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We have 14 guests online| Gold Prices History (1968 - 2009) |
| Wednesday, 20 January 2010 17:25 |
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The price of gold is determined through trading in the gold and derivatives markets, but a procedure known as the Gold Fixing in London, originating in September 1919, provides a daily benchmark price to the industry. The afternoon fixing was introduced in 1968 to provide a price when US markets are open.
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Sources: Austin Golf Information Network |
