Data and Calculation Basis To arrive at the above rates, we have simply taken the published gold bullion prices, as fixed by the London Gold Fix, and published by the LBMA. All rates are as at the morning fix which commences each weekday at 10.30 a.m., divided each rate by the other two rates in turn to arrive at foreign exchange cross rates between each currency. The exchange rates assumed at each fix are highly accurate mid-price wholesale interbank rates at the exact moment of fixing. We have not shown any p.m. figures, which could be calculated from the afternoon fixing. For most purposes the above rates should be sufficiently accurate.
Disclaimer Although we have taken all care to provide accurate information, we accept no responsibility for any error. You use this information at your own risk.
A daily gold price chart is available on the website of the London Bullion Market Association .
The London Gold Fixing Explained
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