During the gold fixing, participants submit buy and sell orders based on the starting price. Adjustments are made until the net volume reaches a pre-set tolerance, ensuring an efficient price discovery process.
What Is the Procedure for Arriving at the Fixing Price?
Share This Story, Choose Your Platform!
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.