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LBMA Trade Data Weekly Change – 17 May 2021

Trading across the OTC markets dropped for a consecutive week, with only #palladium posting positive growth in all traded instruments. As leading precious metals analyst, Rhona OConnell pointed out in her Monthly Analysis – https://lnkd.in/dDvmr9h, we continue to see a trend of palladium activity moving in the reverse of #platinum, with LBMA Trade Data revealing the ▼73% drop in platinum options trading coincided with a ▲72% increase in palladium options trading. Even with the lease loan markets showing growth in both metals, the aggregated trading still moved in opposite directions.