LBMA Gold Price
LBMA Gold Price. Means the price per troy ounce of Gold stated in U.S. dollars as set via an electronic auction process run twice daily at 10:30 a.m. and 3:00 p.m. London time each Business Day as calculated and administered by ICE Benchmark Administration Limited ("IBA") and published by LBMA on its website. The "LBMA Gold Price PM" is the 3:00 p.m. LBMA Gold Price. IBA, an independent specialist benchmark administrator, provides the price platform, methodology and the overall administration and governance for...
View More
All Definitions
Found in
World Gold Trust contract