In accordance with the law, it's required by the U.S. government through the National Gold and Silver Stamping Act of 1906, that each and every gold and silver jewelry and related items purchased is marked with a quality mark and marked with a trademark. The presence of the manufacture's trademark is an important assurance that the ration of gold to alloy as represented by a stamp on the article is accurate, thus making it conform to the law.

According to the report, Growing Use of Palladium in the Automobile and Electronics Industries is one of the primary growth factors for the market. Growing Spending Power is also expected to contribute significantly to the Precious Metals market growth. Overall, Jewelry applications of Precious Metals, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online, is boosting the Precious Metals market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Precious Metals market identified that the demand is rising in many different parts of the world as "Gold as an Investment Option".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Precious Metals market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Precious Metals market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Precious Metals Market Study

Data Triangulation
The overall Precious Metals market size is calculated using market estimation process, the Precious Metals market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Precious Metals market size has been validated using both top-down and bottom-up approaches.