Table of Content - Precious Metals Market

The global precious metals market is estimated to be valued at USD 305.45 Bn in 2024 and is expected to reach USD 489.66 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7% from 2024 to 2031. 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

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
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
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
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)
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)
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
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
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About us

*Browse 32 market data tables and 28 figures on 'Global Precious Metals Market' - Global forecast to 2031

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