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Aureus News

LBMA Trade Data Weekly Change – 24 May 2021

The OTC precious metals market rebounds after consecutive falls in trading activity in recent weeks. This week’s figures show trading across all instruments (spot, swaps/forwards, options, and lease loan deposits) posted double-digit growth in all metals but palladium, where trading activity was broadly flat. Spot gold trading is of particular interest as it creeps closer to the 100 million oz trading average at the same time as the spot #gold price continues its steady rise.