Precious Metals Market, By Metal Type (Gold, Silver, Platinum, and Palladium), By Application (Jewelry, Industrial, Investment, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Precious Metals Market, By Metal Type (Gold, Silver, Platinum, and Palladium), By Application (Jewelry, Industrial, Investment, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


The global precious metals market refers to the trade of precious metals such as gold, silver, platinum, and palladium. These metals are rare and have many special properties like conductivity, corrosion resistance, and innate beauty which make them useful for various applications. They are chiefly used in jewelry, electronics, bullion investment, and automotive. Recent years have seen significant demand growth from emerging economies of Asia Pacific and Middle East regions which are leading to new supply avenues and opportunities for market participants. However, challenges remain in terms of volatility in prices and supply security risks.

Market Dynamics:

The key drivers of the global precious metals market include rising disposable incomes in developing nations fueling jewelry purchases, increased industrial usage of silver and platinum in electronics and automotive sectors, and investment demand from hedge funds and high net worth individuals looking for portfolio diversification. However, price volatility owing to geopolitical tensions and speculative trading remains a major challenge. Opportunities lie in developing innovative applications utilizing nanotechnology and in 3D printing sector. Precious metal recycling is another area attracting focus to enhance supplies while reducing environmental footprint.

Key Features of the Study:
  • This report provides in-depth analysis of the global precious metals market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global precious metals market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Barrick Gold Corporation, Newmont Corporation, AngloGold Ashanti Limited, Gold Fields Limited, Wheaton Precious Metals Corp., Royal Gold, Inc., Agnico Eagle Mines Limited, Pan American Silver Corp., Fresnillo plc, Silver Wheaton Corp., Johnson Matthey PLC, South32 Limited, Sibanye Stillwater, Platinum Group Metals Ltd., and Harmony Gold Mining Company Limited
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global precious metals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global precious metals market
Market Segmentation
  • By Metal Type Insights (Revenue, USD Bn, 2019 - 2031)
  • Gold
  • Silver
  • Platinum
  • Palladium
  • By Application Insights (Revenue, USD Bn, 2019 - 2031)
  • Jewelry
  • Industrial
  • Investment
  • Others
  • Regional Insights (Revenue, USD Bn, 2019 - 2031)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Barrick Gold Corporation
  • Newmont Corporation
  • AngloGold Ashanti Limited
  • Gold Fields Limited
  • Wheaton Precious Metals Corp.
  • Royal Gold, Inc.
  • Agnico Eagle Mines Limited
  • Pan American Silver Corp.
  • Fresnillo plc
  • Silver Wheaton Corp.
  • Johnson Matthey PLC
  • South32 Limited
  • Sibanye Stillwater
  • Platinum Group Metals Ltd.
  • Harmony Gold Mining Company Limited


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Precious Metals Market, By Metal Type
Global Precious Metals Market, By Application
Global Precious Metals Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Precious Metals Market, By Metal Type, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Gold
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Silver
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Platinum
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Palladium
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Precious Metals Market, By Application, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Jewelry
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Investment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Precious Metals Market, By Region, 2019 - 2031, Value (USD Bn)
Introduction
Market Share (%) Analysis, 2024, 2027 & 2031, Value (USD Bn)
Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Bn)
Regional Trends
North America
Introduction
Market Size and Forecast, By Metal Type, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Metal Type, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Metal Type, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Metal Type, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Metal Type, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Metal Type, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Bn)
South Africa
North Africa
Central Africa
7. Competitive Landscape
Barrick Gold Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Newmont Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
AngloGold Ashanti Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Gold Fields Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Wheaton Precious Metals Corp.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Royal Gold, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Agnico Eagle Mines Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Pan American Silver Corp.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Fresnillo plc
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Silver Wheaton Corp.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Johnson Matthey PLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
South32 Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Sibanye Stillwater
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Platinum Group Metals Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Harmony Gold Mining Company Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
8. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
9. References and Research Methodology
References
Research Methodology
About us
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