Morning interbank fixing in London closed with gold price decrease
Date: 06:44, 16-05-2018.
Beijing. May 16. Silkroadnews - Gold Ounces’ price made $1295 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 15.05.
The cost of gold ounce in euro made 1094.15 (-4.2), and in British pound – 961.15 (-5.27).
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.
