Evening interbank fixing in London closed with gold price decrease
Date: 06:40, 05-07-2018.
Beijing. Jul 5. Silkroadnews - Gold Ounces’ price made $1255.65 as a result of the evening interbank fixing in London.
Regarding Wednesday morning fixing in dollar terms it decreased by 1.25.
The cost of gold ounce in euro made 1078.35 (-1.45), and in British pound – 950.15 (-1.32).
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.
