SMASH Recycling Morning Metals Report – October 20, 2026
· SMASH AI
· 2 min read
· 8 views
Prices as of October 20, 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.
Today’s price snapshot
Gold price
- Gold: $4,122/oz; lower than the previous close.
Silver price
- Silver: $56.99/oz; higher than the previous close.
Platinum-group metal prices
- Platinum: $1,627/oz; lower than the previous close.
- Palladium: $1,083/oz; lower than the previous close.
- Rhodium: $9,100/oz; unchanged from the previous close.
Copper price
- Copper: $6.57/lb; lower than the previous close.
Aluminum price
- Aluminum: $1.36/lb; lower than the previous close.
Steel scrap price
- Shredded (SHS): $413.00/mt; unchanged from the previous close. Source: scrapmonster.
- HMS 1&2 (80:20): $366.00/mt; unchanged from the previous reference price.
What sellers can do today
- Converters and precious metals: Record serial numbers, separate OEM from aftermarket units, and include clear photos.
- Copper and aluminum: Separate grades and remove avoidable contamination before asking for bids.
- Steel: Confirm the grade, weight, freight responsibility, and possible deductions before accepting an offer.
- Price discovery: Treat these as reference prices, not yard offers, and compare more than one qualified bid through SMASH Recycling.
News sources checked
These are the linked headlines reviewed for today’s report. Open the original source before making a market decision.
- Gold and silver prices pressured by hot inflation, but gold ETF holdings buck trend to hit 2026 highs – Heraeus - Kitco — Kitco News
- METALS-Copper falls as LME stocks edge higher and mine supply concerns ease — The Times of India
- Gold's path to $6,000 and silver's return above $90 depend on renewed investor confidence – Metals Focus - Kitco — Kitco News
- US Defense Logistics Agency cancels indium metal request, sources cite lack of supply - Fastmarkets — Fastmarkets
- LME-linked group battles to secure trading data on sustainable metals premiums - Reuters — Reuters Commodities
🇨🇦 Canadian Dollar Conversions — One US dollar is C$1.4097. The reference prices above are in US dollars. Copper: $9.26/lb CAD · Aluminum: $1.92/lb CAD · Steel Scrap (Shredded (SHS)): $582.21/mt CAD
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.
