01 Apr 2016 | 03:55 UTC — London

SUBSCRIBER NOTE: Platts decides not to launch India gold settlement value

Platts has decided to not publish a daily settlement value for gold bullion imported into India following market feedback. This follows a subscriber note published on April 13, 2015.

Platts' previous subscriber note outlined that the Gold Settlement India would have reflected a settlement value for gold in kilo bars delivered to a secure vault in India normalized to Ahmedabad in Indian rupees per troy ounce.

The decision to not publish this price series was reached after reviewing market feedback for the proposed launch.

Please send any comments or questions to ben.kilbey@platts.com with a cc to pricemethodology@platts.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.