Catalog year: 2009

In 2009, the global metals market experienced a number of significant changes and trends amid the global economic crisis and subsequent recovery.
The price of gold rose rapidly throughout 2009, reflecting the increased demand for safer assets in an environment of economic instability. The main growth factors included the weakening of the US dollar, low interest rates and concerns about inflation. By the end of the year, the price of gold approached the level of $ 1,100 per ounce, which was a record level at that time.
The price of silver has also increased significantly. In 2009, the price of silver rose from about $11 per ounce at the beginning of the year to about $17 per ounce by the end of the year. The interest in silver was due to its dual nature as an industrial metal and an asset used as savings.
Platinum and palladium: These metals also showed significant price increases in 2009. By the end of the year, the price of platinum had risen to about $1,400 per ounce, and palladium to about $375 per ounce.
In conditions of unstable financial markets and economic uncertainty, the demand for physical gold and silver has increased dramatically. Central banks also returned to buying gold, which helped prices rise. The American Silver Eagle remained one of the most popular silver coins, and its sales reached record levels.
The effects of the global financial crisis of 2008 continued to have an impact on the markets. Low interest rates and quantitative easing in the United States and other countries supported demand for precious metals. Investors were concerned about the potential rise in inflation due to economic stimulus measures, which increased demand for defensive assets such as gold and silver.