Dealing Desk: No Rate Hike as Gold Remains Strong
Thursday, January 28, 2016 11:55
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by Kelly-Ann Kearsey
Gold Money
This week has seen selling across all metals with the exception of platinum.
We have seen more buy orders into the Singapore, Canadian, and Swiss vaults this week. We have seen less of a preference for the UK, Swiss, and Hong Kong vaults this week.
Kelly-Ann Kearsey, Dealing Manager at GoldMoney, says clients have continued to steadily buy this week, with some higher volume selling. This could be due to the price increase experiences this week, with silver reaching a high of USD 14.50/oz and gold at USD1,127.00/oz on Wednesday evening before both retreated back their previous levels. Clients appear to have been taking advantage of this increase in the market.
Continue Reading at GoldMoney.com…
Source: http://financialsurvivalnetwork.com/2016/01/dealing-desk-no-rate-hike-as-gold-remains-strong/?utm_source=rss&utm_medium=rss&utm_campaign=dealing-desk-no-rate-hike-as-gold-remains-strong
