The Goldmoney Fixed Price differs from the Goldmoney Price in that it is set on the next available fix after your order is entered into the system.
For precious metals, the Goldmoney Fixed Price is used in three scenarios:
- For orders that exceed our set non-fixed limits;
- For orders that fall outside of our Dealing Team hours, or;
- Where the underlying market is closed.
The Goldmoney Fixed Price for each metal (Gold Silver, Platinum, Palladium) is determined using the fix price recorded each week day at 14:00 EST.
The Goldmoney Fixed Price for each currency (USD, GBP, EUR, CAD, CHF, JPY NZD, HKD & AUD) is determined using the fix price recorded each day at 12:00 GMT.