Interbank fixing in London closed with gold price decrease
Date: 06:31, 23-05-2018.
Beijing. May 23. Silkroadnews - Gold Ounces’ price made $1293.05 as a result of the evening interbank fixing in London.
Regarding Tuesday morning fixing in dollar terms it declined by 0.85.
The cost of gold ounce in euro made 1097.02 (+1.73), and in British pound – 961.51 (+0.27).
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.
