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 Powell says conditions needed to cut rates likely to take longer to appear READ MORE Fed's Latest Stress Test Scenarios: Banks Brace for Hypothetical Global Recession READ MORE Nvidia’s Market Cap Worth As Much as the Entire Chinese Stock Market READ MORE Samsung: 2024 Key Commodity Market Outlook READ MORE Federal Reserve Balances Rate Decisions Now That Inflation Has Slowed READ MORE Add a Comment Cancel replyYour email address will not be published.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