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ICE wins race to run the London gold fix

Cecilia Jamasmie | November 07, 2014 | 2:20 pm Precious Metals China Europe Gold Silver 

London’s near century-old gold fix will be replaced by an electronic system run by U.S.-based ICE Benchmark Administration from the first quarter of 2015, the London Bullion Market Association said on Friday. Participants will now fix the global gold benchmark...

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