SUBSCRIBERS
LBMA shines light on London's gold
Published Tue, Aug 1, 2017 · 09:50 PM
London
LONDON'S precious metals vaults held 7,449 tonnes of gold worth US$298 billion and 32,078 tonnes of silver worth US$19 billion as of March 31, the London Bullion Market Association (LBMA) said on Monday, publishing such data for the first time.
These holdings underpin the world's largest gold trading centre, with an average US$18.1 billion in gold trades cleared …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil jumps, equities fall as Iran blasts fan Middle East fears
Gold set for fifth weekly gain as geopolitical risks buoy demand
Oil holds near 3-week low as US sanctions interrupt easing tensions
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
BP reshapes its leadership team as some executives leave
BHP to decide on future of nickel business by August, trims met coal estimates