MajorsJul 08, 2026
Kendra Scott Joins ‘Shark Tank’ As Permanent Investor The founder of the billion-dollar jewelry and lifestyle brand will debut as a full-time “Shark” on the upcoming season of the show.
OtherJul 14, 2014
Second firm predicts stable precious metal prices
Another analyst has told National Jeweler that he expects gold and silver prices to remain relatively steady in the foreseeable future, as investors normalize their approach to buying in light of the improving global economy.
New York--The wild ride is over, or at least on pause, for now.
A second precious metals analyst told National Jeweler that he expects gold and silver prices to remain relatively steady in the foreseeable future, as investors normalize their approach to precious metal buying in light of the improving global economy.
Philip Newman, a director at London-based Metals Focus, which just published its silver five-year forecasting quarterly, said that the per-ounce price of silver has picked up as of late due to uncertainty in the Middle East and concerns about the banking sector in Portugal.
After trading at $18 to $19 per ounce, the metal is now trading above $20, closing Monday at $21.13 per ounce on the London fix, according to Kitco.com.
The same has been seen with gold (the per-ounce price of the two metals broadly moves in tandem), which was trading around $1,250 per ounce before topping $1,300 again, closing Monday at $1,306 per ounce on the London PM fix, according to Kitco.com.
Newman said he does not see the metals continuing to build on these gains and expects a correctional slump later in the year, but not a massive one. Prices for both metals will trade in a narrow range for the foreseeable future, hitting a low at some point in 2015.
He said there is less volatility in the metals markets now because investors are balancing their portfolios. This mirrors the forecast recently given by Andrew Leyland, a London-based metals analyst with GFMS, Thomson Reuters, who described silver, gold and platinum prices as “range-bound” in a quiet market.
RELATED CONTENT: Metal prices expected to remain relatively steady
The price is not being driven up precipitously by investors rushing into the market to buy massive amounts of precious metals as they did in 2008, 2009 and 2010. On the flip side, it also is not seeing a great drop in price, which occurred in 2013 and earlier this year when many investors exited at once.
On the demand side, Newman said that silver jewelry has been picking up in recent years in the U.S. He said the market also saw increased demand for karat gold jewelry last year, though this isn’t expected to have a long-term impact on silver.
“The sticker-price shock of 2011, 2012 has faded. As karat gold comes back (though) I don’t see it taking real estate
from silver jewelry,” Newman said, noting that consumers’ return to buying 10- and 14-karat gold is more likely to detract from the market for gold-plated jewelry.
He said he expects demand for both silver and karat gold jewelry to continue to increase in the coming years.
While the gold and silver markets have been, and are expected to remain, relatively quiet, palladium has experienced a recent run-up in price. This is due to increased auto catalyst demand in the U.S. and China, the strikes at the platinum group mines in South Africa, which have left the metal in short supply, and uncertainty about embargos on Russia, the world’s largest miner of palladium, Newman said.
The metal’s per ounce price hit a 13-year high last week, closing at $873 per ounce Wednesday on the London PM fix, according to Kitco.com.
More on Other
The Latest
SurveysJul 08, 2026
Signet Jewelers Falls 5 Spots on NRF’s ‘Top 100’ Retailers ListPlus, why retailers should be ready to adjust as the U.S. population may decline this year for the first time since the Great Depression.
CrimeJul 08, 2026
Here’s What Thieves Stole From the Lalique Museum René Lalique’s “Woman Dragonfly With Open Wings” pendant, the first piece the museum acquired, was one of the jewels taken.
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center StageColored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.
MajorsJul 08, 2026
Richline Group Promotes 2 ExecsArien Gessner and Moss Makhoulian have been elevated into newly created roles.
Weekly QuizJul 01, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
ColumnistsJul 07, 2026
Peter Smith: Diamond Branding and the Origin ParadoxA podcast prompted Smith to share his views on where origin fits into the natural diamond story and the viability of branded diamonds.
Events & AwardsJul 07, 2026
JA Announces 2026 Impact Initiative RecipientsThe association selected eight recipients for the funding program, which is in its second year.
Brought to you by
Building the Future of Jewelry Retail: DCA Expands Education, Leadership Development, and Workforce SolutionsDCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.
TrendsJul 07, 2026
Amanda’s Style File: Ruby, White and Blue Whether celebrating America’s 250th birthday or the USA’s World Cup run, July birthstone jewelry can double as a patriotic accessory.
CrimeJul 07, 2026
Thieves Steal Millions in Jewels From France’s Musée LaliqueAround 20 pieces of jewelry were stolen from the museum dedicated to French jeweler and glassmaker René Lalique.
CollectionsJul 07, 2026
Robinson Pelham Is Partying Like It’s 1996The “Summer of ’96” campaign and collection celebrate the year the brand was founded for its 30th anniversary.
SourcingJul 06, 2026
Gemfields CEO Sean Gilbertson Steps DownAfter eight years, Gilbertson is leaving his post at the mining company, which is currently facing a slew of operational challenges.
IndependentsJul 06, 2026
Bachendorf’s To Open Fifth Store In DallasThe new location is set to open this winter, featuring the retailer’s first rotating jewelry designer residency.
MajorsJul 06, 2026
Graff Names BTS Star Jung Kook as New AmbassadorThe pop artist appears in the latest campaign for the “Laurence Graff Signature” collection.
CollectionsJul 06, 2026
Pandora’s New Baroque Pearl Collection Is a Whimsical ‘Wonder’One-of-a-kind pearls take the shape of ice cream cones, frogs, submarines, and other imaginative charms.
SourcingJul 02, 2026
London Diamond Bourse Elects First Female PresidentCharlotte Rose said her election is “a sign that this is an industry capable of change.”
Supplier BulletinJul 02, 2026
Elevating Retail Showcases with Today's Necklace & Bracelet TrendsSponsored by Rio Grande Jewelry Supply
TrendsJul 02, 2026
Oscar Heyman’s Flag Brooch Celebrates AmericaThe American jewelry house, founded by Latvian immigrants, has been creating American flag brooches since 1917.
IndependentsJul 02, 2026
D. Geller & Son Partners with KSU Art Students on Store MuralThe artwork celebrates the Atlanta jeweler’s legacy and symbolizes its commitment to supporting local artists and its community.
Events & AwardsJul 02, 2026
Stratus Estate Buyers Offers Jewelers Turnkey Buying EventsIts team can evaluate jewelry and watches, as well as luxury handbags, artwork, and collectibles.
SurveysJul 01, 2026
Consumer Confidence Ticks Up in JuneFalling oil prices were a factor in the slight month-over-month improvement.
CollectionsJul 01, 2026
Rio Grande Launches First Finished Bridal CollectionThe new offering comprises more than 120 bridal and engagement ring styles with natural and lab-grown diamonds.
WatchesJul 01, 2026
Rolex Unveils Clock at Rockefeller CenterThe clock is part of the celebration for the soon-to-open Rolex headquarters on New York City’s Fifth Avenue.
IndependentsJul 01, 2026
Kristen Cannon of Valobra Master Jewelers Dies at 49The public relations professional is remembered for her benevolent generosity and unwavering commitment to those around her.
WatchesJun 30, 2026
Pokémon Fans Will Want to Catch This New G-Shock WatchThe new watch commemorates Pokémon’s 30th anniversary.
MajorsJun 30, 2026
Saks Global Emerges From Bankruptcy With New NameThe luxury retailer is now called Exemplar Luxury Group.
CollectionsJun 30, 2026
Jade Ruzzo’s New Collection Embodies the Art of Being a LadyThe “Lady” collection is a new take on old beauty standards with gemstone-adorned hair pins and combs, a compact mirror necklace, and more.
