This year has seen volatile conditions in precious metals markets, resulting in increased volumes across EBS’ portfolio of precious metals markets.
With the pandemic affecting metal supply chains and bringing dramatic changes to the interest rate environment, money supply, and inflation expectations, demand for precious metal has been on the rise. This can be seen most clearly in the silver market, where prices have more than doubled since their low point in March. EBS Silver trading activity hit new highs in July.
EBS trading volume has also been strong in gold and PGMs. With the rising price for silver and gold, the total dollar value traded on the platform has been even more robust.
EBS offers spot markets for gold, silver, platinum, and palladium against the US dollar ‒ and gold against the Euro.
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