LBMA Gold Price definition

LBMA Gold Price means the London gold price per ▇▇▇▇ ounce of gold for delivery in London through a member of the LBMA authorized to effect such delivery, stated in U.S. Dollars, as calculated and administered by independent service provider(s), and published by the LBMA on its website at ▇▇▇.▇▇▇▇.▇▇▇.▇▇ or by its successor that publically displays prices.
View Source
LBMA Gold Price means the London gold price per troy ounce of gold for delivery in London through a member of the LBMA authorized to effect such delivery, stated in U.S. Dollars, as calculated and administered by independent service provider(s), and published by the LBMA on its website at www.lbma.org.uk or by its successor that publicly displays prices.
View Source
LBMA Gold Price means the price of Physical Gold that is based on the LBMA daily auctions.
View Source

Examples of LBMA Gold Price in a sentence

  • The value of the Account Balance shall be determined on any day using the LBMA Gold Price PM, and if there is no such fix on such day, by the last LBMA Gold Price fix (AM or PM).

  • If you have another Unallocated Account with us relating to Precious Metal, we will transfer the remainder of the balance to that account, and if you do not have another Unallocated Account with us, we will purchase for cash the remainder of the Bullion in your Unallocated Account based on the LBMA Gold Price AM on the date you are withdrawing the Bullion physically, or if there is no LBMA Gold Price AM for such date, then the LBMA Gold Price AM for the next Business Day.

  • The value of the Account Balance shall be determined on any day using the LBMA Gold Price AM.

  • If no LBMA Gold Price is available on any day, the Administrator is authorized to value the Trust's gold based on the most recently announced LBMA Gold Price PM or LBMA Gold Price AM.

  • Purchase Orders are not accepted on a particular Business Day if the LBMA Gold Price PM or other applicable benchmark price is not announced on that Business Day.

  • The dollar value for any payment in gold shall be determined by the afternoon LBMA Gold Price (LBMA Price) on the date of receipt of the final smelter settlement statement.

  • Pay for 95% of the gold content of the Concentrate, subject to a minimum deduction of 1 gram per dry metric ton of the Concentrate, at the balance of the final gold content at the mean of the official AM/PM LBMA Gold Price, as published on ▇▇▇.▇▇▇▇.▇▇▇.▇▇ and averaged over the quotational period.

  • The Administrator generally values the Physical Gold held by the Trust using that day's LBMA Gold Price PM.

  • Redemption Orders are not accepted if the LBMA Gold Price PM or other applicable benchmark price is not announced on that Business Day.

  • If there is no LBMA Gold Price PM on any day, the Administrator is authorized to use the LBMA Gold Price AM on that day.


More Definitions of LBMA Gold Price

LBMA Gold Price means the data generated by the ICE gold auction process and the LBMA Gold Price benchmark product which is calculated and distributed by ICE Benchmark Administration, and which has replaced the former “London Gold Fix”; Definition Meaning
View Source
LBMA Gold Price means the morning fixing price of gold per troy ounce quoted in US dollars and set by IBA at 10:30 a.m. (London time)), or any benchmark as acceptable and approved under the requirements of the Code.
View Source