SMASH Recycling Morning Metals Report – June 30, 2026

Prices as of June 30, 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 — $3,999/oz ▼
• Silver — $58.46/oz ▲
• PGMs — Rh ▸ $7,750 · Pt ▼ $1,571 · Pd ▲ $1,213
• Copper — $6.19/lb ▲
• Aluminum — $1.42/lb ▲
• Steel Scrap — $413.00/mt ▸
• Macro Backdrop
• CAD — USD/CAD 1.4206

SMASH Recycling Takeaways for Today

• Gold & Silver — With gold down and silver up, push silver-bearing e-scrap and coins, but expect tighter payouts on karat and dental gold.
• PGMs — Palladium up, platinum down, rhodium flat: move complete cats and clean PGM lots now, but don’t fire-sale mixed or low-yield material.
• Copper — Copper popped again; this would have rewarded sellers, so use the strength to move borderline grades if buyers pay up.
• Aluminum — Aluminum bounced but faded last time; use today’s uptick to move clean extrusion, sheet, and zorba instead of waiting for another pop.
• Big Picture — Split tape today (4 up, 2 down, 2 flat) — don’t panic, just tighten spreads and let competition reveal the real market on each load.

Macro Backdrop — Energy and Risk

Brent Crude Oil: $74.57/bbl, up $1.01 (+1.37%) day-over-day.

US Dollar Index (DXY): 101.37, down 0.06 (-0.06%) day-over-day.

**Energy is a quiet risk today, not a panic.**

Brent crude is back up around **$74.57**, up about **1.4%** on the day, but still below last week’s mid‑70s to high‑70s range.[4][1] That move adds a little cost pressure, but it’s not enough to change how yards run loads or how buyers bid cats and shred.

Rates and the dollar say **“stay cautious.”** The **10‑year** sits near **4.38%** and the **2‑year** around **4.07%**, both a touch lower, but funding is still tight.[4] The **Fed rate** is stuck around **3.63%**, and the **DXY** is near **101.37** with **USD/CAD** at **1.4206**, so no real relief on currency or risk.[4] Net result: scrap buyers have cover to stay picky on ferrous and non‑ferrous, and you should lean on documentation and auctions to pull real bids out of that caution.

Gold — Safe-Haven Indicator

• Spot Gold (XAU): $3,999/oz, down $14.45 (-0.36%) day-over-day. Previous close: $4,014/oz.
• 5-day trend: ↓ 3 of last 5 sessions.

**Gold is still rich, but today it’s slipping, not ripping.** Gold is around **$3,999/oz**, down about **0.36%**, with 3 of the last 5 sessions red, not green.[4] With the dollar soft and energy just quietly firmer, buyers still feel no rush, so expect tight payouts on cats, karat, dental, and e‑scrap until the market shows real strength again.[4]

Silver — Industrial & Precious Hybrid

• Spot Silver (XAG): $58.46/oz, up +$0.2000 (+0.34%) day-over-day. Previous close: $58.26/oz.
• 5-day trend: ↑ 3 of last 5 sessions.
• Gold/Silver ratio: 68.4:1.

**Silver is firm, but not on fire.** It’s at **$58.46/oz**, up **20 cents** today, and the market has been up **3 of the last 5 sessions**. That keeps silver scrap in the money for sellers, while the **68.4:1 gold/silver ratio** and steady Brent around **$74.57/bbl** fit the same quiet, cautious tone.

Precious Metals (PGM) — Screen Indicators

• Platinum (Pt): $1,571/oz, down $7.00 (-0.44%) day-over-day. Previous close: $1,578/oz. MoM: -18.0%.
• Platinum 5-day trend: ↓ 3 of last 5 sessions.
• Palladium (Pd): $1,213/oz, up +$6.00 (+0.50%) day-over-day. Previous close: $1,207/oz. MoM: -9.4%.
• Palladium 5-day trend: ↑ 4 of last 5 sessions.
• Rhodium (Rh): $7,750/oz, flat day-over-day. Previous close: $7,750/oz. MoM: -11.9%.
• Rhodium 5-day trend: ↓ 3 of last 5 sessions.

**PGM prices are mixed, so you need to stay sharp on cats and core loads.** Platinum is slipping again, palladium is grinding higher, and rhodium is stuck but leaning lower. With energy only a mild cost risk and no big macro panic, buyers will stay picky, so you should expect tight spreads and shop bids before you move high-PGM material.

Copper — Current Indicators

• COMEX/Spot Copper: $6.19/lb, up +$0.0795 (+1.30%) day-over-day. Previous close: $6.11/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Copper is still rich, and today it got a little richer.** Copper is around **$6.19/lb**, up about **8 cents** on the day, with gains in **3 of the last 5 sessions**. With oil steady near **$74.57 Brent** and no big panic in energy, this move looks like regular buying, not a fear spike, so if you’ve got stripped wire or tubing ready, buyers should stay active on clean copper while this level holds.

Aluminum — Current Indicators

• LME Aluminum: $3,140/tonne ($1.42/lb), up +$0.0181 (+1.29%) day-over-day. Previous close: $1.41/lb.
• 5-day trend: ↑ 3 of last 5 sessions.

**Aluminum is edging higher, but not by much.** At **$1.42/lb**, it’s up about **2 cents** and has finished higher in **3 of the last 5 sessions**, so sellers have a little better tape than last week. Brent crude near **$74.57** adds a small cost nudge, but this is still a steady market, not a panic move.

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.