Silver fixes 2.26% higher as gold's fix slips 0.13%

Corrected 27 September 2026. As published on 26 September this article used the phrase "the level this paper’s tape carries for Friday" in its table note, a Layer 1-2 surface. The article doctrine bans self-reference of that kind outside the depth, and the 26 September edition log asserted that a check for those phrases across every Layer 1-2 surface had returned zero hits. That assertion was false: three of the five articles in that edition carried one such phrase each, this being one of them. The phrase now reads "the level the tape carries for Friday". No figure in this article was wrong as published and none has changed: every number printed here was correct on 26 September, traces to the same cited source, and stands. The standards desk found the fault on 26 September 2026 and it is corrected here the next morning; the edition log's false zero-hits claim is corrected in the same run.

A revision. LBMA republishes its series as dated JSON and a point can be restated; the levels here were read on 26 September and a later read could differ. A Kitco timestamp that moves without a level moving, or a level that moves without the timestamp moving, would also change the reading, because both were used to establish that Friday's close is final rather than intraday.

The London fix is the clearing price of an electronic auction run at a set time, with a defined set of participants entering buy and sell volumes until the imbalance falls inside a tolerance. It is one number for one moment, and it exists because a contract needs a single reference both sides accept. A screen close is not an auction at all: it is the last bid a quote vendor carries before the market pauses, sampled from over-the-counter dealing that has no closing bell. The two therefore answer different questions. The fix answers what price cleared a book at a stated minute in London. The screen answers what a dealer was bidding at a stated minute somewhere. A gap between them on the same date is normal and its size is information about the hours between the two prints, not evidence that either is wrong. It becomes worth reading when the gap changes sign across metals in one session, as it does here, with two metals fixing above the screen and two below.

All four LBMA feeds were fetched directly as raw JSON rather than through any summary, because a summarising read has produced invented digits on this desk before: prices.lbma.org.uk/json/gold_pm.json, silver.json, platinum_pm.json and palladium_pm.json, four separate 200 responses on 26 September 2026. Each was parsed and its newest points printed, and each carries a 25 September 2026 entry, so the claim that LBMA published Friday's fixes for all four metals rests on all four feeds and not on one of them. Their newest values are gold PM 4,261.05, silver 65.015, platinum PM 1,768.80 and palladium PM 1,256.75, with the 24 September points at 4,266.40, 63.58, 1,753.60 and 1,269.75. Kitco's board was re-read at press time on 26 September under the one-price rule, and the four bids it returned are identical to the marks the tape already carried for Friday: gold 4,284.20, silver 64.169, platinum 1,773.00, palladium 1,251.00. There is no divergence between the press-time read and the tape, so nothing was written back and the tape's own marks print here unchanged. Kitco's per-metal originalTime field reads 2026-09-25T17:00:00Z on all four, which is the evidence for saying the board has not ticked; no closure or holiday is asserted anywhere in this article, and the frozen-timestamp claim is read off the feed rather than off a calendar. The percentages are the desk's own division of the published levels and are shown in the table note so the base is visible in each case. Against this paper's 25 September metals article, which reported a press-time screen reading taken on Friday morning, the period here is different: that piece covered Friday's opening marks and this one covers Friday's settled close and Friday's published London fixes, which did not exist when it ran. Same instruments, a different window, so this advances rather than repeats.

1. LBMA gold price PM, 25 September 2026 fix (4,261.05) 25 September 2026
2. LBMA silver price, 25 September 2026 fix (65.015) 25 September 2026
3. LBMA platinum price PM, 25 September 2026 fix (1,768.80) 25 September 2026
4. LBMA palladium price PM, 25 September 2026 fix (1,256.75) 25 September 2026
5. Precious metals live board, Kitco, re-read 26 September 2026 at 06:21 EDT 25 September 2026