Evening interbank fixing in London closed with gold price decrease
Beijing. June 26. Silkroadnews - Gold Ounces’ price made $1268.7 as a result of the evening interbank fixing in London.
Regarding Monday morning fixing in dollar terms it decreased by 1.1.
The cost of gold ounce in euro made 1085.88 (-4.37), and in British pound – 955.08 (-4.38).
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.