What Is the London Fix Price? The “London Fix” is issued by the London Bullion Market Association (LBMA). It is the way that global daily prices are set for precious metals including silver, platinum and palladium. But most importantly, gold. The “London Fix Price” is an agreed-upon fair-value price for a precious metal based on current buying/selling interest at various prices and as agreed to by LBMA member banks; for gold it is set twice per day « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Euro Zone Beats Recession Odds, But Economic Challenges Loom READ MORE Central banks bolster gold reserves further in February, albeit at a slower pace READ MORE Bank of Japan Eyes Policy Shift: Ending NegativeRates READ MORE Gold Prices Waver as Markets Await Inflation and Fed Signals READ MORE A Guide to Trading Gold and Silver Futures Contracts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment