AM Gold Fix

The A.M. Gold Fix refers to the price per ounce for gold that is agreed by the five members of the London Gold Pool (Barclays Capital, Deutsche Bank, Scotia-Mocatta, Société Générale and HSBC) each morning. The A.M. Gold Fix is decided during a short daily conference call at 10.30 a.m. London time and comes into effect at the precise moment the call ends. The A.M. Gold Fix, sometimes called the 'London Spot Fix' or the 'London A.M. Fix', is the universally accepted price per ounce until the P.M. Gold Fix at 3 p.m.