ACI
3I0-012 · Question #412
3I0-012 Question #412: Real Exam Question with Answer & Explanation
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Question
What is the London Gold Price Fix (London Gold Fixing)?
Options
- Athe gold price fixed twice a day to balance supply and demand in the London bullion market
- Bthe gold price fixed at the end of the day in the London bullion market
- Cthe gold price fixed at 11:00 am. local time in the London bullion market from a panel of gold traders
- Dthe gold price fixed at 11:00 a.m. to settle gold contracts in the London bullion market
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