This week the precious metals market had some interesting changes - platinum and palladium prices have risen, gold has remained stable, and silver and copper have fallen. Important reasons for these changes include: the fall of the US dollar, the end of the China-US trade war and US President Donald Trump's statements on additional tariffs for European countries (sources: Cnbc.com, Bloomberg.com, Marketwatch.com). It will be interesting to observe how the precious metals will perform in the coming weeks, as these changes will have a long-term impact.
The price of gold has risen only a few cents in the last week - metal is currently costing $ 1425.43 an ounce. The reasons mentioned at the beginning of the overview have the greatest impact on the changes in the value of this metal - it is now in a strong position. It is important to note that the need for gold is extremely high (source: Thisismoney.co.uk). But experts say that it is not worth to hurry up and invest in this metal now, because its price has risen sharply in recent weeks (source: Marketwatch.com).
 
The value of silver fell to $ 15.33 an ounce. Source Sharpspixley.com says that this insignificant fall in price should not frighten investors - silver will certainly not fall below the $ 15 an ounce threshold when the gold value rises. And the source Kitco.com states that investing in silver is worth it: this metal will always remain in demand and has a sentimental value for investors.
 
The price of palladium has risen to $ 1562.5 an ounce, and platinum to $ 831.5 an ounce. Source Sbma.org.sg says platinum price should not be lower than $ 800 an ounce, as this metal is needed in both: car and jewellery industries. It is important to note that the rising gold price also has a positive effect on platinum. Meanwhile, the price of palladium is again at a record high due to the growing demand for the metal in the automotive industry and the tightening of its stock (source: Insidefutures.com). This year, the value of palladium should remain high (of course, with some changes).

 
 
Copper has recently been volatile - its price has dropped and now stands at $ 5919.41 a tonne. However, this situation is unlikely to be long-lasting - a better relationship between China and the United States, a constant demand for the metal should have a positive impact on its price (source: Mining.com). It is worth observing how the value of this metal will change in the near future.