March can be described as non-volatile – the prices of precious metals have rose and fell. At the moment, almost all metals have recovered again, except for palladium, which is a bit weird, because this metal had record-breaking price for a quite long time. The US dollar is recovering, inflation is rising, so it is not clear what prices of metals can be expected on the next week (sources: Uk.reuters.com, Livemint.com).
The price of gold has risen by almost $10 an ounce compared to the last week. The price growth is not huge but significant. According to Forexlive.com, gold should be less affected by the economic changes in the world. In China, for example, economic growth has slowed down, the country imports less yellow metal, but so far it has no effect on gold value (source: Brecorder.com). Every time the experts have different predictions of metal price growth – now gold is expected to cost around $1,350 an ounce by the end of the year (source: Fxstreet.com).
 
The price of silver has risen slightly and currently is $15.45 an ounce. According to Fxempire.com, silver can be expected to fall to $ 15 an ounce, but by the end of the year the metal can cost $16 an ounce, which means that the growth of this metal is slower and less consistent, comparing with other metals. However, the experts of Fxstreet.com say, that white metal is recovering and this year should be a success.
 
The price of palladium has fallen: it is currently $1546.26 an ounce. But this price drop is temporary: the Russian ban on scrap palladium imports no longer has an impact on the metal price: experts believe, that it will grow by 14%, it can cost even $1800 an ounce (source: Etfexpress.com).
The value of palladium increased by almost $7 an ounce. Although the demand for this metal in the jewellery industry has decreased in China, Japan sees the long-term perspective of platinum: an innovative country sees a wide use of metal starting from the car manufacturing market to other niche markets (sources: Platinuminvestmen.com, Heraeus.com).
 

 
The price of copper has fallen slightly – it is currently $6,311.83 a tonne. The issues in global markets have an impact on the volatility of this metal price, but it is not constant. The Chinese, Canadian mines thrive, the largest mine in Chile is investing in artificial intelligence that would ease the daily routine for the workers (source: Mining.com).