Metal markets are showing sharp movements this year. Precious metals are leading the rally. Industrial metals are mixed. Some are strong year over year. Others are still under pressure.
Gold and Silver Prices Jump 69.46% and 136.39% YoY
Gold is trading at 4985.43 USD per troy ounce. It gained 0.18% today. Weekly growth stands at 1.27%. Monthly gains are 4.64%. Year to date, Gold is up 15.38%. On a yearly basis, it has surged 69.46%.
Silver is priced at 77.914 USD per troy ounce. It rose 0.41% in a day. Weekly gains are 2.88%. However, it has fallen 17.67% over the past month. Despite this, Silver is up 9.26% YTD. On a yearly basis, it has skyrocketed 136.39%.
Platinum trades at 2080.80 USD per troy ounce. It declined 1.52% today. Monthly losses are 15.24%. Yet it remains up 110.76% YoY.
The data shows strong investor demand in precious metals. Yearly gains above 60% highlight safe haven buying and tight supply trends.
Lithium Rises 21.31% YTD While Copper Gains 24.10% YoY
Lithium is trading at 143750 CNY per ton. It gained 0.88% today. Weekly growth is 6.88%. Despite an 11.81% monthly drop, Lithium is up 21.31% YTD. It has surged 88.52% compared to last year.
Copper stands at 5.7080 USD per pound. It fell 1.64% today. Weekly losses are 1.24%. Monthly decline is 1.70%. However, it is still up 24.10% YoY.
These numbers show strong long term demand for battery and industrial metals. The yearly growth reflects rising global infrastructure and electric vehicle trends.
Iron Ore Falls 6.90% YTD As Steel Prices Stay Weak
Iron Ore is priced at 99.74 USD per ton. It is flat today. Weekly losses are 0.85%. Monthly decline is 6.38%. YTD it has dropped 6.90%. On a yearly basis, it is down 6.58%.
Iron Ore in China stands at 746.00 CNY per ton. It fell 2.10% today. Monthly losses are 8.91%. It is down 5.51% YTD.
Steel in China trades at 3056.00 CNY per ton. It gained 0.53% today. Yet it is down 1.29% YTD and 4.68% YoY.
HRC Steel is priced at 982.03 USD per ton. It slipped 0.20% today. Still, it is up 5.03% YTD and 26.06% YoY.
Scrap Steel stands at 378.50 USD per ton. It gained 0.80% today. It has risen 3.56% YTD and 6.17% YoY.
Silicon trades at 8330.00 CNY per ton. It rose 0.79% today. But it remains down 5.07% YTD and 22.83% YoY.
Titanium is stable at 45.50 CNY per kg. It shows no daily or monthly movement. It is down 1.09% YTD.
Overall, precious metals are dominating the market with massive yearly gains above 100% in Silver and Platinum. Lithium and Copper remain strong on yearly demand trends. Steel and Iron Ore are struggling with negative YTD numbers. The metal market is clearly divided between investment driven rallies and industrial demand pressure.