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Key Challenges and Opportunities in the Gold and Silver Industry

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Abstract

Gold and silver have been known to mankind since the fourth millennium BCE. For a large part of history, gold and silver have been considered stores of value and used as currencies. With the switch to fiat money and the advent of the industrial age, gold and silver have become commodities. The profitability of gold and silver industry is directly dependent on the prices of gold and silver, which is no longer dependent on supply and demand only but many other factors including investor sentiment. To get a complete picture of the price dynamics of gold and silver, it is important to understand the role gold and silver have played in human history.

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Correspondence to B. Gorain or V. I. Lakshmanan .

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Gorain, B., Lakshmanan, V.I. (2019). Key Challenges and Opportunities in the Gold and Silver Industry. In: Lakshmanan, V., Gorain, B. (eds) Innovations and Breakthroughs in the Gold and Silver Industries. Springer, Cham. https://doi.org/10.1007/978-3-030-32549-7_1

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