Precious metals are also doing well as April progresses. Their prices have risen again this week. Only palladium has difficult times, but nothing else can be expected for this metal. In general, there are many reasons that influence the rise in prices, but inflation, growing unrest between Israel and the aggressors, the never-ending war in Ukraine, the US presidential election and the impeachment of candidate Donald Trump that goes along with it, are some of the biggest reasons that add uncertainty to the future.
The price of gold continues to rise. It is currently trading at $2,385.10 an ounce. Heraeus.com says that geopolitical unrest has a lot to do with gold's growth. It is no longer news to experts that the Chinese are investing in gold, but such a large-scale investment has raised a new question - is China trying to control the price of gold? (sources: Thestandard.com.hk, Theprospectornews.com). The outlook for gold is favourable: some experts even believe that the metal could double in value this year (sources: Bullionworld.in, Zerohedge.com).
 
The price of silver is also increasing. It is currently priced at $28.96 an ounce. Fxstreet.com says that the value of silver will continue to rise. However, experts believe that it is still necessary to give some time to see where the price of the metal will go next - if it rises steadily next week, then there is more hope that the upward trend will continue thereafter (source: Fxempire.com). Heraeus.com tells that the demand for the metal in the solar sector continues to grow, which is a strong reason to ensure stable demand for the metal.
 
The price of palladium has fallen minimally, currently trading at $1,042.62 an ounce. No special news can be seen for this metal. Recyclingtoday.com tells that Russia will receive even more sanctions related to the metal trade.
Platinum rose to $976.87 an ounce. Economies.com says that platinum has held its ground for another week, showing some stability. Experts note that investors are paying more attention to platinum and if the price of the metal reaches $1,000 an ounce, it will be a good sign for further appreciation (source: Heraeus.com). Platinuminvestment.com says that sales of hybrid cars are on the rise, which bodes well for platinum.
 

 
Copper continues to amaze. The price of the metal increased to $9617 a tonne. Experts believe that this is not the end and the value of copper will increase, so the biggest mines in the world are also planning to expand (source: Mining.com).