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gold fix

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gold fixing

 
Use gold fix in a Sentence
–noun Finance.
1. the procedure by which the price of gold is established.
2. the price itself, esp. as established daily in the London gold market.
Also, gold fix.
Also called fixing.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Repair
Schedule In Home Repair Service -- It's Quick and Easy.
www.SearsHomeServices.com
Gold Market - Monex
Leading Gold Bullion Dealer in USA Multi-$Billion/yr: Bullion & Coins
www.Monex.com/free_DVD
gold fix or gold fixing  
n.  The regular setting of the price of gold as a commodity.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Gold Fix

The setting of gold prices, twice a day, by the five members of the London gold pool. This rate is used as a benchmark for pricing the majority of global gold products and derivatives.

Investopedia Commentary

Twice a day, the London gold pool sets the price of gold based upon basic economics of supply and demand. The world then uses these prices to determine the price of bullion and gold related products.

Related Links

Using Technical Analysis in the Gold Markets
The Gold Standard Revisited
What Is Wrong With Gold?

See also: Bullion, Fool's Gold, Gold Standard

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

gold fix

The setting of the price of gold by dealers so as to establish values for gold bullion, gold products, and gold-related products. The price of gold is fixed twice a day in each of the world's gold centers. See also fix.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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