price of gold
11Gold standard — For other uses, see Gold standard (disambiguation). Under a gold standard, paper notes are convertible into pre set, fixed quantities of gold. The gold standard is a monetary system in which the standard economic unit of account is a fixed mass… …
12Gold — This article is about the metal. For the color, see Gold (color). For other uses, see Gold (disambiguation). platinum ← gold → mercury …
13gold standard — a monetary system with gold of specified weight and fineness as the unit of value. [1825 35, Amer.] * * * Monetary system in which the standard unit of currency is a fixed quantity of gold or is freely convertible into gold at a fixed price. The… …
14Gold Fixing — The Gold Fixing (also known as the London Gold Fixing or Gold Fix) is the procedure by which the price of gold is set on the London market by the five members of the London Gold Pool. It is designed to fix a price for settling contracts between… …
15Gold Anti-Trust Action Committee — The Gold Anti Trust Action Committee (GATA) is an American non profit organization whose charter purpose is to advocate and undertake litigation against purported illegal collusion by a gold cartel to control the price and supply of gold and… …
16Gold Bug — An individual who is bullish on gold. Gold bugs believe that gold is still a stable source of wealth, like it was during the years of the gold standard international currency system. A gold bug invests in gold for what he or she perceives as… …
17Gold Fund — A mutual fund or exchange traded fund (ETF) that invests primarily in gold producing companies or gold bullion. The price of shares within a gold fund should correlate very closely to the spot price of gold itself, assuming the fund holds the… …
18Gold Bull — A slang term for a market or investor who is bullish on gold. A gold bull anticipates the price of gold increasing over the next period of time. A gold bull market is one where the value of gold has a rising trend. Sometimes a gold bull may be… …
19Gold Fix — The twice daily act of setting gold prices by the five members of The London Gold Market Fixing Ltd. This rate is used as a benchmark for pricing the majority of global gold products and derivatives. Twice a day, The London Gold Market Fixing Ltd …
20gold fixing — Finance. 1. the procedure by which the price of gold is established. 2. the price itself, esp. as established daily in the London gold market. Also, gold fix. Also called fixing. * * * …
