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).
 
The price of silver also increased. It is currently trading at $24.52 an ounce. Moneymetals.com says that silver will catch up with gold at the rate of price growth. Experts predict that the white metal will positively surprise investors (source: Cnbc.com). According to Investinghaven.com, silver is the metal worth to invest now, as its price could climb as high as $50 an ounce this year.
 
The price of palladium has risen, currently trading at $1,037.98 an ounce. Platinum has also gained in value, currently trading at $938.29 an ounce. Xm.com says that the change in palladium price is temporary. It predicts that the value of the metal will fall again in the coming weeks. Meanwhile, the situation of platinum is a bit strange: there is a shortage of metal, but the metal cannot significantly increase or consolidate its higher price position (source: Morningstar.com). However, it is supply challenges that have a negative impact on the price of this metal (source: Heraeus.com). Economies.com says that the value of platinum should still remain in a similar position in the coming week.
 

 
The price of copper has increased and is currently priced at $8,659.32 a tonne. Mining.com says that demand for copper in China has increased, while major mines in Chile are expanding and adding capacity. It looks like this year will be productive for copper as well.