gold fix

Gold Fixing

The determination of the price of gold. Gold fixing is done twice per day by the London gold pool, which consists of five members who investigate the supply and demand for gold on the world market. The price that gold fixing determines serves as a benchmark for gold trading worldwide.

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.

单词	gold fix
释义	gold fix gold fix or gold fixingn. The regular setting of the price of gold as a commodity. gold fix Gold Fixing The determination of the price of gold. Gold fixing is done twice per day by the London gold pool, which consists of five members who investigate the supply and demand for gold on the world market. The price that gold fixing determines serves as a benchmark for gold trading worldwide. 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.
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