by Kelly-Ann Kearsey
This week, clients have been selling their gold positions and have been buying or exchanging into silver.
GoldMoney’s clients have continued to favour the Singapore and London vaults this week, with less favour being shown for the Swiss and Canada vaults.
Kelly-Ann Kearsey, Dealing Manager at GoldMoney said, this week saw a shortened trading week due to the Easter break and today marks the end of the first quarter. Gold and silver had retreated in price earlier in the week as there were signs of renewed strength in the U.S. labour market backed by the release of strong ADP employment figures.