via Metal Minor
Global precious metal MMI (Monthly Metal Index) It moved sideways after a month and rose just 2.69%. Many precious metal prices saw dynamic changes from February to March. Gold competed towards historic highs amid bets on rising uncertainty in gold tariffs and relaxing US Federal Reserve policies. Meanwhile, silver has also climbed months of highs when industrial forces and platinum rose upwards on safe haven demand and concerns about industrial strength and supply. However, in contrast to other precious metals, palladium was behind.
Palladium Price Trends
Palladium struggled to maintain amid the surge in precious metal prices Upward momentum. Automakers continue to support platinum as petrol catalytic converters, focusing on the demand for palladium. The occasional supply disruptions, such as declining production from South Africa, have provided short-term price support, but analysts largely anticipate a continuous decline in palladium.
Meanwhile, market fluctuations driven by trade policy uncertainty contributed to monthly price instability. Recent US tariffs have not directly affected palladium, but overall uncertainty Keep the metal under pressure. In the future, many industry experts predict that palladium prices will fall in the coming months, depending on supply demand. For those looking to navigate valuable metal volatility, MetalMiner's weekly newsletter provides key market insights and macroeconomic updates to keep informed to procurement experts.
Precious Metal Price: Platinum
Platinum prices continued to move upward throughout March. Overall, metals have earned over 11% since the beginning of the year, The Palladium Struggle. The primary driver remains a supply-side constraint, and the World Platinum Investment Council (WPIC) forecasts a global platinum deficit of 848,000 ounces in 2025 (these precious metal prices trends, and more, are covered monthly in MetalMiner's monthly index report. 9 Price trends in the metal industry).
All this news allows market sentiment to remain bullish, and analysts are hoping for more profits as supply gets stronger. If economic growth remains, there is interest in the hydrogen economy and the key long-term demand factors continue to rise, the positive momentum of platinum could last along with other precious metal prices.
Silver price trends
Silver prices have skyrocketed to five months' high, driven by strong industrial demand and safe home investment flows. The silver broke past its previous range, reaching $33.69 per ounce in early March. This has become increasingly transformed into silver as a hedge against economic uncertainty, and Trade-related concerns.
Many experts believe Silver could ultimately follow gold gatherings, especially if manufacturing activities are strengthened. As of mid-March, Silver remained above $30 per troy ounce, holding the company despite the Federal Reserve's more stable stance on interest rates. Forecasts for the coming months suggest moderate but steady benefits.
Gold will hit high again
Gold prices have once again shattered the record, reaching an all-time high of $3,035 per troy ounce. Throughout the month, gold controlled the headlines of the precious metals market. On March 13, spot prices hit $2,980 per ounce, marking 14% Increase since the beginning of the year.
The gold surge comes from a combination of economic and geopolitical factors, including strengthening tariff concerns, easing inflation and increasing expectations for a more compassionate Federal Reserve policy. Major financial institutions revised their forecasts upwards. More room for running As long as global tensions and economic uncertainties persist.
By the Metal Minor Team
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