On an inflation adjusted basis, it would need to t up to more than $2,150 to itch where it was at the London fixing
on January 21, 80.
The industry-funded World Gold Council has long called for the British Government to abandon the auctions, saying sales should be conducted during the twice-daily London fixing
Draft of Trading (Outline) Object of trading: Gold Type of trading: Futures trading through cash settlement Final settlement price (Note 2): London fixing
price Bid and offer price: 1 troy ounce Bid and offer unit: US$0.
The three-month London interbank offered rates (Libor) for dollar, euro and sterling funds also eased at the London fixings