Dealing Desk: Precious Metals Not Surprised by FOMC Minutes

by Kelly-Ann Kearsey
Gold Money

This week has been in favour of the sellers with clients net-selling their silver positions whilst gold positions have remained neutral.

GoldMoney’s clients have continued to favour the Singapore vault along with more interest being shown toward the Hong Kong, Swiss, and Canadian vaults and less preference being shown toward the London vault.

Kelly-Ann Kearsey, Dealing Manager at GoldMoney said that this week has seen more uncertainty in the market as both the US Federal Reserve and the European Central Bank made announcements along with another decline in oil prices and the worries of negative interest rates around the world.

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