I'm going to assume that you have a domain $D$, and are looking at the field of fractions as a $D$-module. You are now looking for multiples and divisors but only $D$-multiples. That is, letting $D$ be the domain and $F$ be the field of fractions, we define:
Let $a,b\in F$. We say $x\in F$ is a least common multiple of $a$ and $b$ if and only if:
- There exist $r,s\in D$ such that $ra=x$ and $sb=x$; and
- If $y\in F$ is such that there exist $u,v\in D$ with $ua=y$ and $vb=y$, then there exists $t\in D$ such that $xt=y$.
Note well: we are only talking about "$D$-multiples". If we take $D=\mathbb{Z}$ and $F=\mathbb{Q}$, this would be the equivalent of saying that $a$ and $b$ "measure" $x$, and that $x$ measures any number that is measured by both $a$ and $b$ (in the sense of Euclid).
Similarly,
Let $a,b\in F$. We say that $d\in F$ is a greatest common divisor of $a$ and $b$ if and only if:
- There exist $r,s\in D$ such that $rd=a$ and $sd=b$; and
- If $c\in F$ is such that there exist $u,v\in D$ with $uc=a$ and $vc=b$, then there exists $t\in D$ such that $tc=d$.
Note again: We are talking about "$D$-divisors" only. Again, in the language of Euclid, this means that $d$ "measures" both $a$ and $b$, and that any common measure of $a$ and $b$ "measures" $d$.
Now, suppose that $d$ is a gcd for $a^{-1}$ and $b^{-1}$. We are trying to show that $d^{-1}$ is a least common multiple of $a$ and $b$.
Since there exist $r,s\in D$ with $rd = a^{-1}$ and $sd=b^{-1}$, we see that $ra=d^{-1}$ and $sb=d^{-1}$, so $d^{-1}$ is a common $D$-multiple of $a$ and $b$. Now suppose that $c$ is a common $D$-multiple of $a$ and $b$. Then there exist $x,y\in D$ such that $ax=c$ and $by=c$. Therefore $c^{-1}x = a^{-1}$ and $c^{-1}y=b^{-1}$, so $c^{-1}$ is a common $D$-divisor of $a^{-1}$ and $b^{-1}$. Since $d$ is a gcd for $a^{-1}$ and $b^{-1}$, it follows that there exists $z\in D$ such that $zc^{-1}=d$, and therefore $zd^{-1}=c$. Thus, $c$ is a $D$-multiple of $d^{-1}$.
This proves that $d^{-1}$ is a least common multiple of $a$ and $b$, under these definitions. That is, we have shown that
$$\mathrm{lcm}(a,b) = \gcd(a^{-1},b^{-1})^{-1}$$
as desired.
Added. More generally, as noted by Bill Dubuque in this old sci.math post, we have:
Theorem. Let $a,b,c,d\in D$. If $\gcd(a,b)=\gcd(c,d)=1$, then
$$\gcd\left(\frac{a}{b},\frac{c}{d}\right) = \frac{\gcd(a,c)}{\mathrm{lcm}(b,d)}.$$
In the case at hand, assuming $u$ and $v$ are in $D$, we have $a=1$, $c=1$, $b=u$, $d=v$, so we obtain
$$\gcd\left(\frac{1}{u},\frac{1}{v}\right) = \frac{\gcd(1,1)}{\mathrm{lcm}(u,v)}$$
which gives the result as well.