The Intercontinental Exchange (ICE) has introduced new futures contracts for gold, silver, platinum, and palladium in London, directly linked to the city's daily precious metals price auctions. This move establishes a major exchange-traded market in London, which dominates global physical gold trading but lacked a significant futures market for years. ICE leverages its existing role in London’s physical metals market to provide traders a new way to gain price exposure through futures contracts. This development could enhance liquidity and trading activity in London’s precious metals market, potentially strengthening its position alongside New York's established futures markets.
The ICE's launch of futures trading in London's physical gold market is notable given the market's $190 billion daily volume. For readers following Pluang's broader market, 112 of 150 US stocks traded rose while 35 fell as of Oct 06, 2026 22:21 WIB. Among movers, FuelCell Energy Inc (FCEL) gained 8.41% to USD 19.59, Marvell Technology Inc (MRVL) rose 7.87% to USD 292.60, and BlackBerry Limited (BB) increased 5.62% to USD 9.59.
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