At the end of the morning interbank fixing in London the gold price declined
Date: 17:31, 12-02-2016.
Almaty. February 12. Silkroadnews - Gold Ounces’ price was $1239.5 at the end of the morning interbank fixing in London.
Regarding the Thursday evening fixing in dollar terms it declined by 1.5.
The cost of gold ounce in euros made 1092.658 (+2.8) and in British pounds 852.066 (-6.579).
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.
