openPR Logo
Press release

Precious Metals Market investment will reach US$ 474.65 Billion by 2030

Precious Metals Market

Precious Metals Market

๐๐ซ๐ž๐œ๐ข๐จ๐ฎ๐ฌ ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at US$ 257.98 Bn in 2023 and the total revenue is expected to grow at 9.1 % through 2024 to 2030, reaching nearly US$ 474.65 Bn.

๐๐ซ๐ž๐œ๐ข๐จ๐ฎ๐ฌ ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The global precious metals market has been witnessing significant growth, driven by the increasing demand from various sectors such as jewelry, electronics, and automotive. Metals like gold, silver, platinum, and palladium have long been considered valuable commodities, and their prices fluctuate based on factors such as global economic stability, inflation, and investor sentiment. The market for precious metals has also seen a surge in interest from institutional investors and hedge funds, especially during periods of economic uncertainty, as these metals are seen as safe-haven assets. Moreover, the growing adoption of precious metals in renewable energy applications, such as catalysts in hydrogen fuel cells, is expanding the scope of the market.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.maximizemarketresearch.com/request-sample/65161/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ซ๐ž๐œ๐ข๐จ๐ฎ๐ฌ ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

One of the primary drivers in the precious metals market is the increasing demand for gold as a hedge against inflation and economic instability. Investors often turn to gold during times of financial crisis, political uncertainty, or currency devaluation, as it retains value and offers a degree of security. This has been particularly evident during global economic slowdowns, where investors flock to precious metals to safeguard their portfolios. Additionally, central banks around the world continue to increase their gold reserves, further driving demand for the metal. The role of gold in the investment landscape, particularly in exchange-traded funds (ETFs) and bullion, continues to support the growth of the market.

๐๐ซ๐ž๐œ๐ข๐จ๐ฎ๐ฌ ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

One of the primary drivers in the precious metals market is the increasing demand for gold as a hedge against inflation and economic instability. Investors often turn to gold during times of financial crisis, political uncertainty, or currency devaluation, as it retains value and offers a degree of security. This has been particularly evident during global economic slowdowns, where investors flock to precious metals to safeguard their portfolios. Additionally, central banks around the world continue to increase their gold reserves, further driving demand for the metal. The role of gold in the investment landscape, particularly in exchange-traded funds (ETFs) and bullion, continues to support the growth of the market.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/65161/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ:'

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: In recent developments, a leading precious metals manufacturer based in Vietnam, Viet Gold Co., has merged with local mining operations to improve production efficiencies and market outreach in Southeast Asia.
๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: Thailand's Precious Gems Trading Co. has acquired a controlling stake in a local silver refining company, expanding its foothold in the region and enhancing its position as a key player in the precious metals trade.
๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: Singapore's Precious Metal Solutions Ltd. has entered into a strategic acquisition with a U.S. bullion distributor to tap into growing demand in Asia, marking a significant expansion of its global operations.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐›๐ฒ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

๐๐ž๐ฐ๐ฆ๐จ๐ง๐ญ ๐†๐จ๐ฅ๐๐œ๐จ๐ซ๐ฉ: The company has been actively acquiring smaller miners to strengthen its reserves and enhance production efficiency. It is expected to play a significant role in future gold price dynamics.
๐Œ๐ž๐ญ๐š๐ฅ๐จ๐ซ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ: As a leading global player, Metalor Technologies is investing heavily in refining and manufacturing processes to enhance product quality and increase its market share in precious metals.
๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š๐ง ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐จ๐ซ๐ฌ: Companies like Hyundai Materials are focusing on enhancing their technological capabilities in refining precious metals, particularly for industrial applications.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ:https://www.maximizemarketresearch.com/request-sample/65161/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐๐ซ๐ž๐œ๐ข๐จ๐ฎ๐ฌ ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Type

Gold
Silver
Platinum
Palladium
Osmium
Iridium
Ruthenium
Rhodium

by Applications

Jewellery
Industrial
Electronics
Automotive industry
Chemical
Medical
Others

by End User Industry

Aerospace
Others

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐๐ซ๐ž๐œ๐ข๐จ๐ฎ๐ฌ ๐Œ๐ž๐ญ๐š๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Anglo American
2. Barrick Gold
3. Impala Platinum
4. Lonmin
5. Newmont Mining
6. Johnson Matthey
7. Goldcorp
8. Norilsk Nickel
9. Northam Platinum
10.North American Palladium
11.Freeport-McMoRan
12.First Quantum Minerals
13.Fresnillo plc
14.Pan American Silver Corporation
15.Kinross Gold
16.Randgold Resources
17.Southern Copper Corporation
18.Evolution Mining Ltd
19.Newcrest Mining

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-precious-metals-market/65161/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Precious Metals Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Precious Metals Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Autogas Market https://www.maximizemarketresearch.com/market-report/autogas-market/215529/

โ™ฆ Wood Fencing Market https://www.maximizemarketresearch.com/market-report/wood-fencing-market/215533/

โ™ฆ Utility Poles Market https://www.maximizemarketresearch.com/market-report/utility-poles-market/210029/

โ™ฆ Geoengineering Market https://www.maximizemarketresearch.com/market-report/geoengineering-market/214149/

โ™ฆ Voltage Transformer Market https://www.maximizemarketresearch.com/market-report/voltage-transformer-market/214485/

โ™ฆ Electrical Services Market https://www.maximizemarketresearch.com/market-report/electrical-services-market/214546/

โ™ฆ PV Module Encapsulant Film Market https://www.maximizemarketresearch.com/market-report/pv-module-encapsulant-film-market/215474/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Precious Metals Market investment will reach US$ 474.65 Billion by 2030 here

News-ID: 3775140 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Baby Wipes Market Outlook: Expected to Reach USD 8.02 Billion by 2030
Baby Wipes Market Outlook: Expected to Reach USD 8.02 Billion by 2030
Baby Wipes Market size was valued at US$ 5.62 Bn in 2023 and the total revenue is expected to grow at 5.2 % through 2024 to 2030, reaching nearly US$ 8.02 Bn. Baby Wipes Market Overview: The Baby Wipes Market is witnessing strong growth due to increasing awareness among parents regarding infant hygiene and skin care. Baby wipes are convenient, pre-moistened products used for cleaning babies' skin, offering quick and effective solutionsโ€ฆ
Polymethyl Methacrylate Market Outlook: Expected to Reach USD 7.51 Billion by 2030
Polymethyl Methacrylate Market Outlook: Expected to Reach USD 7.51 Billion by 20 โ€ฆ
Polymethyl Methacrylate Market size was valued at USD 5.30 Billion in 2023 and the total Polymethyl Methacrylate revenue is expected to grow at a CAGR of 5.10% from 2024 to 2030, reaching nearly USD 7.51 Billion by 2030. Polymethyl Methacrylate Market Overview: The Polymethyl Methacrylate (PMMA) Market is witnessing steady growth, driven by its widespread applications across industries such as automotive, construction, electronics, and healthcare. PMMA, also known as acrylic or acrylicโ€ฆ
Household Vacuum Cleaners Market Outlook: Expected to Reach USD 26.85 Billion by 2032
Household Vacuum Cleaners Market Outlook: Expected to Reach USD 26.85 Billion by โ€ฆ
Household Vacuum Cleaners Market size was valued at USD 17.90 Bn. in 2024, and the total Household Vacuum Cleaners Market revenue is expected to grow by 5.2% from 2025 to 2032, reaching nearly USD 26.85 Bn. Household Vacuum Cleaners Market Overview: The Household Vacuum Cleaners Market is experiencing significant growth due to rising consumer awareness about home hygiene and cleanliness. Increasing urbanization, hectic lifestyles, and the demand for efficient cleaning solutions areโ€ฆ
Rugs Market Outlook: Projected to Reach USD 57.30 Billion by 2032
Rugs Market Outlook: Projected to Reach USD 57.30 Billion by 2032
Rug Market size was valued at USD 39.38 Billion in 2024 and the total Rug revenue is expected to grow at a CAGR of 4.8% from 2025 to 2032, reaching nearly USD 57.30 Billion. Rugs Market Overview: The Rugs Market is witnessing substantial growth driven by rising consumer demand for interior decoration and home improvement solutions. Rugs are increasingly used not only for functional purposes, such as comfort and floor protection, butโ€ฆ

All 5 Releases


More Releases for Metal

Metal Roofing Companies Revolutionizing the Industry: Classic Metal Roofs Leads โ€ฆ
Classic Metal Roofs has established itself as a leading provider of durable and energy-efficient roofing systems in Southern New England. With over 20 years of experience, the company is known for high-quality installations, customer satisfaction, and sustainable metal roofing solutions. As homeowners increasingly seek durable and energy-efficient solutions, metal roofing companies continue to provide top-tier roofing systems. Among the industry leaders, Classic Metal Roofs [http://business.bigspringherald.com/bigspringherald/markets/article/abnewswire-2025-2-15-classic-metal-roofs-expert-aluminum-shingle-metal-roof-installation-and-services/] stands out for its commitment toโ€ฆ
Rare Metal Raw Materials - Boron(B) Metal
Boron Powder [https://www.urbanmines.com/boron-powder-product/] Short Description: Boron [,%20a%20chemical%20element%20with%20the%20symbol%20B%20and%20atomic%20number%205,%20is%20a%20black/brown%20hard%20solid%20amorphous%20powder.%20It%20], a chemical element with the symbol B and atomic number 5, is a black/brown hard solid amorphous powder. It is highly reactiveand soluble in concentrated nitric and sulfuric acids but insoluble in water, alcohol and ether. It has a high neutro absorption capacity. UrbanMines specializes in producing high purity Boron Powder with the smallest possible average grain sizes. Our standard powderparticle sizes average in theโ€ฆ
Metal Polishing Services Market Trends and Leading Players 2023-2030 | Metal Pol โ€ฆ
With a CAGR of 6.1%, the Metal Polishing Services Market is expected to grow from USD 1.5 billion in 2023 to USD 2.3 billion by 2030, offering a gleaming finish to metal surfaces for aesthetic and functional purposes. Market Overview: The Metal Polishing Services market is poised for rapid growth, driven by several pivotal drivers. There is a continuous demand for metal finishing and polishing services that improve the appearance andโ€ฆ
Metal Polishing Services Market Research Report 2020 Analysis: Enhanced Growth a โ€ฆ
Metal Polishing Services Market Global Metal Polishing Services Market is providing the summarized study of several factors encouraging the growth of the market such as manufacturers, market size, type, regions and numerous applications. By using the report consumer can recognize the several dynamics that impact and govern the market. For any product, there are several companies playing their role in the market, some new, some established and some are planning toโ€ฆ
Worldwide Recycled Metal Market By Metal 2024 | Nucor, Steel Dynamics, Schnitzer โ€ฆ
The 2018-2024 report on global Recycled Metal market explores the essential factors of Recycled Metal industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts. North America recycled metal market was estimated close to USD 8.5 billion in 2017. This is mainly attributed to strong presence of transportation, electrical & electronics and defense industry which majorly constitute to the overall product demand. Moreover, strict laws formulatedโ€ฆ
Recycled Metal Market By Metal 2018-2024 Top Key Players like Sims Metal Managem โ€ฆ
MarketStudyReport.com Adds New Recycled Metal Market 2018 โ€“ 2024 research report providing information and data By Metal, By End-user, Industry Analysis, Regional Outlook, Application Growth Potential, Trends, Competitive Market Share & Forecast spreading across 323 Pages with table and figures in it. Players operating in the global Recycled Metal market include Sims Metal Management, Steel Dynamics, Novelis Inc., Triple M Metal LP., Armco Metal Holdings, Kuusakoski Recycling, Befeso, Schnitzer Steel, Hawkeswoodโ€ฆ