Last week was nothing, but a joy for many – the price of precious metals has raised. But spring started not that positively – stronger US dollar and slowdown in markets growth had an impact on a fall in prices of precious metals (Source: Uk.reuters.com). But the state of the currency and stagnation of market growth are not always constant, so metal prices can recover again soon.
The price of gold fell by almost US $ 40/OZ. The value of metal is the lowest compared to the last five weeks (Source: Reuters.com). Reduced yellow metal prices encourage investors and jewelery producers to buy gold even more (Source: Economictimes.indiatimes.com). Correspondents of Preciousyield.com say the future of gold is still vague - it is sensitive to economic change, but central banks are buying a record high quantity. Source Scrapregister.com believes gold will cost between US $ 1,280 - US $ 1,340 in March.
 

When reviewing precious metal curves from previous and next months, experts from Preciousyield.com say that the price curves for silver and gold are very similar, although silver has sometimes grown faster. This is likely to continue, and only a surplus of silver can be an obstacle for a faster growth of value. However, the source Kitco.com believes that this year the price of white metal will grow significantly. Source Marketwatch.com calls to start investing in silver right now.
 
The price of palladium has fallen for the first time in recent weeks, although it is still in a strong position. Mine works have become more active, but it is not possible to meet such a high demand for metal. Interestingly, natural customers who have felt the rise in metal prices are selling palladium-based equipment to metal buyers. This is a very good step - the recycling of unnecessary equipment becomes more active and metal reserves are increasing (Source: Bloomberg.com).
Platinum, like silver, has a huge surplus – this metal would be sufficient even for 6 years (Source: Kitco.com). However, the very high price of palladium and its deficit threatens car manufacturers and they are looking for ways to use platinum instead. The price of platinum is expected to rise in the coming years (Source: Miningmx.com).
 

 
The price of copper has fallen insignificantly - it can be seen that its value has been great in the last few weeks. As expected, copper demand will increase in recent years. Major mines of this metal are also expanding: the Peruvian government is planning to allow the construction of a large copper mine for “Southern Copper”; Project Value: 1.4 Billion US $ (Source: Mining.com). “Codelco”, the largest copper mine in the world, should increase its profits by as much as US $ 4 billion during the year.