Precious metals have seen meteoric rises over the past two years, with gold bursting through the $5,000/oz mark. 

The price corrected itself following the recent conflict in the Middle East. We interviewed several players in the industry at the Mining Indaba in Cape Town this year, asking them how and why gold and silver rose so sharply, and whether $5,000/oz is the new norm or should we expect it to sink back to sub $3,000/oz.