Home » Indian Economy » World Economy » Question
  1. The value of gold is determined in
    1. London
    2. Dubai
    3. Rome
    4. Teheran
Correct Option: A

London Bullion Market is sometimes confused with the London Metal Exchange which is quite different. Only gold is traded at the London Bullion Market while other metals, other than gold, are traded at the London Metal Exchange. So gold is considered as a metal by itself in these terms. The price of gold is actually determined twice a day in London.



Your comments will be displayed only after manual approval.