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Silver ingots cast at a non-ferrous metals plant, highlighting London trading surge - Global Banking & Finance Review
This image showcases silver ingots from the Krastsvetmet plant, illustrating the recent surge in silver trading in London, where over 1 billion ounces changed hands, marking a significant moment in the market.
Trading

One billion ounces of silver traded in London on Monday as prices surged – LBMA

Published by linker 5

Posted on February 2, 2021

1 min read
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LONDON (Reuters) – Around 1.006 billion ounces of silver traded in the London market on Monday as prices rocketed to their highest since 2013, the London Bullion Market Association (LBMA) said on Tuesday.

The LBMA said that amount — worth nearly $30 billion at current prices — was just shy of the highest turnover recorded in data going back to 2018.

(Reporting by Peter Hobson; editing by Jason Neely)

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