SUNSHINE Weekly Metal Prices Tracker: March 10-14, 2025
This week (March 10 to March 14, 2025), metal prices exhibited some fluctuations across different markets. Based on the price data from the China, India, UK, and US Exchanges on the SUNSHINE, the following is a report on Copper, Aluminum, Gold, and Silver prices.
Copper Prices
This week, copper prices showed a general upward trend across various countries. China’s copper prices experienced slight fluctuations, while India, the UK, and the US exhibited a similar pattern, with an initial rise followed by a decline. The price increase in the US was notably higher than in other countries, reaching 5.20%.
China: Copper prices in China displayed minor fluctuations this week, with stable growth. Prices rose from 78,270 CNY/MT (March 10) to 80,360 CNY/MT (March 14), an increase of 2.67%. Compared to the previous week (reference date: March 7), there was an increase of 2.60%.
India: Copper prices in India steadily increased this week, rising consecutively before stabilizing. Prices went from 876.1 INR/kg (March 10) to 899.8 INR/kg (March 14), marking a rise of 2.71%. Compared to the previous week (reference date: March 7), the increase was 1.99%.
United Kingdom: Copper prices in the UK rose moderately this week, with a sharp increase followed by stabilization. Prices went from 9,528.5 USD/MT (March 10) to 9,780.5 USD/MT (March 14), rising by 2.64%. Compared to the previous week (reference date: March 7), there was an increase of 1.74%.
United States: Copper prices in the US performed strongly, reaching a new high for the year, with the largest daily rise of 3.18% (March 11). Prices surged from 4.6175 USD/Lb (March 10) to 4.8575 USD/Lb (March 14), marking an increase of 5.21%. Compared to the previous week (reference date: March 7), there was an increase of 3.69%.
Aluminum Prices
This week, aluminum prices across the countries exhibited slight fluctuations, with overall stability. China saw a minor increase in aluminum prices, while the other three countries experienced slight declines.
China: Aluminum prices in China remained stable overall, with slight fluctuations and a minor increase. Prices rose from 20,895 CNY/MT (March 10) to 20,955 CNY/MT (March 14), marking an increase of 0.29%. Compared to the previous week (reference date: March 7), there was a small increase of 0.58%.
India: Aluminum prices in India showed minimal change this week, with small fluctuations. Prices slightly decreased from 264.75 INR/kg (March 10) to 264.55 INR/kg (March 14), a decrease of 0.08%. Compared to the previous week (reference date: March 7), there was virtually no change, with a decrease of 0.02%.
United Kingdom: Aluminum prices in the UK showed a slight decrease this week, with a noticeable drop on March 14, and the largest daily decline of 0.81% on March 13. Prices fell from 2,694 USD/MT (March 10) to 2,681 USD/MT (March 14), a decrease of 0.48%. Compared to the previous week (reference date: March 7), there was a decrease of 0.91%.
United States: Aluminum prices in the US slightly declined this week, with overall minimal fluctuations. Prices initially increased before dropping significantly on March 13, with a decrease of 1.71%. Prices went from 2,641.25 USD/MT (March 10) to 2,630 USD/MT (March 14), marking a decline of 0.43%. Compared to the previous week (reference date: March 7), there was a decrease of 0.86%.
Gold Prices
Gold prices generally rose this week across all countries. The largest increase occurred in the US, although the price rises in the three countries were not vastly different, with a continuous upward trend.
China: Gold prices in China rose steadily this week, initially declining before increasing again, peaking at 693.3 CNY/g on March 14. Prices increased from 681.5 CNY/g (March 10) to 694.96 CNY/g (March 14), a rise of 1.98%. Compared to the previous week (reference date: March 7), there was an increase of 2.28%.
India: Gold prices in India rose significantly this week, following a continuous upward trend. The highest daily rise was 1.26% (March 13). Prices increased from 8,541.9 INR/g (March 10) to 8,799.1 INR/g (March 14), an increase of 3.02%. Compared to the previous week (reference date: March 7), there was an increase of 2.46%.
United States: Gold prices in the US saw the largest increase this week, following a continuous upward trend. The highest daily rise was 1.67% (March 13). Prices surged from 2,882.7 USD/oz t (March 10) to 2,990 USD/oz t (March 14), marking an increase of 3.71%. Compared to the previous week (reference date: March 7), there was an increase of 2.73%.
Silver Prices
Silver prices in all countries showed a general upward trend this week, with varying degrees of increase. The most significant rise occurred in the US, where silver prices surged by 6.06%.
China: Silver prices in China rose steadily this week, initially decreasing before increasing again. The highest daily increase was 2.34% on March 14. Prices rose from 8,056 CNY/kg (March 10) to 8,358 CNY/kg (March 14), an increase of 3.75%. Compared to the previous week (reference date: March 7), there was an increase of 3.85%.
India: Silver prices in India saw a notable increase this week, with the rise slowing down over time. Prices climbed from 96,465 INR/kg (March 10) to 100,738 INR/kg (March 14), marking an increase of 4.43%. Compared to the previous week (reference date: March 7), there was an increase of 3.64%.
United States: Silver prices in the US experienced the largest rise, with a strong performance. After several consecutive increases, prices slightly dropped on March 14. The highest daily increase was 2.97% on March 11. Prices surged from 32.16 USD/oz t (March 10) to 34.11 USD/oz t (March 14), an increase of 6.06%. Compared to the previous week (reference date: March 7), there was an increase of 4.79%.