Precious Metals Market Size and trends
The global precious metals market is estimated to be valued at USD 327.47 Bn in 2025 and is expected to reach USD 533.12 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032.
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The widespread applications of precious metals in industries, such as jewelry, investment, automotive, and others, are driving significant market revenues. Strong demand for precious metals from rapidly growing industries across developing regions continues to support the market expansion. The market is forecast to experience positive trends over the next few years. Industrial applications of gold, silver, and platinum group metals are increasing due to their unique chemical and physical properties.
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