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Lapkričio 8, 2023

This week, the prices of almost all precious metals fell somewhat. The main reason for this is the strengthening of the US dollar (source: A few months before the end of this year, it is believed that the values of precious metals will not change very significantly and will be in similar positions as they are now.
The price of gold fell slightly. It is currently trading at $1,976.13 an ounce. Since changes in the price of gold have always been closely related to changes in the US dollar, it is natural that when it rises, the value of gold can fall. says that the price of this metal should stabilize at the $1980 an ounce mark. It is important to note that a temporary decrease in the price does not mean anything bad - for example, China continues to increase gold reserves and plans to do so next year, so this drop in value is even favourable for buying (sources:, It is no news that gold is still considered one of the safest and most reliable investments.
The price of silver also fell. It is currently priced at $22.96 an ounce. says that the value of silver should stabilize at the $22.8 an ounce mark. When it comes to long-term investment in this metal, it is important to remember that although the demand for the metal is growing, its value is still very vulnerable, especially to geopolitical events. Therefore, this metal can be included in the investment portfolio, but the constant price fluctuation must be kept in mind (source:
The price of palladium has fallen again, currently trading at $1,113.62 an ounce. Platinum is keeping up with this week's trends, currently trading at $910.73 an ounce. No positive developments are seen for palladium in the near future - it is even predicted that its extraction in North America will decrease (source: However, its price may rise to $1,250 an ounce in the first quarter of next year (source: says that it could have been predicted that the rise in the value of platinum would come to an end and the price of the metal would fall again. It is predicted that the metal could cost $965 an ounce in the first quarter of next year (source:

Copper is on the rise again, currently trading at $8,123.59 a tonne. This metal was the only one that steadily and confidently increased its value this week. Mining is gaining momentum and demand in China is not slowing yet, so the situation will be stable for a while (source: