Ihad once somethoughts of fixingintown myself — for I am fond of superiorsociety; but I did not feel quite certain that the airofLondonwould agree with Lady Lucas.
The twice-daily London gold fixings are when the price of spot gold is determined, in London, by the five members of The London Gold Market Fixing Ltd.
There has been a furore over the fixing of the London inter-bank lending rate, known as Libor, which is considered to be one of the most crucial interest rates in finance.