- Today’s AM fix was USD 1,300.25, EUR 948.33 and GBP 775.20 per ounce.
- Yesterday’s AM fix was USD 1,292.75, EUR 939.91 and GBP 766.67 per ounce.
- Gold fell $3.40 or 0.26% yesterday to $1,293.30/oz. Silver slipped $0.02 or 0.1% to $19.53/oz.
The historic 120-year old daily silver fixing process will cease as of 14th August this year, the London Silver Market Fixing Limited company announced today. The company that administers the daily silver fix currently consists of three member banks, Deutsche Bank, HSBC and Scotia Bank.