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On 21 January 1980 the gold fixing reached the price of $850, a figure not surpassed until 3 January 2008 when a new record of $865.35 per troy ounce was set in the a.m. fixing. However, when indexed for inflation, the 1980 high corresponds to a price of $2,305.18 in 2011 dollars, [ 3 ] thus the 1980 record still holds in real terms .
LBMA's Responsible Gold Guidance (RGG) (Version 6) was the document first reviewed by the OECD in 2016. Following this, LBMA took the opportunity to clarify some of the language used and expand sections on sourcing responsibly for artisanal and small-scale mines when developing Version 7.
Twice daily, at 10:30 AM and 3:00 PM (local time). the LBMA publishes the gold price in US dollars. [1] These forward contracts are known as gold futures contracts. Spot gold is traded for settlement two business days following the trade date, with a business day defined as a day when both the New York and London markets are open for business.
LSTA, a Texas-based company that also owns precious metals dealers U.S. Gold Bureau and WholesaleCoinsDirect.com, operates a highest-rated, Class 3 vault that serves as the depository’s initial location. Planning for a permanent home for the Texas Bullion Depository began in 2018, at a site in Leander, Texas that should be completed in 2019.
Many rare coin price records were broken in the January 14, 2024, Florida United Numismatist (FUN) auction, including the finest known example of an 1855 Kellogg & Co. $50 for $1.26 million, one of only two known examples of an 1860 Half Eagle for $1.14 million, and the finest known example of an 1851 Schultz & Co. Half Eagle which drew $1.02 ...
Country Name of bullion coin Fineness Weights options in troy ounces (ozt) 1 oz mintage (2018) Years minted Australia: Gold Nugget.9999: 1 ⁄ 20, 1 ⁄ 10, 1 ⁄ 4, 1 ⁄ 2, 1 2, 10, 1kg, 1000kg
1980 – Rainbow Rare Coins changes name to Dallas Gold & Silver Exchange 1987 – Publicly traded American Pacific Mint acquires the assets of Dallas Gold & Silver Exchange 1991 – Dallas Gold & Silver Exchange acquires its first Texas pawn license to provide jewelry loans to its customers
ScotiaMocatta was formed by Scotiabank's acquisition of Mocatta Bullion from Standard Chartered Bank in 1997. They acquired it from Hambros Bank in 1973.. The company dates back to Moses Mocatta, who immigrated from Amsterdam to London where, in 1671, he established a shop for gold, silver, and diamonds, then opened an account with the English goldsmith-banker Edward Backwell (ca. 1618–1683).
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