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Victorian-era silver 'fix' joins electronic age

Silver Bars

The 117-year-old London method to set a price for silver, known as the "fix", is coming to an end on Friday, replaced by a new electronic pricing mechanism that regulators hope will bring more transparency to the system.

Deutsche Bank resigns seat on precious metal fixes

Gold Bar And Coins

Deutsche Bank has resigned its seat on the London precious metal fixes without finding a buyer, a spokesman for the lender said on Tuesday, leaving four banks to set the global gold price benchmark under increasing regulatory scrutiny.

JPMorgan has silver lining

Silver Bars

Silver investors failed to show that JPMorgan conspired to drive down the metal's price, and an antitrust lawsuit accusing the bank of price-fixing should be dismissed, a federal appeals court ruled.

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