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The new era of precious metals price benchmarking has just begun with Silver with the help of three participants- CME Group, LBMA and Thomson Reuters as announced few months back. The market is hopeful of better transparency in benchmark pricing by involving more number of participants. On the other hand, the market makers seem confident in their approach hoping to increase the list of participants with time. Overall, it surely is a welcoming decision that will minimize operational disruptions while ensuring smooth transition
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Live Prices - 21 Aug 14
London Fix ($/oz)
AM PM
Gold 1280.50 1275.25
Silver - 19.40
London PGM Price ($/oz)
AM PM
Platinum 1424.00 1419.00
Palladium 870.00 877.00
RBI Reference Rate 60.77 INR/USD
Historical Prices
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