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| has gloss | eng: The London gold fixing or gold fix is the procedure by which the price of gold is determined twice each business day on the London market by the five members of The London Gold Market Fixing Ltd. It is designed to fix a price for settling contracts between members of the London bullion market, but informally the gold fixing provides a recognized rate that is used as a benchmark for pricing the majority of gold products and derivatives throughout the world's markets. The gold fix is conducted in United States dollars (US$), Pound sterling (GBP), and the euro (€) daily at 10.30am and 3pm, London time, via a dedicated telephone conference facility. |
| lexicalization | eng: Gold Fixing |
| instance of | (noun) a soft yellow malleable ductile (trivalent and univalent) metallic element; occurs mainly as nuggets in rocks and alluvial deposits; does not react with most chemicals but is attacked by chlorine and aqua regia gold, atomic number 79, Au |
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| German | |
| has gloss | deu: Goldfixing beschreibt den seit 1919 stattfindenden Handelsprozess im Goldhandel am London Bullion Market, welcher zweimal täglich mit dem Ziel durchgeführt wird, möglichst viele Transaktionen zu einem Fixpreis abzuwickeln. Beteiligt sind hierbei die Vertreter der fünf sogenannten Bullionbanken als Mitglieder der London Bullion Market Association (LBMA). Der ermittelte Fixingkurs dient als Richtgröße für alle weiteren Goldtransaktionen. |
| lexicalization | deu: Goldfixing |
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