The initial trading price of an ounce of precious metal, including gold, silver, platinum and palladium, which are set daily at 10:30 and 15:00 GMT by the members of the London Gold Pool and used widely all over the world. This price is fixed initially once the members come to a conclusion at the end of the conference. However, the price varies outside the set times when these metals are being traded in the open market. Also called London a.m fix, London p.m fix, London morning fix, London afternoon fix.
Related information about London spot fix:
- London Spot Fix Definition | Investopedia
A price per ounce for each of the precious metals (gold, silver, platinum and palladium) determined daily at 10:30 and 15:00 GMT by a brief conference call ...
- What is London spot fix? definition and meaning
Definition of London spot fix: The initial trading price of an ounce of precious metal, including gold, silver, platinum and palladium, which are set daily at 10:30 ...
- London Spot Fix Definition - TL - 13984
What is the definition of London Spot Fix ? The London Spot Fix is the price markets are willing to pay for each ounce of a precious metal at 10:30 and 15:00 ...
- Spot Metal Prices | Russell L. Forkey, P.A. | Florida
The London spot fix price is the price fixed at the moment when the conference call terminates. If you would like specific information relative to the spot price of ...
- Gold Bullion International - Featured Articles » New Program Pays ...
Apr 9, 2012 ... The price is set at the London spot "fix" on the dividend record date. The London fix prices are widely followed benchmarks that occur when ...
- Taking a Closer Look at Silver Prices | Global Markets | Business ...
Feb 22, 2012 ... The London Spot Fix is the price per ounce fixed daily at 10:30 a.m. and 3 p.m. during a conference call in London by the five members of the ...
- Glossary
London spot fix: A price per ounce for each of the precious metals (gold, silver, platinum ... The London spot fix price is the price fixed at the moment when the ...
- Falling Gold and Silver Prices Being Driven By Market Makers and ...
Nov 1, 2011 ... The London spot fix price is the price fixed at the moment when the conference call terminates.” According to Wiki again: Although the physical ...