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Gegužės 12, 2021

Precious metal prices have risen this week, only palladium has fallen slightly. It can be seen that the precious metals market has been very volatile recently, with prices falling and then rising sharply. At present time, this is mainly influenced by inflation - in some countries it is felt stronger, in others – it is not existent yet (source: Ai-cio.com). It is difficult to predict the future of some metals when the market is very volatile. Of course, the global pandemic, which brings a number of other economic challenges, must not be ruled out either.
The price of gold rose to $ 1836.41 an ounce. It seems that the current situation should be favorable for gold. The fall of the US dollar has had a positive effect on the gold price rise (source: Reuters.com). Sharpspixley.com says that the price of the yellow metal should also rise during inflation. According to Techbullion.com, it is definitely worth thinking about investing in gold this year: its value does not fall during inflation, the demand for metal is growing, and the world's central banks are stocking up metal reserves - it is worth following their example.

Gegužės 5, 2021

Precious metals are increasing their values this week, only the price of palladium has fallen slightly. Metal prices may rise further in recent weeks, but it is difficult to predict how they will be in the long run. Some metals are promised a bright future due to their growing demand, while others may drop in values. According to Metalsdaily.com, the situation will be clearer at the end of the summer, when it will be possible to more accurately predict how this year for precious metals will end.
The price of gold rose to $ 1,792.51 an ounce. In China, demand for gold increased by as much as 93.9% in the first quarter of this year, compared to the same period of the last year (source: Forexlive.com). However, the growth in demand for the metal does not yet guarantee that its price will continue to rise. Reuters.com says that the yellow metal should remain in a similar value position; a lot will also depend on the exchange rate of the US dollar. Finbold.com predicts that the average price of gold will be $ 1,700 an ounce this year, and $ 1,600 an ounce in 2022.

Balandžio 28, 2021

Precious metal prices look quite good this week - some metals have even reached its record high positions. Precious metals are not expected to fall in the second quarter of this year. Heraeus.com says that each metal has its own reasons why their price should not fall. Reviewers from this source are also convinced that metal prices should even rise. And this week it can already be noticed.
The price of gold rose to $ 1,782.07 an ounce. Fxstreet.com says that the yellow metal is stuck so far - its price has been in a similar position in recent weeks. However, the light at the end of the tunnel is already visible - the demand for gold for jewelry is growing rapidly in India (source: Sbma.org.sg). Blog.magnifi.com says that gold imports in China are also expected to grow potentially in the near future. According to Gold.org, investors' attention for gold is not disappearing.

Balandžio 22, 2021

The prices of all precious metals have risen this week. This is a rather rare phenomenon in recent times and it happened largely due to the fall of the US dollar (source: Reuters.com). However, experts do not stop to talk about inflation - the phenomenon is constantly approaching, and according to some sources, it has already reached some countries (source: Forbes.com). It is worth considering  investment choices now before inflation has picked up.
The price of gold rose to $ 1771.60 an ounce. According to Gold.org, the fall of the US dollar had the biggest impact on the rise in the price of the yellow metal, with the world's central banks rapidly increasing their gold reserves. China is also ready for large volumes of gold imports (source: Fxstreet.com). The demand for gold jewelry in India is growing as their traditional wedding season approaches (source: Business-standard.com). Uk.investing.com says that the price of gold could potentially rise to $ 1,800 an ounce in the near future.

Balandžio 14, 2021

Precious metals remained fairly stable during this week, only the value of palladium rose significantly. From the graphs of price changes, it can be seen that at the end of last week, most metal prices had reached their highest positions in the whole week. One thing is clear, it is still difficult to predict how exactly metal prices will change, as it is said that inflation has already reached the US and what will happen next remains to be seen (source: Reuters.com).
The price of gold rose to $ 1,733.42 an ounce. Marketwatch.com says that inflation will have a positive impact on the yellow metal - the price of gold is expected to rise even more than expected during this period. According to Scrapmonster.com, investment in gold rose quite strongly in March. It is worth expecting that the price of gold will recover somewhat next week.

Balandžio 7, 2021

Precious metal prices are recovering little by little again. Fxstreet.com confirms that inflation is approaching. As this phenomenon approaches, experts recommend investing in valuable investment assets like works of art, precious metals (source: Markets.businessinsider.com). As long as metal prices have fallen, investing in them is definitely worth it.
The price of gold rose to $ 1,728.48 an ounce. Reuters.com says that the value of the yellow metal recovered fairly quickly compared to the previous period. But it will be a big challenge for the metal to maintain this or a higher price next week. Experts from Bullionvault.com believe that investing in gold is a great option now - expecting good returns in the future. The price of gold this year is expected to be around $ 1,800 an ounce (source: Fxstreet.com).

Kovo 31, 2021

All precious metal prices have fallen slightly this week compared to the last week. This situation is mainly affected by the strengthening US dollar, the approaching inflation, the continuing pandemic and the relatively slow vaccination of people (sources: Cnbc.com, Bnnbloomberg.ca). It should come as no surprise that metal prices may continue to fall in the coming weeks.
The price of gold fell to $ 1,711.46 an ounce. While the drop in price compared to the last week is not very large, it may show another negative sign - the metal may continue to slowly but steadily decline in value. As the value of the yellow metal falls, its demand, especially in the jewelry industry, is growing (source: Scmp.com). Sharpspixley.com says that the value of gold will fall below the $ 1,700 an ounce threshold. Reviewers from Investinghaven.com do not currently recommend investing in gold - they are urging to observe the price of the metal for some time.

Kovo 24, 2021

Precious metal prices are very different this week, there is no general trend. The prices of some metals rose slightly, while others fell. However, compared to the last week, it can be seen that the values of metals are in a similar position. Uk.finance.yahoo.com says that inflation will certainly be felt in many countries, but it will not last long; it is still difficult to judge whether this will have a significant impact on precious metal prices.
The price of gold rose to $ 1,739.33 an ounce. The value of the yellow metal fell by 20% compared to the months when its value was highest (source: Ca.movies.yahoo.com). Northernminer.com says that gold will remain in a similar price position in the coming years. But there are those who think otherwise: Kitco.com says that the price of gold could rise to $ 1,850 an ounce. This sounds quite logical, because in India, for example, the demand for gold jewelry will grow by 30-35% (source: Indiaretailing.com). Home.saxo reports that gold sales have also increased. This, of course, is also due to the metal price fall.

Kovo 17, 2021

This week, all precious metal prices rebounded comparing with the last week. It can be noticed that there has been a lack of price stability in the precious metals market, but the values of metals are still quite good during this pandemic period. Coindesk.com says that inflation is approaching, so there will certainly be changes in the precious metals market.
The price of gold rose to $ 1,732.18 an ounce. The Central Bank of Poland plans to buy 100 tons of gold in the coming years; countries are increasing stocks of this investment metal (source: Reuters.com). And when it comes to forecasts for gold, they are twofold. Fxstreet.com estimates that the price of gold should rise to $ 1,800 an ounce soon. But experts from Metalsdaily.com say that the price of the yellow metal will drop to $ 1,500 an ounce. How it will actually be will probably be seen soon.

Kovo 10, 2021

All precious metal prices fell this week. It can be noticed that on the last Wednesday the prices were in a really good position, but since then they have been gradually decreasing every day. Prices for some metals rose slightly on this Monday, but today was the turning point again when values finally fell. This volatile situation is significantly affected by changes in the US dollar exchange rate (sources: Finance.yahoo.com, Reuters.com). The effects of impending inflation, the pandemic and accelerated vaccination should not be ruled out either (source: Metalsdaily.com). It should come as no surprise if metal prices could fall again next week.
The price of gold fell to $ 1685.38 an ounce. Economictimes.indiatimes.com says that if the price of gold falls to $ 1,600 an ounce, it is a sign for investors to increase investment in the yellow metal as soon as possible. However, whether this price reduction scenario will prove to be true is still unclear. According to Zerohedge.com, the value of gold should recover. Its price is expected to soon exceed $ 1,700 / an ounce (source: Fxstreet.com).