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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

gold fixing  

Definition 1.

The twice-daily setting of the price of gold by specialists in London, Paris, and Zurich. The specialists gauge market demand and supply in order to set the prices.
 

Definition 2.

The process of determining the price of gold based on supply and demand forces of the market; which occurs twice daily in London.
 
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