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<p>[QUOTE=&quot;fatima, post: 1456694, member: 22143&quot;]The &quot;fix&quot; is what it is.&nbsp; I don&#039;t see anything negative or positive about it since it was given in regards to how prices are justified.&nbsp; &nbsp; The London gold &quot;fix&quot; is set twice each day by at N M <u>Rothschild</u> &amp; Sons London HQ by Scotia-Mocatta (part of Scotiabank), Barclays Bank, Deutsche Bank, HBSC &amp; Société Générale.&nbsp; The price directly determines the price for large trades of gold held by these banks and their big customers.&nbsp;&nbsp; </p><p><br /></p><p>Most all other prices for gold in the world are determined by this action.&nbsp;&nbsp; </p><p><br /></p><p>As I mentioned earlier, the US Mint directly sets the prices for its gold coins from this &quot;fix&quot; price.&nbsp; (usually the average of the 2nd fix price over the last week).&nbsp;&nbsp; This includes the AGE, Buffalo, &amp;&nbsp; First Spouse coins. </p><p><br /></p><p>This is why gold pricing is different from every other metal.[/QUOTE]</p><p><br /></p>

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