The price of silver rises by 1.71% on international markets

Kinshasa, June 27^th, 2025 (CPA). – The price of a gram of silver, an export mineral from the Democratic Republic of Congo, rose by 1.71% on international markets, selling at USD 1.19 during the week of June 23^rd to 28^th, 2025, compared to USD 1.17 the previous week, according to a statement from the Ministry in charge of Foreign Trade consulted by the CPA on Thursday. ‘Silver prices rose on international markets during the week of 23 to 28 June 2025. It is trading at USD 1.19, compared to USD 1.17 the previous week, an increase of 1.71% per gram,’ the statement said. According to the statement, in addition to silver, two other commercial mining products saw an increase on international markets during the week in question, namely tin and gold. They are trading at US$32,539.00 and US$109.12 per week, respectively, compared to US$32,282.00 and US$108.29 the previous week, representing increases of 0.80% per ton and 0.77% per gram, respectively. Copper, cobalt and zinc were sold at lower prices, at $9,766.75,  $32,646.00 and $2,604.90 this week, compared to $9,812.00, $32,791.00 and $2,629.20 the previous week, representing declines of 0.46%, 0.44% and 0.92% per ton, respectively. Furthermore, tantalum remained stable during two successive periods from June, 16^th to 21^st and from June 23^rd to 28^th, 2025, trading at USD 227. Compared to the week of June 16^th to 21^st, 2025, silver saw a price increase on international markets. It is trading at USD 1.17 compared to USD 1.1 the previous week, representing an increase of 6.36% per gram. Silver continued to see a price increase on international markets during the week of 9 to 14 June 2025. It is trading at USD 1.1, compared to USD 1.08 the previous week, representing an increase of 1.85% per gram. During the period from February 10^th to 15^th, 2025, silver saw a price increase on international markets. It traded at US$1.02 compared to US$ 0.99 the previous week, representing an increase of 3.03% per gram. However, the document specified that the rise, fall and stability of prices for merchantable mining products, agricultural products and forest products are a result of supply and demand on international markets and the supply chain. These fluctuations have a direct impact on the Congolese economy, which is heavily dependent on raw material exports, particularly in the mining sector.