{"id":10385,"date":"2025-06-25T13:08:17","date_gmt":"2025-06-25T10:08:17","guid":{"rendered":"https:\/\/novitera.lt\/?post_type=izvalgos&#038;p=10385"},"modified":"2025-06-25T13:20:59","modified_gmt":"2025-06-25T10:20:59","slug":"market-overview-18-06-2025-to-24-06-2025","status":"publish","type":"izvalgos","link":"https:\/\/novitera.lt\/en\/insights\/market-overview-18-06-2025-to-24-06-2025\/","title":{"rendered":"Market Overview 18-06-2025 to 24-06-2025"},"content":{"rendered":"\n<p>June 24, 2025<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Overview 18-06-2025 to 24-06-2025<\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>During the last week, markets of precious metals experienced mixed price movements. Gold and silver prices declined in response to growing stability in the global geopolitical landscape. Meanwhile, precious metals such as palladium saw price increases driven by specific supply issues.<\/p>\n\n\n\n<p>Global gold price fell by approximately 1.35% from June 18 to June 24, reaching $3323\/oz.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"947\" height=\"721\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094103.png\" alt=\"\" class=\"wp-image-10386\" style=\"width:560px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094103.png 947w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094103-300x228.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094103-768x585.png 768w\" sizes=\"auto, (max-width: 947px) 100vw, 947px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>The main factor behind the gold price decline was the de-escalation of geopolitical tensions in the Middle East. With Israel and Iran reaching a <a href=\"https:\/\/www.bbc.com\/news\/articles\/czjk3kxr3zno\" target=\"_blank\" rel=\"noopener\">fragile ceasefire agreement<\/a>, gold lost some of its appeal as an investment hedge.<\/p>\n\n\n\n<p>On the other hand, some investors are not rushing to sell their gold assets. This decision is influenced both by the still very high geopolitical tensions and optimistic signals in US monetary policy. Although the Fed decided <a href=\"https:\/\/tradingeconomics.com\/united-states\/interest-rate\" target=\"_blank\" rel=\"noopener\">not to cut interest rates<\/a> during its June 17-18 meeting, Federal Reserve Chair J. Powell did not rule out the potential for rate cut <a href=\"https:\/\/tradingeconomics.com\/commodity\/gold\" target=\"_blank\" rel=\"noopener\">as early as July<\/a> in his Congressional testimony. Such a move could stimulate price increases for precious metals denominated in dollars (gold, silver, etc.).<\/p>\n\n\n\n<p>Global price of silver decreased by approximately 2.25% from June 18 to June 24, reaching $35.91\/oz.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"947\" height=\"703\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094134.png\" alt=\"\" class=\"wp-image-10389\" style=\"width:533px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094134.png 947w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094134-300x223.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094134-768x570.png 768w\" sizes=\"auto, (max-width: 947px) 100vw, 947px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>The most notable reason for the silver correction was also the de-escalation of the Iran-Israel conflict. The easing of geopolitical concerns was driven both by the fragile ceasefire and Iran\u2019s avoidance of attacks in the Strait of Hormuz, one of the world\u2019s key trade chokepoints. Approximately 20% of the world\u2019s oil supply is regularly transported through the <a href=\"https:\/\/edition.cnn.com\/2025\/06\/23\/business\/strait-of-hormuz-iran-israel-explainer-intl-hnk\" target=\"_blank\" rel=\"noopener\">the Strait of Hormuz<\/a>, as it is the only route by which oil from the Persian Gulf can be directly transported by sea to global markets.<\/p>\n\n\n\n<p>Global palladium price rose by about 2% from June 18 to June 24, reaching $1069\/oz.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1007\" height=\"717\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094529.png\" alt=\"\" class=\"wp-image-10392\" style=\"width:528px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094529.png 1007w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094529-300x214.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094529-768x547.png 768w\" sizes=\"auto, (max-width: 1007px) 100vw, 1007px\" \/><\/figure>\n<\/div>\n\n\n<p>The recent rise in palladium prices is driven by a supply-demand imbalance. While global palladium demand remains stable, supply-side challenges persist. Supply issues were exacerbated by specific US and EU sanctions imposed on Russian palladium supplier Norilsk Nickel as well as by temporary shutdowns of South African palladium mines due to maintenance and <a href=\"https:\/\/tradingeconomics.com\/commodity\/palladium\" target=\"_blank\" rel=\"noopener\">adverse weather conditions<\/a>.<\/p>\n\n\n\n<p>Global price of platinum showed minimal changes between June 18 and June 24. On June 24, the price of this precious metal reached $1320\/oz.<\/p>\n\n\n\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"959\" height=\"724\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094630.png\" alt=\"\" class=\"wp-image-10395\" style=\"width:539px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094630.png 959w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094630-300x226.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094630-768x580.png 768w\" sizes=\"auto, (max-width: 959px) 100vw, 959px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>Global copper prices also did not experience significant changes from June 18 to June 24. On June 24, the industrial metal traded at $9664\/t.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"698\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094657.png\" alt=\"\" class=\"wp-image-10398\" style=\"width:559px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094657.png 1000w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094657-300x209.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/06\/Ekrano-kopija-2025-06-25-094657-768x536.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"featured_media":10368,"template":"","izvalgos_categories":[46],"class_list":["post-10385","izvalgos","type-izvalgos","status-publish","has-post-thumbnail","hentry","izvalgos_categories-market-reviews"],"acf":[],"_links":{"self":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos\/10385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos"}],"about":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/types\/izvalgos"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/media\/10368"}],"wp:attachment":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/media?parent=10385"}],"wp:term":[{"taxonomy":"izvalgos_categories","embeddable":true,"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos_categories?post=10385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}