London bullion market

Franklin Templeton Announces Ticker Change for Franklin Responsibly Sourced Gold ETF

Retrieved on: 
Friday, May 5, 2023
Consulting, Asset Management, Professional Services, Finance, London bullion market, ETF, Gold, LMBA, NYSE Arca, Capital market, Palladium, Financial adviser

Franklin Templeton announced today that it will change the ticker for its Franklin Responsibly Sourced Gold ETF to FGDL, effective May 19, 2023.

Key Points: 
  • Franklin Templeton announced today that it will change the ticker for its Franklin Responsibly Sourced Gold ETF to FGDL, effective May 19, 2023.
  • Franklin Responsibly Sourced Gold ETF was launched in June 2022 on NYSE Arca and has more than $100 million in assets as of April 30, 2023.
  • “The Franklin Responsibly Sourced Gold ETF offers investors an easy way to add gold to their portfolio with the added peace of mind in knowing that it is responsibly sourced.
  • We have seen strong demand for the ETF in its first year on the market,” said David Mann, Head of ETF Product and Capital Markets for Franklin Templeton.

BMG Group Inc. Announces Custodian Changes

Retrieved on: 
Wednesday, March 31, 2021
Precious metals, Chemical elements, Metals, Bullion, London Bullion Market Association, London bullion market, Good Delivery, Silver coin

BMG is a privately held Canadian alternative asset management company established in 1998.

Key Points: 
  • BMG is a privately held Canadian alternative asset management company established in 1998.
  • BMG is one of three Canadian companies to achieve the status of becoming an Associate Member of the London Bullion Market Association (LBMA).
  • BMG Diversified Hedge Fund seeks to achieve long-term capital growth and income, and to surpass the Canadian Balanced Fund Index.
  • BMG Physical Bullion Group has two main products: BMG BullionBars& BMG BullionCoins:
    It allows clients worldwide, through the use of BMGs unique, secure and transparent software system, to easily purchase and store individual bars of investment-grade Good Delivery gold, silver and platinum bullion, on an allocated and insured basis.

CME Group to Launch New Gold Futures Contract with Expanded, Flexible Delivery in 100-ounce, 400-ounce or 1-kilo Bars

Retrieved on: 
Wednesday, March 25, 2020
Chemical elements, Financial markets, Chemistry, Precious metals, Futures exchanges, Silver, Economy of London, London bullion market, Futures contract, Good Delivery, Derivative, CME Group

CHICAGO, March 24, 2020 /PRNewswire/ -- CME Group ,the world's leading and most diverse derivatives marketplace, today announced the launch of a new gold futures contract with expanded delivery options that include 100-troy ounce, 400-troy ounce and 1-kilo gold bars.

Key Points: 
  • CHICAGO, March 24, 2020 /PRNewswire/ -- CME Group ,the world's leading and most diverse derivatives marketplace, today announced the launch of a new gold futures contract with expanded delivery options that include 100-troy ounce, 400-troy ounce and 1-kilo gold bars.
  • The new contract is expected to launch with a first expiration of April 2020, pending regulatory approval.
  • "By offering a choice of delivery sizes as well as inter-commodity spreads with our benchmark gold futures, this new contract will provide customers with maximum flexibility in managing physical delivery."
  • The approved brand list for this product will have complete convergence with the approved brand list for CME Group's existing gold futures and the LBMA gold good delivery list.

Phoenix Precious Metals (PPM) Announces the Opportunity to Purchase Gold Bullion at an Effective Discount Subject to Advance Purchase

Retrieved on: 
Tuesday, March 17, 2020
Professional services, Natural Resources, Mining, Minerals, Finance, Chemical elements, Precious metals, Chemistry, Physical sciences, Bullion, London bullion market, Gold

Phoenix Precious Metals (PPM) is pleased to announce the launch of its Advance Purchase of Discounted Gold (APDG) offer available as of 17th March 2020.

Key Points: 
  • Phoenix Precious Metals (PPM) is pleased to announce the launch of its Advance Purchase of Discounted Gold (APDG) offer available as of 17th March 2020.
  • APDG is an opportunity to advance-purchase LBMA gold bullion, delivered in equal amounts over 24 months at an effective discount on the LBMA market price at the time of purchase.
  • The offer is subject to minimum purchase requirements along with a full KYC identity verification.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20200317005587/en/

INTL FCStone's Rhona O'Connell recognized as a Top Precious Metals Analyst by LBMA & Metal Bulletin for 2019

Retrieved on: 
Monday, January 27, 2020
Precious metals, Metal industry, Economy of London, London bullion market, Metal Bulletin, Economy, Business

Rhona O'Connell, Head of Market Analysis for EMEA and Asia, shared her thoughts on being recognized as Metal Bulletin's top precious metals analyst for 2019, "I am pleased to have secured a number one ranking amongst my peers in Metal Bulletin's annual APEX analyst survey.

Key Points: 
  • Rhona O'Connell, Head of Market Analysis for EMEA and Asia, shared her thoughts on being recognized as Metal Bulletin's top precious metals analyst for 2019, "I am pleased to have secured a number one ranking amongst my peers in Metal Bulletin's annual APEX analyst survey.
  • The winner in each sector is determined by having each firm or analyst provide their latest forecasts for each metal at the beginning of the quarter.
  • As well as for the full year, Rhona also attained the top precious metals ranking for Q4 2019 with an accuracy rating of 99.26%.
  • "Gaining the number one position for gold in the LBMA Survey is every precious metals analyst's aspiration and last year's success is exhilarating.

A Strong Rally in Gold Marks the Launch of NVM Token Sale on July 15th

Retrieved on: 
Friday, July 12, 2019
Precious metals, Exonumia, Token coin, London bullion market, Bullion, Token, Artificial objects, Money, Economy

This will be users' first opportunity to buy Novem Gold NVM tokens which will provide a discount of 2% on Novem NNN Gold tokens, as well as discounts of up to 5% on gold bullion.

Key Points: 
  • This will be users' first opportunity to buy Novem Gold NVM tokens which will provide a discount of 2% on Novem NNN Gold tokens, as well as discounts of up to 5% on gold bullion.
  • The NVM utility token provides users the ability to trade gold through selling and purchasing Novem NNN Gold tokens which are directly backed by and redeemable for LBMA-certified gold bullion.
  • NVM tokens are the key to optimizing gold and blockchain investments because they deliver a discount from the initial price of the Novem NNN Gold Token when that sale begins.
  • The Novem NNN gold token is backed and entirely redeemable for by LBMA-certified gold and the NVM token is a utility token that enables the transacting of gold on the blockchain.

A Strong Rally in Gold Marks the Launch of NVM Token Sale on July 15th

Retrieved on: 
Friday, July 12, 2019
Precious metals, Exonumia, Token coin, London bullion market, Bullion, Token, Artificial objects, Money, Economy

This will be users' first opportunity to buy Novem Gold NVM tokens which will provide a discount of 2% on Novem NNN Gold tokens, as well as discounts of up to 5% on gold bullion.

Key Points: 
  • This will be users' first opportunity to buy Novem Gold NVM tokens which will provide a discount of 2% on Novem NNN Gold tokens, as well as discounts of up to 5% on gold bullion.
  • The NVM utility token provides users the ability to trade gold through selling and purchasing Novem NNN Gold tokens which are directly backed by and redeemable for LBMA-certified gold bullion.
  • NVM tokens are the key to optimizing gold and blockchain investments because they deliver a discount from the initial price of the Novem NNN Gold Token when that sale begins.
  • The Novem NNN gold token is backed and entirely redeemable for by LBMA-certified gold and the NVM token is a utility token that enables the transacting of gold on the blockchain.

Novem Backs NNN Gold Tokens with Nearly $1.5 million in LBMA-Certified Gold

Retrieved on: 
Thursday, February 21, 2019
Precious metals, Money, Chemical elements, Economy, Exonumia, Economy of London, Gold as an investment, Gold in China, Security, Token coin, London bullion market, Token

The Novem NNN gold token is entirely backed by LBMA-certified gold held in trust.

Key Points: 
  • The Novem NNN gold token is entirely backed by LBMA-certified gold held in trust.
  • NNN gold tokens will be minted only based on gold held by Novem, and each token is redeemable for physical gold at a rate of 1/100g per token.
  • "Novem will soon be introducing the best way to buy gold on the blockchain with the NNN gold token.
  • NNN gold tokens are minted based on gold held as collateral by Novem, and over 34 kg worth nearly $1.5 million is held in storage at the time of the sale.

Novem Introduces the World's Safest Gold Token, Backed by Nearly $1.25 Million in Securely Stored Gold

Retrieved on: 
Friday, January 18, 2019
Cryptocurrencies, Precious metals, Computing, Economy of London, London bullion market, Stablecoin, Blockchain, Information, Data

Novem is revolutionising the gold industry with the world's safest and most transparent gold-backed stablecoin, the Novem 999.9 (NNN) gold token, which is 100% backed by LBMA-certified gold.

Key Points: 
  • Novem is revolutionising the gold industry with the world's safest and most transparent gold-backed stablecoin, the Novem 999.9 (NNN) gold token, which is 100% backed by LBMA-certified gold.
  • NNN Gold Tokens are minted based on gold held in trust by Novem.
  • The Novem NNN Gold Token will be completely backed by physical LBMA-certified gold, securely stored and audited by industry leaders," said Wolfgang Schmid, the CEO of Novem.
  • As a result, they founded Novem the creator of the world's safest gold token - the Novem NNN gold token - backed entirely by LBMA-certified gold and built on the advanced NEO blockchain technology for an immutable, secure, and distributed ledger of ownership.

Novem Introduces the World's Safest Gold Token, Backed by Nearly $1.25 Million in Securely Stored Gold

Retrieved on: 
Friday, January 18, 2019
Cryptocurrencies, Precious metals, Computing, Economy of London, London bullion market, Stablecoin, Blockchain, Information, Data

Novem is revolutionising the gold industry with the world's safest and most transparent gold-backed stablecoin, the Novem 999.9 (NNN) gold token, which is 100% backed by LBMA-certified gold.

Key Points: 
  • Novem is revolutionising the gold industry with the world's safest and most transparent gold-backed stablecoin, the Novem 999.9 (NNN) gold token, which is 100% backed by LBMA-certified gold.
  • NNN Gold Tokens are minted based on gold held in trust by Novem.
  • The Novem NNN Gold Token will be completely backed by physical LBMA-certified gold, securely stored and audited by industry leaders," said Wolfgang Schmid, the CEO of Novem.
  • As a result, they founded Novem the creator of the world's safest gold token - the Novem NNN gold token - backed entirely by LBMA-certified gold and built on the advanced NEO blockchain technology for an immutable, secure, and distributed ledger of ownership.