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LBMA Trade Data Weekly Change – 30 Aug 2021

OTC Precious metals markets are primed for a boost in activity despite the last week in August posting one of the lowest spot volumes traded this year (~▼20% across all metals). In addition, the swaps/forward markets were vibrant and prices appear to be recovering from recent lows. This week’s shorter trading period may not show the full picture in the weekly aggregated reports but figures from this week’s trade data reports show activity is picking up along with the price trend. #preciousmetals