Price of Gold definition

Price of Gold means the average, for the particular calendar month for which net smelter returns are being calculated, of the daily London Bullion Market Association P. M. Gold Fixing (or if such price is unavailable, the daily COMEX spot price for gold (or if such price is unavailable, another published price for gold that is generally used and accepted by the industry)), as established from time to time during said calendar month.
Price of Gold means, on any day, and except as provided in the next sentence, the price per Ounce of Gold collectively set by the fixing members of the London Bullion Market Association in the afternoon (London time) of such day, (including an amount, if any, equal to the premium and any other additional amounts that would be payable in the applicable market in connection with a purchase of Gold). If there is no such fixing, then (a) if such day is any day other than a Saturday, Sunday or holiday in London, the "Price of Gold" shall be the publicly quoted price in Dollars per Ounce of Gold on such other accessible international bullion market as may be selected by Administrative Agent or (b) if no such quotation is available, or such day is a Saturday, a Sunday or a holiday in London, the "Price of Gold" shall be the last price so set by the fixing members of the London Bullion Market Association.
Price of Gold means [Provide the definition] as provided in 7.4; "Redeemed Digital Gold" has the meaning provided in clause 9.1]; "Redeem Gold Bars" has the meaning as provided in clause 9.2;

Examples of Price of Gold in a sentence

  • BENCHMARK INDEX The performance of the Scheme will be benchmarked against a customized composite benchmark comprising Nifty 50 TRI, Crisil Short Term Gilt Index, S&P 500 Index (TRI) and Domestic Price of Gold.

  • The daily indicative Buying Price of Gold for the Customer shall be displayed during the business hours at the branches of the Bank, website or other means of communication and to be quoted as the Bank’s Buying Price.

  • The Pricing Multiple that you define for this contract will be:10 kilograms of gold/10 grams of gold = 1000.Thus, on the option Exercise Date if the Sport Price of Gold is 50 USD for 10 grams of gold, the instrument will be considered to be at the money, if it has a Strike Price of 50000 USD (50 USD X 1000) per contract.

  • Price of Gold The price of gold is the largest single factor in determining profitability and cash flow from operations, therefore, the financial performance of the Company has been, and is expected to continue to be, closely linked to the price of gold.

  • However, the performance of the scheme may differ from that of theunderlying asset due to tracking error.The Price of Gold.

  • Axis Gold ETF, an open ended scheme replicating/tracking Domestic Price of Gold is a different scheme offered by Axis Mutual Fund and is not a minor modification of any other existing scheme/product of Axis Mutual Fund.

  • The daily indicative Selling Price of Gold for the customer shall be displayed during the business hours at the branches of the Bank, website or other means of communication and to be quoted as the Bank’s Selling Price.

  • An open ended scheme replicating/tracking Domestic Price of Gold.

  • S&P BSE 200 is the benchmark index for the Equity part of the Portfolio, CRISIL Bond Fund Index is the benchmark for that part of the Portfolio relating to investments in Debt and Money Market Instruments and the Price of Gold as per SEBI Regulations for Gold ETFs in India is the benchmark in so far it pertains to investments in Gold ETFs. Benchmark has been chosen on the basis of the investment pattern / objective of the scheme and the composition of the index.

  • The performance of the Scheme will be benchmarked against a customized composite benchmark comprising Nifty 50 TRI, Crisil Short Term Gilt Index, S&P 500 Index (TRI) and Domestic Price of Gold.

Related to Price of Gold

  • Cost of Goods means the fully burdened cost to manufacture Compound or Drug Product, as applicable, (the “Supplied Product”) which means: (a) [ * ]; and (b) in the case of [ * ]. Actual unit costs shall consist of [ * ].

  • Supply of goods means the transfer of the right to dispose of tangible property as owner.

  • Price Gap means the following:

  • Cost of Goods Sold means [ * ].

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.

  • The Consumer Price Index means the Consumer Price Index for Canada as published by Statistics Canada (1971 = 100) and hereinafter called the C.P.I.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;

  • Wholesale price or "WSP" shall mean the greater of (i) the first published price of the Licensed Product offered to retailers by Publisher as evidenced by a sell sheet or price list issued by Publisher, or (ii) the actual price paid by retailers upon the first commercial shipment of a Licensed Product without offsets, rebates or deductions from invoices of any kind.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Unit of government means a city, village, township, charter township, and any duly authorized and established combinations thereof, within or without the county establishing any of the improvements, facilities, or services authorized under this act.

  • Consumer Price Index means the Consumer Price Index for

  • Indian Rupees or “Rs.” shall mean the mean the currency of the Government of India.

  • Price Index means the "Consumer Price Index" published by the Bureau of Labor Statistics of the U.S. Department of Labor, All Items. New York, N.Y.--Northeastern, N.J., all urban consumers (presently denominated "CPI-U"), or a successor or substitute index appropriately adjusted. (iii) the term "Price Index for the Base Year" shall mean the average of the monthly All Items Price Indexes for each of the 12 months of the Base Year.

  • Retail Price Index means the general index of retail prices published by the Office for National Statistics each month in respect of all items or:

  • Fair Market Price means a price not higher than the price at which the securities would be purchased from the customer or from a similarly situated customer in the ordinary course of business by a dealer in such securities in transactions of similar size and having similar characteristics but not involving a security taken in trade.

  • continuous supply of goods means a supply of goods which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, whether or not by means of a wire, cable, pipeline or other conduit, and for which the supplier invoices the recipient on a regular or periodic basis and includes supply of such goods as the Government may, subject to such conditions, as it may, by notification, specify;

  • Formula Price means the highest of: (a) the highest composite daily closing price of the Stock during the period beginning on the 60th calendar day prior to the Change of Control and ending on the date of such Change of Control, (b) the highest gross price paid for the Stock during the same period of time, as reported in a report on Schedule 13D filed with the Securities and Exchange Commission, or (c) the highest gross price paid or to be paid for a share of Stock (whether by way of exchange, conversion, distribution upon merger, liquidation or otherwise) in any of the transactions set forth in Section 9 of the Plan as constituting a Change of Control; provided that in the case of the exercise of any such Right related to an Incentive Stock Option, “Formula Price” shall mean the Fair Market Value of the Stock at the time of such exercise.

  • Council of governments means a decision-making body in each county composed of membership including the county governing body and the mayors of each municipality in the county.

  • PCU means the Project coordinating unit referred to in Section 3.04 of this Agreement;

  • Local unit of government means a county, township, city, or village.

  • CPI-U means the consumer price index for urban consumers for the San Francisco- Oakland-San Jose metropolitan statistical area, as determined by the United States Department of Labor, Bureau of Labor Statistics.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • FOB means Free on Board

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Level of Government means the national and county level of government;

  • Tender Price means the amount stipulated by the Tenderer in the space provided therefor in the Form of Tender, including all applicable taxes, which price, for greater certainty, is the Tenderer’s proposed Contract Price to complete all of the Work; and