Century-old London gold price benchmark starts makeover

http://www.reuters.com/article/2014/09/04/gold-london-prices-setting-idUSL1N0R51RZ20140904

As it happened for silver, the LBMA is again launching a consultation among market participants, including central banks, miners and refiners, to assess how they would like the new price mechanism to be derived. '' -- Awesome. Will gold now be quoted in units of lakh, as well?