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Gold Fix

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gold fixing - Related Articles
Bretton Woods
Key Concepts
to a fixed value, plus or minus 1%, set by the price of gold and the capability of the IMF to absorb temporary imbalances of payments.

 


GOLD FIX - the setting of the price of gold by dealers. The primary gold fix is made twice each day by ...
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Gold Fix
The daily price setting of gold by selected gold specialist and bank officials in London. The price is fixed at 10:30 am and 3:30 p.m. London time every business day, and is determined by the forces of supply and demand.

Gold Fix
The twice-daily act of setting gold prices by the five members of The London Gold Market Fixing Ltd. This rate is used as a benchmark for pricing the majority of global gold products and derivatives.

See Gold Fixing.
Fixed Annuity
Insurance company guarantees dollar amount of payments to the annuitant for the period covered under the contract.

gold fixing The twice-daily setting of the price of gold by specialists in London, Paris,... Gold Pool Representatives of seven countries who tried unsuccessfully to stabilize the...

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 mutual fund A mutual fund that primarily invests in gold-mining companies' stock.

setting of a present or future price of a commodity, such as the twice-daily London gold fixing . In other commodities, prices are fixed further into the future for the benefit of both buyers and sellers of that commodity.

The process of setting a price of a commodity, whether in the present or the future. See: Gold fixing.
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Personal Finance Glossary ...

Fixation
The process of setting a price of a commodity, whether in the present or the future. See: Gold fixing.

A fixed exchange rate system adopted in the Bretton Woods agreement. It required the U.S. to peg the dollar to gold and other countries to peg their currencies to the dollar.
Gold fixing ...

See: Gold fixing. Fixed asset Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment.

See also: Banks, Expense, Margin account, Floor broker, Saving

Business Gold exchange standardGold fixing

 
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