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1. www.reuters.com › markets › commoditiesLondon gold price benchmark breaks all-time high, LBMA says

   www.reuters.com › markets › commodities

   Dec 27, 2023 · Dec 27 (Reuters) - London's gold price benchmark hit an all-time high of $2,069.40 per troy ounce at an afternoon auction on Wednesday, surpassing the previous record of $2,067.15 set in...

2. www.lbma.org.uk › articles › lbma-london-gold-priceLBMA London Gold Price Reaches New All Time High | LBMA

   www.lbma.org.uk › articles › lbma-london-gold-price

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   Mar 4, 2024 · The LBMA London gold price hit new highs today, 4 March, 2024: $2,083.15 at the AM auction, and $2,098.05 at the PM auction. The price at today’s AM auction exceeded the previous high of $2,078.40 per troy ounce reached in the PM auction on 28 December, 2023. Gold started 2024 at $2,074.90.

3. www.mining.com › web › london-gold-price-benchmarkLondon gold price benchmark hits all-time high, LBMA says

   www.mining.com › web › london-gold-price-benchmark

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   Mar 4, 2024 · London’s gold price benchmark hit an all-time high of $2,098.05 per troy ounce at an afternoon auction on Monday, surpassing the previous record of $2,078.40 set on Dec. 28, the London Bullion...

4. learn.apmex.com › investing-guide › goldLondon Over the Counter (OTC) Gold Market Explained | APMEX

   learn.apmex.com › investing-guide › gold

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   Jan 4, 2024 · The London OTC market plays a crucial role in setting global gold prices. The prices determined in this market serve as a benchmark, known as the London Gold Fixing, which influences gold prices worldwide.

5. www.kitco.com › price › fixesLatest London Fix - KITCO

   www.kitco.com › price › fixes

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   BUY/SELL GOLD & SILVER. Bullion Coins and Bars. Precious Metals. All Metal Quotes. Cryptos

6. noblegoldinvestments.com › what-is-london-gold-fixThe London Gold Fix & The Impact On Gold - Noble Gold

   noblegoldinvestments.com › what-is-london-gold-fix

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   Apr 20, 2023 · The London Gold Fix (or just Gold Fix) is the benchmark for the gold bullion price on the world market. In this process, the gold dealers of the five largest London bullion banks set a common transaction price for a large pool of gold buy and sell orders.

7. People also ask

   What is the London gold price benchmark?

   • London's gold price benchmark reached an all-time high of $2,069.40 per troy ounce at an afternoon auction on Wednesday, according to the London Bullion Market Association (LBMA). This surpassed the previous record of $2,067.15 set in August 2020.

   London gold price benchmark breaks all-time high, LBMA says

   www.reuters.com/markets/commodities/london-gold-price-benchmark-breaks-all-time-high-lbma-says-2023-12-27/

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   What is the London Gold Fixing Rate?

   • The London Gold Fixing Rate is the benchmark for the price of gold. It is used by investors to determine the current market price for the price of gold, even though the price is ultimately determined by supply and demand.

   The London Gold Fix & The Impact On Gold | Noble Gold

   noblegoldinvestments.com/what-is-london-gold-fix/

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   What is the LBMA London gold price?

   • The LBMA London gold price hit a new high of $2,083.15 today, March 4, 2024, at the AM auction.

   LBMA London Gold Price Reaches New All Time High | LBMA

   www.lbma.org.uk/articles/lbma-london-gold-price-reaches-new-all-time-high

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   How has the London gold price changed over the years?

   • Since the turn of the century, the London gold price has increased more than seven-fold. It opened the year on Jan. 3 at $1,,835.05 and has since risen by 12.7%. The price has hit its highest in more than three weeks in the spot market in anticipation of U.S. interest rate cuts next year. (The London gold price opened the year at $1,,835.05 and has since risen by 12.7% according to LBMA.)

   London gold price benchmark breaks all-time high, LBMA says

   www.reuters.com/markets/commodities/london-gold-price-benchmark-breaks-all-time-high-lbma-says-2023-12-27/

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8. www.theglobeandmail.com › investing › article-theThe price of gold is at a record high. Here’s why

   www.theglobeandmail.com › investing › article-the

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   Aug 21, 2024 · The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That’s the highest closing price recorded for the commodity to date. Here’s what you need to know.