Trading in OTC precious metals market shows little to no change in volumes over the last week with only #gold posting growth of a little more than 5%. This is in stark contrast to volumes from this time last year where the markets consistently turned over $400 billion per week in gold trading (▼$100 billion down y/y) and $60+ billion per week in #silver (▼$20 billion down y/y). Records were set in both metals towards the end of July and in August last year as the economic impacts of the pandemic began to unravel. Now, with the world economy steadily re-opening the markets appear to be anticipating the impact on precious metals on both the industrial and investment side.
