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Commodities Briefing - Categorized | Bullion/Gold, Commodities Exchanges more

CME And LME Eye Silver Price Fixing

Posted on 10 June 2014

In April, London Silver Market Fixing Limited announced that it will stop administrating silver prices in August this year. Meanwhile, the prices will continue to be administrated by members of the London Silver Market Fixing Limited – Deutsche Bank, HSBC and Bank of Nova Scotia.
This news came at a time when a number of U.S.-based investors and traders have filed up to 20 different antitrust claims against Deutsche Bank, HSBC, Barclays, Societe Generale and Bank of Nova Scotia, for collaborating to manipulate gold prices. Subsequently, Deutsche Bank resigned from its seat on London gold fixing after failing to find buyers for the seat………………………………………..Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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