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</html><description>The Intercontinental Exchange Benchmark Administration has been selected to be the announcer of the daily price of gold products such as gold bullion. The announcement was made by the London Bullion Market Association this month, and the new method of reporting will see an electronic system replacing the antiquated system that has been in place since the year 1919. The implementation of the new system and new administrator will take place in the first three months of 2015. It follows the reform of the platinum, palladium and silver valuations this year, which were also awarded to global companies. The London Metal Exchange (a subsidiary of Hong Kong Exchanges and Clearing Ltd.) now handles the platinum and palladium price values the world over, and the CME Group Inc. &#x2013; alongside Thomson Reuters Corp. &#x2013; now manages the price of silver through..</description><thumbnail_url>http://33.media.tumblr.com/02d6e2b33dd7d8e8ba11e0422a3b1821/tumblr_inline_nfy4t2WYLb1s2ebbv.jpg</thumbnail_url></oembed>
