Precious Metals: Gold and Silver
Gold
- Price Development in April 2025: The gold price experienced a slight decline of 0.32% in April 2025, closing at $1,947.25. This development may indicate a temporary stabilization of global markets, which somewhat dampened interest in safe investments.
- Investment Strategy: Gold is often regarded as a safe haven in uncertain times. In phases of economic instability or geopolitical tensions, demand for gold increases, leading to price rises.
Silver
- Price Development: Silver often develops in parallel with gold but shows greater volatility. Current developments indicate that silver reacts differently than gold, which may be attributed to its industrial demand.
- Investment Strategy: Silver is used both as a precious metal and in industry, which can influence its prices. During periods of rising industrial demand, the silver price may increase.
Oil
- Price Stability in April 2025: The oil price remained stable at around $85.50 in April 2025. This stability may have been influenced by balanced demand and supply, as well as geopolitical factors and production decisions of OPEC countries.
- Investment Strategy: Oil is a central energy carrier whose price is heavily dependent on geopolitical events and global demand. Investors should be aware of potential price fluctuations due to political decisions or conflicts.
Metals: Copper and Aluminium
- Copper: The price of copper rose by 1.30% in April 2025, which may be due to increased demand from industry. Copper is a key component in the electronics and construction industries and is often seen as an indicator of economic health.
- Aluminium: Aluminium prices may be weaker in the first half of 2025 as trade conflicts could affect demand. However, long-term stabilization is expected due to the green transition and improved economic prospects.
Investment Strategies
- Diversification: Investors should diversify their portfolios to minimize risks. This can be achieved through commodity ETFs that cover a wide range of commodities.
- Long-term Perspective: Many commodities, especially metals like copper, are expected to become scarce in the long run due to electrification and the green transition. This could lead to rising prices.
In times of increasing financial uncertainties and debts, investing in commodities can be a sensible addition to the investment strategy. However, it is important to closely monitor market developments and be prepared for potential price fluctuations.