Platts plans to publish daily London Silver Price, post-Aug 14

Platts will begin publishing the daily London Silver Price in dollars/troy ounce in all publications and services, effective Aug 15, 2014. This new dollars/TOz silver price will also be available as a full weekly average from August 22, 2014. The first full monthly average will be for September, published September 30, 2014.

Platts will also continue to publish the existing London Silver Fix series in cents/troy ounce and pence/troy ounce under symbols MMACF10 and MMACE10, respectively. The weekly and monthly averages will also continue to be published, including for the week ending August 15 and the month of August. Platts is continuing to publish these prices to ensure continuity for the data series through any transition period toward new pricing.

Effective Aug 15, 2014, the Chicago Mercantile Exchange (CME) and Thompson Reuters plan to administer and publish a daily reference price reflecting the supply and demand balance for silver bullion, location London, which will be referred to as the London Silver Price.