The four metals we execute in.
Investment-grade gold, silver, platinum and palladium. Market context for the counterparties who trade them.
Live market context, quietly presented.
The market overviews on this page are provided for general information only. They do not constitute investment, financial, tax or trading advice, nor a recommendation or solicitation to buy or sell any metal or instrument. Velaro provides sourcing and execution services to professional counterparties.
Retrieving indicative levels…
Indicative. Not a dealing price.
Gold
Gold is the reserve asset held by central banks and long-term allocators alike, valued for its liquidity, monetary history and independence from any single issuer.
Demand
Demand is drawn from official-sector reserves, private investment, jewellery and a modest industrial share. That breadth gives the market its depth.
Supply
New supply comes from primary mining and recycling. Above-ground stocks are large relative to annual production, which underpins the market's stability and liquidity.
Retrieving indicative levels…
Indicative. Not a dealing price.
Silver
Silver carries a dual character: a monetary heritage alongside heavy industrial consumption, giving it a distinct profile within a metals allocation.
Demand
Industrial applications in electronics, solar and specialist manufacturing sit beside investment and jewellery demand across the cycle.
Supply
A large share of silver is produced as a by-product of other mining, so supply responds indirectly to its own price. Recycling contributes a meaningful, steady stream.
Retrieving indicative levels…
Indicative. Not a dealing price.
Platinum
Platinum is scarcer than gold, with reserves and production concentrated in a small number of regions. This is a structural feature of the market rather than a temporary condition.
Demand
Autocatalysis, industrial process catalysis, and a growing role in hydrogen technologies sit alongside jewellery and investment demand.
Supply
Mine supply is geographically concentrated and capital-intensive, while recycling from spent catalysts provides an important secondary source.
Retrieving indicative levels…
Indicative. Not a dealing price.
Palladium
Palladium is a concentrated, supply-constrained market suited to specialised mandates, where liquidity and provenance require an experienced counterparty.
Demand
Demand is dominated by autocatalysts, with additional use in electronics and specialist industrial applications.
Supply
Production is highly concentrated by region and, like platinum, arises partly as a co-product of other mining. Supply stays relatively inelastic to price.
Retrieving indicative levels…
Indicative. Not a dealing price.
Access and execution across all four metals.
Whether the requirement is a single allocated holding or a cross-border programme, Velaro provides sourcing, trading and settlement through one trusted relationship.
The market overviews on this page are provided for general information only. They do not constitute investment, financial, tax or trading advice, nor a recommendation or solicitation to buy or sell any metal or instrument. Velaro provides sourcing and execution services to professional counterparties.