Metalų Biržos

Lapkričio 24, 2021

This week is the complete opposite from the last, with prices for all precious metals, except copper, falling down. It is difficult to expect some stability during this period, as inflation, coronavirus and raw material shortages go hand in hand. Looking at the price graphs of gold, silver, palladium and platinum, one trend can be seen – the values were high at the beginning of the week, but began to fall a few days later. Whether prices will remain stable next week or continue to fall – remains to be seen.
The price of gold fell to $ 1,808.34 an ounce. predicts that demand for gold may decline over the next two years. Still, the yellow metal is gaining popularity in the jewellery sector: in India, its position has strengthened over the past month (source: Meanwhile, sales of gold jewellery in the United States grew at a record rate this year (source: Experts from recommend investing in gold because its era is far from over.
The price of silver fell to $ 24.27 an ounce. says that the fall in the price of silver was mainly due to the rising US dollar. Experts from believe the value of silver can rise to no more than $ 24.7 an ounce. However, in the long run, the price of silver will definitely rise due to the growing demand, so maybe now is a good time to invest in the metal as long as its price is low (source:
The price of palladium dropped to $ 1979.32 an ounce. Predictions that the price of this metal will rise have not yet been confirmed. The automotive sector is still in a severe crisis due to a shortage of chips, and the price of palladium is falling due to declining demand (source:
The price of platinum has also fallen. The metal currently costs $ 1022 an ounce. says that the crisis in semiconductor chips has had a significant negative impact on the value of platinum, but do not forget that the metal is widely used in other manufacturing sectors. Experts from say that the price of the metal will fluctuate in the range of $ 985-1025 an ounce in the near future.

Only copper increased its price this week, which is currently $ 9,758.76 a tonne. says that the price of copper should recover again in the near future as demand for the metal grows. Copper mines are also talking about development plans.