Gold fix


 

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Gold fix

The setting of the price of gold by dealers (especially in a twice-daily London meeting at the Bank of England). The fix is the fundamental worldwide price for deriving the prices of gold bullion and other gold-related contracts and products.



Similar Matches

Gold fixing

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.


Gold bond

Gold bond

Bonds issued by gold-mining companies and backed by gold. The bonds make interest payments based on the level of gold prices.


Golden cross

Golden cross

In technical analysis, what happens when the short moving average price of a stock (say, its 20-day moving average) cuts above a longer moving average (say, its 50-day average).For chartists, this cross is a sign that sentiment in the market has turned decidedly in favour of the stock, especially if up to that point two moving averages have been moving roughly in parallel.


Gold standard

Gold standard

A monetary system in which both the value of a unit of the currency and the quantity of it in circulation are specified in terms of gold. If two currencies are both on the gold standard, then the exchange rate between them is approximately determined by their two prices in terms of gold.


Gold bars

Gold bars

Bars with a minimum content of 99.5% gold, which may be held by central banks or traded by investors.


Further Suggestions

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