Continue Reading
Full article on Bloomberg
LME to Stop Running Benchmark Platinum and Palladium Auctions
Market Intelligence Analysis
AI-Powered
Why This Matters
The London Metal Exchange (LME) will discontinue its benchmark platinum and palladium auctions from mid-2024, shifting its focus to core base metals. This change may impact the pricing and trading of platinum and palladium, potentially leading to increased volatility. The LME's decision may also have implications for investors and traders who rely on these auctions for pricing reference.
Market Impact
Market impact analysis based on bearish sentiment with 63% confidence.
Sentiment
Bearish
AI Confidence
63%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The London Metal Exchange will stop administering twice-daily auctions that set benchmark platinum and palladium prices from the middle of next year, as it focuses on its core base metals offering.
Original article published by
Bloomberg
on November 20, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.