At the end of the morning interbank fixing in London the gold price declined
Date: 17:35, 26-02-2016.
Almaty. February 26. Silkroadnews - Gold Ounces’ price was $1231 at the end of the morning interbank fixing in London.
Regarding the Thursday evening fixing in dollar terms it decreased by 5.
The cost of gold ounce in euros made 1117.576 (-4.478) and in British pounds 878.867 (-10.075).
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.
