Gold trader hiring spree drives up pay as bullion booms

Trading houses, hedge funds and banks are on a hiring spree for specialist gold traders as interest in the metal soars, creating a battle for talent that is driving up pay packages in what has historically been a niche market.Major commodity traders Trafigura Group and Gunvor Group have brought in teams of precious-metals traders this year, while rivals IXM and Mercuria Energy Group Ltd. have also been looking to hire in the sector, according to people familiar with the matter. Numerous hedge funds, banks a ...