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LBMA Trade Data Weekly Change – 1 Jun 2021

With precious metal prices seemingly on the up in comparison to last week, OTC spot volumes also showed significant movements in the case of #gold and #palladium. OTC spot gold breached the 100 million oz threshold for the first time this quarter, coinciding with the gold price rallying to heights not seen since early 2021. Palladium spot volumes also rose with a near ▲40% increase, while the price rose by ~▲3%. 

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