TERMIUM Plus®

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GOLD FLASHED [1 record]

Record 1 1998-07-07

English

Subject field(s)
  • Stock Exchange
  • Investment
DEF

The daily practice by five participating London bullion houses of fixing the free-market gold price by matching the bid and offer prices.

CONT

The London Gold Market... remains the world's most watched market on the basis of two daily fixings... At these fixings, the five members meet to match the buy and sell orders of their customers and thus establish a single quoted gold price, which is then flashed around the world.

Key term(s)
  • London fix

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Cotation de base de la barre d'or sur le marché. Depuis que la barre d'or est cotée à Paris, l'expression anglaise fixing, qui s'applique à la cotation de la barre sur le marché de Londres, tend à se répandre pour cette même cotation à Paris.

Spanish

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