gold fixing

or gold fix

noun

, Finance.

1. the procedure by which the price of gold is established.
2. the price itself, especially as established daily in the London gold market.

Example Sentences

A gold fixing facility exists in London, but China wants its own – reflecting its ambitions as a global financial player.

From Forbes

The London P.M. gold fixing is $1,152.25 versus the previous A.M. fixing of $1,161.25.

From Forbes

The London P.M. gold fixing is $1,175.75 versus the previous A.M. fixing of $1,179.50.

From Forbes

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.

From Forbes

The London A.M. gold fixing is $1,204.50 versus the previous P.M. fixing of $1,209.00.

From Forbes