Gold Traders Win More Pay in Hong Kong as Talent Fight Heats Up

Gold traders in Hong Kong are commanding higher pay packages, as established global banks compete for talent with new entrants to the city’s growing precious-metals market.

Competition has become particularly fierce as the Asian city positions itself to become a major bullion hub, attracting trading houses, Chinese securities firms and fintech players to a historically niche sector that delivered record returns for desks around the world last year.