Ben Kilbey
Managing editor, precious metals 
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January 25, 2018 18:30 UTC 
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Gold has started on solid footing in 2018, even in the face of soaring equity markets and interest in cryptocurrency Bitcoin; bullion has been impressing many, and lining the pockets of many others. Those playing the short side of the market may not be so impressed. Looking at global stock markets, what goes up must come down, at least that’s the view of many of the bullish gold calls seen since the start of the year. |
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Ben Kilbey
Managing editor, precious metals
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December 23, 2016 05:01 UTC
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2016 was marked by two distinct halves for gold. The year started off on a rip, for the price anyway. It rocketed higher, fueled by flights to safety, havens for cash. Ultra-low US interest rates. Cash wasn’t king; gold stole the show, albeit it was short-lived. Now we’re approaching year-end and looking at that spot price, not that far off where it commenced 2016. |
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Ben Kilbey
Managing editor, precious metals
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October 20, 2016 09:45 UTC
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Another year, another London Bullion Market Association conference, and this year was full of what HSBC senior analyst James Steel described as “restrained optimism.” A similar description was given of the recent Denver Gold conference in Colorado Springs, where one fund manager summed the mood up as “veiled optimism.” But this didn’t stop an air of positivity buzzing on the sidelines of both events, with the mood jubilant, especially in Singapore this week. At least at face value. |
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Ben Kilbey
Managing editor, precious metals
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September 8, 2016 15:30 UTC
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The gold industry could be in for a wake-up call, and further liquidity squeeze, when potential new net stable fund requirements are passed at the start of 2018, sources close to the situation have been telling S&P Global Platts. |
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Ben Kilbey
Managing editor, precious metals
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March 17, 2016 05:01 UTC
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With Cheltenham races this week, everyone is in betting mood. It would appear that the cards could be stacked in IntercontinentalExchange’s favor, as the operator has come up as an outside favourite to possibly succeed the London Bullion Market Association ‘request for proposal’ to reform the London gold market. Why? Because the other two rumored exchanges involved in the process — the London Metal Exchange and CME Group — have already been touted, maybe? |
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Ben Kilbey
Managing editor, precious metals
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March 2, 2016 00:01 UTC
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London’s streets were rumored to be paved with gold, once upon a time. Now they seem to be paved with chit-chat and hearsay regarding the future of the City’s bullion trade. Now, not to repeat myself, but the London bullion market is currently in a state of transition. To what, exactly, is anyone’s guess. Over-the-counter to exchange, maybe, if the London Metal Exchange can get its hands on it. |
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Ben Kilbey
Managing editor, precious metals
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November 13, 2015 11:36 UTC
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The possibility of the London Bullion Market Association and World Gold Council collaborating more closely to promote the development of London gold trading seemed less of an alien concept this week than before, with some saying it would be in the best interests of London’s financial sector for the two to join forces. |
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Ben Kilbey
Managing editor, precious metals
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October 12, 2015 00:01 UTC
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The London bullion market could be moving closer to finding a solution to what it needs — in order to increase transparency and liquidity in the face of tighter regulation — with both the London Bullion Market Association and World Gold Council throwing their hats in the ring in order to seek out the best solution for the wider market. The market has been rife with chatter lately regarding what solution is needed, although little agreement has been made. However, one thing is apparent: central clearing is a logical step forward. |
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Ben Kilbey
Managing editor, precious metals
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October 2, 2015 09:24 UTC
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The London bullion market is in a state of flux, with participants — ranging from bankers to brokers to exchanges — jostling to find out exactly what the other one wants in order for the market to evolve and fight off the increasing threat of business moving to Asia alongside mounting regulation. The market is engaging behind closed doors to find out what it wants, but exactly what that is seems unclear to all involved. |
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