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...
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Found in
World Gold Trust contract