Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Here’s What the New Silver Price Fix Means for Prices

Posted on 15 August 2014

The much-maligned London silver price fix ended (Thursday) after 117 years, and market observers are hoping the new pricing mechanism will herald an era of true and transparent silver price discovery.
Silver pricing could definitely use more transparency, following a century-old mechanism that involved three banks negotiating prices in secret. The three member banks were facing lawsuits after accusations arose that they were manipulating prices, so it’s no wonder that some are expecting a free market transition………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031