The metals market is showing strong long term growth. Some metals are rising sharply. Others are moving slowly. The data highlights clear winners.
Gold is priced at 4812.87 USD per troy ounce. It fell 0.60 percent today. But it is still up 43.63 percent over the year. Weekly trend is positive with a 1.93 percent gain.
Silver is at 79.064 USD per troy ounce. It dropped 0.51 percent today. But yearly growth is massive at 139.88 percent. This makes silver one of the top performing metals.
Gold and Silver prices show strong yearly returns despite short term dips
Gold has gained 11.39 percent this year. But monthly trend is weak with a 3.89 percent drop. This shows some short term pressure.
Silver is also down 2.48 percent this month. But the yearly rally remains strong. Weekly growth stands at 6.24 percent. This shows strong investor demand.
Platinum is trading at 2116.10 USD. It gained 0.73 percent today. Yearly growth is strong at 119.01 percent. This keeps it among top gainers in precious metals.
Lithium jumps 132.01 percent YoY while Copper rises 30.08 percent
Lithium is one of the biggest movers. It is priced at 166000 CNY per ton. It jumped 2.79 percent today. Yearly growth stands at 132.01 percent. This shows strong demand from battery markets.
Copper is trading at 6.0782 USD per pound. It gained 0.13 percent today. Monthly growth is 5.00 percent. Yearly rise stands at 30.08 percent. This reflects steady industrial demand.
Titanium prices are stable at 48.00 CNY per kg. Yearly change is slightly negative at 1.03 percent. But monthly growth is positive at 3.23 percent.
Steel and Iron Ore remain stable as Silicon drops 7.93 percent YoY
Steel is trading at 3086.00 CNY per ton. It gained 0.13 percent today. But yearly growth is limited at 1.81 percent.
HRC steel is stronger. It is at 1089.06 USD per ton. Yearly growth stands at 15.86 percent. Scrap steel also shows steady growth of 13.02 percent over the year.
Iron ore prices are mixed. In CNY terms, it is at 764.00 with an 8.75 percent yearly gain. In USD terms, it is at 106.38 and shows only 6.18 percent yearly growth.
Silicon is under pressure. It dropped 7.93 percent over the year. Despite a small daily gain, the long term trend remains weak.
Overall, metals are showing strong long term growth. Precious metals and lithium are leading. Industrial metals are stable. Some segments are still facing pressure.