Trafigura Hires Traders for Deeper Push Into Gold and Silver

Trafigura Group has hired a team of precious metals traders as it looks to venture deeper into highly profitable gold and silver markets.

Joseph Bou Sleiman, Xavier Miserez and Maxime Piccot joined Trafigura in the past couple of months from precious metals specialists MKS Pamp SA and OCIM, according to people familiar with the matter. They will work under the copper team and focus on building out a desk dealing gold and silver doré, semi-processed bars that are eventually turned into commodity grade products by refineries, the people said, asking not to be named discussing non-public information.