A surge in global economic uncertainty is driving traders back to physical metal markets, solidifying one city’s long-standing role as the world’s hub for direct commodity transactions. With geopolitical tensions and supply chain disruptions reshaping global trade flows, investors are increasingly favoring tangible assets over paper-based derivatives. The shift underscores how instability can accelerate reliance on traditional trading centers, where immediate access to physical goods remains critical. Analysts suggest this trend may further entrench the city’s position as the go-to destination for metal trading amid broader market volatility.


The City’s dominance of physical trading in the metal is being reinforced by global instability