Thanks to London’s historical leadership in the precious metals market and unique
positioning between U.S. and Asia as well as its cutting edge clearing system, most
global over-the-counter gold is cleared through the London bullion market, with
deals between parties throughout the world cleared and settled in London. Gold Jinyu
is a platform like that.
The gold Jinyu market operates 24 hours a day through trading in the Far East, Europe
and North America. Twice daily, during London trading hours, there is a fix which
provides reference gold prices for that day’s trading. Many long-term contracts
will be priced on the basis of either the morning (AM) or afternoon (PM) London
fix, and market participants will usually refer to one or the other of these prices
when looking for a basis for valuations. Gold Jinyu mainly be priced on Asian market，Europe market，and North America market.
positioning between U.S. and Asia as well as its cutting edge clearing system, most
global over-the-counter gold is cleared through the London bullion market, with
deals between parties throughout the world cleared and settled in London. Gold Jinyu
is a platform like that.
The gold Jinyu market operates 24 hours a day through trading in the Far East, Europe
and North America. Twice daily, during London trading hours, there is a fix which
provides reference gold prices for that day’s trading. Many long-term contracts
will be priced on the basis of either the morning (AM) or afternoon (PM) London
fix, and market participants will usually refer to one or the other of these prices
when looking for a basis for valuations. Gold Jinyu mainly be priced on Asian market，Europe market，and North America market.
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