At the end of the morning interbank fixing in London the gold price declined
Date: 15:11, 04-05-2016.
Almaty. May 4. Silkroadnews – Gold Ounces’ price made $1280.3 at the end of the morning interbank fixing in London.
Regarding the Tuesday evening fixing in dollar terms it decreased by 13.7.
The cost of gold ounce in euro made 1114.175 (-5.225), and in British pound 883.594 (-1.964).
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.
