This week, the prices of precious metals remained in quite similar positions, the changes are not significant. Usfunds.com says that gold and copper are currently leading the bullion market, with values rising rapidly this year and looking set to continue. In general, experts believe that the current period will be quite stable for many metals, we will see more pronounced changes in the prices of those metals that are already in high positions (source: Metalsdaily.com).
The price of gold has fallen minimally. It is currently trading at $2,326.82 an ounce. Perthmint.com says that for now the yellow metal is breaking its price records and could increase its value even more in the summer. However, experts believe that it is still necessary to monitor market changes. Cityindex.com says that for some time the price of gold may stagnate and stop growing. At the moment, the growth of the gold price is greatly influenced by both China's rapid increase in metal reserves and central banks' investment in this metal, but if at least one of them stops investing in gold, then the increase in its value will slow down (sources: Jingdaily.com, Heraeus.com). It is worth watching the developments in the Chinese market to see if it slows down.
 
The price of silver is recovering. It is currently trading at $27.46 an ounce. Fxstreet.com says the metal is recovering even as the US dollar weakens. Forecasts are favourable for the metal. Experts believe that this year will be a beneficial time for silver to increase its value (source: Metalsdaily.com). As the demand for 5G technology grows, the demand for silver will not decrease either (source: Heraeus.com).
 
Palladium is in a similar position, currently trading at $989.76 an ounce. Heraeus.com says that schemes are being developed in China to use palladium in the production of electric cars, but in the larger perspective, these developments will not have a significant impact on the value of this metal.
Platinum is currently trading at $960.03 an ounce. Pv-magazine.com claims that there is a growing demand for the metal in the hydrogen-powered car manufacturing sector. Experts note that platinum is currently recovering quickly and this is potentially a good sign for investors (source: Heraeus.com). However, the long-term forecasts for this metal are still vague, so it is worth watching further changes in the price of the metal.
 

 
The value of copper fell minimally, but still remains in a high position. It is currently priced at $10,120.76 a tonne. As demand for the metal grows, new mine projects are being developed (source: Mining.com). This year seems to be very favourable for copper.