Morning interbank fixing in London closed with gold price decrease
Beijing. February 1. Silkroadnews - Gold Ounces’ price made $1341,1 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 3,95.
The cost of gold ounce in euro made 1077,98 (-1,29), and in British pound – 941,99 (-7,21).
The interbank gold fixing is carried out every trading day at 10.30 and 15.00 GMT. The fixing results are used as a guide to trade the gold futures around the world. 5 financial institutes physically participating in delivery of gold determine the price.
Photo source: cyprus-mail.com