The London Bullion Market Association is considering moving its morning gold
auction earlier to better reflect Asian trading conditions and improve price
discovery, CEO Ruth Crowell said. Crowell gave no details on proposed timing or
an implementation date. The LBMA Gold Price is currently set twice daily in USD
via electronic auction at 10:30 and 15:00 London time and serves as the global
benchmark for miners, refiners, investors and central banks.