Gold Back to Futures on London Metal Exchange After 30 Years
By GCRU Gold News on Wednesday, August 10 2016, 00:42 - Permalink
Three decades after London’s exchange-traded gold contract flopped, it’s coming back.
The LME’s previous attempt at trading gold lasted three years with the venture, London Gold Futures Market, closing in 1985 because of a lack of domestic investor and speculator interest.