Metal recycling and recovery

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Balandžio 4, 2019

The month of April started with a fall of prices of almost all precious metals; not only price of gold, but also price of palladium have come down significantly. Seeing the trends of recent months, it may look strange that even palladium is currently costing so much less. The main reasons of the fall of precious metals prices are the depreciation of Indian rupees, the uncertainties about Brexit, the growing debts of certain countries (sources:,,
Gold currently costs $1292.13 an ounce; for a long time, its value has not fallen below $1300 an ounce. However, experts from believe, that this situation is temporary, and the prices of yellow metal will rise again. Anna Golubova, the expert from, says that the price of gold is heading towards to $1,400 an ounce, not $1,200 an ounce. Also, the Brexit situation has the benefit: major European investors are expanding their gold reserves (source:
The price of silver has not dropped drastically compared to gold; currently the metal costs $15.12 an ounce. Experts from say that silver, although is much cheaper than gold, is more stable in price crossover situations. It is expected that the price of white metal will recover to $15.5 an ounce in the near future; after that, it can be possible to expect a faster value growth (source: 

Palladium, which has been around $1,600 an ounce for some time, has now dropped its value to $1434.42 an ounce. Slower economic growth in the world, as well as not growing car sales in the US have a significant impact on this metal price change (sources:, However, experts from say, that this phenomenon is temporary and the price of palladium will rise again.
When almost all precious metals prices dropped this week, platinum stayed constant. Currently, the metal costs $851.71 an ounce. Car manufacturers, which were frightened by such a high price of palladium, are increasingly investing in platinum (source: The constant demand for the metal in the jewellery industry should also be considered: it further increases its widespread application and retains its value.

Copper, like platinum, remained stable during the week and even managed to increase its value to $6479.39 a tonne. The demand for the metal this year is growing significantly: investors want to revive a closed copper mine in Uganda, in Panama it is planned to invest $327 million for the development of an existing mine (source: It can be noticed that copper will flourish in the near future.