Metal recycling and recovery

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Rugsėjo 29, 2021

Prices for almost all precious metals, except gold, have recovered this week. While the rise in prices this week is not significant compared to the last week, when metal values fell sharply, it is still a positive indicator. It is difficult to predict how metal prices will change now - it is worth watching how prices will change in October and expect that they will recover even more by the end of the year.
The price of gold fell to $ 1,751.49 an ounce. According to, the biggest impact on the fall in the price of gold this week was the recovery of the US dollar. However, the price falls of recent weeks are not yet a verdict of the daily declining value of gold. Experts from believe that the yellow metal will shine again and its price will recover. suggests that by the end of the year, the value of gold will return to its former position: the metal will cost $ 1,900-2,000 an ounce.
Silver rose to $ 22.65 an ounce. According to, the price of silver rose as the US dollar recovered. claims that the use of silver in IoT, automotive, aviation and other industries is growing. Mexico is becoming one of the major miners of silver as the demand for this metal increases worldwide (source: The price of silver will not fall below the $ 22 an ounce limit in the near future (source: recommends monitoring the exchange rate of the US dollar, as it is strongly related to changes in the price of silver.
The price of palladium rose to $ 1975.99 an ounce. Platinum also rose to $ 986 an ounce. The crisis in the car market will not go away in the coming year, so it is unrealistic to expect palladium or platinum prices to rise so far. says palladium will cost $ 2,000 an ounce - the price should not fall below. And platinum should not grow more than $ 1,030 an ounce (source: and predict that the chip shortage will indeed continue until 2022. This crisis is really big - car manufacturers will suffer $ 210 billion loss this year (source:

The price of copper rose to $ 9347.6 a tonne. The Evergrande crisis seems to have subsided somewhat and the demand for copper is growing again. China is increasing metal reserves, and not stopping investment in the development of new copper mines (source: The price of copper may continue to rise potentially.