Gold Prices Slipped! SUNSHINE Weekly Metal Prices Tracker: May 26-30, 2025

This week (May 26 to 30, 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 

Copper prices weakened across all countries this week, with the UK and US seeing the largest declines. In contrast, China experienced mild fluctuations with a slight downward trend, while prices in India remained relatively stable. 

China: Copper prices in China showed a slight downward trend this week, with a brief rebound on May 29. However, prices dropped to the weekly low on May 30, falling from 78,270 CNY/MT (May 26) to 77,930 CNY/MT (May 30), a decrease of 0.43%. Compared to the previous week (reference date: May 23), this represents a slight increase of 0.18%. 

India: Copper prices in India saw a minor decline early in the week, followed by a notable rebound on May 29 and a slight pullback on May 30. Overall, prices moved only slightly, decreasing from 860.15 INR/kg (May 26) to 859.9 INR/kg (May 30), a minimal drop of 0.03%. Compared to the previous week (reference date: May 23), prices remained unchanged. 

United Kingdom: Copper prices in the UK trended downward this week. Despite a slight rebound on May 29, prices dropped sharply on May 30, falling from 9,596.5 USD/MT (May 27) to 9,498 USD/MT (May 30), a decline of 1.03%. Compared to the previous week (reference date: May 23), the decrease was 1.17%. 

United States: Copper prices in the US dropped significantly at the start of the week, followed by two days of mild recovery. Overall, prices still fell from 4.7135 USD/lb (May 27) to 4.6665 USD/lb (May 30), a decrease of 1.00%. Compared to the previous week (reference date: May 23), the drop was more substantial at 3.44%. 

Aluminum Prices 

Aluminum prices fell in China, the US, and the UK this week, with the most significant declines seen in the US and UK. India was the only country to register a slight increase. 

China: Aluminum prices in China fluctuated frequently this week, with a decline at the beginning followed by two days of gains, then a noticeable drop on May 30. Overall, prices decreased slightly from 20,210 CNY/MT (May 26) to 20,175 CNY/MT (May 30), a decline of 0.17%. Compared to the previous week (reference date: May 23), prices fell by 0.22%. 

India: Aluminum prices in India showed relatively large fluctuations—rising, then falling, and finally rebounding slightly before a minor decline. Overall, the trend was relatively stable, rising from 235.05 INR/kg (May 26) to 235.35 INR/kg (May 30), an increase of 0.13%. Compared to the previous week (reference date: May 23), prices dropped slightly by 0.08%. 

United Kingdom: Aluminum prices in the UK declined steadily throughout the week, showing clear weakness. The largest daily drop was 0.73% on May 29. Overall, prices fell from 2,485 USD/MT (May 27) to 2,444 USD/MT (May 30), a decline of 1.65%. Compared to the previous week (reference date: May 23), the drop was 0.79%. 

United States: Aluminum prices in the US fluctuated this week, with two days of slight gains followed by a significant drop on May 30 (1.74%). Overall, prices fell from 2,370.75 USD/MT (May 27) to 2,342 USD/MT (May 30), a decline of 1.21%. Compared to the previous week (reference date: May 23), the drop was 0.07%. 

Gold Prices 

Gold prices across all countries saw minor fluctuations this week but generally trended downward. US gold prices were the most stable, with the smallest overall decline, while India saw the largest decrease at 1.35%.

China: Gold prices in China fluctuated slightly, with the largest drop of 1.01% on May 29 and a rebound on May 30, nearly returning to the week’s starting level. Overall, prices declined slightly from 775.52 CNY/g (May 26) to 770.18 CNY/g (May 30), a decrease of 0.69%. Compared to the previous week (reference date: May 23), prices fell by 1.00%. 

India: Gold prices in India showed a downward trend, with brief rebounds on May 28 and 29 before falling again. Overall, prices dropped from 9,593.7 INR/g (May 26) to 9,464.4 INR/g (May 30), a decline of 1.35%. Compared to the previous week (reference date: May 23), prices fell by 1.84%. 

United States: Gold prices in the US rose initially before declining later in the week, showing minor fluctuations overall. Prices fell from 3,298 USD/oz t (May 27) to 3,289.4 USD/oz t (May 30), a slight decrease of 0.26%. Compared to the previous week (reference date: May 23), prices saw a larger drop of 1.84%. 

Silver Prices 

Silver prices across countries showed a downward trend this week. Prices in China were relatively stable with minor fluctuations, while prices in the US and India experienced more volatility and moderate declines. 

China: Silver prices in China remained relatively stable. After an initial decline early in the week, they fluctuated within a narrow range and ultimately declined slightly from 8,263 CNY/kg (May 26) to 8,216 CNY/kg (May 30), a decrease of 0.57%. Compared to the previous week (reference date: May 23), prices fell by 0.33%. 

India: Silver prices in India generally trended downward, with a brief rebound on May 29 followed by further decline. Overall, prices fell from 98,003 INR/kg (May 26) to 97,015 INR/kg (May 30), a drop of 1.01%. Compared to the previous week (reference date: May 23), the decrease was 1.06%. 

United States: Silver prices in the US fluctuated this week, with the highest daily gain of 1.05% on May 29 and the largest daily drop of 0.98% on May 30. Overall, prices declined from 33.215 USD/oz t (May 27) to 32.975 USD/oz t (May 30), a decrease of 0.72%. Compared to the previous week (reference date: May 23), the decline was larger at 1.67%.