Price refresh
03:00
Bid: US$ 3,374.48
Offer: US$ 3,379.55
Bid: US$ 37.98
Offer: US$ 38.09
Bid: US$ 1,417.14
Offer: US$ 1,432.90
Bid: US$ 5,291.70
Offer: US$ 5,690.00
Bid: US$ 1,222.21
Offer: US$ 1,249.70
Bid: US$ 3,374.48
Offer: US$ 3,379.55
Bid: US$ 37.98
Offer: US$ 38.09
Bid: US$ 1,417.14
Offer: US$ 1,432.90
Bid: US$ 5,291.70
Offer: US$ 5,690.00
Bid: US$ 1,222.21
Offer: US$ 1,249.70

The Indigo Team

Indigo Precious Metals is a leading physical precious metals trading group, specializing in the supply and direct delivery of investment-grade bullion.

We provide clients with solely allocated, bonded vaulted accounts or secure worldwide delivery, ensuring transparency, security, and reliability in every transaction.

Experienced & Trusted Experts

The Indigo Precious Metals team brings decades of banking and investment experience, specializing in trading across all asset classes.

We handle precious metals daily, including buying, selling, transporting, storing, and insuring bullion. Our expertise and dedication ensure that every client receives a tailored solution that best fits their investment needs.

David J Mitchell

Founder & Partner

David J. Mitchell, our Founder and Managing Director, is a recognized leader in the financial industry, with a career spanning four decades. His extensive experience encompasses trading for leading global investment banks, portfolio management, and macro-economic analysis. David's passion for market analysis and his commitment to providing value-added investment advice have made him a trusted advisor to senior industry peers.

David's career in the financial industry began in 1986, quickly leading to senior managerial roles within the investment banks. Since 2007, responding to increasing client demand for his global macro-economic insights, he has operated as an independent precious metals trader, building a strong client base with private and family office investors across all time zones.

David's passion for market analysis and commitment to enhancing product knowledge across all asset classes are central to his approach: 'I approach my long term trading strategies from a knowledge based on how all markets and asset classes are inexorably linked to each other within major cycle trends in capital flows.'

David's dedication has earned him the trust of investors and colleagues alike.

His team's global perspective allows them to provide expert guidance on metal selection and purchase timing, as well as portfolio development. Secure vaulting services are available in both Singapore, London, Switzerland & Dubai to accommodate the company’s global customer base.

Ricky Tan

Chief Operating Officer

As Chief Operating Officer of IPM Group, Ricky Tan brings over a decade of experience in secured logistics, vaulting, and high-value asset management. Formerly a General Manager at a leading secured logistics firm, he has a proven track record in servicing high-net-worth clients, financial institutions, and managing secure storage solutions.

With expertise in operations management, risk mitigation, and compliance, Ricky ensures seamless and secure logistics solutions at IPM Group. His leadership reinforces the company’s reputation as a trusted name in precious metals investment and storage.

Our team

David Mitchell

David Mitchell

Managing Director

Ricky Tan

Ricky Tan

Chief Operations Officer

Rosmahyati Abu Nasir

Rosmahyati Abu Nasir

Treasury Director

Shelly Dang

Shelly Dang

Accountant & Finance Manager

Nurul Masnoor

Nurul Masnoor

Business Project Manager

Ryd Saleh

Ryd Saleh

Sales Executive Manager

Christy Chee

Christy Chee

Client & Sales Executive

Moes Mulyadi

Moes Mulyadi

Sales and Social Media Executive

Joshua Mitchell

Joshua Mitchell

Application Development Manager

Jacqueline Chin

Jacqueline Chin

Logistics Analyst Executive

Fadzly Yohannes

Fadzly Yohannes

Marketing & Communications Manager

16 Jul 2025
Moes

Silver’s Roller-Coaster Ride: Why the $38 Zone Is the Key to What Comes Next

After a powerful surge last week, silver took center stage in the precious metals market—climbing over 8% to reach $39.12, its highest level since 2021. But with that rapid ascent came a natural cool-off, with prices now hovering around the $38.30 mark. This range—between $38 and $39—is more than just a number. It’s a critical technical zone that may determine the direction of silver for the rest of 2025. At Indigo Precious Metals, we’re keeping a close watch, and here’s why you should too.

Bespoke Solutions for high-volume orders

Explore our tailored solutions for high-volume orders or complete the form to schedule a call with one of our investment advisers.

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