The London Metal Exchange (LME) today announced its plans to stop calculating and publishing the LMEprecious Reference Prices, with effect from January 22, 2021. The LMEprecious Reference Prices are currently published at three points in time each business day, and represent the USD value of the underlying LME Gold and LME Silver futures contracts during morning trading, at midday and during afternoon trading. The LMEprecious Reference Prices are determined through the application of a volume weighted average price (VWAP) calculation, which uses as its input data the concluded transactions for the Cash Prompt ... (full story)