aluminum is firm, but not hot.** It’s at **$1.55/lb**, up a hair today, and it has now climbed in **4 of the last 5 sessions**. For scrap sellers, that says clean, sorted aluminum still has a bid, but this is not the time to get lazy on grade or mix in trash.

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.