SMASH Recycling Morning Metals Report – June 19, 2026

Prices as of June 19, 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 — $4,152/oz ▼
• Silver — $64.70/oz ▼
• PGMs — Rh ▸ $8,000 · Pt ▼ $1,671 · Pd ▼ $1,240
• Copper — $6.35/lb ▼
• Aluminum — $1.54/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.4131

SMASH Recycling Takeaways for Today

• Gold & Silver — The selloff is still on. Move clean gold and silver lots now if they are ready, and do not hold back on mixed piles waiting for a bounce.
• PGMs — Platinum and palladium are both lower, while rhodium is flat. Get complete catalytic converters, cores, and documented loads out the door before more weakness hits.
• Copper — Copper slipped again. If you have near-ready red metal or clean wire, sell the best lots now and keep trash out of the load.
• Aluminum — Aluminum is the only metal higher today. Hold segregated clean grades a little tighter, but do not let dirty or mixed aluminum clog the yard.
• Big Picture — Only 1 of 8 metals higher today; 1 higher, 5 lower, and 2 flat, so this is a weak board and sellers should stay tight on documentation and move only the cleanest inventory.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $80.08/bbl, up $0.8200 (+1.03%) day-over-day.

US Dollar Index (DXY): 100.76, up 1.13 (+1.13%) day-over-day.

**Oil is firmer, but the dollar is doing the real damage.** Brent is up to **$80.08** a barrel, and the **DXY** is at **100.76**, which keeps pressure on metals priced in dollars.[1][2]

Higher rates are still the other risk. The **10-year yield** is at **4.49%**, and the **2-year** sits at **4.20%**. That keeps funding costs tight and makes buyers more cautious on the margin.[3]

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $4,152/oz, down $50.60 (-1.20%) day-over-day. Previous close: $4,203/oz.
• 5-day trend: ↓ 3 of last 5 sessions.

**Gold is taking a breather, not crashing.** Gold is around **$4,152/oz**, down about **1.2%** today and lower in **3 of the last 5 sessions** as a stronger **US dollar** and steady rate worries lean on prices.[1][4] With Brent holding near **$80.08**, the real pressure on your gold returns is the firm dollar, so expect softer bids from buyers and be picky about when you move clean, well-documented gold scrap loads.[4]

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $64.70/oz, down $0.9000 (-1.37%) day-over-day. Previous close: $65.60/oz.
• 5-day trend: ↓ 3 of last 5 sessions.
• Gold/Silver ratio: 64.2:1.

**Silver’s taking a breather, not a crash.** Silver is around **$64.70/oz**, down about **90 cents** today and lower in **3 of the last 5** sessions as the stronger U.S. dollar and rate worries lean on all precious metals. With the **gold/silver ratio near 64:1**, buyers still need clean silver scrap, so you can move decent lots here, but don’t expect yesterday’s numbers when the dollar is this strong.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,671/oz, down $19.00 (-1.12%) day-over-day. Previous close: $1,690/oz. MoM: -14.0%.
• Platinum 5-day trend: ↓ 3 of last 5 sessions.
• Palladium (Pd): $1,240/oz, down $20.00 (-1.59%) day-over-day. Previous close: $1,260/oz. MoM: -8.3%.
• Palladium 5-day trend: ↓ 3 of last 5 sessions.
• Rhodium (Rh): $8,000/oz, flat day-over-day. Previous close: $8,000/oz. MoM: -17.5%.
• Rhodium 5-day trend: → flat over last 5 sessions.

**PGM prices are soft again, and the strong dollar is doing you no favors.** Platinum and palladium are both down today, giving back ground in a market that was already trending lower, while rhodium is just sitting flat. With Brent around $80 and the DXY over 100, the dollar pressure is real, so treat this as a buyer’s market and be picky: move converters if you need cash, but shop hard for bids and don’t dump big PGM-heavy loads all at once.

Copper — Current Indicators

• COMEX/Spot Copper: $6.35/lb, down $0.0300 (-0.47%) day-over-day. Previous close: $6.38/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Copper slipped a bit, but the floor is still strong.** Copper is around **$6.35/lb**, down about **3 cents** today, with the dollar doing most of the damage as it pushes metals lower. The upshot for you: copper is still holding up, and it’s been green **3 of the last 5 sessions**, so it’s a decent spot to move ready material if you like the number.

Aluminum — Current Indicators

• LME Aluminum: $3,404/tonne ($1.54/lb), up +$0.0021 (+0.14%) day-over-day. Previous close: $1.54/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Aluminum is nudging higher, but the strong dollar is still sitting on its neck.** Aluminum is around **$1.54/lb**, up less than a cent, and has moved higher in **3 of the last 5 sessions**, so there’s a bit of support, not a breakout. With **Brent at $80.08** and the **DXY at 100.76**, energy and macro are firm, but the stronger dollar keeps a lid on how far scrap aluminum can run right now, so treat this as a slow grind, not a sprint.

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.