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London Bullion Market

   Also found in: Wikipedia 0.01 sec.
London Bullion Market
An over-the-counter market for the trade of gold and silver. One must be a member of the London Bullion Market Association in order to trade on this market. While the Bank of England may regulate the market, the LBMA operates primarily as a self-regulatory organization.


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13 dollars per ounce at around 0400 GMT on the London Bullion Market, extending its record-breaking run.
On the London Bullion Market, the price of gold rose to 1,183.
50 dollars an ounce on the London Bullion Market, after striking a series of historic peaks in recent days and weeks.
 
 
 
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