Commodity giant Trafigura is expanding into gold and silver trading, hiring three experienced traders from MKS Pamp and OCIM to strengthen its presence in the sector. The new desk will handle doré, semi-processed bars refined into bullion, and could eventually push Trafigura into the bullion market traditionally dominated by major banks. The move comes as gold prices hover above $3,500 an ounce and silver climbs more than 30% this year, offering strong profit potential. By diversifying into precious metals, Trafigura is looking to offset competitive pressures in copper and aluminum while tapping into a growing but tightly controlled global gold and silver trade.

Videos
What Is a Wealth Cycle? Price vs. Value Explained
Most investors watch prices. Smart investors watch value. Learn what a wealth cycle is, how the Dow-to-gold ratio reveals it, and why the difference between price and value is the foundation of real wealth-building.




