| Gold $1,662.30 -0.50
Silver $19.10 +0.23
Platinum $870.40 -3.10
Pd $2,194.00 -36.50 |
| Attention: Silver is becoming very difficult to obtain due to the extreme demand. Most of our inventory is now wiped out. We can special order silver products, but expect delays on delivery. We will do our best to get more silver, but it may be quite difficult. Our goal is to continue maintaining the lowest premiums in the DFW market! |
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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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