1 entry tagged lbma. All writing.
OCTOBER 5, 2026 Gold Is Still Fixed Twice a Day. It Just Stopped Using a Phone. The London Gold Fix did not disappear. Since 2015 it has been an electronic auction at the same two times of day, run by an exchange company instead of five banks. Here is how the auction works, what the old fix was actually caught doing, and whether the new one can be spoofed the way JPMorgan spoofed gold futures.