metal prices

Metal prices fluctuate based on supply and demand, economic conditions, and geopolitical factors. When demand for metals like copper, gold, or steel increases—due to construction, technology, or investment—prices tend to rise. Conversely, if supply expands or demand drops, prices decrease. Additionally, currency strength, inflation, and production costs influence metal prices. These changes are tracked through market prices, which can quickly shift in response to global events or market sentiment. Understanding these factors helps predict trends and assess the impact on industries relying on metals.