Volumes high in LMEprecious’ first week

The first week of the London Metal Exchange’s gold and silver contracts recorded a strong amount of volume, after LMEprecious went live.

LME Gold traded a total of 25,590 lots (2.6 million ozt/79.6 tonnes), while LME silver transacted 2,556 lots (12.8 million ozt/397.5 tonnes). "This promising start for our gold and silver contracts is indicative of the strength of industry support for LMEprecious, which was designed to provide a solution for the London market faced with challenges...

Published

Alice Mason

July 17, 2017

13:54 GMT

London