Current statistics - as at Mon 9 Dec 2013
Posted: 15:02 Mon
Posted: 12:03 Mon
Posted: 11:06 Mon
Posted: 11:09 Mon
Cessation of SIFO 11:00 Means with effect from 5th November 2012
Following consultation with the LBMA forward Market Makers, and more generally with other market participants, the LBMA Management Committee has agreed that after 2nd November 2012, the forward Market Makers will cease making contributions of their mid-price silver forward rates to allow the calculation of the SIFO means on the Reuters system each day. The reason for the withdrawal of the dataset was that unlike GOFO these rates were indicative rates only and therefore not dealable rates between forward Market Makers. In addition, since January 2011, the LBMA forward Market Makers have jointly contributed essentially the same data (but covering an extended range of maturities – from spot to 3 years) to the LBMA’s daily forward curve for silver. This forward curve can be obtained from a variety of data vendors (Thomson Reuters, Bloomberg and others). If you are interested in receiving this dataset please refer to the Silver Forward curve page on the LBMA website for further details.
Fixing levels are set per troy ounce. Silver fixing data is in cents and pence per troy ounce. Fixing data courtesy the London Gold Market Fixing Ltd and the London Silver Market Fixing Ltd.
As of 1 September 2008 this page no longer shows BBA LIBOR or figures derived therefrom. LIBOR is available from news services. Gold and silver fixings will be shown as usual. However, the LIBOR data are shown with a 7-day delay on the historic GOFO and SIFO pages.
If you wish to use the gold or silver Fixing prices for commercial purposes, including to incorporate them into commercial products which you intend to market, sell or otherwise provide to third parties, you must pay the required fee and obtain a licence from The London Gold Market Fixing Limited and / or The London Silver Market Fixing Limited as appropriate. See www.goldfixing.com and www.silverfixing.com for full details.
The London Bullion Market Association, The London Gold Market Fixing Limited and The London Silver Market Fixing Limited accept no liability or responsibility for the accuracy of the prices, any underlying product to which the prices may be referenced or otherwise in connection with your reliance on the published prices or their subsequent use.