Gold Fix Price New York Precious Metals Market London Exchange Charts
Precious Metal Live 24 hour Price Fixing Quotes. Free Charts and Graphs updated Live for all Metals Gold, Silver, Platinum. Latest News for Bullion Investment & Jewellery Industry
Gold has been traded on the London Market since 1919 and the Gold-Fix is set twice daily at 10:30am and 3pm GMT. The Gold price is fixed by 5 members of the London Bullion Market Association LBMA when they meet to agree the Gold Fix. As well as the London Bullion Market Gold is traded around the world on the New York Mercantile Exchange NYMEX and the Tokyo Commodities Exchange TOCOM. The US New York Exchange Gold Market NYMEX opens when the second Fix of the day is made in the London Bullion Market and trade continues through the day. Other popular ways of investing in gold bullion are to physically hold gold bars or bullion in coinage form (coins or bullion rounds) or to invest in shares in a Gold Mining company.
Gold & Silver Bullion Investment Information Precious Metals Charts Live Prices
Silver Bullion Gold Bars
Silver bullion is readily available in coins of 1 troy ounce .999 purity fine silver. Some silver rounds coins available are American Eagles, Canadian Maple Leaf and Chinese Silver Pandas. Silver bars are commonly available in 1 oz, 10oz bullion bar upto 100oz silver bullion bars.
Gold bars can be purchased in many sizes from 1 gram bullion bar to One Kilogram bars. London Good Delivery Bars are the standard held by banks and financial institutions, good delivery bullion bars must contain between 350 - 430 troy ounces of gold and a minimum fineness of 995 parts per thousand. The definition of Silver good delivery bars are silver bullion bars containing 750 - 1100 ounces of Silver with a minimum purity of 99.9 percent silver.
Gold Bullion refiners Good Delivery Refinery Pamp Credit Suisse
There is an extensive list of Good Delivery approved Gold refiners Worldwide that melt and assay Gold Bullion Bars. Some are Johnson Matthey, PAMP Suisse of Switzerland, Credit SUISSE, Royal Canadian Mint, AGR Matthey, The Great Wall Gold & Silver Refinery of China.Gold bars are the most cost effective way to hold an investment in gold for the larger investor due to low premium charged by suppliers. The smaller investor may choose to hold a gold bullion investment in the form of coins, due to the ease of storage and the collectable nature of minted bullion coins.
Wealth protection Investing in Gold, Silver, Platinum to beat Inflation
Investors today are becoming more wary of paper investments bonds, stocks, shares and currency and turning to precious metals instead. Precious metals such as Gold and Silver have always been a safer way to invest and in the long term provide a solid investment. Gold and precious metals should form part of an investors portfolio to help hedge against any currency fluctuations, inflation and a countries political uncertainty. Gold as an asset is extremely liquid and can be quickly traded, unlike other forms of currency that can be devalued gold always has an intrinsic value and is accepted in every country around the world. Platinum and Palladium can also be purchased in bullion bar form for investment and bullion round coins, popular forms are PAMP credit suisse palladium 1oz bars and platinum American Eagle 1 ounce coins.
