Morning interbank fixing in London closed with gold price decrease
Beijing. March 28. Silkroadnews - Gold Ounces’ price made $1341.05 as a result of the morning interbank fixing in London.
Regarding Tuesday evening fixing in dollar terms it decreased by 0.4.
The cost of gold ounce in euro made 1082.23 (-0.19), and in British pound – 946.24 (-2.17).
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.