LBMA – London Fix
The London Fix, also known as the Gold Fix or the Silver Fix, was a daily benchmarking process used by the London Bullion Market Association (LBMA) to set the price of gold and silver. It was used to determine the price at which the metal was traded in the London market, and it was widely
LBMA – Purpose
The London Bullion Market Association (LBMA) is an international trade association that represents the global market for gold and silver bullion. Founded in 1987, the LBMA is responsible for setting and maintaining standards for the quality and purity of precious metals, as well as for promoting transparency and integrity in the global bullion market. In
