{"id":9834,"date":"2025-05-13T18:05:02","date_gmt":"2025-05-13T15:05:02","guid":{"rendered":"https:\/\/novitera.lt\/?post_type=izvalgos&#038;p=9834"},"modified":"2025-05-13T18:14:08","modified_gmt":"2025-05-13T15:14:08","slug":"market-overview-07-05-2025-to-13-05-2025","status":"publish","type":"izvalgos","link":"https:\/\/novitera.lt\/en\/insights\/market-overview-07-05-2025-to-13-05-2025\/","title":{"rendered":"Market Overview 07-05-2025 to 13-05-2025"},"content":{"rendered":"\n<p>May 13, 2025<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Overview 07-05-2025 to 13-05-2025<\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>Last week, precious metal prices and near-term price forecasts were shaped by rapid developments in the sectors of global economy and geopolitics. Trade agreements and the de-escalation of geopolitical conflicts contributed significantly to an increasingly unpredictable supply-demand balance, potentially leading to more pronounced future price fluctuations in the precious metals sector.<\/p>\n\n\n\n<p><br>From 7 to 13 May, the global gold price recorded a correction of approximately 3.25%, reaching $3,254\/oz on 13 May.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"890\" height=\"683\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153304.png\" alt=\"\" class=\"wp-image-9835\" style=\"width:560px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153304.png 890w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153304-300x230.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153304-768x589.png 768w\" sizes=\"auto, (max-width: 890px) 100vw, 890px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>Investor retreat from gold as a safe-haven asset was partly driven by the de-escalation of the US-China trade war. Beijing and Washington reached an import agreement under which both countries committed to lowering recently imposed tariffs <a href=\"https:\/\/www.cnbc.com\/2025\/05\/13\/cnbc-daily-open-is-the-us-china-trade-agreement-a-trump-put.html\" target=\"_blank\" rel=\"noopener\">from 125% to 10% for a 90-day period<\/a>.<\/p>\n\n\n\n<p>Gold&#8217;s appeal also diminished due to easing tensions between Pakistan and India. Armed conflicts and the threat of full-scale war were unexpectedly suspended following <a href=\"https:\/\/edition.cnn.com\/2025\/05\/10\/asia\/india-pakistan-ceasefire-explainer-latam-intl\" target=\"_blank\" rel=\"noopener\">the announcement of an official ceasefire agreement<\/a> over the past weekend.<\/p>\n\n\n\n<p><br>The price of silver \u2013 a metal used both as an investment and in industrial production \u2013 rose by approximately 2.15% over the same period, reaching $33.16\/oz on 13 May.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"913\" height=\"688\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153319.png\" alt=\"\" class=\"wp-image-9838\" style=\"width:533px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153319.png 913w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153319-300x226.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153319-768x579.png 768w\" sizes=\"auto, (max-width: 913px) 100vw, 913px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>The demand for silver is being stimulated by trade agreements that are less favourable to gold. The US-China tariff truce enables the world&#8217;s two largest economies to conduct silver import-export operations more easily and cost-effectively. This supports industrial demand <a href=\"https:\/\/tradingeconomics.com\/commodity\/silver\" target=\"_blank\" rel=\"noopener\">in sectors such as renewable energy.<\/a><\/p>\n\n\n\n<p><br>Industrial demand for silver may also be indirectly supported by the newly announced US\u2013UK trade agreement. The deal includes <a href=\"https:\/\/edition.cnn.com\/2025\/05\/09\/business\/trumps-uk-trade-deal-nightcap\" target=\"_blank\" rel=\"noopener\">tariff reductions on various UK exports<\/a> to the US, including automobiles, aircraft components, steel, aluminium, and other goods.<\/p>\n\n\n\n<p><br>Palladium price saw minimal change last week, decreasing by roughly 1.2% between 7 and 13 May. On 13 May, the metal was trading at $954\/oz.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"865\" height=\"663\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153341.png\" alt=\"\" class=\"wp-image-9841\" style=\"width:528px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153341.png 865w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153341-300x230.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153341-768x589.png 768w\" sizes=\"auto, (max-width: 865px) 100vw, 865px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>The global platinum price rose by around 1.2% over the same period, reaching $992\/oz on 13 May.<\/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=\"878\" height=\"676\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153356.png\" alt=\"\" class=\"wp-image-9844\" style=\"width:539px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153356.png 878w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153356-300x231.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153356-768x591.png 768w\" sizes=\"auto, (max-width: 878px) 100vw, 878px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>From 7 to 13 May, the global copper price increased by approximately 1.5%, reaching $9,552\/tonne on 13 May.<\/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=\"892\" height=\"680\" src=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153417.png\" alt=\"\" class=\"wp-image-9847\" style=\"width:559px;height:auto\" srcset=\"https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153417.png 892w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153417-300x229.png 300w, https:\/\/novitera.lt\/wp-content\/uploads\/2025\/05\/Ekrano-kopija-2025-05-13-153417-768x585.png 768w\" sizes=\"auto, (max-width: 892px) 100vw, 892px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>Despite its price rise, driven by fears of potential <a href=\"https:\/\/www.mining.com\/web\/trumps-copper-tariff-probe-is-expected-soon-industry-group-says\/\" target=\"_blank\" rel=\"noopener\">specific US copper import tariff<\/a> and the latest US-China trade agreement, copper is also facing the problem of a significant global supply surplus. Experts from the International Copper Study Group (ICSG) forecast that this year&#8217;s market surplus could reach <a href=\"https:\/\/www.mining.com\/global-copper-surplus-to-more-than-double-in-2025-icsg\/\" target=\"_blank\" rel=\"noopener\">as much as 289,000 tonnes<\/a>. The growing risk of serious oversupply is prompting some traders to unwind copper&#8217;s long positions opened in anticipation of optimistic price rise.<\/p>\n","protected":false},"featured_media":9814,"template":"","izvalgos_categories":[46],"class_list":["post-9834","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\/9834","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\/9814"}],"wp:attachment":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/media?parent=9834"}],"wp:term":[{"taxonomy":"izvalgos_categories","embeddable":true,"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos_categories?post=9834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}