Gold took a big hit but the other scrap metals did not lose too badly at all. Friday's are the end of the week for many people and many of the companies that buy scrap from scrap yards have already made their big purchases during the first part of the week. Therefore, it would be wise to sell the majority of your scrap metal Monday thru Thursday morning in order to secure the best prices.
If you have to, then you must but you do not have to recycle your scrap metal everyday. A growing number of scrappers are starting to stockpile metal scrap in their yards and garages. They do this because it gives them a chance to separate their metals and it allows them to build up huge 3 to 5 thousand pound loads of scrap metal. This can save you a ton of gas, especially the gas that you waste sitting in lines at scrap yards. One of the best things about using this method is that if you have over 500 pounds of scrap metal the majority of scrap yards will come and pick the metal scrap up for free, take it back to be weighed and will still pay you cash on the spot.