Precious metals continue to experience significant volatility. Silver has fallen approximately 2.5% over the week, while gold has remained largely flat, stabilizing around $5,000 per ounce. The “barbarous relic” has benefited from softer-than-expected inflation data, which has provided temporary support to investor sentiment.
Industrial metals have also seen uneven performance. Copper, a bellwether for global manufacturing activity, has declined to around $12,875 per tonne in London (cash price), reflecting both supply concerns and a cautious outlook on industrial demand.
Analysts note that metals markets remain sensitive to macroeconomic indicators, inflation trends, and global industrial activity. Precious metals continue to serve as a hedge against economic uncertainty, whereas industrial metals are more exposed to cyclical pressures. Investors should remain alert to rapid price swings as market sentiment reacts to data releases and geopolitical developments.