Precious Metal Pricing
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Daily Precious Metals Pricing
Daily Metal Prices |
|
---|---|
METAL | $/TROY OZ |
GoldLondon PM Fix | $1,202.00 |
SilverLondon PM Fix | $17.26 |
PlatinumLondon PM Fix | $1,243.00 |
PalladiumLondon PM Fix | $784.00 |
ADS Gold, Inc., bases the value of each precious metal transaction on the day of settlement based upon the London Gold Market Afternoon Price Fix. This is a standard used worldwide.
The London gold fixing 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 the 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.