Gold price, page-11524

GP

Not sure what you mean GP, I certainly didnt suggest the London Gold fix was going to disappear.
There was a bank that was involved in the gold fix that was caught in illegal behavior and I think has since left that market.
If anything I would say that nothing short of a nuclear bomb would stop the LBMA and the twice daily gold fix in London. The LBMA imo is simply a continuence of the old London Gold Pool of the the 70's, least I think it finished in the 70's. Some people would argue that though.

There was a move afoot by the NYMEX/COMEX I think to take the Gold fix to N.Y. a year or so ago. That was a business proposition though and certainly would not have seen the demise of the twice daily gold fix.