2014-03-17 14:37:02 - Global Precious Metals Industry: Porterâs Five Forces Analysis - a new market research report on companiesandmarkets.com
The precious metals market includes the following metals such as sliver, gold, platinum, palladium, diamonds and rhodium. During the period 2008 to 2012, the global precious metals market reported a period of fluctuating market prices and demand although during 2013 and over the next few years, this sector is forecast to report strong demand and growth in previous metals market revenues.
The price of gold has fallen since the beginning of the summer 2013 and this trend has also been followed for silver with prices falling since February 2013. The recent reduction in pricing levels for gold and silver is likely to impact the output of these two precious metals in the short term.
The activity of the precious metals market during
the summer 2013 represented one of the lowest in recent years. The profitability of mining for both gold and silver has been impacted recently and analysts are predicting that this has to change in the near future.
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