Dealing Desk: Platinum and Palladium Take the Spotlight

by Kelly-Ann Kearsey
Gold Money

This week, clients have been actively net buying gold and silver, with Goldmoney Wealth seeing an increase in the number and value of orders being placed as clients take advantage of the lower prices seen in the week.

Goldmoney Wealth’s clients have favoured the Singapore, Canadian, and London vaults this week with less preference being shown for the Swiss vaults.

Kelly-Ann Kearsey, Dealing Manager at Goldmoney Wealth said that last Friday saw gold dip down close to a 1 week low as it dropped below the $1,350/oz level due to the jobs data released from the US which was stronger than expected. Silver was also affected as it dropped below the psychological level of $20/oz.

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