Loading ...The diff used to be LME traded base metals and Silver in 10,000 oz contract, then they gave up Silver, but started Gold and Silver mny year later…but they never took off….because the LBMA ( London Bullion Mkt assoc) trades all u ever need plus Crimex offer a 24 hr punter mkt.
There is also a big diff in delivery terms…..but ultimately the first mkt to offer the facility has kept it…like most other dupe mkts….they rarely if ever succeed.