Global commodities expert in Jersey

Global Commodities expert Leon Westgate from Standard Bank, London is coming to Jersey next week to talk about how worldwide events, in particular the current crisis in the Ukraine, are impacting precious metals. The seminar, being hosted by GoldMoney, will focus on platinum and palladium which are seeing rising prices amid tension with Russia and strikes in South Africa.

The lunchtime seminar host is GoldMoney's Head of European Business Development, Martyn White: 'Both platinum and palladium supplies are a cause for concern at the moment. Both metals are used for industrial purposes and so any interruption in supply will obviously have an impact. I am delighted that we have been able to secure commodities expert Leon Westgate who will be able to share his extensive experience of the precious metals market.'

Leon, Commodities Strategist with Standard Bank in London, joined the bank as a commodities analyst in 2007. He supports the bank's base and precious metals desks around the globe. He has an Honours degree in Geology and a Masters Degree in Mineral Project Appraisal.

The seminar will look at how and where platinum and palladium are mined, how they compare to gold and silver, and forecast future demand.

The lunchtime seminar takes place on Monday 12th May at the Grande Suite, Grand Jersey between 12.30 and 2pm. A certificate of attendance is available upon request. For further information please visit:


For more information, and to arrange interviews, please call Gwyn Garfield-Bennett on 01534 715411, or email [email protected]

GoldMoney is one of the world's leading providers of physical gold, silver, platinum and palladium for retail and corporate customers. Customers can trade and store precious metal online easily and securely, 24 hours a day.

GoldMoney stores around $1.4billion of precious metals worldwide for over 22,000 customers.

GoldMoney has offices in London, Jersey and Hong Kong. It offers its customers storage facilities in Canada, Hong Kong, Singapore, Switzerland and the UK provided by the leading non-bank vault operators Brink's, Via Mat, Malca-Amit, G4S and Rhenus Logistics.

Historically gold has been an excellent way to preserve purchasing power over long periods of time. For example, today it takes almost the same amount of gold to buy a barrel of crude oil as it did 60 years ago which is in stark contrast to the price of oil in terms of national currencies such as the US dollar.

GoldMoney is regulated by the Jersey Financial Services Commission and complies with Jersey's anti-money laundering laws and regulations. GoldMoney has established industry-leading governance policies and procedures to protect customers' assets with independent audit reporting every 3 months by two leading audit firms.


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