Benchmark: Loco London spot (LBMA). The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Market note |
|---|---|---|
🌐 Loco London Global · global reference | LBMA spotBenchmark | The price two-thirds of the world trades against |
🇮🇳 India (landed) India · duty + festivals | Duty-paid landed | Import duty plus wedding-season pull |
🇺🇸 COMEX (EFP) USA · futures basis | EFP to spot | The London-NY basis — blew out during the tariff scare |
🇨🇳 Shanghai (SGE) China · import gauge | SGE premium | SGE premium reads Chinese retail and PBoC demand |
🇦🇪 Dubai (loco) UAE · regional hub | Loco Dubai | Gulf refining and re-export hub |
🌐 Recycled / scrap Global · secondary | Refiner feed | Scrap feed nets slightly under spot |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Converted from 4,319.00 USD/oz · indicative FX
Gold is traded in the precious metals segment. The series on this page is the named public source, not a live feed. Physical parcels of Gold can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Continued official-sector accumulation and a softer rate outlook have kept bullion firm, with silver and platinum tracking the move higher.