At the end of the morning interbank fixing in London the gold price declined
Date: 16:30, 31-03-2016.
Almaty. March 31. Silkroadnews - Gold Ounces’ price was $1238.38 at the end of the morning interbank fixing in London.
Regarding the Wednesday evening fixing in dollar terms it declined by 2.65.
The cost of gold ounce in euros made 1085.502 (-5.687) and in British pounds 857.620 (+1.17). 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.
