London Gold Price







The London Gold Price is a clearly posted, quoted price for gold that occurs twice per day.

The objective in establishing this was to allow large quantities of gold to be bought and sold using a single price.

Because this price does not fluctuate and can not be disputed, people in the industry such as gold mines, refiners, jewelry manufacturers, and banks use it as a basis for daily transactions.

Most people in the trade rely on the PM Fix each day. This figure in the basis of all pricing formula's for the next morning's business of buying and selling.



You can find this price if you go to

the Kitco website.





Have A Question, Comment or Additional Information About The Topic Of This Page?

If you have a Question, comment or Additional Information about the Topic of this page - Share it!






Return from London Gold Price to Gold Beginners home page.









Jeff Sneeringer


Jeff Sneeringer

Author & Publisher

Welcome to goldbeginners.com!

Please visit, About Us, to learn why I published this site and how you can benefit from it.




SUBSCRIBE to My FREE Monthly Newsletter!

"Gold Nuggets"




Once a month you'll receive...

*Interesting articles about gold.

*Tips for buying gold low.


Urgent alerts will be received immediately...

*Major events that will affect the price of gold.

*Governmental actions that would affect the ownership of gold.



Simply enter your primary e-mail address and first name in the form below...

Enter your E-mail Address
Enter your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Gold Nuggets.