Trading houses, hedge funds, and banks are aggressively hiring specialist gold traders amid soaring interest in the metal, leading to a talent war and increased pay packages. Precious metals markets offer profitable opportunities, with banks collectively earning $500 million in Q1 2025. However, the industry faces a shortage of experienced traders due to neglect in banks, prompting physical trading houses and hedge funds to court talent with higher bonuses. Companies like Trafigura and Gunvor are expanding into precious metals trading, with a significant turnover of jobs at all levels in the sector.

Read more at Yahoo Finance: Gold Trader Hiring Spree Drives Up Pay as Bullion Market Booms