SUNSHINE Weekly Metal Prices Tracker: March 3-7, 2025

This week (March 3 to March 7, 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 generally exhibited an upward trend, although the fluctuations varied. China showed steady increases, while India, the UK, and the US experienced more pronounced movements, with the US recording the highest daily fluctuation at 4.90%. 

China: Copper prices in China followed a steady upward trajectory this week, with a slight decline of 0.14% (March 4), followed by consecutive increases. Prices closed at 78,320 CNY/MT (March 7), representing an overall increase of 1,270 CNY/MT, or 1.65%. Compared to the previous week (reference date: February 28), the increase was 2.10%. 

India: Copper prices in India experienced significant daily fluctuations, yet showed an overall upward trend. The highest daily increase was 2.08% (March 5), and the largest decrease was 0.97% (March 7). The overall increase for the week was 16.2 INR/kg, or 1.87%. Compared to the previous week (reference date: February 28), the increase was greater, at 2.40%. 

United Kingdom: Copper prices in the UK showed fluctuations throughout the week, but the overall trend was upward, with the highest daily increase reaching 2.59%. On March 7, prices dropped by 1.24%, closing at 9,613.5 USD/MT. Compared to the previous week (reference date: February 28), the increase was greater, at 2.73%. 

United States: Copper prices in the US experienced significant volatility, with one notable rise followed by a slight correction. The highest fluctuation during the week was 4.90% (March 4). Overall, prices increased by 0.1255 USD/Lb, or 2.75%. Compared to the previous week (reference date: February 28), the increase was 3.42%. 

Aluminum Prices 

Aluminum prices generally rose this week, with varying degrees of volatility. China saw minimal fluctuations, while India, the UK, and the US experienced more consistent increases, with the UK showing the highest rise at 3.84%. 

China: Aluminum prices in China showed low volatility, with prices remaining relatively stable. The overall trend was a slight decline followed by a rise, with prices increasing by 165 CNY/MT, or 0.80%, closing at 20,835 CNY/MT (March 7). Compared to the previous week (reference date: February 28), the increase was larger, at 0.94%. 

India: Aluminum prices in India followed a steady upward trend, with the highest daily increase reaching 1.21% (March 6). Prices rose by 6.05 INR/kg, or 2.34%, closing at 264.6 INR/kg (March 7). Compared to the previous week (reference date: February 28), the increase was more significant, at 2.86%. 

United Kingdom: Aluminum prices in the UK showed a continuous upward trend, with the highest daily increase of 1.61% (March 5). The overall increase for the week was 94.5 USD/MT, or 3.62%, closing at 2,705.5 USD/MT (March 7). Compared to the previous week (reference date: February 28), the increase was 3.84%. 

United States: Aluminum prices in the US showed a consistent upward trend, with only a slight dip of 0.39% (March 4). The highest daily increase was 1.61% (March 6), and prices rose by 70 USD/MT, or 2.71%, closing at 2,655 USD/MT (March 7). Compared to the previous week (reference date: February 28), the increase was larger, at 3.78%. 

Gold Prices 

Gold prices rose in most countries this week, though with slight pullbacks. The overall trend was upward, with India showing more volatility and the US being relatively stable. 

China: Gold prices in China showed a trend of rising followed by a slight retreat. The price rose from 672.4 CNY/g (March 3) to 679.48 CNY/g (March 7), increasing by 7.08 CNY/g, or 1.05%. Compared to the previous week (reference date: February 28), the increase was 1.10%. 

India: Gold prices in India showed slight fluctuations but overall moved upward. On March 4, the price increased to 8,602.6 INR/g, up by 0.75%, and then fluctuated, closing at 8,587.7 INR/g (March 7), an overall increase of 49.3 INR/g, or 0.58%. Compared to the previous week (reference date: February 28), the increase was larger, at 1.97%. 

United States: Gold prices in the US showed some fluctuations but generally moved slightly upwards. On March 4, the price jumped to 2,913.6 USD/oz t before slightly fluctuating, ultimately closing at 2,910.6 USD/oz t, up by 22.6 USD/oz t, or 0.78%. Compared to the previous week (reference date: February 28), the increase was more significant, at 2.20%. 

Silver Prices 

Silver prices rose in most countries this week, with slight pullbacks, but overall showed significant increases. 

China: Silver prices in China showed a continuous upward trend, with only a slight pullback on March 7. Prices rose from 7890 CNY/kg (March 3) to 8,058 CNY/kg (March 6), and then declined to 8,048 CNY/kg (March 7), showing a net increase of 158 CNY/kg, or 2.00%. Compared to the previous week (reference date: February 28), the increase was 2.51%. 

India: Silver prices in India showed a consistent increase followed by a decrease. Prices rose from 96,055 INR/kg (March 3) to 97,201 INR/kg (March 7), an overall increase of 1,146 INR/kg, or 1.19%. Compared to the previous week (reference date: February 28), the increase was larger, at 4.64%, primarily driven by a 3.41% increase on March 3. 

United States: Silver prices in the US showed some fluctuations but maintained an upward trend. The highest price reached 32.985 USD/oz t (March 5). Overall, prices increased from 31.865 USD/oz t (March 3) to 32.55 USD/oz t (March 7), a rise of 0.685 USD/oz t, or 2.15%. Compared to the previous week (reference date: February 28), the increase was larger, at 3.56%.