Morning interbank fixing in London closed with gold price decrease
Almaty. December 7. Silkroadnews - Gold Ounces’ price made $1256.8 a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 6.9.
The cost of gold ounce in euro made 1066.77 (-5.35), and in British pound – 937.57 (-7.68).
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.