Category: Glossary Portfolio

03
Dec
2015

Brexit: Was The Iron Lady’s Warning of EU ‘Superstate’ Correct?

Britain is continuing to debate its role and its participation within the European Union in preparation for a major vote on whether to leave the union altogether. There are indications that the referendum – known as Brexit – is likely to be held in 2016. It could be argued that Britain was always a reluctant […]

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14
Jul
2013

What is the Gold Fix?

 What is the Gold Fix?

To help facilitate trades on the London gold market, the price of gold is "fixed" twice each weekday. The Gold Fix is determined by a five member panel, known as The London Gold Market Fixing Ltd.

The Gold Fix is used to help members of the London Bullion Market Association (LBMA) complete trades. The gold fix sets values in US dollars, British Pounds and Euros, and is used as a benchmark price by most of the world’s markets for bullion and other gold derivatives.

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13
Jul
2013

What is the Spot Gold Price?

What is the Spot Gold Price?

When trading gold bullion, the price is usually governed by the "Spot Gold Price". This is the explicit value at which an ounce of gold is selling for on the "over the counter" market at any given point in time.

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12
Jul
2013

Gold Bullion

Gold bullion is a bulk form of the precious metal used for trading on commodity markets. Gold bullion is usually cast into ingots or coins. 

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