This week has some interesting trends: gold and palladium prices rose, but prices of other metals - fell down. The weaker US dollar should provide more stability for all metals, but there are more factors that influence different price graph movements of precious metals.
Gold currently costs $1296.86 an ounce. There are two main reasons why the price of this metal has recovered: 1) The weaker US dollar has always had a positive impact on gold price; 2) US President Donald Trump says, that China-US relations are improving - meaning that the trade war between these two countries may not be as intense (sources: Fxstreet.com, Forextime.com). Until the gold price has risen only slightly, Russia continues to increase its reserves (source: Rt.com). According to Whatinvestment.co.uk, if the price of gold in the precious metal market may seem to be weak, this metal is still very reliable.
 
Silver is currently priced at $14.8 an ounce. Compared to the previous week, its price has fallen very little. Experts say that the “calm” silver price graph is a sign of positive news for the future. It is believed that the price of white metal, including gold, will rise in the near future (sources: Kitco.com, News.goldseek.com). Experts from Etfdailynews.com believe, that it is a good time to invest in silver.
 
The price of palladium has increased - currently it costs $1339.18 an ounce, and platinum - $857.57 an ounce. However, both metals are not very strong now. The main reason for this is the drop of car sales in major countries like India and China (sources: Manufacturing.net, Xinhuanet.com). According to Mining-journal.com, this year, investors may see a shortage of platinum reserves. Zimbabwe invests $4 billion to the platinum mine (source: Bloomberg.com).
 

 
The price of copper has fallen sharply - metal is currently costing $6060.51 a tonne. The US-China trade war has a biggest impact on copper price. Falling car sales also have a significant impact on the current copper price. However, there are good news: Aurubis, the largest copper mine in Europe, has increased its profits by 15% this year; the Canadian mine Orvana has also improved its profit record (source: Mining.com).