Metal recycling and recovery

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Balandžio 23, 2024

Precious metal prices have been steadily rising over the past few weeks, but it is common for prices to fall at some point. This was also the case this week, with most precious metals’ prices falling, but only marginally. Cnbc.com says that the military tension in the Middle East is affecting the changes in the value of metals. However, one can hope that these changes are temporary and that precious metal prices will recover in the near future.
The price of gold fell slightly. It is currently trading at $2,331.24 an ounce. Businesslive.co.za says that the geopolitical situation in the Middle East has the biggest influence on the movement of the gold price. However, experts believe that this change is temporary (source: Heraeus.com). Actionforex.com says that further forecasts for gold are positive. Experts also note that the price of gold has doubled in the last five years, so this metal proves a steady increase in its value (source: Dailynewsgypt.com). China continues its traditionally heavy investment in gold, being one of the largest and fastest-investing nations in the metal (source: Mining.com).
 

Balandžio 17, 2024

Precious metals are also doing well as April progresses. Their prices have risen again this week. Only palladium has difficult times, but nothing else can be expected for this metal. In general, there are many reasons that influence the rise in prices, but inflation, growing unrest between Israel and the aggressors, the never-ending war in Ukraine, the US presidential election and the impeachment of candidate Donald Trump that goes along with it, are some of the biggest reasons that add uncertainty to the future.
The price of gold continues to rise. It is currently trading at $2,385.10 an ounce. Heraeus.com says that geopolitical unrest has a lot to do with gold's growth. It is no longer news to experts that the Chinese are investing in gold, but such a large-scale investment has raised a new question - is China trying to control the price of gold? (sources: Thestandard.com.hk, Theprospectornews.com). The outlook for gold is favourable: some experts even believe that the metal could double in value this year (sources: Bullionworld.in, Zerohedge.com).
 

Balandžio 10, 2024

Significant changes in the precious metals market - the prices of all precious metals are increasing, and some are even very significant. Mining.com says that central banks are investing more intensively in precious metals at the moment - the source does not rule out the effects of inflation on this action. It is precisely because of the growing demand for metals that their value increases. We will see how long this period will last.
The price of gold is growing rapidly. It is currently trading at $2,338.02 an ounce. Think.ing.com says that gold is breaking new price records. And it seems that this is not the end. According to experts, the value of the metal may soon rise to $2,500 an ounce (source: Proactiveinvestors.co.uk). Xetra-gold.com says that the most expensive investment now is physical gold. Looking at the long-term perspective, it is positive for gold, with prices expected to reach as high as $3,000 an ounce this year (source: Forbes.com).
 

Kovo 27, 2024

This week the general trend can be observed - the prices of most of the precious metals fell minimally, only gold increased slightly. However, the changes are insignificant, so the forecasts for the future of precious metals do not change. Fxempire.com says that movements in the US dollar are also stalling, which could help some metals rise. So, even though no more pronounced changes can be seen this week, it can be said that most of the future forecasts for metals are realistic.
The price of gold increased slightly. It is currently trading at $2,172.93 an ounce. Privatebank.jpmorgan.com says that this quarter, and maybe even this whole year, is very favourable for gold. This is proven by the fact that big countries like China are buying more gold; Russia, meanwhile, is looking for its own ways to extract more of the metal (source: Tavexbullion.co.uk). But another trend is noticeable - Central and Eastern Europe invested 42% less in gold compared to last year - it is likely that the investment focus of these countries is in other areas (source: Wbj.pl).

Kovo 19, 2024

Precious metal prices are relatively stable this week. The prices of some metals barely fell, while the values of others even increased. Businesslive.co.za says the stronger US dollar is a hindrance for some metals to increase their value. However, it should be remembered that the exchange rate of this currency is constantly fluctuating, so it is likely that the situation is temporary. Capital.com says investors are also watching inflation data, which so far doesn't bode well, but it's helping some metals increase their value.
The price of gold has fallen minimally. It is currently trading at $2,162.15 an ounce. Metalsdaily.com says that inflation sometimes causes volatility in the decision-making of investors, who need time to decide what is worth investing in. However, gold has been one of the most reliable investments of all precious metals for many years. Meanwhile, in China, young investors are also fearlessly investing in the yellow metal (sources: Finbold.com, Straitstimes.com). Super.news predicts that the value of gold will rise to $2,500 an ounce.
 

Kovo 12, 2024

All precious metals rose this week. Some metals continue to see a bright future this year. Sources say that while the market is volatile, including factors such as the upcoming US presidential election, a fluctuating US dollar, inflation and geopolitical unrest, this is just the right opportunity for some metals to consolidate their value (source: Metalsdaily.com). So, now is a great opportunity for investors to expand their investment portfolios.
The price of gold continues to rise. It is currently trading at $2,184.2 an ounce. Forbes.com says that gold always shines in turbulent times, and investors should be increasing gold holdings now. This is what China has been doing for a long time, and continues to build up its metal reserves (source: Metalsdaily.com). Think.ing.com says that the price of gold will soon rise to $2,200 an ounce. And in the long term, we shouldn't be surprised to see gold rise to $2,250 an ounce (source: Forexlive.com).
 

Kovo 5, 2024

Precious metals are either holding steady or increasing their prices this week. Some metals even managed to increase their value significantly. Ig.com says that the falling value of the US dollar and high inflation fears had a significant impact. Metals such as gold and silver will certainly take advantage of this situation and be able to grow in value. Inflation fears are not likely to disappear for a long time.
The price of gold rose sharply. It is currently trading at $2,115.45 an ounce. Lbma.org.uk says that the metal has reached its highest value this year. The yellow metal is said to be looking even better than predicted, making gold one of the most valuable investment metals this year (source: Fxempire.com). Gold.org says that both central banks and investors will definitely invest more in gold this year, so before the price of the metal rises even more, it is worth filling your portfolio with investments in this metal.

Vasario 27, 2024

Precious metal prices fluctuate this week. The prices of some rose slightly, while others fell a bit. For now, the market situation is without major changes. However, the effects of ongoing inflation, the upcoming US presidential election and the slowing Chinese economy may affect the movement of metal prices, but the values of some metals are just rising in these conditions (source: Metalsdaily.com).
The price of gold rose. It is currently trading at $2,032.09 an ounce. Moneymetals.com says that central banks will continue to rapidly increase gold reserves over the next few years, so the metal remains an attractive investment. Experts also believe that gold is a reliable and valuable investment for investors (source: Economicobservatory.com). Although China's economy is slowing down, its young citizens are also heavily investing in gold (source: Malaymail.com). Investors can be sure about gold - these actions show that the yellow metal is a valuable investment.

Vasario 20, 2024

This week is a bit quieter in the precious metals market. Many precious metals rose in price, while some remained flat. Overall, the period in the market has subsided for now, but inflation may still have a leg up on some metals. Spring is likely to begin with elevated metals values (source: Metalsdaily.com).
The price of gold remained stable. It is currently priced at $2016.35 an ounce. Heraeus.com says that inflation is somewhat holding back the growth of gold's value. However, this situation seems to be temporary. Gold demand in China hit record highs in January (source: Moneymetals.com). In India, the demand for this metal has already increased in the last 4 months, especially before their wedding season (source: Brecorder.com). Smallcaps.com.au predicts strong price growth for both gold and silver. Gold is expected to rise to $2,065 an ounce in the near term (source: Fxstreet.com).

Vasario 13, 2024

This week, the prices of precious metals fell somewhat, only silver rose minimally. However, the decrease in prices is not large - it is not worth drawing long-term conclusions from such a change. Thehindubusinessline.com says that the changes in the prices of metals are influenced by both the fall in the US dollar and the different demand of central banks for metals (for example, it is higher for gold). Of course, geopolitical events and inflation should not be forgotten.
The price of gold fell a bit. It is currently priced at $2019.15 an ounce. Forexlive.com says that gold buying in China has fallen somewhat in recent weeks due to the ongoing annual holiday. However, this is a temporary phenomenon, as experts believe that the value of gold will increase further this year (source: Zerohedge.com). Nasdaq.com predicts that the demand for gold may even be record this year, so it is worth watching how the price of the metal changes in these months.