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ICE Benchmark Administration now operates LBMA Platinum and Palladium prices and auctions
Intercontinental Exchange, Inc. (NYSE:ICE) today announced that ICE Benchmark Administration Limited (IBA) now operates the London Bullion Market Association (LBMA) Platinum and Palladium Prices and the daily auctions which set these benchmark prices, adding to its role as the administrator of the LBMA Gold and Silver Prices and auctions. In January 2026, the LBMA announced its intention to appoint IBA as administrator of the LBMA Platinum and Palladium Prices and auctions. The daily auctions began July 1, 2026, taking place twice daily at 9:45 a.m. and 2 p.m. London time. The platinum auction runs first, with the ... (full story)
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*US IS REVOKING IRAN-RELATED GENERAL LICENSE TO EXPORT OIL *IRAN'S ACTIONS IN STRAIT OF HORMUZ WHOLLY UNACCEPTABLE: OFFICIAL 
Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil Products of Iranian Origin Effective July 7, 2026, General License X, dated June 21, 2026, is revoked and superseded in its entirety by General License X1. Except as provided in paragraph, all transactions prohibited by the above-listed authorities that are ordinarily incident and necessary to the wind down of transactions previously authorized by General License X are authorized through 12:01 a.m. eastern daylight time, July 17, 2026, provided that any payment to a blocked person must be made into a blocked, interest-bearing account located in the United States. Note to paragraph (b). Except to the extent ordinarily incident and necessary to the wind down of transactions previously authorized by General License X for the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, paragraph (b) does not authorize any new transactions, including purchases or loading of such products on or after July 7, 2026.
Revocation and Wind Down of June 21, 2026 Authorization for the Production, Delivery and Sale of Crude Oil Products of Iranian Origin Effective July 7, 2026, General License X, dated June 21, 2026, is revoked and superseded in its entirety by General License X1. Except as provided in paragraph, all transactions prohibited by the above-listed authorities that are ordinarily incident and necessary to the wind down of transactions previously authorized by General License X are authorized through 12:01 a.m. eastern daylight time, July 17, 2026, provided that any payment to a blocked person must be made into a blocked, interest-bearing account located in the United States. Note to paragraph (b). Except to the extent ordinarily incident and necessary to the wind down of transactions previously authorized by General License X for the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, paragraph (b) does not authorize any new transactions, including purchases or loading of such products on or after July 7, 2026.
From perthmint.com | 3 hr ago
The Perth Mint sold 29,730 troy ounces (oz) of gold, 293,732 oz of silver and 826 oz of platinum in minted product form during June 2026. Gold prices continued to soften in June, falling below the USD 4,000 level for the first time since early November 2025. Over the June quarter, gold declined by more than 14%. The recent conflict in the Middle East has ...
From fxempire.com | 1 hr 13 min ago
Gold pulled back as traders reacted to the strong rally in the oil markets. Oil prices rallied as traders focused on attacks in the Strait of Hormuz. According to Iran’s demands, all vessels should go through approved routes. It looks that vessels that choose other ways are attacked by Iran. Rising oil prices reduced demand for risk assets, which was ...
