Morning interbank fixing in London closed with gold price decrease
Beijing. February 22. Silkroadnews - Gold Ounces’ price made $1323.5 as a result of the morning interbank fixing in London.
Regarding Wednesday evening fixing in dollar terms it decreased by 7.
The cost of gold ounce in euro made 1076.4 (-3.3), and in British pound – 952.66 (-1.44).
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.