News

Jan 2018

19 January 2018:USD 1334.95GBP   962.10EUR 1089.72 The LBMA Gold price auction takes place twice daily by ICE Benchmark Administration (IBA) at 10:30 and 15:00 with the price set in US dollars per fine troy ounce. Under new licencing arrangements introduced by IBA on 1 October the price is displayed on the LBMA's website with a 30 minute delay. Prices are also available in a further sixteen currencies (Australian Dollars, British Pounds, Canadian Dollars, Euros, Onshore and...

Jan 2018

19 January 2018USD 17.040GBP 12.270EUR 13.890 The LBMA Silver price auction is operated by CME and administered by Thomson Reuters. The price is set daily in US dollars per ounce at 12:00 noon London time and is displayed on the LBMA's website with a 15 minute delay. Sterling and Euro prices are available but they are indicative prices for settlement only.  

Jan 2018

19 January 2018USD 1335.80GBP 960.17EUR 1087.74 The LBMA Gold price auction takes place twice daily by ICE Benchmark Administration (IBA) at 10:30 and 15:00 with the price set in US dollars per fine troy ounce. Under new licencing arrangements introduced by IBA on 1 October the price is displayed on the LBMA's website with a 30 minute delay. Prices are also available in a further sixteen currencies (Australian Dollars, British Pounds, Canadian Dollars, Euros, Onshore and Offshore...

Jan 2018

18 January 2018USD 1107.00GBP 798.41EUR 904.04 The LBMA Platinum and Palladium prices are set twice daily (at 09:45 and 14:00) in US dollars per .9995 fine ounces and are independently administered by the LME. The prices are displayed on the LBMA's website with a delay until midnight. Sterling and Euro prices are available but they are indicative prices for settlement only.

Jan 2018

18 January 2018USD 1106.00GBP 799.71EUR 905.81 The LBMA Platinum and Palladium prices are set twice daily (at 09:45 and 14:00) in US dollars per .9995 fine ounces and are independently administered by the LME. The prices are displayed on the LBMA's website with a delay until midnight. Sterling and Euro prices are available but they are indicative prices for settlement only.

Jan 2018

18 January 2018USD 1003.00GBP 723.40EUR 819.11 The LBMA Platinum and Palladium prices are set twice daily (at 09:45 and 14:00) in US dollars per .9995 fine ounces and are independently administered by the LME. The prices are displayed on the LBMA's website with a delay until midnight. Sterling and Euro prices are available but they are indicative prices for settlement only.

Jan 2018

18 January 2018USD 999.00GBP 722.34EUR 818.18 The LBMA Platinum and Palladium prices are set twice daily (at 09:45 and 14:00) in US dollars per .9995 fine ounces and are independently administered by the LME. The prices are displayed on the LBMA's website with a delay until midnight. Sterling and Euro prices are available but they are indicative prices for settlement only.

Oct 2017

Mr. JIAO Jinpu, Chairman of SGE (SHANGHAI GOLD EXCHANGE), visited MKS and PAMP last month after attending the LBMA conference in Barcelona. A delegation led by Mr. JIAO Jinpu, Chairman of SGE attended the LBMA/LPPM precious metals conference 2017 in Barcelona and then visited Switzerland to forge closer international cooperation. During the LBMA annual conference, the SGE delegation, together with delegates from China Gold Association (CGA) were invited to the China Summit. Mr. JIAO...

Apr 2016

On April 19th 2016, a year and half after its birth in September 2014, Shanghai Gold Exchange (SGE) introduced the first yuan-denominated gold benchmark price in the world. MKS (Switzerland) SA took part in the benchmark as reference price member.Pan Gongsheng, Deputy Governor of the People’s Bank of China, Zhao Wen, Vice Mayor of Shanghai Municipal Government and over 300 delegates from World Gold Council, The Silver Institute, World Platinum Investment Council, major domestic and...

May 2017

Paytm, India’s largest mobile payment & commerce platform, has partnered with MMTC-PAMP, an MKS PAMP GROUP company, to launch Digital Gold. Digital Gold enables users to buy, store, sell and resell pure gold online instantly, as well as get it delivered to their home in the form of minted coins.Speaking on the launch, Vijay Shekhar Sharma, Founder & CEO – Paytm said, “Gold is the preferred form of investment for Indians, and we are making it easier for our users to...

Mar 2017

Swiss-based gold trader MKS (Switzerland) SA has picked up first-place rankings from the Shanghai Gold Exchange (SGE), having been named the top gold trader and best international performer on the Chinese gold market in 2016.The names of the best international traders on the Chinese gold market last year were announced on Monday in Shanghai, during a ceremony held at the Bund Hotel that brought together influential players from Asian financial markets. MKS won twice in the Shanghai Gold...