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CC/09-19Saturday 19 September 2026The Gold & Metals Desk · Metals tape
Metals tapeGold & Metals · CC/09-19

Silver fixes at $67.035 in London, highest since 28 August

Kitco's Friday close put spot silver at $66.127, down 1.06% on the session and 1.35% below the London fix. Gold's fix eased to $4,348.15 and palladium's rose to $1,315.50.

By The Prices Desk19 September 2026Brief 25 sec · Full read 1 min
PLATE IThe number
$67.035
Silver fix
LBMA, 18 September
+4.54%On Thursday's fix
$66.127Spot close
1.35%Spot below fix
Source LBMA daily fix series, 18 September 2026 · spot close from Carat Capital's tape of 19 September, covering the 18 September session
What changed

The fix outran the screen. The LBMA silver price fixed at $67.035 on 18 September, its highest since 28 August. Kitco's close for the same session was $66.127.

What it means · The Desk’s View

If you buy physical silver on the fix: Friday's cost was 1.35% above the screen close, a gap of $0.908.

If you price retail off spot: the two instruments parted on one session. Name which one your tickets use.

What this is not: a new high. August's $70.26 fix stands above every September reading.

The article3 sections · 75 words
Table I · Friday's London fixes against Thursday's, and against the screenUS dollars an ounce · LBMA PM fixes except silver, which fixes once · spot close from Carat Capital's tape
MetalFix, 18 SepFix, 17 SepFix changeSpot close, 18 Sep
Gold4,348.154,368.10-0.46%4,377.00
Silver67.03564.125+4.54%66.127
Platinum1,793.201,796.40-0.18%1,796.00
Palladium1,315.501,300.25+1.17%1,283.00
Source the four LBMA daily fix series were fetched directly on 19 September 2026 and each carries a 2026-09-18 entry as its last record. Carat Capital's arithmetic the fix change column is the 18 September fix over the 17 September fix less one: 67.035 ÷ 64.125 = 1.0454, so +4.54%; 4,348.15 ÷ 4,368.10 = 0.9954, so -0.46%. The spot gap is 66.127 ÷ 67.035 = 98.65% of the fix, which is 1.35% below it, not 1.37%, because the base is the fix. Two instruments a fix is an auction-settled benchmark struck once a day in London; the spot close is a dealer bid at a different hour. They are compared here and not merged.CC/2026/066

ISilver's fix outran its screen price

The gap is $0.908. Kitco's 18 September close put spot at $66.127, which is 1.35% below the London fix of $67.035.

Spot fell anyway. Spot silver lost 1.06% on the session while the fix gained 4.54% on Thursday's.

IIThree metals barely moved

Gold and platinum eased. Gold's PM fix fell 0.46% to $4,348.15 and platinum's fell 0.18% to $1,793.20.

Palladium rose. Palladium's PM fix added 1.17% to $1,315.50, its highest since 11 September.

IIIAugust still holds the high

Seventy-two-sixty stands. The 28 August fix of $70.26 is the most recent above Friday's, and every September fix sits below it.

The depthMethod, sources, corrections · open what you need
01What would change this call+

A Monday fix back under $66. One fix is one auction at one minute of one day, and a single session that parts from spot can rejoin it on the next.

02How the LBMA silver price is set+

The LBMA silver price is an electronic auction, not a survey. Accredited participants enter buy and sell volumes in successive rounds until the imbalance falls inside a set tolerance, and the price at which that happens becomes the day's benchmark. It is struck once a day in London and settles physical contracts worldwide. Spot, by contrast, is a continuously quoted dealer bid. The two answer different questions and can differ by more than a percent on a busy session.

03Method · the desk’s arithmetic+

The four LBMA fix series were fetched directly on 19 September 2026 with a browser user agent, at 898,020 bytes for silver, 914,722 for gold, 556,807 for platinum and 553,750 for palladium; each last record is dated 2026-09-18. The superlative was traced rather than asserted: every silver fix in the series was compared with Friday's $67.035, and the most recent higher one is 28 August's $70.26, with all fourteen September fixes below it. The spot figures are Carat Capital's own tape of 19 September, which records the 18 September session as final and is the paper's mark of record under the One-Price Rule; no press-time re-read was made and the tape's marks print as filed. The gap is stated on the fix's base and the division is printed with it. ARCHIVE: the silver price - ours of 2026-09-18 covers the KITCO BID at 06:03 EDT on 18 September, $66.835, against a 31 August anchor; this item covers the LBMA FIX of 18 September, $67.035, struck at noon London after that piece went to press, and the completed 18 September session close. DIFFERENT INSTRUMENT AND A LATER READING, so ADVANCED, not a repeat. The headline figure is not the same number for the same window.

04Sources5 documents
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