The metals market is seeing strong movement. Some metals are rising fast. Others are slowing down. Yearly data shows big gains in key segments. Short term trends look mixed.
Silver rises 127.85% YoY while gold gains 40.64%
Gold is priced at 4688.73 USD per troy ounce. It fell 0.44% in a day. Weekly decline stands at 2.64%. But monthly growth is 3.95%. Year to date gain is 8.66%. Yearly growth is strong at 40.64%.
Silver is at 75.254 USD per troy ounce. It dropped 0.50% daily. Weekly loss is 5.34%. But monthly growth is higher at 7.74%. Year to date gain is 5.88%. The biggest highlight is yearly growth at 127.85%. This shows strong demand.
Platinum is trading at 2004.40 USD. It fell 1.28% daily. Weekly loss is 3.98%. Yearly growth is still high at 103.10%.
Lithium jumps 155.63% YoY while copper grows 24.07%
Lithium is one of the top performers. It is priced at 176000 CNY per ton. It gained 1.73% in a day. Weekly rise is 2.03%. Monthly growth is 6.99%. Year to date growth stands at 48.52%. Yearly gain is very high at 155.63%.
Copper is at 6.0161 USD per pound. It fell slightly by 0.12% daily. Monthly growth is strong at 9.97%. Yearly gain is 24.07%.
Cobalt hydroxide is priced at 56705.03 USD per metric ton. It is almost flat daily. But yearly growth is 100.53%.
Steel gains 25.88% YoY while iron ore shows mixed trend
HRC steel is trading at 1104.08 USD per ton. It fell slightly by 0.08% daily. Monthly growth is 4.33%. Yearly gain is 25.88%.
Steel in China is at 3155 CNY per ton. It rose 0.10% daily. Yearly growth is low at 2.70%.
Iron ore in USD is at 107.10. It rose 0.04% daily. Yearly gain is 7.19%.
Iron ore in CNY is weaker. It fell 0.06% daily and 3.32% monthly.
Scrap steel is gaining strength. It rose 0.36% daily and 13.41% this year. Yearly gain is 19.11%.
Silicon is under pressure. It is down 3.48% this year and 4.88% yearly.
Titanium is stable at 48 CNY per kg. Monthly growth is 3.23% but yearly change is negative at 3.03%.
The metals market shows strong long term growth. Lithium and silver are leading. Gold remains steady. Industrial metals show mixed signals. Investors are watching demand trends closely.