Gold is one of the world’s most valuable metals, but its value has been under pressure as people buy more, spend less, and earn less.
In 2016, the world lost 1,500 metric tons of gold to the metals market, and demand for gold was falling as the global economy boomed.
The US Geological Survey recently reported that gold mining is set to fall by as much as 20 percent in the coming decades due to mining challenges, a sharp decrease from the peak of almost 30 percent in 2009.
Snoopy Tablestopper is the first to take the lead in the category, but it is not alone.
Porter & Barrows, the UK-based luxury goods maker, overtook Gold’s market share for the first time in 2014 and has since regained that lead, according to the International Monetary Fund.
The market for Snoopy table ware and Snopes tableware has also doubled in size since 2014, the company said in a statement on Friday.
“We are delighted to see this rapid growth in Snoopy,” Porter &.; Barrows founder and chief executive Simon Barrows said in the statement.
“It is a fantastic example of the strength of our brand and the importance of innovation in the retail space.
We’re confident that our products will continue to lead the industry.”
The brand also holds a prominent place in the worlds coffee, chocolate and tea markets, as it is one the most successful brands in the world, according the US coffee association.
Despite the surge in popularity, the silver metal’s price has been stuck in a downtrend, according Goldsy, a global precious metal price tracker.
It is currently trading around $1,095 per ounce.
This month, gold’s price was trading around 4 percent below its peak in June, when it topped $1.0818 per ounce, according BATS Global Markets.