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Metals

ICE operates precious metals markets that support price discovery and risk management across gold, silver, platinum and palladium. These markets are underpinned by ICE Benchmark Administration (IBA), the independently managed, regulated administrator of the global benchmarks for these metals: LBMA Gold, Silver, Platinum and Palladium Prices.

The precious metals portfolio offers a range of futures designed to meet the needs of both financial and physical market participants, including daily gold, silver, platinum and palladium futures.

The futures are physically settled contracts, with delivery in London, the historic center of the global precious metals market, in unallocated vault accounts. By combining precious metals benchmark administration with its global exchange infrastructure, ICE connects benchmark pricing directly to tradable, clearable futures markets.