Observing the precious metal price graphs, one trend can be seen - in general, the values have been fairly constant in recent weeks with minimal deviations. Precious metals prices are mainly affected by the war in Ukraine and inflation, so investors are closely monitoring these changes (sources: Fxstreet.com, Nasdaq.com). It looks like metal values should remain in similar positions for some time to come.
The price of gold rose to $ 1952.87 an ounce. Experts say that demand for yellow metal has picked up again in the past month (sources: Schiffgold.com, Etftrends.com). This is a good sign that has a positive effect on the price of the metal. Fxstreet.com predicts that the value of gold should rise to $ 2,000 an ounce. An interesting fact: Russia's central bank has decided to stop buying gold at fixed prices; Russia is also unable to sell its gold on the world's largest London market (source: Politics.mn).
 
The price of silver rose to $ 25.07 an ounce. Naturally, as the price of gold rises, so does silver. Fxempire.com says that the rise in white metal prices is being affected by the war in Ukraine and the pandemic in China. According to Fxstreet.com, the price of silver should remain in the $ 25 an ounce range for some time.
 
The price of palladium rose again this week - the metal is currently costing $ 2,452.67 an ounce. The price of platinum has dropped a bit to $ 985 an ounce. The London market blocks platinum and palladium mined in Russia (source: Cyprus-mail.com). Another crucial road is being closed to Russia, where it has been able to sell precious metals. Miningmx.com says that the palladium and platinum markets will shrink - the supply of metals will decrease, which will have a direct impact on their prices. Due to sanctions against Russia, the price of palladium will definitely rise this year (sources: Mining.com, Capital.com). Inventiva.co.in recommends investing in platinum this year. It is said to be the same as investing in gold or silver. Only platinum is a much rarer metal than the ones mentioned before. Observing the markets, the general conclusion is that the demand for platinum will increase in the future.
The semiconductor chip crisis is unlikely to end for some time to come, especially with the war in Ukraine, and Russia being sanctioned (source: Techhq.com). The situation is projected to improve in 2024.
 

 
The price of copper fell to $ 10,281.92 a tonne. In China, the pandemic is the worst in two years, with factories coming to a halt, so it is natural that demand for many raw materials has fallen and supplies have been temporarily suspended (source: Mining.com). Still, this situation is temporary and everything should get back on track.