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In 1973, metal dealers established "London Platinum and Palladium Quotation"—a forerunner of the fixings. The prices for platinum and palladium were settled twice a day on the spot market. In 1979, leading dealers from London and Zurich signed an agreement to standardize the origin and specifications of the metals of the good delivery quality.
The London bullion market is a wholesale over-the-counter market for the trading of gold, silver, platinum and palladium. Trading is conducted amongst members of the London Bullion Market Association (LBMA), tightly overseen by the Bank of England. Most of the members are major international banks or bullion dealers and refiners.
The Responsible Platinum & Palladium Guidance has also been developed and published recently. This framework, based on the OECD Due Diligence Guidance, gives assurance to investors and consumers that all London gold, silver, platinum and palladium stocks that underpin the global OTC market are conflict-free as well as compliant with ...
JPMorgan analysts cited sentiment at the recent London Bullion Market Association/London Platinum and Palladium Market conference, with attendees forecasting an average year-ahead price of $45 per ...
The platinum bar is retailing for $1,089.99 — if you can get it. The bar is only sold online, and Costco says delivery is unavailable in Nevada, Louisiana and Puerto Rico.
Investors also took stock of the London Platinum and Palladium Market's statement that Russian refiners can continue to sell platinum and palladium in London. Removal of palladium, traders and ...
Metal prices are the prices of metal as a commodity ... platinum and palladium and are normally ... The London Metal Exchange is an example of a metals exchange ...
Analysts and traders have downgraded their forecasts for platinum and palladium prices next year as a global economic slowdown reduces demand, according to a Reuters poll on Wednesday. For ...
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