London gold fixing

London gold fixing
/ˌlʌndən 'gəυld ˌfɪksɪŋ/ noun
system where the world price for gold is set each day in London

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  • Gold Fixing — The Gold Fixing (also known as the London Gold Fixing or Gold Fix) is the procedure by which the price of gold is set on the London market by the five members of the London Gold Pool. It is designed to fix a price for settling contracts between… …   Wikipedia

  • gold fixing — Finance. 1. the procedure by which the price of gold is established. 2. the price itself, esp. as established daily in the London gold market. Also, gold fix. Also called fixing. * * * …   Universalium

  • gold fixing — Finance. 1. the procedure by which the price of gold is established. 2. the price itself, esp. as established daily in the London gold market. Also, gold fix. Also called fixing …   Useful english dictionary

  • gold fixing — / gəυld ˌfɪksɪŋ/ noun a system where the world price for gold is set twice a day in US dollars on the London Gold Exchange and in Paris and Zurich …   Dictionary of banking and finance

  • London Gold Fix — The open fixing of a price for gold which takes place twice a day in London, and is effected by a foundation of five members under the chairmanship of N.M. Rothschilds. Dresdner Kleinwort Wasserstein financial glossary …   Financial and business terms

  • gold fixing — The process of determining the price of gold based on supply and demand forces of the market; which occurs twice daily in London. Bloomberg Financial Dictionary …   Financial and business terms

  • Gold — This article is about the metal. For the color, see Gold (color). For other uses, see Gold (disambiguation). platinum ← gold → mercury …   Wikipedia

  • Gold as an investment — Reserves of SDR, forex and gold in 2006 …   Wikipedia

  • London bullion market — The London bullion market, is entirely different from, but often confused with the London Metal Exchange. Only base metals are traded at the London Metal Exchange (LME), while gold and silver are traded by members of the London Bullion Market… …   Wikipedia

  • Gold exchange-traded product — Gold exchange traded products are exchange traded funds (ETFs), closed end funds (CEFs) and exchange traded notes (ETNs) that aim to track the price of gold. Gold exchange traded products are traded on the major stock exchanges including Zurich,… …   Wikipedia

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