18.07.2014 - Metals exchanges eye gold price fix mandate

Gold tender process follows silver fix mandate won by CME and Reuters.The world's top commodities exchanges are already circling in the hope of securing a potentially lucrative new mandate to run the gold price fixing process. The London Gold Market Fixing (LGMF) said on Wednesday it wanted to appoint a third party administrator to assume responsibility for the administration of the gold price discovery process. ..............................................Full Article: Source

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