Metal Bulletin has today amended the frequency and the number of locations of its gold premiums assessments.
After a consultation period, Metal Bulletin has reduced the number of locations to three – Shanghai, Mumbai and Istanbul – from the nine that were previously assessed.
Assessments of gold premiums in Bangkok, Dubai, Hong Kong, Singapore, Tokyo and Zurich are discontinued from today due to low liquidity in these locations.
From today, gold premiums will be assessed on a monthly basis, on the first Tuesday of every month.
All historical data relating to the gold premiums assessments prior to the amendment will remain available in the pricing section of the FastMarkets website.
To provide feedback on gold premiums assessments or if you would like to provide price information by becoming a data submitter to gold premiums assessments, please contact Ewa Manthey by email at pricing@metalbulletin.com. Please add the subject heading FAO: Ewa Manthey re: gold premium assessments.
To see all Metal Bulletin’s pricing methodology and specification documents, please go to https://www.metalbulletin.com/prices/pricing-methodology.html.
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Source: Bullion Desk News