State of the Industry 2023

The past year has again been a roller-coaster ride for precious metals. However, hope may be on the horizon: Experts expect the metals market to stabilize as the global economy continues to recover.

The gold market has been on a bit of a wild ride this year. After starting the year in the low $1,800s, the price of gold surged to more than $2,000 mid-year before falling back down into the low $1,800s again this fall. It has since rebounded, but these swings are expected to last a big longer.