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gold fixing
Or gold fix
noun
Finance.
the procedure by which the price of gold is established.
the price itself, especially as established daily in the London gold market.
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Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
A gold fixing facility exists in London, but China wants its own – reflecting its ambitions as a global financial player.
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The London P.M. gold fixing is $1,152.25 versus the previous A.M. fixing of $1,161.25.
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The London P.M. gold fixing is $1,175.75 versus the previous A.M. fixing of $1,179.50.
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According to the FCA, the London Gold Fixing and the London Bullion Market Association Silver Price, will be two of the seven new regulated benchmarks.
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The London A.M. gold fixing is $1,204.50 versus the previous P.M. fixing of $1,209.00.
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