The LBMA Gold Price, or London Gold Fixing, sets a standard price twice a day for gold transactions. This price serves as a benchmark for pricing many financial instruments, including swaps and options.
What is the London Gold Fixing?
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About the Author: Michael Williams
As an executive overseeing and administering the Private Client Bullion Services at Strategic Gold, Mr. Williams provides leadership in delivering secure, flexible solutions for Clients, ranging from individuals to corporations and trusts, interested in buying, selling, and securely vaulting investment credentialed physical gold and silver.