The relentless rally in gold this summer has not deterred established industry professionals from looking for new opportunities. Leon J. Edery publicized via his LinkedIn profile that he is moving on from Societe Generale after spending there more than 16 years. He is joining the precious metals sales team at BNP Paribas.
His next role, Director of Precious Metals Markets and Sales was in the London office of the French bank, a position which he held until the end of June 2019. In his new role, Edery will be based in the London office of BNP Paribas.
Precious metals markets have been the most vibrant ones by far in recent trading. Ever since the first signals of a Federal Reserve cut surfaced in June, gold has been on a tear. More recently, silver has joined its big brother and broke out of recent ranges, signaling a protracted market rally, the first one since 2011, when gold topped out just above $1,800.