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IPMI and Industry News: Industry News

New LME Gold Contract

Monday, July 10, 2017  
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LME Rolls Out Gold, Silver Contracts for First Time in Decades

The London Metal Exchange (LME), the world’s biggest industrial metal exchange, introduced gold and silver futures contracts on Monday, Bloomberg reported. The venture, the first of its kind for the LME since the mid-1980s, marks a significant development in London's $5 trillion-a-year gold trade, as it offers traders more options and creates additional competition. - Kitco 07/10/2017

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