Precious metal prices fluctuate this week. The values of some remain constant, while others fall slightly, and, for example, copper has increased strongly. Uk.finance.yahoo.com says that there are a number of factors influencing metal price movements, but the weakening of the US dollar this week has had an immediate impact on the value of some metals. Recent developments are indeed worthy of further monitoring.
The price of gold remains stable. It is currently trading at $2,333.75 an ounce. Gold.org says that demand for the metal was up significantly in the first quarter of this year, with mining activity up by 4%. Experts say that the large Chinese investments in this metal and the very fact that the metal is a reliable investment in difficult times have contributed to the increased demand for gold - this has been taken into account by many investors (sources: Scmp.com, Am.lombardodier.com). India's demand for gold rose by 8% last month (source: Indianexpress.com). Some investors sell gold during this period, they want to make money. Others, on the contrary, increase its reserves. We will see in the course of the year which strategy is more favourable in this period.
 
The price of silver fell minimally. It is currently priced at $27.09 an ounce. Fxleaders.com says that silver is sensitive to both changes in the US dollar and geopolitical tensions. As a result, the price of the metal fluctuates. Nt.news.com.au says that the demand for the metal has increased and the shortage is strongly felt, so perhaps this reason will not allow the price of silver to fall and this year the metal will manage to increase its value, which observers have boldly predicted.
 
Palladium is falling, currently trading at $980.27 an ounce. Heraeus.com says that palladium production in Russia is seen to be recovering, but this does not have a significant impact on the price of the metal. Experts state that the weakened car manufacturing sector also does not strengthen the position of this metal (source: Xm.com).
Platinum rose to $951.73 an ounce. For now, the future of this metal is unclear. Falling car production also affects the demand for the metal, so experts believe that the value of platinum will remain in a similar position in the near term (sources: Xm.com, Heraeus.com).
 

 
Copper continues to break price records. It is currently priced at $10315.87 a tonne. Mining.com says that China's recovering economy is having a significant impact on copper value growth, with demand for the metal rising.