| Attention: We will be closed Monday, June 30th through Sunday, July 6th and will reopen on Monday, July 7th. We hope that everyone has a safe and happy 4th of July celebration with your family and friends! |
| Gold $3,338.40 +34.90
Silver $36.07 -0.08
Platinum $1,360.20 -1.70
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| Home | Glossary - L |
| A B C D E F G H I J K L M N O P Q R S T U V W X Y Z |
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LBMA - London Bullion Market Association was incorporated in 1987 to represent the interests of the participants in the wholesale bullion market.
Leaching - The extraction of a soluble metallic compound from ore by dissolving the metals in a solvent.
Legal Tender - Money that is officially issued and recognized in exchange for good and services.
Liquid Assets - Assets consisting of cash or other property, which can be readily converted into cash.
Liquidity - The ease of buying and selling a precious metal. For example it is easier to sell one ounce of silver versus a 100 ounce silver bar.
London Fixing Price - A precious metal price that is fixed by the London Gold Market Fixing Ltd via conference call, which is used as a benchmark to price the major global precious metal products and derivatives. The gold fixing price is fixed twice each business day at 10:30 am and 3 pm, and the silver price fixing is set or fixed once a day, at 12:00 am London local time.
LPPM - Is the abbreviation for London Platinum and Palladium Market.
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7511 Boulevard 26, North Richland Hills, TX 76180 (817) 485-2646 |
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