At the end of the morning interbank fixing in London the gold price decreased
Almaty. March 24. Silkroadnews - Gold Ounces’ price was $1216.45 at the end of the morning interbank fixing in London.
Regarding the Wednesday evening fixing in dollar terms it decreased by 1.15.
The cost of gold ounce in euros made 1088.752 (-0.222) and in British pounds 861.885 (-0.318).
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.