• New Storage Rates for Precious Metals – Brink’s Global Services USA, Inc.

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-6135
      • Notice Date
      • 24 February 2012
      • Effective Date
      • 01 June 2012
    • The New York Mercantile Exchange, Inc. (NYMEX) and Commodity Exchange, Inc. (COMEX) were notified by Brink’s Global Services USA, Inc. – a NYMEX and COMEX Licensed Depository – that they will implement new rates in connection with the storage and withdrawal of precious metals (listed below), effective June 1, 2012. The new rates, presented below, reflect the maximum amount of fees that can be charged. In accordance with NYMEX and COMEX rules, the new rate schedule will become effective on June 1, 2012.
       
      NEW STORAGE AND WITHDRAWAL RATES* - JUNE 1, 2012
       

      Commodity
      Storage
      Delivery In
      Delivery Out
      Gold
      $14.00
      $0.00
      $30.00
      Silver (per bar)
      $7.00
      $0.00
      $30.00
      Platinum
      $18.00
      $0.00
      $30.00
      Palladium
      $18.00
      $0.00
      $30.00

      *rates are quoted per contract unless otherwise noted.
       
       
      Please refer questions on this subject to:
      Market Regulation:
      Terry Gehring                            terry.gehring@cmegroup.com                            312.435.3644
       
      Energy & Metals Research:
      Joann Arena                              joann.arena@cmegroup.com                             212.299.2356

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