[EN] Aluminium becomes more expensive and more volatile: With a price-increase rate of 6.2%, the price for Aluminium continues its long term upward trend – the annualized volatility has increased to 19.1%. At the same time, Silver prices report a clear fall. Most other metal markets have stayed quite stable during August. This article discloses detailed information about key figures and latest price developments of the metal markets.
Looking at the past 12 months, we have observed strong price increases but also some noticeable decreases for the major metal markets. In particular prices for Nickel (+29.8%), Zinc (+23.2%) and Aluminium (+17.8%) have risen remarkably. On the other hand, the precious metal markets Gold (-7.8%) and Silver (-18.6%) have reported a clear price decrease.
During the last month, we have observed a significant price increase of Aluminium (+6.2%) and a price decline especially of Silver (-3.5%). All in all prices for the other metal markets have remained relatively stable. The highest price movements are still registered by the Nickel market with an annualized volatility of 25.3% at the end of August (36.5% in July).
In order to provide market visibility for European companies affected by raw material costs, the following analysis takes into consideration the price evolution in EUR unless specified. Please click on the raw materials below to receive more detailed information.
Metals prices returns | 1 YEAR | daily price data | Metals prices returns | 1 MONTH | daily price data |
September 2013 – August 2014 | August 2014 |
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1. GOLD Read more
Gold is traded in US dollars per fine troy ounce by the London Bullion Market Association (LBMA) whereas the price is set twice daily by the London Gold Fixing Company at 10:30 (am) and 15:00 (pm).
With a month closing price of 974.94 EUR/troy oz (1,285.75 USD/troy oz), Gold has increased slightly with a return of +1.5% this month – which is mainly due to the decrease of the Euro – but has decreased by -7.8% during the last 12 months. The annualized volatility increased a little in August and is currently at 11.9%.
Gold (LBMA) | price evolution (pm) | 1 YEAR
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Gold (LBMA) | FX impact
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Gold (LBMA) | key figures
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
2. SILVER Read more
Silver is traded in US dollars per fine troy ounce by the London Bullion Market Association (LBMA). The price is set once daily at 12:00 by the London Silver Fixing Company.
With a month closing price of 14.71 EUR/troy oz (19.40 USD/troy oz), Silver prices have declined with a return of -3.5% this month and even by -18.6% during the last 12 months. The annualized volatility has decreased in August and is currently at 17.6%.
Silver (LBMA) | price evolution | 1 YEAR
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Silver (LBMA) | FX impact
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Silver (LBMA) | key figures
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
3. COPPER Read more
Copper is traded in US dollars per metric ton at the London Metal Exchange (LME).
With a month closing price of 5,303.31 EUR/mt (6,994.00 USD/mt), Copper prices have decreased by the little return of -0.6% this month and by -1.1% during the last 12 months. The annualized volatility has also declined in the last month and is currently at 14.1%.
Copper (LME) | price evolution | 1 YEAR
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Copper (LME) | FX impact
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Copper (LME) | key figures
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
4. ALUMINIUM Read more
Aluminium is traded in US dollars per metric ton at the London Metal Exchange (LME).
With a month closing price of 1,602.59 EUR/mt (2,113.50 USD/mt), Aluminium has continued to increase noticeably with a return of +6.2% this month and +17.8% with a view to the last 12 months. The annualized volatility has also increased further and is now at 19.1%.
Aluminium (LME) | price evolution | 1 YEAR
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Aluminium (LME) | FX impact
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Aluminium (LME) | key figures
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
5. LEAD Read more
Lead is traded in US dollars per metric ton at the London Metal Exchange (LME).
With a month closing price of 1,712.16 EUR/mt (2,258.00 USD/mt), Lead increased with a return of +2.4% this month and +4.8% during the last 12 months. Again the annualized volatility has risen in August and is currently at 16.2%.
Lead (LME) | price evolution | 1 YEAR
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Lead (LME) | FX impact
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Lead (LME) | key figures
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
6. ZINC Read more
Zinc is traded in US dollars per metric ton at the London Metal Exchange (LME).
With a month closing price of 1,787.99 EUR/mt (2,358.00 USD/mt), Zinc decreased slightly with a return of -0.3% this month after a long and strong increase of +23.2% during the last 12 months. The annualized volatility has gone up in August and is currently at 19.7%.
Zinc (LME) | price evolution | 1 YEAR
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Zinc (LME) | FX impact
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Zinc (LME) | key figures
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
7. NICKEL Read more
Nickel is traded in US dollars per metric ton at the London Metal Exchange (LME).
With a month closing price of 13,989.99 EUR/mt (18,450.00 USD), Nickel prices have declined a bit by -0.2% this month but have increased noticeably by +29.8% during the last 12 months. The annualized volatility has fallen in the last month but is currently still at the high level of 25.3%.
Nickel (LME) | price evolution | 1 YEAR
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Nickel (LME) | FX impact
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Nickel (LME) | key figures
September 2013 – August 2014 |
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Source: TALA Consult Commodity Radar |
Date of publication: 5 September 2014
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