Industry Analysis & Industry Trends
While the high price of gold allowed revenue and profit margins to rise during the recession, gold prices are expected to temporarily fall in 2013 as the economy continues to recover from its recessionary declines. Throughout the majority of the next five years, the world price of gold and silver will increase at a slower rate than it did in the five years to 2013. This will ease upward pressure on gold and silver prices, slowing industry growth... purchase to read more
Industry Report - Industry Products Chapter
Gold and silver are sold in three forms: ore and concentrates, dore, and bullion. Gold bullion represents the largest share of industry revenue at 73.1%, and total gold sales account for about 91.3% of industry revenue. Silver products make up an estimated 8.7% of industry revenue despite exceeding gold fivefold in output metric tons (the much higher value of gold accounts for its significant share of revenue).
Silver versus gold
The industry's two primary products, gold and silver, have shifted slightly as percentages of revenue over time, with silver's share dropping in response to gold's quick rise in price. Currently, silver accounts for about 8.7% of revenue in 2013... purchase to read more