Monday is the right moment to sum up the previous week. As always, at 10:00 we start with an analysis of precious metal prices. As you know, the emphasis is on platinum, palladium and rhodium, which are used in car catalysts.

If we wrote about the last week that it resulted in successful platinum listings, then the previous one was really satisfactory in this respect. On Friday, February 22, the ounce cost USD 845 on the world market. Already after the weekend, it increased by 11 dollars, and then until Thursday, it grew steadily to reach the maximum of just under USD 873 / ounce. It is true that the beginning of March caused a drop, but in the end the rate stopped at USD 862 / ounce, so we can be happy with the current situation compared to the last 3 months.

Has the good streak of palladium maintained also in recent days? In spite of some minor turmoil within the week, we can confidently say that we hope for every next analysis, to inform you about ever-larger records of this precious metal. On Friday, February 22, we were dealing with a quite positive value – 1 464 USD / ounce. Already on Monday, palladium reached the historical value of 1 507 USD / oz, and Tuesday only filled with joy when the ounce reached the value of 1 525.35 USD. After this listing, there was a fairly large drop to USD 1,487 / ounce, which palladium tried to recapture in the next two days. Eventually, the week ended with the price of 1 503 USD / ounce. It’s a great result.

Source: bankier.pl

Also in the case of a family, we can talk about another success. Although from February 22 to February 26, the price remained unchanged, at USD 2,545 / ounce, but later we could only observe the increase that eventually led to the exchange rate of USD 2,625 / ounce!

Things are different in the case of gold. Even after the weekend, the ounce cost $ 1,300. However, this metal was losing value for the better part of the week, with the final price of 1 291,55 USD / ounce on 1 March. As you can see, the quotes are going in the wrong direction.

In the same situation, silver, which at the beginning of the week presented a relatively horizontal chart line, reaching on Tuesday at 15.89 USD / ounce. Later it was only worse. We could observe the strongest decline at the end of the week. The minimum of the week was: 15.08 USD / ounce.

What is worth adding, the dollar exchange rate during the above-mentioned decreases also went down. The highest value was recorded at the beginning of the week.

Current precious metal rates in the Stock exchange rates tab

Current prices of used catalysts always in our price list.