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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (10891)4/28/1998 8:30:00 PM
From: Stephen O  Read Replies (2) | Respond to of 116764
 
I suggest Mike Bartlett that you understand that the London fixing is on behalf of the whole world. The fixings indicate the prices at which large amounts of gold are traded. It is London where many of the world s large orders are funneled by dealers. The volume of gold traded is kept secret When enough gold is offered at a specific price to match the buyers then the price is fixed for that session. London is essential because only in London can buyers and sellers deal in quantity.