Dealing Desk: Safe-Haven Gold Breaks $1,300/oz

by Kelly-Ann Kearsey
Gold Money

This week, clients have been net selling gold, silver, and platinum.

Clients have been speculating on the market conditions with the FOMC statement being released on Wednesday and ahead of the Brexit referendum. Clients have been taking advantage of the higher pricing, particularly on Thursday when the price soared above USD1,300/oz, which was last briefly seen at the beginning of May 2016.

GoldMoney’s clients have favoured the Singapore and Canadian vaults this week with less preference being shown for the London and Hong Kong vaults.

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