-
LME to stop holding price-setting PGM auctions for the LBMA next year
The London Metal Exchange (LME) will stop administering auctions that set platinum and palladium prices for the London Bullion Market Association next year so it can focus on its core base metals market, the exchange said on Thursday. The exchange, the world's oldest and largest market for industrial metals, said the LME would stop the auctions in platinum group metals around the middle of 2026. "Given our strong growth profile and ambitious market development plans in our base metals markets, the PGM auctions no longer represent a core activity for us," said Jamie Turner, LME head of trading. “LBMA would like to ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From kitco.com|Nov 20, 2025UBS has raised its 2026 mid-year gold target price to $4,500/oz – up from $4,200 previously – on Fed rate cut expectations, persistent geopolitical risks, fiscal concerns and ...
From finance.yahoo.com|Nov 20, 2025|1 commentA stronger-than-expected — albeit stale — September jobs report is muddying the picture of whether a split Federal Reserve will cut or hold interest rates steady at its next ...
From woodmac.com|Nov 20, 2025The call on copper is soaring. Emerging sectors, combined with traditional end-users, are expected to increase copper demand by nearly a quarter by 2035. But investment in ...
-
- Newer Stories
From barchart.com|Nov 20, 2025In an October 2, 2025, Barchart article, I asked how high silver prices could rise. Silver was still below the highs from 2011 and 1980 in early October, trading at $47.375 per ...
From @Top_Bloomberg|Nov 20, 2025|1 comment*GOOLSBEE: SERVICES INFLATION TURNING UPWARD IS 'DISTURBING' *FED'S GOOLSBEE: SEPT. DATA SHOW LABOR MARKET COOLING BUT STABLE *GOOLSBEE: UNEASY FRONT-LOADING CUTS, NOT HAWKISH IN MEDIUM-TERM FED’S GOOLSBEE SAYS THE LAST THREE MONTHS OF INFLATION HAVE BEEN AT BEST STEADY AND IN SOME MEASURES WORSE; SAYS OFFICIAL GOVERNMENT DATA IS A “MESS” AND WARNS THERE IS MORE RISK FROM LACK OF VISIBILITY ON INFLATION THAN ON THE LABOR MARKET, WHERE MORE ALTERNATIVE DATA IS… Fed's Goolsbee: When I voted for the Fed's October rate cut, I presumed the job market was cooling gradually. FED OFFICIAL GOOLSBEE STATES HE IS NOT HAWKISH ABOUT MID-TERM RATES AND PREDICTS INTEREST RATES WILL SETTLE LOT LOWER THAN NOW
From cbsnews.com|Nov 20, 2025Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in ...
- Story Stats
- Nov 20, 2025 1:58pm Posted byMetals Industry181
- Instruments:
