The main mkt in London for AU and AG is the LBMA, London Bullion Market Association…that trades the Loco london bullion in huge size, way bigger than Crimex and it does the Fixes etc.
The LME is really the base metal mkt, Copper, Tin, Lead, Ally and Nickel..why they thought anyone would trade Gold and Silver, when u have the LBMA, or Crimex is bizarre…..it was like the CME opening a Corn or Beans mkt, while the CBOT is next door….stupid .
This news has no meaning to scum games.