Gold prices in the crisis: jewelry industry is fighting for survival!

Gold prices in the crisis: jewelry industry is fighting for survival!

High gold prices currently shape the market and have significantly influenced the demand in the jewelry industry. According to Krone , the overall sales of German manufacturers of 18-Karat alloys in 2023 fell by around 17 percent to 28 tons. This development was not only observed in the classic jewelry segment, but also in the luxury area.

The Department of Edelmetals in Pforzheim has found that in 2023 private investors increasingly offered old jewelry, bars and coins for sale, which led to a decline in demand for bars and coins by 23 percent. Thomas Weiß from the specialist association said that "people want security". This reflects the influence, the uncertainties, such as the choice of Donald Trump as the US President, on the market mood.

Current developments in the gold market

A look at the current prize situation shows that the gold price on April 1, 2025 is $ 3,144, with an expected daily range between $ 3,115 and $ 3,165. This data comes from an analysis of Kagels Trading , which also indicates the difficult forecast for 2025. The daily changes in US trade policy could continue to influence the gold price.

The basics of price dynamics are determined by supply and demand, interest policy and inflation. The high positions of the gold price have also been heated in recent months by impending US tariffs to European goods. Börsennews this also has a negative impact on dental gold, so that visits to the dentist Tooth gold less.

market development and view into the future

Despite the increase in gold prices, there are positive signs in the recycling area. Old gold sales have led to an increase of around 20 percent in the recycling of Altgold in Germany compared to the previous year. At the same time, interest in smaller gold pieces, with new offers such as a thin film with 0.314 grams.

The medium -term gold price forecast by 2027 provides for a stable upward trend with price targets of $ 3,300, followed by a long -term forecast, which predicts an increase to up to $ 4,500 by 2030. This information comes from the analysis of Kagels Trading, which also emphasizes that technical applications of silver, especially in e-mobility and photovoltaics, gain in importance, while demand in vehicle technology drops due to the difficult location of the car industry.

The uncertainties in the market and geopolitical events could complicate the predictions. Therefore, it remains to be seen how the events will develop in the first half of the year and what influence they have on gold prices and the associated markets.